Sr Manager - Direct Taxation

Job Purpose Manage adherence to direct taxation policies for the organization by coordinating timely payment of taxes and filing of tax returns & ensuring compliance to all statutory requirement and tax laws to support business/operating plans and strategy for future growth and clarify companys perspective on tax litigations Responsible for implementing high class, competitive, cost efficient and statutory compliant solutions in Direct Tax functions of the organization Key Accountabilities Strategic Activities Design and develop direct taxation strategies and policies for the firm ensuring adherence to both internal and external compliance Build direct taxation capabilities within the organization through focused developmental initiatives and supporting automation initiatives for processes efficiency in order to achieve high productivity Support in conducting strategy discussion with industry players, keeping the Head - Taxation and audit committee apprised of the tax litigations Domestic Taxation Lead teams for Implementation of tax policies, procedures in line with standard principles with current and future regulatory and strategic requirements Develop alternate assessments of taxation based on emerging and innovative practice in tax assessment and interpretation, leveraging amendments and changes to the taxation policy Support in defining new benchmarks in taxation practice based on emerging regulations and liaising with regulatory authorities to redefine tax liability in favor of the business Support in analysis and interpretation of tax provisions/regulations and laws in orderly manner to maximize options available to the business for tax planning Manage timely filing and follow ups on lower TDS rate on billings to reduce the cash blockage in tax refunds Conduct reconciliation of the book entries made and track their accuracy to ensure filing of quarterly and annual tax returns Identify areas of tax risks and work towards pro-active solutions to the same such as advance rulings, clarifications etc. to minimize impact on the organization Continuously build knowledge repository for tax laws, and other tax litigations, to meet the key knowledge required Ensure compliances of various tax payments, filing of returns from TDS, Corporate tax perspective within the statutory timelines without any exceptions. Validation of business agreements from tax perspective and ensure that there are no tax leakages. Manage assessments by proactively keeping the info/docs ready and ensure that the assessments are handled effectively Effective management of litigations by regular monitoring of the evolving judicial pronouncements and taking necessary steps to close the litigations. Monitoring ETR, Deferred tax implications Ensuring that statutory/internal/tax audits are handled effectively by providing timely information/schedules to the auditors. International Taxation Manage and monitor the maintenance of records for Taxation related to international operations to ensure foreign tax is reported accurately and timely Assist in overseeing the tax compliance process at various international locations to ensure timely and accurate filing of the tax returns Review of lease agreements, business agreements with Non-residents from tax perspective, maintenance of tax documents to ensure treaty compliances and ensure that there are no tax leakages Timely providing of tax opinions in compliance with domestic/Treaty provisions. Team Management Set the functional goals and objectives and ensure the cascading of the same to the reporting departments and guide their achievement Provide direction and advice to the direct reports in performing their delegated responsibilities