Chennai
On-site
INR 4,50,000 - 6,75,000
Full time
Job summary
A financial services firm located in Chennai is seeking a Tax Manager to implement strategies for minimizing tax liabilities and optimizing financial performance. The role involves ensuring compliance with various tax laws, managing audits, advising on tax implications of transactions, and handling Forex transactions. Ideal candidates will have experience in tax compliance and risk management.
Responsibilities
- Implement strategies to minimize tax liabilities and optimize financial performance.
- Ensure compliance with federal, state, and local tax laws.
- Oversee preparation and review of tax returns.
- Manage tax audits by regulatory authorities.
- Identify and assess tax risks and exposures.
- Advise management on the tax implications of business transactions.
- Collaborate with internal and external auditors.
- Prepare and present detailed reports on the company's tax situation.
- Analyse performance of invested products.
- Responsible for Forex transactions and statutory compliance.
- Handle group company transactions and relevant work as assigned.
Role & responsibilities
- Implement strategies to minimize tax liabilities and optimize financial performance.
- Ensure compliance with federal, state, and local tax laws and regulations, including filing requirements and reporting obligations.
- Oversee the preparation and review of tax returns, including corporate income tax, individual income tax and property tax returns.
- Manage tax audits by regulatory authorities, providing documentation and support for audit inquiries.
- Identify and assess tax risks and exposures, developing risk mitigation strategies.
- Advise management on the tax implications of business transactions, investments, and financial decisions.
- Collaborate with internal and external auditors during financial and tax audits.
- Prepare and present detailed reports on the company's tax situation for senior management.
- Analyse the performance of invested products and coordinate with the management for Investment.
- Responsible for Forex Transaction, Getting quotes from bank, Submission of Softex, Compliance with statutory regulatory bodies such as STPI, GST, EEPC, PF/ESIC verification & payment, EDPMS (Export Data Processing and Monitoring System)(
- clearance and customs, Ensuring compliance to RBI, DGFT, STPI requlation.
- Handle group company transactions and other relevant work as assigned from time to time by the management.