Sr Analyst - Direct Taxation

POSITION SUMMARY

We are seeking a highly motivated and detail-oriented Senior Analyst to join our Direct Tax Function team. The ideal candidate will bring a strong background in direct taxation, compliance, and cross-border tax matters.This role demands both operational excellence and the ability to manage external stakeholders like Big 4 advisory firms.

WHAT YOU'LL DO

Direct Tax Operations & Compliance:

• Compute monthly withholding tax liabilities on vendor payments and ensure timely processing of tax payments in compliance with statutory timelines.
• Execute quarterly TDS compliance, including preparation and filing of returns on the tax portals, as well as general ledger reconciliations. Timely issuance of Form 16 and filing of correction statement.
• Provide guidance to the Accounts Payable team on the correct applicability of tax sections and appropriate tax rates, ensuring accurate tax deduction at source.
• Reconcile client TDS credit receivables reflected in Form 26AS with the books of accounts. Coordinate with internal stakeholders and clients to resolve discrepancies efficiently.
• Manage the application process for lower withholding tax certificates, including preparation of necessary schedules and collation of supporting documentation.
• Prepare necessary audit/tax schedules and collate supporting documentations required to complete various audits such as Tax Audit, Statutory Audit, Transfer Pricing Audit Collaborate with auditors to address queries and ensure timely audit closure. Closely work with tax advisors for timely completion of Audit and filing of audit forms on the tax portals.
• Collaborate with tax advisors for the preparation and filing of Income Tax Returns, ensuring optimal claim of domestic tax credit and foreign withholding tax credit in compliance with applicable regulations.
• Support income tax assessment proceedings, and tax appeals including collating required data sets, reviewing draft submissions and handling online filings as per procedural requirements.
• Maintain and regularly update tax-related records, databases and compliance calendar, including tax notices, responses to authorities, and engagement letters.
• Ensure accurate and compliant record keeping to support audits, assessment proceedings, statutory requirements, and internal controls.
• Liaise with Big 4 firms and other tax advisors to support routine tax operations, regulatory filings, and advisory matters.
• Collaborate with internal stakeholders across finance function to ensure timely data sharing and alignment on tax compliance and reporting activities.
• Coordinate with local tax advisors in international jurisdictions such as Sri Lanka, Bangladesh, and Liberia for tax payments, return filings, and other country-specific compliance requirements.
• Coordinate with the internal SAP team for required enhancements in tax reporting modules and resolve technical issues to ensure seamless and accurate generation of tax reports from the SAP system.

WHAT YOU'LL BRING

• Chartered Accountant (CA) or Graduate in Commerce or related field.
• Minimum 3-5 years (in case of CA) and 5-7 years (in case of B.com/M.com Graduate) of specific work experience of Direct Taxation, preferably with exposure to cross-border tax matters.
• Hands-on experience in working with ERP systems (SAP 4HANA) and tax computation tools.

KEY SKILLS

• Strong knowledge of Indian direct tax regulations and international tax principles.
• Thorough understanding of Income tax portals including TRACES
• Excellent analytical, reconciliation, and problem-solving skills.
• Effective stakeholder management and communication abilities.
• High level of integrity, attention to detail, and confidentiality.
• Proficiency in Microsoft Excel and tax software platforms.