Taxation Leader

Function - Finance and Accounts

Sub Function - Taxation

Key Responsibilities:

Indirect Tax Compliance

• Oversee and ensure timely and accurate filing of GST returns (GSTR-1 GSTR-3B GSTR-9 etc.) in compliance with the law with complete reconciliation from books of account

• Manage input tax credit reconciliation ensuring it is correctly claimed and accounted for. Designed a mechanism to track and follow up with vendor for non-deposit of GST

• Supervise GST audits and assessments identify potential risks and implement solutions to mitigate tax liabilities

• Oversee and manage GST registrations including ISD across multiple states ensuring adherence to state-specific compliance requirements

• Oversee and manage clinical establishment registration across multiple states ensuring adherence to state-specific compliance requirements

• Lead integration of Accounting ERP system with GST portal through cleartax or similar other provider

• Ensure that the business is fully compliant with different state GST laws managing renewals and updates as required including QR code requirements for B2C invoices

• Lead GST-related litigation processes working with external consultants legal teams and tax authorities

• Manage disputes and appeals to minimize liabilities and ensure tax positions are robust and defensible

• Develop strategies to resolve any GST-related issues quickly and effectively

• Lead and prepare litigation tracker for visibility of the management and sharing with auditors

• Reconciliation of tax assets/liabilities as per balance sheet with GST return

Direct Tax Compliance

• Oversee the preparation and filing of corporate income tax returns including calculations and assessments

• Work effectively to ensure tax filings are accurate and timely and respond to tax authorities on related matters

• Advise on tax planning opportunities including structuring business operations and transactions to minimize tax liabilities

• Monitor changes in direct tax legislation assess impact on business and provide timely updates to leadership

• Review of applicability of TDS as per Income Tax act rules and DTTA as and when required

• Reconciliation of TDS with 26 AS Revenue register and Books and take necessary action to reconcile to maximum

• Review of monthly TDS data basis which payment to be made to Income Tax authorities and review of data for Quarterly TDS returns. Exploring automation of TDS reconciliation

• Lead litigation/filings to claim income tax refund (TDS) for earlier years from department

• Lead and prepare litigation tracker for visibility of the management and sharing with auditors

• Reconciliation of tax assets/liabilities as per balance sheet with Income Tax return

Tax Planning & Strategy

• Monitor changes in GST laws and provide actionable recommendations to optimize tax efficiency and compliance

• Support the business in designing and implementing tax-efficient structures and strategies including managing indirect tax audits and disputes.

Collaborate with cross-functional teams

• Collaborate with cross-functional teams (Legal Operations Sales etc.) to ensure tax considerations are incorporated into business decisions and new initiatives

• Monitor changes in tax legislation and assess their impact on business operations advising on necessary adjustments or implementations

• Lead or contribute to the implementation of tax technology solutions to enhance operational efficiency.

• Coordination with Statutory Internal auditor for All Tax related queries

Qualifications & Skills

• Chartered Accountant with 5 to 7 years of experience in direct and indirect tax preferably in a high-growth or startup environment and consultancy firm

• Strong technical knowledge of tax regulations

• Experience with ERP systems (e.g. SAP Oracle) and tax software solutions

• Excellent communication skills both verbal and written with the ability to effectively interact with senior leadership and external stakeholders

• Ability to manage multiple priorities in a fast-paced environment

• Excellent analytical problem-solving and decision-making skills

• Exceptional communication and interpersonal skills

• Experience in the healthtech industry is a plus