Position: Specialist (Tax)
Job Type : Long-term contractual position with a six-month renewal cycle.
Process Description:
Specialist (Tax) position in Corteva Direct and Indirect tax process is the role to prepare & support various direct and indirect tax and direct tax compliance filings for India.
Tax Analyst job responsibilities include:
- Prepare and to file various Taxation returns and payments with the tax and revenue department.
- The person should have broad understanding of Indirect Tax and Direct Tax Laws GST and Income Tax Laws
- Understand and look after full cycle corporate income tax and GST compliances
- Preparation of monthly GST and corporate income tax provisions as per local GAAP and US GAAP
- Prepare monthly/quarterly estimate income tax payments/GST Payments
- Preparation and processing of tax journals and monthly reconciliation of tax accounts
- Assistance with Financial Statements tax provisions and tax notes
- Prepare, request, reconcile, and follow up open issues on Tax Bulletins for various and Foreign subsidiaries.
- Extract various reports from financial accounting ERPs and perform analysis
- Assist in Tax department audits and assessments
- Assist in quarterly accrual process & various projects when needed
Impact on the Business & Teamwork
- Ability to research, interpret and apply tax legislations, case laws and rulings
- Working with the country tax leadership and ancillary finance functions to ensure delivery as per agreed timelines.
- Publishing performance dashboards and required tax specific reporting.
- Ensure proactive controls in place to highlight issues before they are picked up by business.
- Adheres to Corteva Internal control policies and procedures, including established SOX compliance processes.
- Develop an in-depth knowledge of accounting flows tax frame works in order to support the process
Principal Accountabilities: Key activities
- Ensure 100% tax compliance, service delivery and adherence to all Key Control Activities.
- Ensure the basic process documentation is completed for all the activities.
Qualification and basic requirements:
- Graduates/Postgraduates with accounting/ commerce background with 2 5 years of experience in handling Indirect Tax and income tax compliances. Preference will be given to candidates having India GST and direct tax compliance experience.
- Ability to develop effective working relationships with business stakeholders.
- An excellent attention to detail.
- Very good working knowledge of Microsoft Office is essential.
- Position requires strong analytical skills, ability to multi-task, and proficiency in the use of tax software like OneSource.
- Ability to research and understand principles of Indirect Tax and corporate income tax laws
- Should have demonstrated the ability of driving results