Job Description – GeneralManager – Direct Taxation
Designation: General Manager – DirectTaxation
Industry: Pharmaceutical / Pharma
Qualification: Chartered Accountant (CA)
Experience: Minimum 13–18 Years
Department: Finance & Taxation
Reporting To: CFO / Head of Finance
Location: Hyderabad
Job Purpose
To lead and oversee theorganization's direct tax function, ensuring tax compliance, tax planning, riskmanagement, litigation management, and strategic tax advisory across the company'sdomestic and international operations. The role requires strong expertise inIndian direct tax laws, particularly in the pharmaceutical industry.
Key Responsibilities
- Oversee end-to-end direct tax compliance, including preparation andfiling of income tax returns.
- Ensure timely compliance with advance tax, TDS/TCS, withholding taxand other statutory requirements.
- Review tax provisions, deferred tax calculations and effective taxrate.
- Ensure compliance with applicable provisions of the Income-tax Actand relevant rules.
- Develop and implement effective tax planning strategies to optimizethe organization's tax position.
- Advise management on tax implications of business transactions,restructuring, mergers and acquisitions.
- Evaluate tax-efficient structures for new business initiatives andexpansion projects.
- Provide strategic tax inputs for domestic and internationaloperations.
3. Tax Assessments &Litigation
- Lead and manage income tax assessments, reassessments, appeals andrelated proceedings.
- Represent the company before Income Tax Authorities, CIT(A), ITATand other relevant forums, in coordination with external consultants.
- Manage tax notices, demands, refunds and disputed tax matters.
- Develop strategies to minimize tax exposure and resolve outstandinglitigation.
- Handle direct tax implications relating to pharmaceuticalmanufacturing, R&D and product development.
- Review tax treatment of research and development expenditure,clinical trials and regulatory expenses.
- Evaluate tax implications of technology transfers, licensingarrangements, royalties and intellectual property.
- Review tax implications of domestic and export transactions.
- Ensure appropriate tax treatment of incentives, subsidies andgovernment grants.
- Advise on tax implications of manufacturing facilities, capitalexpenditure and business expansion.
5. International Taxation& Transfer Pricing
- Manage international tax matters, including cross-bordertransactions and withholding tax.
- Oversee transfer pricing compliance, documentation andbenchmarking.
- Review international transactions involving associated enterprises.
- Handle DTAA provisions, foreign tax credits, PE exposure and otherinternational tax matters.
- Coordinate with overseas subsidiaries and international taxconsultants.
- Identify and mitigate direct tax risks across business operations.
- Establish robust tax governance frameworks and internal controls.
- Conduct periodic tax reviews and tax health checks.
- Ensure proper documentation and audit readiness.
- Work closely with internal audit, statutory auditors and externaltax advisors.
7. Leadership & StakeholderManagement
- Lead, mentor and develop the taxation team.
- Partner with Finance, Legal, Accounts, R&D, Supply Chain andBusiness Operations.
- Present tax risks, provisions, litigation updates and taxstrategies to senior management.
- Coordinate with tax authorities, consultants and regulatorystakeholders.
Desired Candidate Profile
- Qualified Chartered Accountant (CA) from ICAI.
- Minimum 13 years of relevant post-qualification experience inDirect Taxation.
- Strong experience in the pharmaceutical / healthcare /manufacturing industry.
- Extensive knowledge of Indian Income-tax laws and regulations.
- Proven expertise in tax assessments, litigation, appeals and taxplanning.
- Hands-on exposure to international taxation and transfer pricing.
- Experience in handling large-scale corporate tax functions.
- Strong leadership, analytical, communication and stakeholdermanagement skills.
- Ability to independently manage tax matters and advise seniormanagement .