Assistant Manager - Taxation

Job Purpose:

To manage and oversee all taxation‐related activities of the organisation, ensure compliance with statutory regulations (direct & indirect taxes), assist in tax planning, reduce tax risks, co-ordinate with auditors and tax authorities, and support preparation of tax provisions for financial reporting.

Key Responsibilities:

Tax Compliance

• •Ensure timely and accurate filing of all direct tax returns (income tax, TDS / TCS etc.) and indirect tax returns (GST, Excise, VAT, if applicable).
• •Manage compliance for withholding taxes, VAT/GST / e-way bills, etc.
• •Coordinate with internal and external teams for tax audits (both direct and indirect).

Tax Planning & Advisory

• •Provide inputs for tax planning opportunities in cost saving, incentives, exemptions.
• •Interpret tax laws/notifications & advise on their impact on business operations.
• •Propose policies/processes to manage tax risk.

Coordination & Dispute Management

• •Interface with tax authorities (e.g. GST department, Income Tax department) during assessments, audits, show-cause notices.
• •Manage resolution of tax demands / litigation matters.
• •Liaise with external tax consultants / legal advisors when needed.

Provisioning, Documentation & Reporting

• •Prepare tax provisions / deferred tax calculations for financial statements.
• •Maintain accurate records, audit trail, supporting documents for all tax filings and claims.
• •Monthly / quarterly reporting of tax liabilities and tax exposures.

System & Process Improvement

• •Review and improve internal controls around taxation.
• •Ensure tax processes are streamlined, minimize errors / delays.
• •Stay updated on tax law changes, implement systems/ERP updates / trainings accordingly.

Cross-functional Collaboration

• •Work with Finance / Accounts teams to ensure tax-related entries, journals etc., are correctly captured in general ledger.
• •Support cost / pricing teams with transfer pricing, if applicable.
• •Coordinate with Purchase / Import / Export departments for duty, customs, import GST etc.

Team Management

• •Supervise / mentor junior tax executives / accountants.
• •Delegate tasks, monitor performance, ensure adherence to deadlines.

Skills & Qualification

• •Education - Chartered Accountant (CA), or ICWA, or Masters in Commerce with specialisation in taxation is preferred.
• •Experience - About 4-7 years of experience in taxation in a manufacturing / industrial setup; prior exposure to both direct & indirect taxes;
• •Experience with audits / assessments. Technical Knowledge - Good understanding of GST laws, Income Tax Act, TDS/TCS, customs / import duties, corporate tax, etc.; Knowledge of deferred tax and tax accounting standards.
• •Systems / Software Proficiency in ERP / Accounting software; strong Excel skills; ability to work with tax and accounting modules / reconcile tax ledgers.