Deputy Manager - Financial Reporting & Taxation 3-5 years

SBI Payment Services Pvt. Ltd.; Mumbai; On-site; INR 800,000 - 1,200,000; Full time

Job summary

A leading payment services provider in Mumbai seeks a Deputy Manager specializing in Financial Reporting and Taxation. This professional will manage Direct and Indirect Tax compliance, oversee timely filings, and ensure adherence to statutory requirements. Key responsibilities include liaising with auditors, preparing tax returns, and handling GST compliance. Ideal candidates will possess strong knowledge in relevant tax laws and have proficiency with ERP systems and Excel.

Qualifications

• Strong knowledge of Direct Tax (Income Tax, TDS, Advance Tax).
• Expertise in GST compliance & reconciliation.
• Experience in handling tax audits, returns, and assessments.

Responsibilities

• Manage Direct & Indirect Tax compliance.
• Liaise with tax auditors and consultants.
• Prepare and file tax returns and GST returns.

Skills

Direct Tax Compliance

GST Compliance

Tax Audits

Financial Statements Knowledge

ERP Systems

Excel Proficiency

Job description

Deputy Manager - Financial Reporting & Taxation

The role will be responsible for managing Direct & Indirect Tax compliance, litigation support ensuring adherence to statutory requirements and timely filings.

Strong knowledge of:

• Direct Tax (Income Tax, TDS, Advance Tax)
• GST compliance & reconciliation
• Experience in handling tax audits, returns, and assessments.
• Working knowledge of financial statements & accounting standards

Familiarity with tax portals, ERP systems, and Excel-based reconciliations.

Key Responsibilities

Roles and Responsibilities:

• Direct Tax:

1. Tax Audit/Income Tax Returns:

a) Liaising with Tax auditor for the timely completion of Income Tax Audit in form 3CA/3CD.

b) Preparation and filing of form 3CA/3CD in consultation with Tax Consultant and tax auditor.

c) Preparation and filing of income tax return.

d) Follow up for refund with Income tax department / CPC.

2. TDS:

a) Preparing a reconciliation of 26AS (TDS receivable statement) with books of accounts.

b) Verification and filing of TDS returns.

3. Advance Tax Working:

a) Preparing an estimate of Advance tax to be deposited with the government.

b) Depositing the tax with the government within the due date.

4. Income Tax Litigation:

a) Preparation of Documents for Income tax assessments.

b) Filing of replies for departmental enquiries / assessments

c) Liaising with the consultant.

d) Assistance in attending the Income Tax departments and follow up for all the income tax related matters.

5. Taking opinion of Income tax consultant as and when required for all the above matters & such other matters as needed.

• Indirect Tax

1. GST returns:

e) Filing of GST returns such as monthly GSTR3B, working on 2B report available on GST portal and comparing the same with the entries maintained in books by finance team.

f) Filing of Annual GST return (GSTR9C).

g) Preparation of various working, scrutinizing the data and reconciliation of Purchase register along with portal data for filing of annual returns.

h) Liaising with GST consultant for filing and taking opinion on various matters.

2. Indirect Tax Assessment:

a) Handling of GST Audit for previous financial years

b) Handling of GST notice as below:

GST ASMT-10

c) Preparation of all the data files as requested by the GST officer in the format specified by the officer, along with drafting of letter to reply to the notice.

i) Getting the data verified by Reporting and Line managers along with the opinion of consultant to share the same with GST officer.

ii) Visiting the GST department for liaising with the officer and submissions of data as required.

DRC 01C

iii) Preparation of all the data files as requested by the GST officer in the format specified by the officer, along with drafting of letter to reply to the notice.

iv) Explaining the data/Reconciliation to GST officer if required, by visiting the department.

• Tax Engine

a) Support for Preparation of Customer Masters for daily tax engine reports & serving as a helping hand for monthly closing activity.

b) Supporting the team for working on monthly reversals & uploading the same to TCS.

c) Development of Tax Engine File.

a) Support the finance team for preparation of financial data (Balance sheet, Profit & loss) monthly, quarterly, semiannually and annually.

b) Calculation of Deferred Tax Asset (DTA/DTL) working.

Skills and Qualifications

Similar Business Knowledge. Experience in Payments will be preferred.