Senior Tax and Accounts Executive

ROCKWOOL Group; Chennai District; On-site; INR 900,000 - 1,200,000; Full time

Job summary

ROCKWOOL Group in Chennai, India seeks a Tax and Accounting professional to manage GST, Income Tax, and TDS filings, maintain tax records, and support group reporting. You will prepare transfer pricing documentation, ensure regulatory compliance, and collaborate with auditors and consultants.

The role requires handling end-to-end tax and accounting matters within a manufacturing setup and coordinating with procurement and finance teams.

Qualifications

• Prepare and file GST, TDS, and Income Tax returns monthly and yearly.
• Maintain tax records and perform tax reconciliations.
• Prepare transfer pricing documentation and ensure regulatory compliance.
• Support end-to-end tax and accounting matters.
• Coordinate with auditors and tax consultants.

Responsibilities

• Maintain books of accounts and support in month-end/ year-end closures.
• Handle CAPEX accounting and asset capitalization reviews.
• Ensure compliance with GST, Income Tax, and corporate laws.

Skills

GST

Income Tax

Tax planning

Audit support

Transfer Pricing

Education

Bachelor's degree in Commerce/Finance/Accounting

Job description

Role Summary : Direct and Indirect tax matters (GST and Income Tax), Maintenance of tax records, books of accounts, support in group reporting and statutory accounts, handling CAPEX accounting and matter of accounts and finance.

Direct and Indirect tax matters (GST and Income Tax), Maintenance of tax records, books of accounts, support in group reporting and statutory accounts, handling CAPEX accounting and matter of accounts and finance.

Key responsibilities and activities include, but is not limited to : Taxation (Direct & Indirect)

• Prepare and assist in filing GST, TDS, and Income Tax returns monthly and yearly
• Handle tax assessments, notices, and documentations
• Preparation and maintenance of transfer pricing documentation, ensuring compliance with applicable regulations.
• Prepare and review tax reconciliations for WHT, VAT, and other tax accounts, ensuring timely resolution of discrepancies, and follow up with any receivables balances, if applicable.
• Prepare tax schedules and reconciliations to support tax returns, statutory audits, and tax audits.
• Track capital allowance claims and maintain supporting documentation for tax reporting purposes.
• Track compliance deadlines and ensure timely filings
• Co-ordinate with business to ensure Tax compliance across procurement, sales and finance processes
• Prepare management reports and tax compliance dashboard
• Collaborate with Auditors, Tax Consultants and Tax Department.
• Support in end to end Tax and Accounting matters.

Accounting & Book Closure

• Maintain books of accounts and pass journal entries and support in variance analysis
• Perform account reconciliations and ledger scrutiny
• Maintenance of Fixed Asset Register and Depreciation
• Review and monitor Assets Under Construction (AUC) balances to ensure timely capitalization and compliance with accounting policies - CAPEX.
• Import Vendor Management (Accounts Payable)
• Support month-end and year-end closures
• Handling documentations with banks and regulatory authorities
• Undertake any additional responsibilities or ad-hoc assignments as required by the management

Audit Support

• Coordinate with auditors and prepare schedules
• Support finance team during statutory / group audits
• Resolve audit queries and assist closure

Compliance & Controls

• Ensure compliance with Companies Act, GST Act, Income Tax Act and Group Guidelines
• Maintain internal controls

Education

Bachelor's degree in Commerce/ Finance/Accounting, with 4 years of relevant experience in tax and accounting.

Language

English, Hindi,

Other

Working experience in Manufacturing organization