Summary
Position Summary
Analyst – US India Firm Tax [Direct Tax]
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Deloitte Consulting India Private Limited
We are looking for professionals with sound working knowledge in Indian Direct Tax regulations and international tax law matters.
Team Overview
The USI Firms Tax team is responsible for ensuring entity level tax compliances for all the US India companies, besides catering to the tax essentials and advise to USI companies’ business and enabling functions ecosystems. The team consists of tax professionals with adequate expertise in handling tax matters. This team works in close coordination with the US India (USI) finance, legal and enabling teams besides business teams to ensure optimum tax health of the USI companies in India.
Work you’ll do
The primary area of focus for this position is ensuring Corporate Tax compliances, supporting with information for defending tax litigation for the group of entities (information gathering), supporting with working on other advisory related work. Responsibilities include compilation /preparation of tax audit reports, income tax returns, transfer pricing report, any other corporate tax compliances.
Key Responsibilities include:
- Compilation of data for tax audit and preparation of tax audit report in Form 3CD
- Compilation and preparation of tax computation
- Filling of Income Tax returns
- Form 26AS reconciliation & AIS reconciliation
- Computation of Monthly TDS payments & Preparation and filing of Quarterly TDS returns
- Compilation /preparation of transfer pricing report in Form 3CEB
- Preparing submissions/appeals/letters in relation to direct tax litigation, appearing before the tax authorities, preparation of supporting work papers
- Coordinating with Auditors for Annual Statutory Audit / Tax Audit and other Internal Audit requirements.
- Compiling periodic MIS reports pertaining to various Tax compliance metrics for appropriate analysis.
- Supervising and controlling tax compliance activities, coordinating for the payment of taxes with finance team members, acting as a liaison person between Finance and Firms Tax team.
- Be available as a contact person for external stakeholders and for liaising Revenue authorities, external Counsels, Tax advisors, etc.
- Assist with training and knowledge sharing within the Firm Tax Team.
- Create and/or update process documentation as processes change.
- Perform other job-related duties as assigned.
Qualifications:
- M.COM/LLB/B.Com with 1 to 2 years’ experience
- Basic understanding of corporate tax provisions and regulations
- Knowledge about the corporate tax compliances such as preparation of income-tax return, Form 3CD, and other compliance forms
- Knowledge about corporate tax litigation on how to prepare response to income-tax notices (like show-cause notice, CIT(A) submissions, etc.)
- Ability to work independently and work together with a team in an energetic and dynamic work environment
- Proficiency in MS Office (including advanced Excel, Word and PowerPoint skills).
- A self-motivator, a team player cum individual contributor with knowledge of an ERP environment
- Good Communication, analytical skills, multi-tasking, and ability to work under pressure.
- Must be detail-oriented with a commitment to accuracy and quality work.
- Possess strong problem-solving skills with the ability to follow a transaction from beginning to end through various systems and reports.
- Strong written and verbal communication skills
How You’ll Grow
At Deloitte, we’ve invested a great deal to create a rich environment in which our professionals can grow. We want all our people to develop in their own way, playing to their own strengths as they hone their leadership skills. And, as a part of our efforts, we provide our professionals with a variety of learning and networking opportunities—including exposure to leaders, sponsors, coaches, and challenging assignments—to help accelerate their careers along the way. No two people learn in exactly the same way. Therefore, we provide a range of resources including live classrooms, team-based learning, and eLearning. DU: The Leadership Center in India and represents a tangible symbol of our commitment to our people’s growth and development. Explore Deloitte University, The Leadership Center.
Benefits
At Deloitte, we know that great people make a great organization. We value our people and offer employees a broad range of benefits. Learn more about what working at Deloitte can mean for you.
Deloitte’s culture
Our positive and supportive culture encourages our people to do their best work every day. We celebrate individuals by recognizing their uniqueness and offering them the flexibility to make daily choices that can help them to be healthy, centered, confident, and aware. We offer well-being programs and are continuously looking for new ways to maintain a culture where our people excel and lead healthy, happy lives. Learn more about Life at Deloitte.
Corporate citizenship
Deloitte is led by a purpose: to make an impact that matters. This purpose defines who we are and extends to relationships with our clients, our people and our communities. We believe that business has the power to inspire and transform. We focus on education, giving, skill-based volunteerism, and leadership to help drive positive social impact in our communities. Learn more about Deloitte’s impact on the world.
Recruiter tips
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Our purpose
Deloitte’s purpose is to make an impact that matters for our people, clients, and communities. At Deloitte, purpose is synonymous with how we work every day. It defines who we are. Our purpose comes through in our work with clients that enables impact and value in their organizations, as well as through our own investments, commitments, and actions across areas that help drive positive outcomes for our communities.
Our people and culture
Our inclusive culture empowers our people to be who they are, contribute their unique perspectives, and make a difference individually and collectively. It enables us to leverage different ideas and perspectives, and bring more creativity and innovation to help solve our clients' most complex challenges. This makes Deloitte one of the most rewarding places to work.
Professional development
At Deloitte, professionals have the opportunity to work with some of the best and discover what works best for them. Here, we prioritize professional growth, offering diverse learning and networking opportunities to help accelerate careers and enhance leadership skills. Our state-of-the-art DU: The Leadership Center in India, located in Hyderabad, represents a tangible symbol of our commitment to the holistic growth and development of our people. Explore DU: The Leadership Center in India .
Benefits To Help You Thrive
At Deloitte, we know that great people make a great organization. Our comprehensive rewards program helps us deliver a distinctly Deloitte experience that helps that empowers our professionals to thrive mentally, physically, and financially—and live their purpose. To support our professionals and their loved ones, we offer a broad range of benefits. Eligibility requirements may be based on role, tenure, type of employment and/ or other criteria. Learn more about what working at Deloitte can mean for you.
Recruiting tips
From developing a stand out resume to putting your best foot forward in the interview, we want you to feel prepared and confident as you explore opportunities at Deloitte. Check out recruiting tips from Deloitte recruiters.Requisition code: 307838
