Assistant Manager - Taxation And Finance

Job description

**Role & responsibilities** Job Title: Assistant Manager Taxation / Finance Department: Finance / Taxation Reporting To: General Manager-Taxation / Finance Work Location: Andheri (E), Mumbai Role Summary Assistant Manager Taxation will be responsible for ensuring accurate and timely compliance with direct tax laws, including TDS/TCS, advance tax, income tax returns, tax audit requirements, and related assessments. The role involves supervising tax data compilation, documentation, stakeholder communication, and implementation of tax-related systems and process improvements, with a strong focus on minimizing tax disallowances, interest, and penalty exposure. Key Responsibilities 1. TDS / TCS Operations & Compliance - Provide timely and accurate details for payment of TDS, TCS and advance tax to ensure correctness and avoid interest and penalties. • Review TDS on dividend distributions to ensure correct deduction and compliance with applicable tax provisions. • Supervise timely upload of Forms 145/146 on the income tax portal to avoid penalties and ensure full regulatory compliance for foreign remittances. • Ensure timely submission of TDS/TCS returns and corrections thereof - To work with SAP and Master data team for new TDS code creation including activation of LDC in SAP and tracking of utilization limit - Supervise timely issuance of digitally signed e-TDS certificates - Respond to user queries related to TDS within defined timelines and provide appropriate clarifications. - Advisory and stakeholder support for TDS implication and Tax documents for foreign remittances 2. Tax Audit and Documentation - Prepare tax audit schedules and related working papers as per statutory requirements. • To assist for Compilation and preparation of Income Tax assessment related details - Coordinate retrieval and organization of documents and information required for assessments and audits, ensuring completeness and accuracy. • Prepare TDS Status Chart and Tax Dep. Chart for Quarterly Audit including responses to related audit queries from internal and external auditors. - Prepare Financials for Tax Holiday Units and R&D Units , achievement reports and coordinate for their audit. 3. Systems, Innovation and Process Improvement - Support implementation and effective use of Digi TDS software to streamline TDS processes and strengthen compliance controls. Use Genius Software or equivalent tools to ensure timely and accurate preparation and filing of income tax returns before due dates. **Preferred candidate profile** Required Qualifications CA / Semi Qualified CA Required Experience Fresher CA or Semi-qualified with 2-3 years of experience in Direct Tax Compliances Technical Skills - Income Tax Act & Rules • SAP ECC 6 or S4 HANA • Proficient on MS Excel / Word