Senior executive taxation
Siemens Gas and Power GmbH & Co. KG
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Descrizione del lavoro
Siemens Energy in India seeks a Senior Executive – Taxation to lead indirect and direct tax compliance across the organization. You will collaborate with Finance, Accounting, external advisors, and regulatory authorities to manage returns, reconciliations, audits, and assessments while ensuring timely, accurate reporting.
The role covers GST, TDS, corporate tax, tax accounting, and litigation support, with emphasis on controls, process improvements, and compliance with evolving Indian tax laws.
Competenze
- Bachelor's degree in commerce/finance/accounting; CA/CMA preferred.
- Experience in corporate taxation, tax compliance, financial reporting, or accounting.
- Strong understanding of Indian Direct Tax, GST, TDS, Transfer Pricing, and Tax Accounting principles.
- Experience with SAP and enterprise financial systems.
Mansioni
- Indirect Tax Compliance: GST returns, data extraction, reconciliation, ITC, e-Invoicing, e-Way Bill, reporting.
- Direct Tax Compliance: TDS/TCS, quarterly returns, DTAA, 15CA/15CB, TRACES, advance tax, corporate income tax returns.
- Tax Accounting, Reporting & Reconciliations: journal entries, GL reconciliations, Ind AS 12, ETR analysis.
- Litigation, Assessments & Audit Support: assist in notices, appeals, coordination with consultants and authorities.
Conoscenze
Formazione
Strumenti
Descrizione del lavoro
Siemens Energy and Siemens Gamesa are becoming Omterra. "We energize society" by supporting our customers to make the transition to a more sustainable world, based on innovative technologies and our ability to turn ideas into reality. With nearly 100,000 employees around the world, we shape the energy systems of today and tomorrow.
Location: India
Company: Siemens Energy
Function: Finance & Taxation
Full / Part Time: Full-time
Experience Level: Professional / Experienced
As a Senior Executive – Taxation, you will play a critical role in ensuring direct and indirect tax compliance across Siemens Energy entities in India. Your day will involve collaborating closely with Finance, Accounting, Business, External Advisors, and Regulatory Authorities to manage tax compliance, reporting, reconciliations, audits, and assessments.
You will oversee GST, TDS, corporate tax compliance, tax accounting, and litigation support activities while ensuring timely and accurate reporting. From preparing tax returns and performing reconciliations to assisting with audits and tax assessments, you will help safeguard compliance, mitigate tax risks, and support the organization's financial reporting objectives.
Working in a dynamic environment, you will contribute to maintaining robust tax controls, improving compliance processes, and ensuring adherence to evolving tax regulations.
- Assist in the preparation and filing of monthly and annual GST returns, including GSTR-1, GSTR-3B, GSTR-9, and GSTR-9C across multiple registered states.
- Perform GST data extraction, validation, and reconciliation from SAP and ERP systems.
- Reconcile Input Tax Credit (ITC) between GSTR-2B and books, monitor unmatched credits, and coordinate with vendors to resolve compliance gaps.
- Calculate GST reversals and ensure compliance with applicable GST provisions and rules.
- Monitor e-Invoicing and e-Way Bill compliance, investigate exceptions, and resolve reporting failures.
- Reconcile turnover, output tax liability, and tax credits between GST returns, trial balance, and financial statements.
- Maintain supporting documentation and explanations for all reconciliation differences.
- Compute and deposit monthly TDS and TCS liabilities.
- Prepare and file quarterly TDS/TCS returns, including Forms 24Q, 26Q, 27Q, and 27EQ.
- Manage correction statements and resolve notices and defaults through the TRACES portal.
- Determine withholding tax obligations for international transactions, considering applicable DTAA provisions.
- Support filing of Forms 15CA and 15CB and maintain Tax Residency Certificates (TRC) and Form 10F documentation.
- Prepare advance tax computations and quarterly tax installment workings.
- Assist in the preparation and filing of corporate income tax returns.
- Support tax audit activities, including preparation of Form 3CD schedules and supporting documentation.
- Reconcile Form 26AS and AIS with accounting records and follow up for tax credit mismatches.
