20 Dec 2024
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Manager - Direct Taxation, 5 to 8 years in Mumbai
Essar
Mumbai
6-8 Years
Direct Tax, Litigation, Chartered Accountant, Direct and Indirect Tax, Tax Litigation, accounting & taxation, income tax assessment
Job Description
Position: Manager - Direct Taxation
Qualification: CA,B.com
Experience: 5 to 8 years
Location: Mumbai
Job description
Qualification: CA,B.com
Experience: 5 to 8 years
Location: Mumbai
Job description
1. JOB PURPOSETo assist the tax team in the direct tax compliances viz. tax provisioning, preparation of tax computation and filing of return of income, transfer pricing audit. Assisting as well as handling assessment proceedings and appellate proceedings.
2. ACCOUNTABILITIES & RESPONSIBILITIES
1. To assist to Handle and oversee the litigation cases related to direct taxation :-
2. ACCOUNTABILITIES & RESPONSIBILITIES
1. To assist to Handle and oversee the litigation cases related to direct taxation :-
- Handling Income Tax assessments and appeals (includes filing the returns, following up for refunds and scrutiny assessment)
- Filing of appeals/ discrepancies
- Revision of assessment as per the appellate order
- Monitor taxation litigations and cases by representing and clarifying all the issues
- Work with the lawyer to bring up-to-date with the happenings and discuss the approach to handle the matter
- Notify internal business clients of settlement opportunities and potential business implications and obtains settlement authority pursuant to established protocols.
- Solving all queries on taxation related to Litigation (e.g. double taxation)
- Establish appropriate litigation budget for each case and review outside counsel bills
- Attend court required mediations and settlement conferences
- Ensuring up to date knowledge of all the laws with respect to direct taxation
3. KEY CHALLENGESKeep oneself updated about various laws and their amendments
4. KEY DECISIONS:
A. Made by Jobholder:
1. Understanding the tax implications and conveying the same to the seniors
B. Recommendations to superior:
1. Implications of the new amendments in laws to the seniors
5. INTERACTIONS:
A. Internal Interactions
1. Finance & Account Dept
2. Project companies on case to case basis
B. External Interactions
1. Income Tax dept.
6. DIMENSIONS:
A. Financial Dimension:Classify and analyse financial transaction
B. Other Dimension:Deeper insight into data and financial reporting
7. SKILLS & KNOWLEDGE
A. Educational Qualifications & Certifications
1. Chartered accountant
2. Commerce graduate
B. Relevant (Functional/Level) & Total Years of Experience Up to 5-6 years of relevant tax experience.
C. Functional Skills
1. Analytical Skills
2. Skills of constantly gathering information with regards statuary compliance
3. Perseverance & ConsistenceD.
Behavioural Skills
1. Result oriented approach
2. Business oriented mindset
3. People Management Skills - ability to work with different teams and draw upon theirresources and lead them to a common goal
4. Analytical and Conceptual Thinking
5. Strong Articulation Skills
4. KEY DECISIONS:
A. Made by Jobholder:
1. Understanding the tax implications and conveying the same to the seniors
B. Recommendations to superior:
1. Implications of the new amendments in laws to the seniors
5. INTERACTIONS:
A. Internal Interactions
1. Finance & Account Dept
2. Project companies on case to case basis
B. External Interactions
1. Income Tax dept.
6. DIMENSIONS:
A. Financial Dimension:Classify and analyse financial transaction
B. Other Dimension:Deeper insight into data and financial reporting
7. SKILLS & KNOWLEDGE
A. Educational Qualifications & Certifications
1. Chartered accountant
2. Commerce graduate
B. Relevant (Functional/Level) & Total Years of Experience Up to 5-6 years of relevant tax experience.
C. Functional Skills
1. Analytical Skills
2. Skills of constantly gathering information with regards statuary compliance
3. Perseverance & ConsistenceD.
Behavioural Skills
1. Result oriented approach
2. Business oriented mindset
3. People Management Skills - ability to work with different teams and draw upon theirresources and lead them to a common goal
4. Analytical and Conceptual Thinking
5. Strong Articulation Skills