Manager- Finance & Accounts (Vat)

Employer
Confidential
Location
Mumbai
Posted
Jul 26, 2024
Closes
Sep 22, 2024
Ref
4796439140
Level
Manager
Certification
Other
Work Mode
Work from office
Hours
Full Time
Organization Type
Corporate
Job Description :

Educational Qualifications: CA in 1st or 2nd attempt, service Tax, Income Tax experience, general accounting knowledge preferably sales accounting. VAT expertise is a must.

Years of experience: 1- 2 years in big 4 company s

Other additional requirements: Good spoken and written English. Especially required to draft written replies/ letters to the tax department

Key Responsibilities:

VAT

Review of VAT return for Maharashtra/ Northern states before filing

Documentation and appearance before tax authorities for completion of assessments

Review of cost cards to ensure right taxes taken - VAT, state excise etc.

Periodical review of Tax Structure on Sales Invoices to ensure it is tax compliant

Provide support on various vat/ sales tax/ Central Sales Tax matters to sales admin and sales team working closely with the CFO

Study the Act & Rules and providing solutions to complex tax problems For e.g. free issue of products on sale invoice, treating discount

Identify new and assist CFO in various Tax planning initiatives

Central Tracker for all pending C form/ F form to ensure no demand raised in tax assessments on the company

Advising winery on various vat matters including vat credit, documents to be maintained for vat compliance etc.

In case of any demand raised/ show cause notice raised to prepare and file appropriate reply to VAT authorities

Dealing with VAT consultants

Review VAT refund documents and keeping track & follow up for pending VAT refunds.

Service Tax

Review of all service tax paid and prepare/ ensure timely filing of Service Tax return

Work with CFO on opportunities to tax structuring and tax planning

Income Tax & TDS

Advise on technical matters TDS applicability, returns, assessments

Review Tax computation and working of the company

Sales Finance

Work with Sales Finance Manager on implementation of initiatives such as PSBC for distributors

Work with sales in helping in implementing credit policy & credit limits

Surprise audits

Skills: Tax Planning, Costing, Service Tax, Tds, Accounting, Documentation, Finance, Vat, Sales Accounting, Audits, Income Tax, Tax Compliance, Taxation

Experience: 1.00-2.00 Years