Direct Tax Specialist

Standard Chartered India; Chennai District; Hybrid; INR 900,000 - 1,300,000; Full time

Benefits offered by this job

Competitive salary and benefits

Flexible working options (home/office)

Wellbeing platform Unmind and EAP

Learning and reskilling opportunities

Inclusive and diverse culture

Job summary

Standard Chartered India is seeking a Tax Specialist to prepare corporate tax returns and related computations for multiple jurisdictions from Chennai district. You will support IFRS reporting, ETR calculations, and quarterly tax entries while ensuring audits and compliance are executed with high quality and timeliness.

The role requires strong Excel and accounting skills, with 2+ years in tax environments and good knowledge of Indian tax laws.

Qualifications

• University degree in Finance or Accounting is mandatory.
• CA/CWA/MBA Finance is desirable.
• Minimum 2 years’ experience in tax and accounting environments.
• Good understanding of Indian income-tax laws and general tax principles.

Responsibilities

• Prepare corporate income tax returns for multiple jurisdictions.
• Prepare tax computations, Longview schedule updates, reconciliations, and tax journals for IFRS reporting quarterly.
• Compute Effective Tax Rate (ETR).
• Provide tax reporting and forecasting support to Tax teams.
• Prepare current tax and deferred tax calculations for periodic entries.
• Prepare tax audit and compliance reports.
• Assist in document compilation for audit purposes including tax assessments and appeals.
• Support Tax Risk Reporting process.
• Identify and drive process efficiencies to improve accuracy and speed.

Skills

Excel Knowledge

Accounting skill

Communication skill

Stake holder management

Tax Knowledge

Education

University degree in Finance or Accounting

CA/CWA/MBA Finance desirable

Job description

Job Summary

• Preparation of corporate income tax returns for various jurisdictions not limiting to one.
• Prepare Tax computations, Longview schedule updation, reconciliations, tax journals for IFRS Reporting purposes on a quarterly basis.
• Computing Effective Tax Rate (ETR) calculations.
• Provide tax reporting and forecasting operational support to the Tax teams
• Preparation of current tax and deferred tax calculations to assist countries post accurate tax entries on a periodic basis.
• Preparation of tax audit & compliance reports
• Assisting in document compilation for audit purposes including tax assessments and appeals
• Support Tax Risk Reporting process
• Ability to manage and deliver high quality products meeting stringent timelines
• Create and drive the team to create process efficiencies and add value in the process (i.e., improvise existing processes / standardise excel workings, etc.)

Key Responsibilities

Risk Management

• Should be able to identify / spot risky situations and flag off to stakeholders for action

Regulatory & Business Conduct

• Display exemplary conduct and live by the Group’s Values and Code of Conduct.
• Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
• Effectively and collaboratively identify, elevate, mitigate and resolve risk, conduct and compliance matters.

Key stakeholders

• Work responsibly towards Tax CoE Team and respective Country stakeholders

Skills And Experience

• Excel Knowledge
• Accounting skill
• Communication skill
• Stake holder management
• Tax Knowledge

Qualifications

• University degree preferable in Finance or Accounting (Mandatory)
• Professional qualification such as CA, CWA or MBA Finance (Desirable)
• Minimum 2 years’ experience in tax and accounting environments
• Good understanding of general tax principles and accounting treatment for taxes (current & deferred tax)
• Good understanding or knowledge of Indian or other country income-tax laws

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us. Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.

Together We

• Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
• Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What We Offer

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
• Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
• Flexible working options based around home and office locations, with flexible working patterns.
• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.