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Tax Operations - Manager, AVP

6 - 8 years

32 - 37 Lacs

Posted:4 days ago| Platform: Naukri logo

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Job Description


 
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Job TitleTax Operations - Manager, AVP
LocationBangalore, India
Role Description
Operational Tax is part of Margin Treasury and Tax Operations and is responsible for managing and supporting all operational tax processes for Deutsche Bank AG and associated entities. The Tax operations team is comprised of five sub processes
  • Transactional Taxes (Financial Transaction Tax, Withholding Taxes, Stamp Duty etc.)
  • Cost Basis
  • Derivative Tax
  • FATCA

  • Tax Reclaims. The Tax Ops team is responsible for managing key regulatory tasks like reconciliation, payments and reporting of Taxes to the Tax Authorities, FATCA and CRS reporting, allocation of payments, calculation of NRA tax and reconciliation of tax applied between the DB systems and the tax authorities.What well offer you
  • 100% reimbursement under child care assistance benefit (gender neutral)
  • Sponsorship for Industry relevant certifications and education
  • Accident and Term life Insurance

  • Your key responsibilities
  • Managing the day to day processing/deliverables for operational tax processes like Withholding Tax, Relief at Source, Reclaims for the businesses/regions supported by Operational Tax including the reporting, payment and reconciliations.
  • Filing tax reclaims
  • Tax reporting, tax payments and tax audits.
  • The candidate would be expected to well verse with withholding tax processes, primarily tax reclaims and relief at source.
  • The day-to-day processing of functions within pre-defined timelines and ensuring the process is run in a controlled manner
  • Ensure that there are no misses in any of the internal/external or regulatory deadlines
  • Mange the Monthly / Annual reporting and relevant payment processes to the regulators
  • Produce Tax MIS and maintain full audit trails
  • Advise on the right level of documentation and tax rates to be applied per country/ counterparty status and Ensure continuous maintenance of relevant Tax data on back office systems
  • Interpretation of amendments to the existing rules and regulations pertaining to the relevant tax. All the relevant Key Processing Indicators are achieved and delivered as agreed.
  • Drive regulatory changes in partnership with IT and Business within operations.
  • Knowledge of Trade Life cycle, Reconciliation of accounts, Exposure to back office systems and Reconciliation systems like TLM, etc. will be an added advantage
  • Review the processes undertaken within the team and redevelop and redesign where cost savings/efficiencies can be made
  • Ensure all client (internal and external) queries are dealt with in a timely and effective manner. Experience of directly dealing with Clients would be an added benefit.

  • Your skills and experience
  • CA / MBA/ Graduate with 6-8 years of prior working experience
  • Area of ExpertiseAccounts, Taxation, Finance, Reconciliation
  • The candidate should be well versed with the various Tax regulations and have the ability to understand the various aspects and concepts of taxes like Financial Transaction Tax, Stamp Tax, Withholding Tax, Reclaims filing, Reporting, and Payments etc.
  • Knowledge of Equities Trade Life cycle, Reconciliation of Nostro and internal accounts, Exposure to back office systems and Reconciliation systems like TLM, etc. will be an added advantage
  • Knowledge of withholding Tax Reclaims and RAS.
  • Accounts- Reconciliation, Substantiation, MIS, Payments
  • Settlements Financial instruments, Custody & Asset management
  • Exposure to Equities Settlements / Asset Management preferred
  • Strong time management, organizational, planning and follow-up skills; ability to multi-task effectively
  • Ability to prioritise competing demands
  • Strong analytical and problem solving skills
  • Proficient in MS office applications
  • Strong capacity to assimilate other stakeholders perspectives and fast learning abilities
  • Ability to use sound judgment to meet regulatory standards
  • General knowledge of Business Banking product set
  • Preference will be given to local candidates

  • How well support you

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    Deutsche Bank
    Deutsche Bank

    Banking and Financial Services

    Frankfurt

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