Direct Tax Manager

Role & responsibilities:

To manage and oversee the organizations direct tax compliance and advisory functions, including income tax audits, transfer pricing documentation, statutory filings, and scrutiny assessments. The role requires a strong understanding of domestic and international tax laws, effective TDS management, and the ability to provide strategic tax planning and automation initiatives. The incumbent will also be responsible for ensuring accurate tax reconciliations, responding to departmental queries, and supporting internal projects from a direct tax.

Preferred candidate profile:

• Assist in the preparation, review, and timely filing of Tax Audit reports, Transfer Pricing Audit documentation, and Income Tax returns.
• Identify and implement automation and process improvement opportunities within the tax function.
• Support the filing and review of statutory compliances, including SFTs, Equalization Levy, TDS returns, and other income taxrelated filings.
• Manage scrutiny assessments, including drafting responses to notices, preparing submissions, and filing appeals.
• Handle matters related to rectifications, refunds, demands, and penalties; liaise with the Income Tax Department as necessary.
• Reconcile Form 26AS with ledger entries to ensure accurate TDS credit claims.
• Apply strong knowledge of Income Tax laws to identify tax-saving opportunities.
• Regularly reconcile tax records with financials and implement internal controls.
• Resolve TDS and direct tax-related queries from statutory auditors and internal teams.
• Provide tax advisory support for internal projects.
• Ensure comprehensive TDS compliance: return filing, payment, certificate issuance, and addressing demands on the TRACES portal. Analyse the tax implications of various financial instruments. Interpret domestic and international tax laws for advisory support, including 15CA/CB filings.