Assistant Vice President, Specialist - Tax, Finance

Business Functions

Finance aims to deliver world-class standards in reporting, financial planning and finance processes. We provide insights and analyses that help the bank make sound business decisions - whether in the areas of product development or customer profitability. We also provide capital management, business planning, forecasting, and tax and accounting advisory services.

Job Purpose

• This position will take responsibility assisting in managing tax function of the Bank branches In India and other Group Entities - specifically assisting on Advisory /litigation management and overseeing compliance of Goods and Service Tax (GST) (Compliance/ Advisory/Audit/Assessment/Litigation).

Key Accountabilities

• Liaise with Business units / support units (Ops/HR/AP/Finance etc.) and provide support for GST compliance, GST audit and reconciliation of GST returns with financial books,
• To provide practical approach (within the boundary of Law) while advising to Business Units on various initiatives, launch of New Products, outsourcing model, etc.
• Liaise with Banking Forums / Peer Banks / Indian Bank Association and provide inputs on various representation prepared in relation various industry issues,
• Liaise with Information Technology team to incorporate all system related changes to be done relating to GST and regular compliance thereafter,
• Ensuring GST state specific compliance (Registration, Tax Payments, Returns etc.)
• Maintaining all records, accounting, filing and interacting with the relevant departments, either directly or through consultants.
• Liaise with Tax Consultants (on need basis) on various issues / advices to be taken on GST.
• Liaise with tax dept. on various queries, handling current and new litigation, various departmental EA-2000 audits, CERA audits / advising ops/AP/Finance/HR team on preparing submissions in line with tax queries.
• Assisting on other tax matters viz. Service tax, Income tax and Transfer Pricing.
• Actively participating in initiatives which result from changes in process or changes in environment in the area of indirect taxes.

Experience

• Knowledge of law and practice of Indirect tax (knowledge of Income Tax and Transfer Pricing will be added advantage)
• Working knowledge of the overall banking environment and products and applicable regulations
• Relevant experience of 8 /9 years or more

Education / Preferred Qualifications

• Chartered Accountant and Tax professional

Core Competencies

• Working knowledge of Taxation.
• Proficient in effective communication (written & oral) with management, staff and external authorities.
• Working knowledge of MS office application (word, excel and PowerPoint)
• Well versed with other systems viz. GSTN Portal.

Technical Competencies

• Expert & updated knowledge in law and practice of Indirect Tax. Knowledge of Income Tax and Transfer Pricing will be added advantage

Work Relationship

• Strong working relationship with all units.
• Interaction with Group Tax personnel at Head Office

We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.