Tax Manager

POSITION DUTIES:

1. Tax Compliance

• Managing and overseeing the filling of regular tax returns timely, including Corporate Income Tax & GST for both TFMC local and TFMC foreign companies
• Review tax audit returns as part of Statutory audit
• Ensure that the business complies with periodic tax payments and other tax authority requirements
• Preparation of quarterly advance tax payments
• Coordinate and manage both direct & indirect tax audits, inquiries and notices from tax authorities
• Assist & managed local transfer pricing documentations
• Foster a culture of tax compliance and awareness throughout the organization, providing training and support as needed
• Stay updated with changes in tax laws and regulations in India for both direct & indirect taxes and proactively identify potential risks or opportunities for the organization
• Conduct a thorough analysis of taxes to provide expert advice on tax planning and optimization opportunities to ensure compliance with local regulations
• Maintain good working relationship cross departments and collaborate effectively/efficiently with other departments such as finance, legal, operations, stakeholders to ensure alignment and coordination on tax matters
• Act as key point of contact and support for all PAN Indian tax matters
• Hands on experience on SEZ & MOOWR compliances and process

1. Tax Accounting and Reporting

• Participate in tax provisioning process (local GAAP to tax as well as local GAAP to IFRS and US GAAP)
• Review and coordinate reporting under ASC 740 (US GAAP accounting for income taxes)
• Coordinate group tax reporting for US SOX purposes
• Review and control data input in the group tax reporting tool (CorpTax)
• Review/ Prepare TBBS

1. Tender Support/Project Execution/Tax Planning

• Assist regional tax senior manager to provide tender and bid support to Subsea and Surface operations, including contract review and advice on tax efficient contract structuring
• Advise business units on relevant project tax costs and risks (e.g., direct taxes, indirect taxes, etc.) for project planning and financial evaluation
• Following the successful award of tenders to the company, provide ongoing tax support to operations teams during project execution phase
• Lead in the analysis and resolution of all complex tax issues impacting TFMCs business in India
• Keep abreast of changes and amendments to tax laws (Direct & Indirect), conduct tax research and advise TFMC or business unit on how to comply with regulations and maximize tax benefits
• Advise on ad-hoc business transactions and tax treaty reliance to achieve tax efficiencies

• Bachelors degree or higher from an accredited institution; Preferred degree in tax, business, finance, accounting, or economics
• Minimum of 6 years of experience in tax management, preferably in a corporate or public accounting environment
• Core direct tax or international tax knowledge & experience in leading and managing tax team
• Familiarity with ERP environment
• Experience in dealing with tax officials and managing tax matters
• Strong accounting skills, ability to quickly understand the business, sensitivity to US GAAP/SOX environment
• Previous supervision of professionals within a corporate tax department
• Demonstrated exceptional communication, collaboration, process management, and organization skills, and international teamwork

• Charter Accountant (CA), Certified Management Accountant (CMA) (or local country equivalent) or CA/CMA candidate preferred