3 Tax Governance Jobs

Tax Function strives to support the organizations objectives by adding value through tax planning, preserving value by reducing tax risks, and enhancing value by finding opportunities. Prompt management of tax and regulatory compliances, adapting operating model to tax and regulatory environment and assisting in strategic decision making. Regularly assess and improve operations and stay abreast of the relevant global tax & statutory changes with the aim of boosting Tax efficiency and effectiveness. Influencing Stakeholders 1. Advising business to protect profitability on additional cost of doing business in domestic and cross border markets. 2. Ensure the monitoring of the tax governance and alignment on tax positions adopted by the engagement teams, IFS and finance teams. 3. Managing relationship with tax consultants and IFS functions to ensure effective compliance on tax and regulatory positions and policies to minimize possibilities of litigation. 4. Manage relationships with internal and external auditors to ensure effective completion of audit. Financial Metrics: a. Monitor tax governing framework on tax assets realisation to avoid working capital lock in and ensure review of the operations to avoid any tax leakage. b. Tax Compliance Responsible for timely execution of Tax and regulatory compliance with accuracy and quality. Responsible for adequacy of Tax provision, owner of Tax accounts & ensuring tax positions is followed. c. Tax Assessments Ensure effective tax assessments & litigation management by conducting due research on tax matters to ensure effective representation of the tax position adopted with detailed documentation within timelines. d. Ensure timely closure of audit points with complete and accurate submission of the schedules and documents. e. Ensure timeline response to engagement consultation and adequate safeguard in the engagement documents from tax and regulatory perspectives. Ensure the engagement teams and other stakeholders understand the tax impact and consider in the business transactions. f. Ensure the application controls are inbuilt in financials and tertiary applications and regular review of the same to ensure effective controls. Regular review of the exception reporting and undertaking corrective action. g. Ensure effective maintenance of the documentation with respect to compliance and assessments and timely update in the reporting applications. h. Effective contribution to the firm&aposs strategic projects ensuring the finance aspects are duly considered. i. Responsible for the actions to mitigating tax and regulatory risks on firm policies and business model. j. Ensuring accurate tax and regulatory reporting highlighting the exceptions, and staying updated with changes in tax laws, evaluate the impact on operations and business model and ensure the impact is factors in policies and the cost of operations. k. Responsible for maintaining robust internal controls and regular review to prevent errors and fraud and ensure the integrity of tax and regulatory reporting. Ensure the firm operations and policies are updated with the latest tax and regulatory framework. g. Responsible and report the agreed Process KPI, Strengthen the review mechanism. Ensure timely compliance with governance on monthly reporting. h. Adherence to inter departmental deliverables through Interlock documents. i. Responsible for meeting KQI and RCSA KPI and taking corrective actions for continuous improvement. Review the RCSA periodically under Risk Mitigation strategy and enhance the RCSA framework. Tax Efficiency Evolution Initiative: Take lead in implementation of the technological advancement of the function with best-in-class automation practices, to drive efficiency in the overall finance processes impacting tax and regulatory compliances. Demonstrating People Leadership: a. Team Management: Supervising and managing a team, including their performance, productivity, and adherence to SOP b. Performance Monitoring: Maintaining and evaluating individual and team performance metrics. Ensuring there is fair and equitable measurement of performance c. Coaching and Training: Providing constant coaching, monitoring, and training to enhance team members futuristic skill sets, knowledge, and Perform regulatory and technical training for the team d. Quality Assurance: Maintaining quality standards and conducting frequent quality checks to identify areas of improvement and take corrective actions on the feedback. e. Timely recognition of efforts made by individual to enhance the motivation Qualifications CA Show more Show less

The role of Downstream Tax Specialist is to provide support to the Tax Manager - De Beers in delivering tax advisory, compliance, and policy support to downstream businesses globally. Your responsibilities include aligning the tax profile of the Group with its global footprint, implementing and embedding the Tax Strategy and Tax Governance Framework, and managing tax risks effectively. As a Downstream Tax Specialist, you will proactively partner with global De Beers Brands & Diamond Desirability / Downstream business, collaborate with local tax advisors and internal Group Tax network, and develop relationships with key personnel within the business. You will work towards embedding Group Tax as a valued partner, providing professional advice on major transactions, and promoting collaboration with other parts of Group Tax and the Downstream business. Your role also involves engaging with tax authorities, monitoring external developments, supporting tax audits and disputes, and ensuring compliance with tax regulations and policies. You will assist in tax planning, transfer pricing, risk management, tax policy framework maintenance, and keeping abreast of legislative changes and their implications. In addition to tax-related responsibilities, you will demonstrate behavior in line with health, safety, and environmental standards, support team building efforts, and contribute to the broader business goals. You will identify opportunities for cost management, assist in financial management, and optimize work processes to meet strategic objectives. The ideal candidate for this role should be a Chartered Accountant or possess an equivalent accounting or legal degree. You should have expertise in tax planning, compliance, and governance, with strong analytical, planning, and problem-solving skills. Knowledge of international tax principles, tax laws, transfer pricing, and experience in tax disputes and audits is essential. Experience in the luxury retail industry and interaction with executives would be advantageous. To excel in this role, you should possess social process skills such as self-awareness, team processes understanding, collaboration, and application of energy. Effective communication, high degree of commercial acumen, ability to work under pressure, collaborate within a team, and demonstrate strategic thinking are key requirements for this position. Your ability to effectively communicate with diverse stakeholders, remain focused in uncertain circumstances, and drive high standards of delivery will be crucial in meeting the demands of the role.,

As a Taxation Specialist, you will be responsible for ensuring timely execution of direct tax and regulatory compliance with accuracy and quality. You will monitor and manage tax governance, aligning tax positions adopted by engagement teams and finance teams. Keeping abreast of changes in tax laws and evaluating their impact on operations and business models will be crucial. Your role will involve ensuring the adequacy of tax provisions, owning tax accounts, and conducting thorough research on tax matters to represent tax positions effectively with detailed documentation within specified timelines. In addition, you will be tasked with monitoring the tax governing framework on tax assets realization to prevent working capital lock-in and tax leakage. Timely submission of data for tax and regulatory reporting, along with rigorous review and validation checks, will be part of your responsibilities. Maintaining robust internal controls, conducting regular reviews to prevent errors and fraud, and ensuring the integrity of tax and regulatory reporting will be essential. Your role will also involve advising the business on protecting profitability related to additional costs in domestic and cross-border markets. Managing relationships with tax consultants, internal and external auditors, as well as IFS functions to ensure effective compliance on tax and regulatory positions and policies will be key. Furthermore, you will oversee tax audits, coordinate with external auditors, and manage responses to audit inquiries. Your responsibilities will include ensuring timely closure of audit points, submitting schedules and documents accurately, reviewing mock tax assessment schedules, and supporting litigation efforts. Maintaining documentation with respect to compliance and assessments, along with timely updates in reporting applications, will be part of your duties. Moreover, you will lead the implementation of technological advancements in the tax function to drive efficiency in finance processes impacting tax and regulatory compliances. The ideal candidate for this role is a Chartered Accountant with a minimum of 3 years of experience in Direct Taxation. This position offers an internal role within the organization where your expertise in taxation and compliance will play a critical role in ensuring the financial health and regulatory adherence of the company.,