Dy. Head Taxation

Vedanta Resources Limited; Jharsuguda; On-site; INR 1,200,000 - 2,400,000; Full time

Job summary

Vedanta Resources Limited seeks a seasoned Tax Manager to oversee direct and indirect tax functions from Odisha, ensuring timely tax returns, compliance, and governance aligned with group standards.

The role covers tax provisions, audits, and advisory on inter-company transactions, with coordination across internal and external stakeholders to mitigate tax risks and ensure regulatory compliance.

Responsibilities

• Ensure timely filing of Income Tax Returns and related statutory compliances.
• Review advance tax computations and tax provisioning under Ind AS.
• Manage TDS/TCS compliances, reconciliations, and return filings.
• Review Form 26AS, AIS, TRACES, and tax ledger reconciliations.
• Handle scrutiny assessments, reassessments, survey and appeal proceedings.
• Coordinate with external tax consultants and legal counsels.
• Maintain litigation trackers and contingent liability reporting.
• Analyse impact of amendments under Income-tax Act and Rules.
• Provide advisory on contracts, inter-company transactions, and restructuring initiatives.
• Review implications relating to withholding tax, international transactions, and cross-border payments.
• Tax accounting under Ind AS. Current tax and deferred tax computations.
• Coordination with statutory auditors and internal auditors.
• Quarterly and annual tax provision reviews.

Job description

• Ensure timely filing of Income Tax Returns andrelated statutory compliances.
• Review advance tax computations and taxprovisioning under Ind AS.
• Manage TDS/TCS compliances, reconciliations, andreturn filings.
• Review Form 26AS, AIS, TRACES, and tax ledgerreconciliations.
• Handle scrutiny assessments, reassessments, surveyand appeal proceedings.
• Coordinate with external tax consultants and legalcounsels.
• Maintain litigation trackers and contingentliability reporting.
• Analyse impact of amendments under Income-tax Actand Rules.
• Provide advisory on contracts, inter-companytransactions, and restructuring initiatives.
• Review implications relating to withholding tax,international transactions, and cross-border payments.
• Tax accounting under Ind AS.Current tax anddeferred tax computations.
• Coordination with statutory auditors and internalauditors.
• Quarterly and annual tax provision reviews.

B. Indirect Tax (GST, Customs & SEZ)

• Review GST returns (GSTR-1, GSTR-3B, GSTR-9,GSTR-9C).
• ITC reconciliation and optimization, GST healthchecks and compliance monitoring.
• Ensure proper tax positions on procurement andbusiness transactions.
• Handle departmental audits, investigations, andassessments.
• Representation before GST Authorities.
• Maintain litigation and dispute managementframework.
• Manage customs compliances related to imports andexports.
• Review duty optimization opportunities.
• Support RoDTEP, drawback, EPCG and FTP matters.
• Monitor customs assessments and disputes.
• Ensure compliance for SEZ operations.
• Coordinate with Customs and DevelopmentCommissioner offices.

C. Tax Governance & Controls

• Develop SOPs and internal tax controls as per bestindustries practices.
• Support new business projects and expansioninitiatives.
• Ensure tax risk identification and mitigation.
• Lead automation and digital tax initiatives.
• Ensure compliance with Vedanta Group governancestandards*#