Manager-II - Taxation

ICICI Prudential Life Insurance; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

ICICI Prudential Life Insurance seeks a tax leader to oversee Direct Tax and GST (Indirect Tax) functions, ensuring timely statutory compliance, accurate 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 and external consultants, manage ITC validation and e-invoicing, and support monthly closing activities related to tax liabilities.

Qualifications

• Prepare and file GST returns (GSTR-1, GSTR-3B, GSTR-9, GSTR-9C) and Direct Tax returns on time.
• Ensure timely payment of GST, TDS, advance tax and other taxes.
• Perform GST reconciliations across books, GSTR-2B, GSTR-3B and related records.
• Manage ITC validation, documentation and reporting.
• Prepare income tax computations, tax provisions and audits.
• Coordinate with internal teams, external consultants, and tax authorities for GST and Direct Tax assessments and audits.
• Manage GST registrations, amendments and e-invoicing, and other statutory compliances.
• Support monthly GST-related closing activities and provisions.
• Monitor changes in Income Tax and GST laws and ensure timely implementation.
• Prepare MIS reports and analytics for management review.
• Support statutory, internal, and tax audits by ensuring timely records and documentation.

Responsibilities

• Prepare and file GST returns (GSTR-1, GSTR-3B, GSTR-9, GSTR-9C) and Direct Tax returns within statutory timelines
• Ensure timely payment of GST, TDS, Advance Tax, and other applicable taxes
• Perform GST reconciliations between books of accounts, GSTR-2B, GSTR-3B, and related records
• 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 and provisions
• 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

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