Direct Tax (CA)

ESP Engineered; Maharashtra; On-site; INR 1,000,000 - 1,500,000; Full time

Benefits offered by this job

Opportunity to work on strategic transactions

High visibility in corporate environment

Collaborative work culture

Job summary

ESP Engineered in Maharashtra is seeking a Tax Manager with expertise in the Income Tax Act, 1961. The candidate will manage all aspects of direct tax including compliance, tax planning, and litigation management. A Chartered Accountant with 5–6 years of experience, preferably from a Big4 or renewable energy background, is required. This role offers high visibility and the opportunity to work on strategic transactions in a collaborative environment.

Qualifications

• 5–6 years of experience in direct taxation, preferably in Big4.
• Prior exposure to renewable energy, infrastructure, or power sector is preferred.
• Experience with M&A transactions and valuation assignments is a plus.

Responsibilities

• Manage end-to-end compliance under the Income Tax Act, including return filings.
• Provide ongoing tax advisory to business teams.
• Support tax provisioning in accordance with financial reporting requirements.

Skills

Income Tax Act, 1961

Tax planning

Litigation management

Financial modeling

Stakeholder management

Education

Chartered Accountant (CA)

Additional qualification in valuation/finance

Tools

Excel

Tax/ERP systems

Job description

We are a leading listed renewable energy company with a diversified portfolio across solar, wind, hybrid, and emerging clean energy solutions. The organization is focused on sustainable growth, strategic acquisitions, and value creation for stakeholders.

Role Overview

We are seeking a Tax Manager with strong expertise under the Income Tax Act, 1961, who will be responsible for end-to-end direct tax management including tax planning, litigation, compliance, M&A structuring, and valuation support. The role requires close coordination with finance, legal, business development, and external advisors.

Key Responsibilities

Direct Tax Compliance & Advisory

• Manage end-to-end compliance under the Income Tax Act, 1961 including computation of taxable income, tax provisions, advance tax, and return filings.
• Handle tax audit coordination, notices, assessments, rectifications, and appellate proceedings.
• Provide ongoing tax advisory to business teams on transactions, contracts, and operational matters.
• Ensure compliance with withholding tax (TDS/TCS) provisions including reconciliation and reporting.

Tax Accounting & Reporting (Listed Entity Environment)

• Support quarterly and annual tax provisioning (current & deferred tax) in accordance with Ind AS / financial reporting requirements.
• Work closely with statutory auditors and internal stakeholders for tax disclosures.
• Monitor changes in tax laws and evaluate impact on the organization.

Mergers & Acquisitions / Business Restructuring

• Evaluate tax implications of M&A transactions, slump sales, share acquisitions, business transfers, and group restructuring.
• Assist in tax due diligence, transaction structuring, and post-merger integration from a tax standpoint.
• Coordinate with investment bankers, legal advisors, and consultants on deal execution.

Valuation & Strategic Projects

• Support valuation exercises including fairness opinions, impairment analysis inputs, and tax-efficient structuring of investments/divestments.
• Assist in reviewing the financial models and tax sensitivity analysis for strategic transactions.
• Provide tax inputs for fund raising, IPO/FPO, QIP, and strategic partnerships where applicable.

Litigation Management

• Manage tax litigation strategy, drafting submissions, and representing matters before tax authorities along with external counsels.
• Track contingent liabilities and maintain litigation documentation.

Process Improvement & Controls

• Strengthen internal tax controls, documentation standards, and compliance calendars.
• Drive automation initiatives in tax reporting and reconciliation processes.

Desired Candidate Profile

Chartered Accountant (CA) – Mandatory

Additional qualification in valuation / finance (e.g., CFA Level / Registered Valuer) will be an advantage

Experience

5–6 years of relevant experience in direct taxation (preferably Big4)

Prior experience in renewable energy / infrastructure / power sector / listed company preferred

Exposure to M&A transactions and valuation assignments is additional advantage

Technical Skills

Strong knowledge of Income Tax Act, 1961, judicial precedents, and tax structuring concepts

Working knowledge of financial modelling and valuation methodologies

Proficiency in Excel and tax / ERP systems

Analytical mindset with strong problem-solving capability

Ability to manage multiple projects and deadlines

Strong stakeholder management and communication skills

High ownership and attention to detail

What We Offer

• Opportunity to work on strategic transactions and large-scale renewable projects
• High visibility role in a listed corporate environment
• Collaborative and growth-oriented work culture