Taxation Executive

Toyo Engineering India; Mumbai; On-site; INR 1,200,000 - 2,100,000; Full time

Job summary

Toyo Engineering India is seeking an experienced Taxation professional in Mumbai to handle income tax compliance, quarterly returns, and Form 16 processing within the Human Resource department.

The role requires 6-8 years of experience in taxation, strong analytical skills, and proficiency in MS Excel and accounting software. Master’s degree preferred with CMA/CPA certifications beneficial.

Qualifications

• Bachelor's degree in Accounting/Finance required or equivalent.
• 6-8 years of experience in Taxation or Tax accounting.
• Proficiency in MS Excel and accounting software.
• Certifications such as CMA or CPA preferred.

Responsibilities

• Prepare and file income tax returns for individuals and businesses.
• Prepare and file quarterly tax returns.
• Calculate and issue Form 16 to employees with correct TDS deductions.
• Develop tax planning strategies to minimize tax liabilities.
• Ensure compliance with statutory requirements (PT, PF, TDS, etc.).
• Perform statutory calculations including TDS and other taxes.
• Analyse financial documents to identify tax credits and savings.
• Assist in tax audits by providing documentation and explanations.
• Maintain records of tax payments, filings and client information.
• Stay updated on changes in tax laws and regulations.
• A/C provisions and budget provisions management.
• Process work order invoices.

Skills

Analytical skills

Time management

Attention to detail

MS Excel

Communication skills

Education

Bachelor's degree in Accounting/Finance

Master's degree preferred

Tools

MS Excel

Job description

Job Description

Role Taxation

Department Human Resource

Work Location – Kanjurmarg, West, Mumbai

Experience: Minimum of 6 - 8 years

• Income Tax Compliance: Prepare and file income tax returns for individuals and businesses, ensuring accuracy and compliance with state, national, and international tax laws.
• Quarterly Tax Returns: Prepare and file quarterly tax returns, ensuring timely submission and accuracy.
• Form 16 Calculation: Calculate and issue Form 16 to employees, ensuring correct TDS deductions and compliance with statutory requirements.
• Tax Planning: Develop tax strategies to minimize tax liabilities and maximize tax benefits for company.
• Statutory Compliance: Ensure compliance with all statutory requirements, including PT, PF, TDS and other relevant regulations.
• Statutory Calculations: Perform statutory calculations, including TDS, and other relevant taxes, ensuring compliance with local and national regulations.
• Financial Analysis: Analyse financial documents to identify potential tax credits, deductions, and savings.
• Audit Support: Assist in tax audits by providing necessary documentation and explanations.
• Record Maintenance: Organize and maintain records of tax payments, filings, and client information.
• Stay Updated: Keep abreast of changes in tax laws and regulations to provide accurate advice and ensure compliance.
• A/C provisions and budget provisions
• Work order invoice

Requirements

• Education: Bachelor's degree in Accounting, Finance, or a related field; Master's degree preferred.
• Experience: Minimum of 6 - 8 years of experience as a Tax Accountant, Tax Analyst, or Tax Preparer, with specific experience in Income Tax and quarterly tax return filing.
• Skills: Strong analytical and time management skills, attention to detail, proficiency in accounting software (e.g., MS Excel), and excellent communication skills.
• Certifications: Industry certifications such as CMA, CPA, or other relevant certifications are preferred.
• Knowledge: In-depth knowledge of Income Tax laws, GST, TDS, and other statutory requirements.