About the company
SBI Card is a leading pure-play credit card issuer in India, offering a wide range of credit cards to cater to diverse customer needs. We are constantly innovating to meet the evolving financial needs of our customers, empowering them with digital currency for seamless payment experience and indulge in rewarding benefits. At SBI Card, the motto 'Make Life Simple' inspires every initiative, ensuring that customer convenience is at the forefront of all that we do. We are committed to building an environment where people can thrive and create a better future for everyone.
SBI Card is proud to be an equal opportunity & inclusive employer and welcome employees without any discrimination on the grounds of race, colour, gender, religion, creed, disability, sexual orientation, gender identity, marital status, caste etc. SBI Card is committed to fostering an inclusive and diverse workplace where all employees are treated equally with dignity and respect which makes it a promising place to work.
Join us to shape the future of digital payment in India and unlock your full potential.
What’s in it for YOU
- SBI Card truly lives by the work-life balance philosophy. We offer a robust wellness and wellbeing program to support mental and physical health of our employees
- Admirable work deserves to be rewarded. We have a well curated bouquet of rewards and recognition program for the employees
- Dynamic, Inclusive and Diverse team culture
- Inclusive Health Benefits for all - Medical Insurance, Personal Accidental, Group Term Life Insurance and Annual Health Checkup, Dental and OPD benefits
- Commitment to the overall development of an employee through comprehensive learning & development framework
Role Purpose
The role is responsible for indirect tax compliances (viz. tax payments, Return filings etc.), compilation of data for audits, assessments, disputes/ litigations, tax reconciliations etc.
Role Accountability
- Ensure all indirect tax compliances across India which broadly includes the following:
- Coordinate with various functions for input data
- Analyze the data and obtain clarification from stakeholders as required
- Income/ Expense to tax and GL Reconciliations
- Review and payment of taxes
- Review of periodic indirect tax returns backed up with requisite data, reconciliation
- Manage filling of GST returns for all registrations including GSTR 9 and 9 C
- Supervise the process of preparation of monthly Cenvat credit register (ensuring compliance to eligibility criteria set in Cenvat Credit Rules)
- Manage coordination of work such as arranging data, invoices, agreements, payment dates etc.
- Prepare and review reconciliations on taxes; Turnover as per GST returns with Turnover in the books of accounts, review of calculation of GST working and returns; ensuring tax as per Vision Plus is in-line with the income levied
- Prepare data required in any proceeding, enquiry, litigation etc.
- Ensure invoices on which GST credit is taken by the company have been reported by the vendors to the GST Authorities
- Manage inter branch invoicing
- Manage issuance of invoices for Interchange (VISA, MC and RuPay) to all the banks on a monthly basis and their reporting on GST portal and reconciliation with books
- Review tax positions and making sure that they are inline with newly introduced GST law
- Assist in audits (Quarterly Internal Audit, CAG audit, Statutory Audit, RBI Audit, Limited reviews, Service Tax audits, etc.)
- Support appeals and other legal recourses arising from disputed audits, assessments and subsequent appellate proceedings, drafting and vet appeals prepared by law firms to be filed before Appellate authorities on behalf of the company; drafting of replies to be filed before tax authorities
- Assist management / tax driven projects & related requirements from tax perspective; Work with cross-functional team (marketing, finance etc.) for transactional support on new product and business development activities
- Post and approve necessary tax entries in Oracle
- Ensure registration under the custom laws are in place and renewed regularly and compliance with custom procedures as and when imports are being done
- Supervise indirect tax related balance sheet accounts
- Review and analyze tax triggers in IT systems
- Monitor vendor management viz. vendor enrollment and payment of bills etc.
- Supervise ASP/GSP implementation for GST compliances and related integration with GST portal
- Undertake compliances under the erstwhile tax laws and assisting Tax Authorities in completing tax assessments under those laws
- Perform process documentation and compliance adherence
Measures of Success
- Compliance for all the deposits & filings with zero misses
- Ensure minimal escalations
- Reports with minimal objections
- Reduction in number of disputes & refunds
- Favorable order and timely appearance
- Implementation of projects within timelines, budget, and quality of deliverables
- Timely replies to all queries, notices etc.
- Timely and accurate updation of process documentation
- Process Adherence as per MOU
Technical Skills / Experience / Certifications
- Understanding of Tax Laws & accounting
- Expertise in MS Office tools
- Knowledge of Financial Analytics
- Understanding of Automation and AI
- Knowledge of IT systems used in financial sector business (Vision PLUS etc.) will be an added advantage
Competencies critical to the role
- Detail Orientation - Quantitative skills
Qualification
CA
Preferred Industry
FSI