Associate Direct Tax

Job Description

Tax Planning and Compliance:

• Ensure timely execution of direct tax and regulatory compliance with accuracy and quality.
• Monitor and manage tax governance and alignment on tax positions adopted by engagement teams and finance teams.
• Stay updated with changes in tax laws and evaluate their impact on operations and business models.
• Ensure the adequacy of tax provisions and ownership of tax accounts, ensuring tax positions are followed.
• Conduct due research on tax matters to ensure effective representation of the tax position adopted with detailed documentation within timelines.

Financial Metrics and Reporting:

• Monitor the tax governing framework on tax assets realization to avoid working capital lock-in and prevent tax leakage.
• Ensure timely submission of data for tax and regulatory reporting with effective review and adherence to validation checks.
• Responsible for maintaining robust internal controls and regular reviews to prevent errors and fraud, ensuring the integrity of tax and regulatory reporting.
• Ensure accurate tax and regulatory reporting, highlighting exceptions, and ensuring the impact is factored into policies and the cost of operations.

Stakeholder Management:

• Advise the business to protect profitability on additional costs of doing business in domestic and cross-border markets.
• Manage relationships with tax consultants, internal and external auditors, and IFS functions to ensure effective compliance on tax and regulatory positions and policies.

Audit and Litigation Management:

• Oversee tax audits, coordinate with external auditors, and manage responses to audit inquiries. Ensure timely closure of audit points with complete and accurate submission of schedules and documents.
• Review mock tax assessment schedules and support litigation efforts.
• Ensure effective maintenance of documentation with respect to compliance and assessments and timely updates in reporting applications.

Technological Advancements:

• Lead the implementation of technological advancements in the tax function with best-in-class automation practices to drive efficiency in overall finance processes impacting tax and regulatory compliances.

This will be an internal role.