Senior Manager -Taxation

Company : Petronas Lubricants India Pvt. Ltd.

URL : www.pli-petronas.com

About Company :

PETRONAS Lubricants International (PLI) is the global lubricants manufacturing and marketing arm of PETRONAS, the national oil corporation of Malaysia. Established in 2008, PETRONAS Lubricants International manufactures and markets a full range of high-quality automotive and industrial lubricants products in over 100 markets globally. Headquartered in Kuala Lumpur, PLI has over 30 marketing offices in 28 countries, managed through regional offices.

About the Role

The position is accountable for managing overall tax compliances including GST and transfer pricing and banking & treasury matters. The position plays a key role in establishment, evaluation and monitoring of adequate tax controls, tax reporting & processes that support, strengthen tax compliances and evaluate banking products to optimize working capital & interest cost.

Responsibilities

1) Direct and Indirect Tax Compliances

• Manage tax compliance, GST reporting and filings with tax authorities.
• Ensure timely Compliances of GST, Withholding tax returns and Corporate tax returns.
• Ensure timely compliances of Tax audit, Transfer pricing audit and GST annual return/audit.
• Preparation of Transfer pricing documentation and manage tax assessment of Group companies in India.

2) Tax Assessment/ Litigation

• Liaise with tax authorities and complete income tax assessments, transfer pricing assessment and VAT/CST assessment.
• Ensure timely submissions and reply to notices from tax authorities.
• Liaise with tax consultants for tax litigation matters
• Managing litigation and ensure minimum litigation by timely dispute resolution, up to date completion of assessment /appeals, refunds and submissions

3) Tax planning and Risk Management

• Identification of tax planning opportunities/issues resolution and savings
• Ensure and implement appropriate system or processes for tax risk management.
• Build a risk free, compliant and responsive organization from long term perspective from tax perspective.

4) Tax Advisory

• Transaction advisory and structuring for most optimal solution including day to day transactions to optimise tax outflow maintaining high standard of compliance.
• Act as the key point of contact and support for local and regional taxation matters.

5) Banking and treasury

• Evaluating and advising management on proposals from Banks on new Financing Facility.
• Establishes and maintains effective working relationships with the banks
• Stays abreast of banking regulations of RBI
• Compliance of Foreign Exchange Management (FEMA) regulations

Qualifications

• Qualified CA