Manager-II - Taxation

ICICI Prudential Life Insurance; Mumbai; On-site; INR 3,500,000 - 5,500,000; Full time

Job summary

ICICI Prudential Life Insurance is seeking a senior tax leader to oversee Direct Tax and GST (Indirect Tax) functions, ensuring statutory compliance, timely tax reporting, audits, and reconciliations. The role strengthens tax governance, minimizes tax risks, and ensures compliance with evolving tax laws.

The incumbent will coordinate with internal teams, external consultants, and tax authorities for assessments, audits, notices, and litigation related to GST and Direct Tax, and will drive tax

Responsibilities

• Prepare and file GST returns (GSTR-1, 3B, 9, 9C) and Direct Tax returns on time.
• Ensure timely payment of GST, TDS, Advance Tax and other taxes.
• Reconcile GST between books, GSTR-2B, 3B and related records.
• Validate ITC, document and report ITC.
• Compute income tax, prepare tax provisions and audits.
• Coordinate with teams and authorities for GST and Direct Tax assessments, audits and notices.
• Manage GST registrations, amendments and e-invoicing.
• Support monthly GST-related closings and provisions.
• Monitor tax law changes and ensure timely implementation.
• Prepare MIS reports and analytics for management.
• Support statutory, internal and tax audits with timely records.

Job description

Tolead the organizations Direct Tax and GST (Indirect Tax) functions by ensuringtimely and accurate statutory compliance, tax reporting, audits, assessments,and reconciliations. The role is responsible for strengthening tax governance,minimizing tax risks, and ensuring compliance with evolving tax laws andregulatory requirements.

Key Responsibilities

• Prepareand file GST returns (GSTR-1, GSTR-3B, GSTR-9, GSTR-9C) and Direct Tax returnswithin statutory timelines
• Ensuretimely payment of GST, TDS, Advance Tax, and other applicable taxes
• PerformGST reconciliations between books of accounts, GSTR-2B, GSTR-3B, and relatedrecords
• ManageInput Tax Credit (ITC) validation, documentation, and reporting
• Prepareincome tax computations, tax provisions and tax audits
• Coordinatewith internal teams, external consultants, and tax authorities for assessments,audits, notices, and litigation related to GST and Direct Tax
• ManageGST registrations, amendments, e-invoicing, and other statutory tax compliances
• Supportthe Finance team in monthly closing activities related to GST liabilities andprovisions
• Monitorchanges in Income Tax and GST laws, circulars, and notifications and ensureimplementation
• PrepareMIS reports and analytics for management review.
• Support statutory, internal, and tax audits byensuring timely availability of records and documentation