Associate Manager- Direct Tax

Lubrizol Corporation

Mumbai

On-site

INR 1,500,000 - 2,100,000

Full time

12 days ago

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Job summary

Lubrizol Corporation in Mumbai seeks a CA-qualified tax professional to manage direct tax compliance for all Indian entities, including filing income tax returns, tax audits, transfer pricing returns, and related assessments.

The role requires coordinating with overseas Lubrizol group companies, advising on regulatory changes in direct and international taxation, ensuring withholding tax compliance in SAP, and guiding Accounts Payable on tax implications.

Qualifications

CA qualified with 3-6 years of relevant experience.
CA Intermediate or MBA (Finance) with 7-10 years of relevant experience.

Responsibilities

To handle the activities relating to filing of Income tax Returns, Tax audits, transfer pricing returns and tax/transfer pricing assessments of the Company.
To handle tax Returns, tax filing & Transfer pricing & Tax assessment activities of overseas Lubrizol group companies in India.
Prepare and timely submit information for submitting to the direct tax authority against assessment/re-assessment notices.
To review inter -company transfer price and to escalater and co-ordinate to resolve any issues with the global Transfer Pricing manager.
To be able to advice on all the regulatory changes in the Direct tax and international taxation to avoid any tax exposure to the Company.
To be able to pro-actively advise to the Accounts payable group regarding any changes in the withholding taxes regulations to avoid any potential tax exposure. To also setup withholding taxes mechanism in SAP.
To provide US GAAP tax schedules to US corporate tax department and preparation of Provision for taxation for Local statutory accounts.
Independently handle issuance of quarterly withholding tax certificates and quarterly e-filing of withholding tax return. Also handles periodic reconciliation of WHT with customers and 26AS.
Follow up with the tax authorities for orders, filing of order giving effect, rectification orders, refunds, etc.
To perform foreign remittance related tax compliance.
To be able to independently compute the quarterly Advance tax computation.

Skills

CA Qualified

CA Intermediate

MBA (Finance)

Education

CA Qualified

CA Intermediate / MBA (Finance)

Tools

SAP

Job description

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About Lubrizol
The Lubrizol Corporation, a Berkshire Hathaway company, is committed to enabling a sustainable future. Our unmatched science unlocks immense possibilities at the molecular level, driving sustainable and measurable results to help the world Move Cleaner, Create Smarter and Live Better. Our solutions are used by people every day, improving billions of lives around the world.

We value diversity in professional backgrounds and life experiences. By enabling a consistent, unbiased, and transparent recruitment process, Lubrizol seeks to create a positive experience for candidates so we can get to know them at their best. We recognize unique work and life situations and offer flexibility, ensuring our employees feel engaged and fulfilled in every aspect of life.

Summary of the Role:

The position is accountable for timely and accurate direct tax compliance of all the legal Entities of the Lubrizol Group companies in India. Direct tax compliance in India requires filing of tax returns, exhaustive tax audit reports, Transfer pricing compliance (these compliances are required for overseas LZ group companies as well), timely deduction and reporting of withholding taxes and Transfer pricing analysis as well.

Responsibilities / Accountabilities:

To handle the activities relating to filing of Income tax Returns, Tax audits, transfer pricing returns and tax/transfer pricing assessments of the Company.

To handle tax Returns, tax filing & Transfer pricing & Tax assessment activities of overseas Lubrizol group companies in India.

Prepare and timely submit information for submitting to the direct tax authority against assessment/re-assessment notices.

To review inter -company transfer price and to escalater and co-ordinate to resolve any issues with the global Transfer Pricing manager.

To be able to advice on all the regulatory changes in the Direct tax and international taxation to avoid any tax exposure to the Company.

To be able to pro-actively advise to the Accounts payable group regarding any changes in the withholding taxes regulations to avoid any potential tax exposure. To also setup withholding taxes mechanism in SAP.

To provide US GAAP tax schedules to US corporate tax department and preparation of Provision for taxation for Local statutory accounts.

Independently handle issuance of quarterly withholding tax certificates and quarterly e-filing of withholding tax return. Also handles periodic reconciliation of WHT with customers and 26AS.