PharmEasy - Assistant Manager - Goods & Service Tax

Company Overview

Position Overview

Role

• Ensure timely and accurate filing of GST returns, including GSTR-1, GSTR-3B, and annual returns.
• Monitor changes in GST laws and regulations and implement necessary adjustments to ensure compliance.
• Conduct periodic GST audits to identify and rectify any discrepancies or non-compliance issues.
• Conduct periodic GSTR 2A/2B reconciliations to identify and rectify potential loss of input tax credit.
• Tax Planning and Optimization:
• Analyze business transactions to identify opportunities for GST savings and optimization.
• Collaborate with internal teams to structure transactions in a tax-efficient manner while ensuring compliance with GST laws.
• Assist in the implementation of tax planning strategies to minimize GST liabilities and maximize refunds.
• Documentation and Record Keeping:
• Maintain organized and up-to-date GST records, including invoices, returns, and other relevant documents.
• Develop and implement efficient systems for GST documentation and record-keeping to facilitate audits and compliance.
• GST Reporting and Analysis:
• Prepare comprehensive GST reports and analyses for management review.
• Provide insights and recommendations based on GST data analysis to support strategic decision-making.
• Liaison with Tax Authorities:
• Serve as the primary point of contact for GST-related inquiries and communications with tax authorities.
• Represent the company in GST audits, assessments, and other interactions with tax authorities.
• Training and Education:
• Conduct training sessions for internal stakeholders to enhance understanding of GST regulations and compliance requirements.
• Stay informed about changes in GST laws and regulations and disseminate relevant information to the finance team and other departments as Degree in accounting, Finance, or a related field.
• Additional certifications such as CA, CPA, or CMA preferred.
• Proven experience in GST compliance and taxation, preferably in a similar role.
• In-depth knowledge of GST laws, regulations, and compliance requirements.
• Strong analytical skills with the ability to interpret complex tax regulations and analyze transaction data.
• Excellent attention to detail and accuracy in data management and record-keeping.
• Proficiency in accounting software and MS Office applications, particularly Excel.
• Excellent communication and interpersonal skills, with the ability to effectively collaborate with internal teams and communicate with external stakeholders.
• Strong organizational skills and the ability to manage multiple priorities in a fast-paced environment.