Sr Manager Direct Taxation

Crompton Greaves Consumer Electricals; Mumbai; On-site; INR 1,800,000 - 3,000,000; Full time

Job summary

Crompton Greaves Consumer Electricals in Mumbai seeks a Sr Manager for Corporate Direct & Indirect Taxation to lead tax governance across the group and its subsidiaries.

The role requires CA with 5–7 years of manufacturing tax experience, deep knowledge of direct and indirect taxes including GST, tax audits, assessments, and litigation support, and proficiency in SAP and MS Office.

Qualifications

• CA with 5–7 years of tax experience in a medium/large manufacturing company.
• Strong knowledge of direct tax laws, including assessments and appeals.
• Experience in GST, VAT/CST and tax litigation support.

Responsibilities

• Evaluate changes in IT laws impacting business and tax compliance.
• Provide timely guidance on law changes and interpretations.
• Ensure IT and indirect tax compliances, including filing of tax returns and timely tax payments for Crompton and subsidiaries.
• Monthly reconciliation of TDS GL and other tax GL.
• Handle IT and GST notices, assessments, and litigation support.
• Coordinate with tax advisors and cross-functional teams for due diligence and documentation.
• Assist in tax MIS reporting and digitisation initiatives.

Skills

Direct tax

Indirect tax

GST

SAP

Microsoft Office

Tax documentation

Education

Chartered Accountant

Tools

SAP

Microsoft Office

Job description

Job Description: Sr Manager, Corporate Direct & Indirect Taxation.

Direct Tax Crompton and subsidiaries

• Evaluate changes in the Income Tax (IT) Laws that impact company's business and tax compliance
• Ensure timely Guidance regarding changes in laws/interpretations
• Ensure IT compliances across the company including accurate and timely filing of tax returns and timely collection/payment of taxes for Crompton and subsidiaries.
• Quarterly computation of taxable income, tax and deferred tax.
• Ensure reply to the department notices, completion of IT assessment.
• Handling ongoing litigation cases of IT.
• Evaluate proposals for the projects/other proposals from IT perspective
• Ensure adequate and timely payment of advance tax for the company and subsidiaries
• Monthly Reconciliation of TDS GL and other tax GL.
• Ensure completion of Tax audit of the company including subsidiaries.
• Management of the Physical and Digital Tax Records

Indirect Tax

• Ensure reply to department notices, completion of GST Assessment, audit and scrutiny conducted by the department
• Handling of ongoing litigation cases of GST, VAT & CST appeals of Crompton including attending the personal hearing and filing of new appeal
• Maintain co-ordinal relationship with internal and external stakeholders, collaborate and co-ordinate with Tax advisors and cross functional team to collate all details, documents, certificates etc for the assessment and litigation proceedings
• Updation of changes in the GST Laws having impact on Crompton Group and tax compliances.
• Ensure 2B reconciliation and no ITC lapse to the company.
• Validation of HSN codes and GST rates, ITC admissibility, RCM applicability for various business scenario and provide guidance to all cross functional team on indirect tax perspectives
• Ensure verification and filing of the Annual GST returns and reconciliation of GST Eco System
• Reconciliation of the tax general ledger accounts and Balance sheet scrutiny on monthly basis
• Preparation of the Tax MIS reports for the business verticals including litigation and assessment tracker and LODR reporting
• Assist in the automation, digitisation and process enhancement initiatives undertaken by the management
• Management of the Physical and Digital Tax Records

Key Deliverables:

• Correct and Timely Direct Tax and Indirect tax Compliances
• Successful execution of Tax policies in business operations
• Timely Response to Internal and External Stakeholders
• Timely completion of assessments/appeals

Key Competencies:

• Good working knowledge in Direct tax areas including handling of assessments & appeals
• Sound knowledge in Direct Tax areas
• Sound knowledge of computation of taxable Income and deferred tax.
• Knowledge of GST law, Rules, VAT laws
• Good knowledge of SAP, Microsoft Office
• Efficient Tax documentation Management skills
• Effective communication, co-ordination, and collaboration skills
• Team player

Work Experience:

• Around 5 7 years’ experience in tax function of a medium/large manufacturing company

Qualification:

• Chartered Accountant