Assistant Taxation Manager

Sarthee Consultancy; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Sarthee Consultancy in Mumbai seeks an experienced finance professional to lead quarterly and annual closings, establish accounting policies, and ensure accurate financial reporting. You will handle product costing, inventory valuation, and timely submission of financial statements under CFD guidelines.

You will also manage statutory, internal, and tax audits, GST compliance, tax provisions, and intercompany transactions, coordinating with Legal and CFD teams to meet regulatory requirements.

Qualifications

• Experience in closing books quarterly and annually.
• Strong knowledge of IND AS 2 and CFD guidelines.
• Exposure to statutory, internal, and tax audits including GST.

Responsibilities

• Prepare and finalize quarterly and annual closing of Books of Accounts.
• Establish and enforce accounting methods, policies and quality control over financial reporting.
• Correct Product Costing and Valuation of Inventory as per IND AS 2.
• Review of non-moving, slow-moving and obsolete inventory for disposal.
• Submit monthly, quarterly and annual financial statements per CFD guidelines.
• Ensure timely closing of books and submission of financial statements; report to management via CFD MIS (QlikView).
• Finalize financial statements quarterly/yearly through Hyperion per IND AS and CFD guidelines.
• Finalize stock statements and interunit sales/purchases in Hyperion monthly.
• Coordinate statutory and other audits (Yearly Statutory, Internal, Cost, Tax).
• Prepare and submit depreciation schedules and tax details as per Income Tax Act; GST audit/compliance.
• Comply with local, state and government reporting and tax filings; ensure timely tax deposits.

Skills

Financial reporting

IND AS compliance

Hyperion system

QlikView

Inventory valuation

Costing

Taxation

Audit management

CFD guidelines

Regulatory reporting

Tools

Hyperion

QlikView

Job description

Prepare and Finalization of Quarterly & Annual closing of Books of Accounts

Establishing and enforcing proper accounting methods, policies and principles, quality control over financial transactions and financial reporting

Correct Product Costing and Valuation of Inventory as per IND AS 2

Review of Non-moving, slow moving and obsolete Inventory to ensure its timey and adequate disposal

Submission of Monthly, Quarterly and Annual Financial Statements Accounts.

To ensure timely closing books of accounts and submission of monthly / quarterly / yearly Financial Statement as per CFD guidelines, Chairman MIS (Qlik View) reports to management

Finalization of Financial Statements on Quarterly / Yearly basis through Hyperion system per IND AS and CFD guidelines.

Finalization of Stock Statement and Interunit Sale Purchase of Finished Goods in Hyperion monthly

Statutory and other Audits

Yearly Statutory Audit,

Internal Audits

Cost Audit

Tax Audit details along with Depreciation schedule as per Income Tax Act,

GST Audit and related compliances

Compliances

Manage and comply with local, state and Government reporting requirements and Tax fillings

To ensure adherence of Compliances related to Taxation

Maintain units Risk register and conducting quarterly Risk committee meetings

Updation & submission of Contingent liability statement in coordination with Legal Team

Direct Taxation

Preparation & submission of advance tax details

Tax Provision

Handling Direct Tax cases with Income Tax Department in coordination with CFD

Indirect Taxation

Ensure Timely Deposit of Taxes

Ensure correct filing of GSTR1 & GSTR 3B and Annual Returns GSTR 9 & 9 C

Review ITC Utilized and Availed so that Credit can be taken on monthly basis

Ensure Submission of Export Data Processing and Monitoring System (EDPMS)