Assistant Manager Finance

Kaabil; Mumbai; On-site; INR 700,000 - 1,000,000; Full time

Job summary

A financial services company in Mumbai is seeking an Assistant Manager for Taxation to manage the company's taxation framework, ensuring compliance with Direct and Indirect Tax laws. The ideal candidate should possess a Bachelor's degree in accounting and be a Qualified Chartered Accountant with 2-4 years of relevant experience. Expertise in GST compliance and related financial systems is essential. Effective communication skills and precision in tax-related tasks are also required.

Qualifications

• 2–4 years of post-qualification experience in a taxation role, preferable in NBFC/BFSI sector.
• Thorough understanding of the Income Tax Act, 1961, and GST laws.
• Proficiency in using ERP systems for financial accounting.

Responsibilities

• Manage taxation framework for compliance with Direct and Indirect Tax.
• Lead monthly GST compliance cycle, ensuring timely filing of returns.
• Prepare and file Annual GST Returns and Reconciliation Statements.

Skills

Knowledge of Direct Tax (Income Tax)

Knowledge of Indirect Tax (GST)

Advanced Excel skills

Experience with Tally Prime or similar ERP systems

Communication skills

Education

Bachelor’s degree in accounting

Qualified Chartered Accountant

Job description

Role Overview

The Assistant Manager is responsible for the end-to-end execution of Taxation and Statutory Compliance functions within Company’s operations.

Key Responsibilities

• Manage the entire taxation framework for Vastu Housing Finance, covering both Direct Tax (Income Tax) and Indirect Tax (GST).
• Lead the monthly GST compliance cycle, including the timely filing of GSTR-1 and GSTR-3B returns.
• Execute detailed monthly reconciliations of GSTR-2A/2B with internal purchase records to ensure accurate Input Tax Credit (ITC) claims.
• Responsible for the preparation, verification, and filing of Annual GST Returns (GSTR-9) and Reconciliation Statements (GSTR-9C).
• Oversee end-to-end TDS compliance, including accurate deduction, deposit, and quarterly filing of returns (Form 24Q, 26Q) and issuance of Form 16/16A.
• Compute and manage corporate tax requirements, including Advance Tax payments and Deferred Tax calculations.
• Coordinate with statutory auditors for the seamless completion of Tax Audits (Form 3CD) and ensure timely filing of Corporate Income Tax Returns (ITR).
• To coordinate with internal and statutory auditors of the Company.
• Represent the company before Tax Authorities for various assessments, appeals, and legal scrutiny cases.
• Ensure 100curacy in all tax-related accounting entries and statutory financial reporting.
• Provide expert internal advisory on tax-efficient strategies for the company.

Required Skills and Qualifications

• Bachelor’s degree in accounting and a Qualified Chartered Accountant.
• In-depth knowledge and practical experience in both Direct and Indirect Taxation.
• Relevant Experience: 2–4 years of post-qualification experience in a taxation role. Experience in NBFC/BFSI sector will be an added advantage.
• Statutory Knowledge: Thorough understanding of the Income Tax Act, 1961, and GST laws/amendments.
• Financial Systems: Proficiency in using Tally Prime or similar ERP systems for financial accounting.
• Advanced Excel: Expert-level skills in Pivot Tables and VLOOKUP for handling and reconciling large financial datasets.
• Precision: A high degree of accuracy in tax computations, documentation, and statutory filings.
• Communication: Ability to clearly explain complex tax implications to internal stakeholders and management.