Chartered Accountant (CA) - GST - BFSI (Jr.) - at CA Firm, Mumbai

CHARTERED ACCOUNTANT - GST /Indirect Tax (BFSI / Banking / NBFC Clients) - AT MUMBAI

(At a Reputed and Large National level Indian CA Firm)

The Opportunity:

Qualification

Experience:

Candidates Profile:

CA Fresher candidates willing to be trained and make career in GST can also be cosidered.

WORK PROFILE GST / INDIRECT TAXES

Role Overview:

Goods And Service Tax (GST)

GST Returns/Compliance/ Review / Audit / Due Diligence

• Handling various GST compliances e.g., preparation and filing of periodical GST returns monthly quarterly returns GSTR1 and GSTR 3B, annual returns, refund applications etc. for a number of clients.
• Handling / reviewing reconciliation of GSTR 3B with GSTR1 and GSTR2A, E-Invoices and E-waybill data with GSTR1/ ITC04
• Handling / reviewing Credit register for determining the correctness of Input credit/ITC availment and utilization.
• Conducting GST Audit and filing of Annual Returns of various clients in a time bound manner
• Ensuring smooth completion of GST Departmental Audits to avoid any financial loss/burden to the clients.
• Assisting clients for various submissions to be made in connection with Investigations, Audits, and Assessments conducted by the GST department/Indirect Tax authorities.
• Carrying out health check reviews of client companies from GST/indirect tax perspective with an objective to verify various tax positions adopted, timely compliances and identifying risk and exposure areas.
• Carrying out of due diligence reviews from indirect tax perspective to determine risks/ exposures for the investing as well as target companies.

Clients/ Representation / Defence / Litigation Support

• Responsible for handling Indirect Tax Litigation matters of clients including drafting replies to letters and show cause notices, audit objections, etc., drafting appeals, attending personal hearing, representing the client before GST/indirect tax adjudication and appellate authorities, concerning various GST/indirect tax matters and tax positions adopted; and assisting senior counsel for higher level appellate authorities/High Court, where needed.
• Assisting clients with GST tax refunds under GST, and to liaison with tax office
• Assisting clients in connection with enquiry/survey/search/investigation actions under GST/Indirect Tax laws and advising them the way forward; and also attending summons, representing clients, and making submissions on their behalf to the relevant Tax authorities including the Anti Evasion/DG GST Intelligence (DGGI) enquiry/investigation proceedings.
• Attending miscellaneous matters like condonation of delay applications, etc., before Honble Tribunal .

Advisory

• Staying abreast on GST/Indirect tax legislation, evaluate implications on business activities of the clients.
• Advising and assisting clients on implication of provisions, notifications, amendments, advance rulings etc. on transactions and business under GST and erstwhile VAT/service tax regime, and Foreign Trade Policy (FTP).
• Advising on applicability of GST/indirect taxes on structuring of various transactions/ finalization of agreements and drafting of opinions after through research and suggesting effective and practical way forward on the same.
• Drafting of case for opinions for obtaining senior legal counsels view/opinion, where needed in case of high-stake matters.
• Advising clients on Anti-Profiteering matters under GST; and conducting GST diagnostic review, review from Anti Profiteering perspective.
• Deep dive into specific challenges faced by the clients in different industries, and advising them in controversial matters to mitigate any additional tax liabilities.
• Obtaining various Registrations for clients under GST as required by the Act.
• Providing Training with regards to understanding and implementation of the provisions and applicability of the GST Act.
• Helping clients in setting up of system and processes for compliance and accounting under GST.

Other Indirect Taxes Customs, Foreign Trade Policy, and Legacy Tax Issues (Central Excise, Service Tax, VAT)

• Advising on Customs and Foreign Trade Policy (FTP) matters, and DGFT compliances for Imports/ Exports; and preparing and filing applications for approvals/authorizations, including SEIS applications.
• Assistance in SVB proceedings including preparation of appeal against SVB orders
• Assistance DRI investigation proceedings.
• Preparation and filing of SEIS application and advisory services on various aspects of Foreign Trade Policy
• Advising clients in the legacy indirect tax issues, and litigation support under pre-GST, erstwhile indirect taxes regime under Service Tax/MVAT/Excise Duty matters, etc.

ABOUT OUR CLIENT (The Hiring Firm) - Confidential

Our respectable client, established in 1927, is a large Indian professional CA firm, with well-established reputation of 97 years - head-quartered at Mumbai, and having Pan-India presence with existing Branch Offices at New Delhi, Chennai, Kolkata; and also, in the state of Gujarat, Rajasthan, Haryana, UP, Punjab and Odisha. A new Branch at Bangalore is also set to start soon. This firm registered in 1946, has 16 partners, and manpower strength of ~225 employees, and converted in LLP in 2020. This full-practice CA firm with well-structured practice verticals in Audit and Assurance (including Statutory/Internal/Tax Audits, and also CAG Audit) for the Manufacturing and other industries, and the BFSI industry: besides Taxation practice (Direct, Indirect, and International Taxation, and Transfer Pricing); and Corporate Advisory for some of the most reputed companies including Large Business Houses, Indian and MNCs, Public sector companies in different industries Manufacturing, Services, and Banking and Financial Services industries (BFSI). The firm acts as the Central Statutory Auditor for some of the largest Private sector Banks, PSU Banks, NBFCs, Insurance companies, Mutual Funds, and Broking houses. The firm also conducts CAG Audit of Government/PSU enterprises. ...

We shall be glad to provide more information of the firm during our personal discussion on receipt and shortlisting of your application.

ABOUT US (The Executive Search Consultants)

We, Krishan Lal Swami and Associates (KLS&A), are an Executive Search firm focused on Leadership Hiring for the Board/C-Suite/CXO/ Senior and Upper Middle Management level positions across industry sectors, and a variety of roles / functions, on pan-India basis. We support some of the top Indian corporate houses and global MNCs in hiring the best human talent We have a talented team of sector specialists and versatile multi-sector search professionals (MBAs from well-known institutes from India & abroad, engineers, cost & management accountants, company secretaries, Ph.D.) with diverse backgrounds, and collective experience of 150+ man-years in the industry/corporate sector/ consulting across a myriad of industry domains (e.g. engineering, construction & infrastructure; manufacturing; consumers; chemicals and life sciences; technology; shipping & logistics; banking & financial sector; etc.) Our promoters are accomplished top level corporate professionals with 70+ man-years of experience in strategy, general management, governance, finance, legal, HR, IT, and commercial management. Our founders have worked at the Board of Directors level with reputed Indian conglomerates having diversified businesses manufacturing, engineering, EPC, construction, real estate, conventional and non-conventional energy, international trading, logistics, shipping, and ports, education, and media; and thus, have good network and contacts in these fields We strive to excel in our service to all our esteemed clients - big or smallWe are willing to invest in building special resources / infrastructure for meeting the specific needs of our esteemed clients. For more information about us, please visit: https://klsanda.com/