Direct Tax Manager

6 years

0 Lacs

Posted:1 week ago| Platform: Linkedin logo

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Work Mode

On-site

Job Type

Full Time

Job Description

The ideal candidate will be responsible for overseeing all tax related decisions and activities in the organization. You will help us stay tax-compliant and up-to-date on new tax laws.


Tax Function strives to support the organization’s objectives by adding value through tax planning, preserving value by reducing tax risks, and enhancing value by finding opportunities. Prompt management of tax and regulatory compliances, adapting operating model to tax and regulatory environment and assisting in strategic decision making. Regularly assess and improve operations and stay abreast of the relevant global tax & statutory changes with the aim of boosting Tax efficiency and effectiveness.


Influencing Stakeholders

1. Advising business to protect profitability on additional cost of doing business in domestic and cross border markets.

2. Ensure the monitoring of the tax governance and alignment on tax positions adopted by the engagement teams, IFS and finance teams.

3. Managing relationship with tax consultants and IFS functions to ensure effective compliance on tax and regulatory positions and policies to minimize possibilities of litigation.

4. Manage relationships with internal and external auditors to ensure effective completion of audit.


Financial Metrics

a. Monitor tax governing framework on tax assets realisation to avoid working capital lock in and ensure review of the operations to avoid any tax leakage.

b. Tax Compliance

· Responsible for timely execution of Tax and regulatory compliance with accuracy and quality.

· Responsible for adequacy of Tax provision, owner of Tax accounts & ensuring tax positions is followed.

c. Tax Assessments

· Ensure effective tax assessments & litigation management by conducting due research on tax matters to ensure effective representation of the tax position adopted with detailed documentation within timelines.

d. Ensure timely closure of audit points with complete and accurate submission of the schedules and documents.

e. Ensure timeline response to engagement consultation and adequate safeguard in the engagement documents from tax and regulatory perspectives. Ensure the engagement teams and other stakeholders understand the tax impact and consider in the business transactions.

f. Ensure the application controls are inbuilt in financials and tertiary applications and regular review of the same to ensure effective controls. Regular review of the exception reporting and undertaking corrective action.

g. Ensure effective maintenance of the documentation with respect to compliance and assessments and timely update in the reporting applications.

h. Effective contribution to the firm's strategic projects ensuring the finance aspects are duly considered.

i. Responsible for the actions to mitigating tax and regulatory risks on firm policies and business model.

j. Ensuring accurate tax and regulatory reporting highlighting the exceptions, and staying updated with changes in tax laws, evaluate the impact on operations and business model and ensure the impact is factors in policies and the cost of operations.

k. Responsible for maintaining robust internal controls and regular review to prevent errors and fraud and ensure the integrity of tax and regulatory reporting. Ensure the firm operations and policies are updated with the latest tax and regulatory framework.

g. Responsible and report the agreed Process KPI, Strengthen the review mechanism. Ensure timely compliance with governance on monthly reporting.

h. Adherence to inter departmental deliverables through Interlock documents.

i. Responsible for meeting KQI and RCSA KPI and taking corrective actions for continuous improvement. Review the RCSA periodically under Risk Mitigation strategy and enhance the RCSA framework.



Tax Efficiency Evolution Initiative

· Take lead in implementation of the technological advancement of the function with best-in-class automation practices, to drive efficiency in the overall finance processes impacting tax and regulatory compliances.


Demonstrating People Leadership

a. Team Management: Supervising and managing a team, including their performance, productivity, and adherence to SOP

b. Performance Monitoring: Maintaining and evaluating individual and team performance metrics. Ensuring there is fair and equitable measurement of performance

c. Coaching and Training: Providing constant coaching, monitoring, and training to enhance team members’ futuristic skill sets, knowledge, and Perform regulatory and technical training for the team

d. Quality Assurance: Maintaining quality standards and conducting frequent quality checks to identify areas of improvement and take corrective actions on the feedback.

e. Timely recognition of efforts made by individual to enhance the motivation


Experience- 6+ years post CA Qualification

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PwC India logo
PwC India

Business Consulting and Services

Kolkata West Bengal

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