- Coordinate Transfer Pricing compliance activities, including Form 3CEB, Master File, Country-by-Country reporting, Forms 3CEAA, and 3CEAB as applicable.
- Prepare tax-related journal entries covering provisions, GST and TDS liabilities, input tax reversals, receivables, interest, penalties, and litigation provisions.
- Perform monthly reconciliation of tax-related General Ledger accounts.
- Reconcile GST ledgers with electronic credit and cash ledgers maintained on government tax portals.
- Monitor and clear open tax-related items and aging balances.
- Prepare monthly reconciliation between books and statutory returns for GST and TDS.
- Support current and deferred tax calculations under Ind AS 12.
- Assist with Effective Tax Rate (ETR) reconciliations and deferred tax movement schedules.
- Support month-end and year-end financial closing activities related to taxation.
- Ensure all tax balances are adequately supported and substantiated at reporting dates.
- Support income tax assessments, transfer pricing assessments, reassessments, and related proceedings.
- Prepare responses to notices issued under various provisions of the Income Tax Act.
- Assist in preparing submissions for appeals before regulatory authorities.
- Coordinate with external tax consultants and legal counsels for assessments and litigation matters.
- Maintain a comprehensive litigation tracker covering tax exposures, timelines, case status, and action items.
- Support management and auditors with contingent liability reporting and tax-related disclosures.
- Participate in tax authority hearings and review meetings when required.
- Bachelor's Degree in Commerce, Finance, Accounting, Business Administration, or a related discipline.
- Professional qualification such as Chartered Accountant (CA), CMA, or equivalent preferred.
- Relevant experience in corporate taxation, tax compliance, financial reporting, or accounting.
- Strong understanding of Indian Direct Tax, GST, TDS, Transfer Pricing, and Tax Accounting principles.
- Experience working with SAP and enterprise financial systems.
- Strong analytical and reconciliation skills with attention to detail.
- Ability to work with cross-functional teams and manage multiple priorities in a dynamic environment.
- Excellent communication, stakeholder management, and problem‑solving skills.
- Corporate Income Tax Compliance
- TDS & TCS Compliance
- Advance Tax Computation
- DTAA & Cross‑Border Taxation
- Form 15CA / 15CB Compliance
- Tax Audit Support
- GST Compliance & Return Filing
- Input Tax Credit Reconciliation
- GST Audit Support
- e‑Invoicing
- GST Litigation Support
- Tax Accounting Entries
- General Ledger Reconciliations
- Deferred Tax Accounting (Ind AS 12)
- Effective Tax Rate Analysis
- Month‑End & Year‑End Close Activities
- SAP ERP
- Microsoft Excel (Advanced)
- TRACES Portal
- GSTN Portal
- Regulatory Compliance
- Tax Litigation TrackingAudit Coordination
- External Consultant Management
- Cross‑functional Collaboration
The Tax and Finance function plays a critical role in supporting Siemens Energy's business operations by ensuring compliance with regulatory requirements, maintaining strong governance standards, and enabling accurate financial reporting. The team works closely with business, accounting, legal, and external stakeholders to manage tax risks effectively while supporting the company's growth and transformation agenda.
At Siemens Energy, we are more than just an energy technology company. We meet the growing energy demand across more than 90 countries while helping our customers transition toward a more sustainable future. Our global workforce is committed to making reliable, affordable, and sustainable energy a reality through innovation, collaboration, and technological excellence.
Lucky for us, we are not all the same. Through diversity, we generate power. We run on inclusion, and our combined creative energy is fueled by people from different backgrounds, experiences, and perspectives. Siemens Energy is committed to creating an environment where everyone can thrive and contribute to shaping the future of energy.
- Comprehensive medical insurance coverage for employees and eligible dependents.
- Family floater coverage for spouse and dependent children as per company policy.
- Meal Card benefits under company compensation programs.
- Flexi Pay structure enabling tax optimization opportunities.
- Opportunity to work with global finance and taxation teams.
- Exposure to complex tax compliance, reporting, audit, and transfer pricing matters.
- Access to learning, development, and career growth opportunities within Siemens Energy.
- Experience working in a global organization supporting the energy transition and digital transformation.
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