Sr. Executive-Finance

Job Title: Sr. Executive - Tax Data Operations

Reports to: Manager - Tax Data Operations

Business Area (OU Group): Tax Data Centre of Excellence

Function / Sub-Function: Finance & Procurement Services

Standard Job Name: Tax data specialist

Work Level:1C

Scope: Global

Location: Bangalore UniOps Centre

Background

UniOps Tax Data Centre of Excellence team in Unilever is responsible for collection, analysis of tax and finance data and performing / supporting tax compliance, tax, tax reporting and tax audit. in the areas related to direct tax, indirect tax, withholding tax and transfer pricing. The team is also responsible for monitoring the tax control framework and co-development of tax related technology infrastructure along with IT team and maintaining Global Process Model (GPM) and exceptions resolution for tax related issues

Main purpose of job:

The Global Tax function has launched the Future of Tax (FOT) transformation project under the Digital Finance umbrella. As part of the Future of Tax project, compliance work related to direct tax, indirect tax, withholding tax and transfer pricing which will be done by Business and Supplier Operations Team, under a new target Operating Model (TOM). The new TOM will involve tax process to be performed across Global Tax team, Country Tax Team, UniOps and 3rd party consultant (Big 4s).

UniOps team’s vision is to build an externally benchmarked, world class Tax Data COE which delivers End to End high-quality, accurate financial information for effective decision making and meeting regulatory requirements.

Guiding Principles for project success

• Drive value by freeing up space within Tax (through effective partnering) to focus on strategy
• Global, standardized, simplified and efficient tax process model
• Flexible, agile and Future Fit sustainable operations
• Ownership mindset with passion for high performance

Key Requirements of the Role

• Computation of VAT, WHT and preparation of Returns.
• Rule based calculations related to CIT tax provision, advance tax and quarterly group reporting
• End to end Management of Tax data with focus on hygiene of master data and transactional data
• Analysis of tax data, trends spot discrepancies
• Strong understanding of underlying accounting entries related to tax
• Ensure tax related payments happen to government / tax authorities as per the timelines in respective countries.
• Ensure tax related controls and compliance are met as per the Unilever control framework
• Closely work with Unilever global tax teams & Outsourced Service Providers regarding latest changes/amendments in various tax laws across the globe.
• Provide documentation / data support on the audit queries raised with analysis performed
• Archiving of documents of all the direct tax related activities from data extraction till filings in company dedicated folders as per ITGC & audit requirements.
• Provide clarification on the tax data provided to relevant stakeholders.
• Support in country tax audits by providing adequate documentation / data support/analysis of data
• Ensure that all agreed KPIs in the tax process are met
• Drive continuous improvement, provide recommendations for a best in class process for direct/indirect tax
• Deploy tools and technology to drive process efficiencies

Other Skills:

Technical Skills

• Strong Knowledge of accounting
• Overview of Direct Tax/Indirect tax/Withholding Tax/ Transfer Pricing
• End user knowledge of SAP (FI module).
• Awareness about Power BI, Tableau and Workflow management tools would be an added advantage.
• Proficient at collecting / querying / consolidating information from accounting / ERP systems.

Soft skills:

• Good in verbal and written communications.
• Should have a positive attitude and should be able to proactively get things done.
• Strong problem solving, and analytical skills
• Good interpersonal Skills - Must have the ability to effectively communicate with personnel at all levels inside and outside of the company.
• Must be a self-starter with proven ability to take ownership of job responsibilities.

Educational Qualifications

• Qualified Accountant ( CA/CMA) with 2-3 years of experience
• Semi qualified CA with 4-6 years of experience
• Work experience in Accounting (R2R) and Finance or Direct Tax/Indirect Tax

Key interfaces

Global Tax Team, Country Tax Team, Country Finance Team, Outsourced Service Provide (Big 4)), Central R2R/P2P/O2C teams, IT team