Associate - Indirect Tax

Job Description

Shift: 12:30PM to 9:30PM IST Mandatory Skills: Experience working for Indirect Tax, Balance Sheet Education: MBA/ CA/ CMA Job Description: The Associate/Senior Associate plays a key role in supporting the day-to-day activities of Global Business Services Record to Report Team (GBS-R2R). Following is some of the key responsibilities of the role. KEY RESPONSIBILITIES 1. Interact with group entity VAT leads and maintain the monthly/bi-monthly/Quarterly VAT working tracker. 2. Preparation of VAT/GST workings for various group entities before the due dates. 3. Understand and update about the basic VAT laws of the respective group entities 4. Analyse the taxable and nontaxable turnover and finalize the output liability. Impact of amendment/changes in the relevant VAT laws. 5. Claim the eligible VAT input deduction and ensure that ineligible input credits are excluded from the availment. 6. Adherence to statutory due dates that ensures compliance 7. Proactively highlight the challenges if any to resolve the same and ensure the deliverables are provided as per agreed deadlines. 8. Prepare the monthly Balance sheet schedules for the respective VAT/GST GL accounts duly reconciled and seek clarification/supporting from the respective group entities as required. 9. To Prepare a Balance sheet reconciliation on monthly basis and highlight any open item to the Local FBS and Controllership through Open Item Tracker 10. Assist in resolving queries from auditors relating to VAT/GST workings. 11. Self-development as indirect tax expert and attend to queries from respective group entities. 12. Understand the existing VAT process for the respective group entities and highlight the areas for improvement and efficiency. 13. Related experience would be preferred and should be willing to work in Shift - 12.30 PM to 9.30 PM India Time KEY SKILLS & COMPETENCIES Functional/Technical Ability to work with Office suite, Excel, Word, PowerPoint and Access. Strong knowledge of accounting concepts Behavioral Analytical Thinking Inquisitive and Seeks to Understand Communication and Interpersonal Skills Detail and Action Oriented Highly Organized Autonomous & Flexible Proactive, positive, can-do attitude QUALIFICATIONS / EDUCATION Bachelor's degree in accounting, MBA-Finance with related practical experience in Indirect Tax; Semi Qualified (CA-Intermediate) or Chartered Accountant (CA) or Chartered Management Accountant (CMA) 1-year minimum experience in a relevant field. EXPERIENCE Action-oriented, proactive with the high level of accountability for delivering quality work Ability to prioritize and work under tight deadlines Ability to work under pressure Ability to thrive in a dynamic and fast-changing environment. Ability to work in a Team and good communication skills. Have a good work organization.