Assistant Manager - Taxation

AbhiBus

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profile Job Location:

Hyderabad - India

profile Monthly Salary: Not Disclosed
Posted on: 30+ days ago
Vacancies: 1 Vacancy

Job Summary

Tax Compliance:
o Preparing and reviewing various tax returns (Income tax corporate tax
GST TCS under GST etc.) accurately and on time.
o Ensuring adherence to all federal state and local tax laws and
regulations.
o Maintaining thorough and accurate documentation to support tax filings
and audits.
o Responding to inquiries and correspondence from tax authorities.
o Keeping up to date with changes in tax legislation and assessing their
impact on the organization or clients.

Tax Planning and Strategy:
o Identifying tax-saving opportunities and strategies within the legal
framework.
o Providing advice on the tax implications of business transactions
initiatives and decisions (e.g. mergers acquisitions new product
launches).
o Developing and implementing tax-efficient structures and processes.
o Forecasting tax payments and liabilities.
Tax Accounting and Reporting:
o Reconciling tax liability accounts to the general ledger.
o Preparing tax provisions for financial statements.
o Assisting with month-end and year-end closing processes related to
tax.
o Analyzing financial data to determine tax obligations and identify
discrepancies.

Tax Audits and Dispute Resolution:
o Assisting with tax audits by gathering necessary documentation and
providing explanations for tax positions.
o Liaising with tax authorities during routine audits and ad-hoc inquiries.
o Supporting the resolution of tax disputes.

Process Improvement and Technology:

o Identifying and implementing opportunities for process improvement in
tax procedures.
o Utilizing tax software (e.g. ERP systems like Microsoft Dynamics or
specialized tax tools) to streamline tax preparation and compliance.
o Ensuring all aspects of tax transactions are captured correctly in
systems.

Specific Responsibilities by Position Level:
Tax Associate/Analyst:
o Primarily focused on data entry reconciliation and preparation of basic
tax returns under supervision.
o Assisting with tax research and organizing tax documents.
o Learning tax software and tools.
o May handle routine inquiries from tax authorities.

Tax Accountant:
o Prepares a wider range of tax payments and returns (quarterly and
annual).
o Estimates and tracks tax returns.
o Organizes and updates the company's tax database.
o Identifies tax savings and suggests ways to increase profits.
o Liaises with internal and external auditors.


Qualifications :

Education: Bachelor's degree in Accounting Finance or a related field
(Master's in Taxation or CPA/CA/ACCA preferred for higher roles).
Technical Knowledge: Deep understanding of direct tax laws (income tax
corporate tax) and indirect tax laws (GST) relevant to the jurisdiction(s) of
operation.
Analytical and Problem-Solving Skills: Ability to analyze complex financial
data identify tax issues and develop effective solutions.
Attention to Detail: Meticulous approach to ensure accuracy in tax
calculations and filings.

Communication Skills: Excellent written and verbal communication to
explain complex tax concepts to non-technical individuals and interact with tax
authorities and stakeholders.
Software Proficiency: Experience with accounting software Excel and ERP
systems (e.g. Microsoft Dynamics) and specialized tax software.
Time Management and Organization: Ability to manage multiple tasks meet
tight deadlines and maintain organized records.
Collaboration: Ability to work effectively with cross-functional teams (finance
legal operations).


Remote Work :

No


Employment Type :

Full-time

Tax Compliance:o Preparing and reviewing various tax returns (Income tax corporate taxGST TCS under GST etc.) accurately and on time.o Ensuring adherence to all federal state and local tax laws andregulations.o Maintaining thorough and accurate documentation to support tax filingsand audits.o Respon...
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About Company

Founded in the year 2007, Abhibus Services (India) Private Limited is a pioneer in providing end-to-end software and other value added solutions for bus transport Industry by leveraging the latest Technology of today. Abhibus aims to be the most preferred Information Technology partne ... View more

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