Accounts and Taxation Executive

Anika Industries; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Anika Industries, Mumbai, seeks a tax professional to manage compliance across income tax, GST and other obligations, coordinating with external auditors and tax advisors to address inquiries and audits.

The role focuses on planning to minimize liabilities within the law, providing information for business decisions, and identifying opportunities for tax savings while ensuring regulatory compliance. You will work closely with finance, legal, and operations teams.

Responsibilities

• Tax Compliance: Prepare timely and accurate information for tax returns (income tax, GST, and other taxes).
• Tax Planning: Understand strategies to minimize tax liabilities while staying compliant.
• Risk Management: Implement internal controls to mitigate tax-related risks.
• Tax Research and Analysis: Research new legislation, rulings, and regulations and assess impact on the organization.
• Cross-Functional Collaboration: Collaborate with finance, legal, and operations to align tax requirements.

Job description

Key Accountabilities/ Responsibilities

Tax Compliance

• Preparing timely and accurate information required for tax returns, including income tax, GST, and other relevant taxes.
• Stay updated on changes in tax laws and regulations and ensure the organization's compliance with all applicable tax requirements.
• Coordinate with external auditors and tax advisors to address any tax-related inquiries or audits.
• Support in tax assessments of all group companies, must be aware about the Tax Assessment frameworks (Appeal, CIT Appeal, ITAT Appeals etc.)

Tax Planning

• Understand the tax strategies and work to minimize the organization's tax liabilities while maintaining compliance with relevant laws and regulations.
• Support in providing sufficient information to analyze the potential tax implications of business decisions.
• Ability to identify opportunities for tax savings and efficiency improvements will be an added advantage.

Risk Management

• Act as important team member to Implement internal controls and procedures to ensure compliance with tax laws and regulations and mitigate potential tax-related risks.

Tax Research and Analysis

• Conduct research on complex tax issues, including new legislation, rulings, and regulations, to assess their impact on the organization.

Cross-Functional Collaboration

• Collaborate with internal stakeholders, including finance, legal, and operations teams, to ensure alignment of tax requirements.