Work Schedule
Standard (Mon-Fri)
Environmental Conditions
Office
Job Description
Job Description Tax Analyst Indirect Taxation
Location: Bangalore India
Business Unit: Thermo Fisher Scientific (USD 500M India business)
Role & Responsibilities
Purpose: - To support Thermo Fishers India business (USD 500M) in managing all aspects of Indirect Tax including GST compliance litigation assessments and audits as part of the India Taxation team.
Key Responsibilities
- Compliance Management
- Supervise the tax compliance calendar to ensure timely filing of all indirect tax returns and payments.
- Prepare and file monthly GST returns annual returns and reconciliation statements.
- Review classification of products under appropriate HSN codes.
- Reconcile GST Input Tax Credit (GSTR-2B vs. books of accounts)
- Ensure timely accounting entries w.r.t. GST ITC availments utilization reversals etc.
- Litigation & Assessments
- Handle all indirect tax assessments litigations and audits.
- Prepare submissions schedules and supporting documents for GST assessments.
- Maintain a notice register and supervise status of ongoing cases.
- Correspond with tax authorities and provide timely responses.
- Audit & Reporting
- Support statutory tax and internal audits with required schedules and reconciliations.
- Prepare MIS reports and management updates on tax positions.
- Process & System Improvements
- Actively participate in automation and process simplification initiatives in indirect taxation.
- Ensure accurate reconciliations and upload internal reconciliations on a monthly basis.
- Drive efficiency and strengthen compliance processes.
- Collaborator Coordination
- Work together with internal teams and external collaborators to address tax-related questions.
- Provide guidance to business teams on indirect tax matters.
Candidate Profile
Education & Experience
- Chartered Accountant (CA) with 34 years of relevant experience.
- Prior experience in MNCs or Big4 audit firms preferred.
Skills & Knowledge
- Strong exposure to handling tax audits and departmental assessments.
- Experience in process improvements/automation in indirect tax domain.
- Proficiency in ledger scrutiny reconciliations of tax returns/forms to GL balances.
- Advanced Excel skills.
- Excellent written and oral communication skills.
Required Experience:
IC