Assistant Manager - Taxation

Century Real Estate; Bengaluru; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

Century Real Estate is seeking a Qualified CA with extensive taxation experience to manage direct and indirect tax compliance, planning, assessments, and reporting for a real estate group. The role requires coordinating with auditors and tax consultants and guiding internal stakeholders on tax matters.

The candidate will oversee GST and TDS processes, tax audits, and the preparation of tax provisions, ensuring compliance with current laws and regulatory changes.

Qualifications

• Education: Qualified CA with relevant taxation experience.
• Experience: 7+ years of relevant taxation experience, preferably in real estate, construction, or infrastructure.
• Strong knowledge of GST, TDS, income tax, and statutory regulations.
• Experience handling tax assessments, audits, reconciliations, and filings.
• Proficiency in MS Excel and ERP systems such as SAP, Oracle, or similar platforms.

Responsibilities

• Direct tax compliance including advance tax calculations, payments, and IT returns.
• GST compliance, including GSTR-1, GSTR-3B, and other returns; ITC reconciliation.
• Real estate tax compliance for contracts, land, JDAs, and revenue recognition.
• Coordinate with auditors and tax consultants for audits and notices.
• Prepare tax reports and advisory materials for management.

Skills

Taxation expertise

Regulatory knowledge

Analytical skills

Communication skills

Stakeholder management

Attention to detail

Education

Qualified CA

Tools

SAP

Oracle

Job description

Job Summary

We are looking for Qualified CA and experienced Assistant Manager Taxation to manage direct and indirect tax compliance, tax planning, assessments, and reporting for a real estate organization. The role involves ensuring statutory compliance, minimizing tax risks, coordinating with auditors and tax consultants, and providing tax-related guidance to internal stakeholders in accordance with applicable laws and regulations.

Key Responsibilities

1. Direct Taxation

• Manage direct tax compliance, including advance tax calculations, tax payments, and filing of income tax returns.
• Handle TDS compliance, including deduction, deposit, return filing, reconciliations, and issuance of TDS certificates.
• Support tax planning and ensure compliance with applicable provisions of the Income Tax Act.
• Assist in preparing tax computations, provisions, and deferred tax calculations.
• Coordinate responses to income tax notices, assessments, and departmental queries.

2. Indirect Taxation GST

• Manage GST compliance, including preparation and filing of GSTR-1, GSTR-3B, and other applicable returns.
• Ensure accurate GST treatment for project-related expenses, vendor invoices, works contracts, and real estate transactions.
• Reconcile GSTR-2B with purchase registers and books of accounts to ensure eligible input tax credit (ITC).
• Monitor GST on construction contracts, subcontracting, development agreements, and other real estate transactions.
• Support GST audits, assessments, refund claims, and departmental proceedings.
• Ensure timely compliance with applicable GST regulations and amendments.

3. Real Estate Tax Compliance

• Review the tax implications of property sales, land acquisitions, joint development agreements (JDAs), and development management agreements.
• Ensure appropriate tax treatment for construction costs, project expenses, capital expenditure, and revenue recognition.
• Support tax compliance related to contractors, consultants, vendors, and project-related payments.
• Coordinate with project finance, accounts, legal, and procurement teams on tax-related matters.
• Assist in evaluating the tax implications of new projects, contracts, and business transactions.

4. Tax Audit & Assessment

• Coordinate with internal and external auditors for tax audits and statutory compliance.
• Prepare supporting schedules, reconciliations, and documentation required for audits.
• Assist in handling income tax and GST assessments, notices, and litigation matters.
• Track tax demands, refunds, pending assessments, and compliance deadlines.
• Maintain proper records of tax filings, challans, reconciliations, and supporting documents.

5. Reporting & Advisory

• Prepare periodic tax reports, reconciliations, and compliance trackers for management review.
• Identify opportunities to improve tax efficiency and minimize exposure to penalties and interest.
• Monitor changes in tax laws and communicate relevant updates to internal stakeholders.
• Support the finance team in budgeting, forecasting, and tax provision planning.
• Develop and maintain standard operating procedures for taxation processes.

Eligibility Criteria

• Education: Qualified CA with relevant taxation experience.
• Experience: 47 years of relevant experience in taxation, preferably within the real estate, construction, or infrastructure industry.
• Strong knowledge of GST, TDS, income tax, and applicable statutory regulations.
• Experience in handling tax assessments, audits, reconciliations, and statutory filings.
• Proficiency in MS Excel and accounting/ERP systems such as SAP, Oracle, or similar platforms.
• Strong analytical, communication, documentation, and stakeholder management skills.

Key Competencies

• Tax compliance and regulatory knowledge
• Analytical and problem-solving skills
• Attention to detail and accuracy
• Time management and adherence to statutory deadlines
• Coordination with internal teams, auditors, and consultants
• Ability to manage multiple projects and compliance requirements simultaneously