Assistant Manager- Indirect Tax

JOB DESCRIPTION Assistant Manager Indirect Taxation Godrej Properties Limited (GPL) Mumbai, HO Job Title: Assistant Manager Indirect Taxation Job Type: Permanent, Full-time Function: Finance & Accounts Business: Godrej Properties Limited Location: Mumbai, HO About Godrej Industries Group (GIG) At the Godrej Industries Group, we are privileged to serve over 1.1 billion consumers globally through our businesses with market leadership positions in the consumer products, real estate, agriculture, financial services and chemicals industries www.godrejindustries.com About Godrej Properties Limited (GPL) Godrej Properties brings the Godrej Group philosophy of innovation, sustainability, and excellence to the real estate industry. Each Godrej Properties development combines the over 125-year legacy of excellence and trust with a commitment to cutting-edge design, technology, and sustainability. www.godrejproperties.com Roles & Responsibilities: 1. Optimization of Tax: Provide inputs on tax liabilities creatively to ensure that the organization s finances are accurately reported and taxes optimized Evaluating applicability of taxes and ensuring compliance thereof. Support in defining the indirect tax strategy so as to control the indirect tax liability of the organization. Define policies that ensure compliance with the provisions of GST/Other IDT Laws by arranging for timely and correct payment of tax to ensure that no interest / penalty is paid or whatever paid is minimum. Analysing the applicability of GST and implementation thereof. Guiding colleagues with respect of applicability of indirect taxes on various matters as and when required. 2. Tax Payment: Coordinate within the department for arranging timely payment of all types of Indirect Taxes with in due date. Coordinating with regional finance team for payment of various indirect taxes within due date. Reconciliation of credit availed and utilized for payment of indirect tax liabilities. Ensuring online payment facility is available for all the entities/ projects. 3. Taxation Process: Evaluating and implementing changes to be made in the accounting system with respect to changes in the indirect tax law / new indirect tax law. Coordinating with various regional teams for implementation of changes in indirect tax laws / new laws / filing of indirect tax returns. Filing of various returns pertaining to indirect tax within the due date. Obtaining various registrations / amending the existing registration of indirect taxes as and when applicable and coordinating with regional teams for registration related requirements. Review and ensure reconciliation of book entries of various indirect taxes and actual payments, net tax/duties and other taxes. Preparing replies to the queries / notices received from the department. Providing the information required by the department. Handling various indirect tax assessments / appeals and completion thereof within the due date specified under the relevant Indirect Tax Laws. Preparing the necessary data for assessments / appeals and coordinating with consultants for attending of various assessments / appeals. Ensuring completion of various audits by the department within the prescribed timeline. Ensuring various audits to be completed within the due date specified. Ensuring issuing / collection of required Certificates within the due date specified. Continuously monitor the changes in the tax laws and their implication on Godrej Properties Limited on a consolidated basis. Provide help and guidance to the Regional accounts manager in the areas of indirect taxation and ensuring that the systems and processes set for taxation are adhered to in the management of tax. Coordinating with various consultants for various opinions and implementing the opinions across the company. Educating regional teams and colleagues with respect to changes in various indirect taxes laws. Providing information related to Indirect Taxes for various indirect taxes for annual report, stock audits. Ensuring that all the cross company transactions are recorded properly along with the applicable taxes. Ensure compliance with ICFOR for Indirect Tax related matters. Ensure that all the transactions are recorded on online real time basis with respect to Indirect Tax matters. Close co-ordination with various departments for matters related to indirect tax. Guide the regional teams with respect to changes made by Indirect Tax Laws. Who are we looking for? Qualification: Chartered Accountant (CA) Experience: 6 months to 3 years of experience of handling the Accounts and Finance function with emphasis of managing indirect taxation for the organization Key Skills: Knowledge of SAP Understanding of accounting policies Awareness of latest regulations pertaining to tax, accounting treatments etc