Manager/Senior Manager – Direct Taxation – Manufacturing

Bridging Gaps; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Benefits offered by this job

Competitive compensation package

Opportunities for professional growth

Collaborative work environment

Job summary

A leading manufacturing company in Mumbai is seeking a Manager/Senior Manager – Direct Taxation to oversee TDS/TCS compliance and regulatory adherence. The ideal candidate should have 8-12 years of experience in direct taxation, particularly within the manufacturing sector. Excellent compensation and a collaborative work environment are offered, along with opportunities for professional growth.

Qualifications

• Minimum 8-12 years of relevant experience in direct taxation with a focus on TDS/TCS.
• Candidates with prior experience in manufacturing companies are strongly preferred.

Responsibilities

• Review and ensure accuracy of monthly TDS/TCS liabilities for group companies.
• Oversee and manage filing of Quarterly TDS/TCS returns.
• Verify various TDS forms, ensuring compliance with regulations.
• Conduct detailed reviews of 26AS reconciliation.
• Ensure adherence to all applicable tax laws and guidelines.
• Stay updated on amendments in tax laws and their implications.
• Streamline and optimize taxation processes.
• Assist in tax audits and assessments as required.

Skills

In-depth knowledge of direct tax laws

TDS/TCS regulations

Analytical skills

Reconciliation skills

Proficiency in taxation software

Communication skills

Education

Chartered Accountant (CA)

Job description

We are hiring a Manager/Senior Manager – Direct Taxation for one of the leading manufacturing companies.

The role involves managing and overseeing the direct taxation function, including TDS/TCS compliance, reconciliations, and returns across multiple locations.

This is an excellent opportunity for candidates with hands-on experience in direct taxation, particularly in the manufacturing sector.

Key Responsibilities

• TDS/TCS Compliance: Review and ensure accuracy of monthly TDS/TCS liabilities for group companies operating across 60 locations.
• TDS/TCS Compliance: Oversee and manage the filing of Quarterly TDS/TCS returns (Forms 24Q, 26Q, 27Q, and 27EQ).
• Verification & Reconciliation: Verify various TDS forms, including Form 16, Form 16A, and Form 27D, ensuring compliance with regulations.
• Verification & Reconciliation: Conduct detailed reviews of 26AS reconciliation to ensure accuracy and resolve discrepancies.
• Regulatory Compliance: Ensure adherence to all applicable tax laws, regulations, and guidelines pertaining to direct taxation.
• Regulatory Compliance: Stay updated on the latest amendments in tax laws and their implications for the organization.
• Process Optimization: Streamline and optimize taxation processes to improve efficiency and compliance.
• Process Optimization: Assist in tax audits and assessments as required.
• Stakeholder Collaboration: Work closely with internal teams and external stakeholders, including auditors and tax consultants, to ensure smooth operations.

Requirements

• Education: Chartered Accountant (CA) or equivalent qualification preferred.
• Experience: Minimum 8-12 years of relevant experience in direct taxation, with significant exposure to TDS/TCS compliance.
• Experience: Candidates with prior experience in manufacturing companies are strongly preferred.
• Skills: In-depth knowledge of direct tax laws, TDS/TCS regulations, and tax compliance processes.
• Skills: Strong analytical and reconciliation skills, with the ability to manage complex tax data.
• Skills: Proficiency in using taxation software and tools.
• Skills: Excellent communication and stakeholder management skills.

Additional Details

• Competitive compensation package.
• Opportunity to work with one of the leading manufacturing companies in India.
• Collaborative work environment with opportunities for professional growth.