Head – Compliance & Taxation

Company :

Reports to:

Education :

The candidate should have:

– A good understanding of compliance, accounting and audit

– The ability to manage reporting and coordination with stakeholders

– A blend of financial, commercial and legal perspective

– The ability to interpret relevant updates from any commercial field & implementation of the same, resolve FC&A staff queries and handle liaisoning responsibilities as and when required

– The ideal candidate, whether male or female, should be ready to take responsibility in the field. This includes working outdoors, managing busy schedules when required & putting in extra time and effort when needed.

Salary :

Please send resumes on prajaktap@gokulanand.com

Note:

Detailed Job Responsibilities for Head – Compliance & Taxation

1. Indirect Tax (GST)

· Streamline free cash flow management through efficient GST refund processing.

· Conduct GST due diligence (Buy-side/Sell-side), ensuring accurate valuation and applicable tax rate assessment.

· Provide tax opinions on GST matters and offer tax planning insights.

· Draft & Submit detailed replies to departmental notices, appeals and other regulatory submissions.

· Maintain up-to-date knowledge of evolving GST legislation and its implementation by updating internal stakeholders.

· Ensure accurate and timely filing of GST returns GSTR-9, GSTR-9C, and ITC-04.

· Create and maintain a tracking system for vendors with irregular GST deposits & dues beyond 180 days.

· Ensure monthly and quarterly closure of GST General Ledger (GL) reconciliations and reconciliations between returns and books of accounts.

2. Income Tax

· Interpret developments in income tax law and ensure timely internal updates.

· Advise on income tax planning strategies for organizational benefit.

· Coordinate and support income tax assessments in collaboration with external consultants.

· Manage stakeholder updates on emerging income tax issues.

3. Other Statutory & Regulatory Compliance

· Ensure timely closure of import/export transactions on the RBI portal.

· Collaborate with the cost auditor to ensure timely and accurate completion of cost audit requirements.

4. Finance & Cost Management

· Prepare and submit quarterly UFCE (Unhedged Foreign Currency Exposure) statements.

· Prepare Annexure III for GPF reporting on a quarterly basis.

· Submission of the Quarterly Financial Report (QFR) based on data from internal systems.

· Recommend insights to reduce per unit cost through analysis.

· Manage stock audit processes.

5. SAP & Process Development

· SAP developments and enhancements related to finance and compliance modules

6. Reporting

· Present a monthly regulatory compliance report summarizing applicable regulations, company status, and action items.

7. Work by Management

· Any allotted extra work

- Also note that some of the tasks mentioned above will not be recurring; a few will be one-time activities only.

• Textile Manufacturing

Full-time