IN - Associate - Financial Services - Financial Services - TRS - Mumbai

Line of Service
Tax

Industry/Sector
FS X-Sector

Specialism
Operations

Management Level
Associate

Job Description & Summary
A career in our Financial Services Tax practice, within Corporate Tax services, will provide you with the opportunity to help our clients meet their tax obligations while managing the impact tax has on their business. You’ll advise clients on their local and overseas tax affairs, while acting as a strategic consultant related to business analysis, managing working capital, and profit sharing for partners. You’ll also help organisations understand the pricing implications of goods and services between related parties, as well as providing advice on tax implications of deals.

Our team helps our Financial Services clients navigate the frequently changing and complex national and international tax environment related to stringent capital requirements, management of operational tax risks, and tax implications of investing in different jurisdictions. You’ll help our clients with their tax structuring while helping to address the challenges of the continuously changing tax world, both locally and globally.

* Why PWC

about us.

At PwC, we believe in providing equal employment opportunities, without any discrimination on the grounds of gender, ethnic background, age, disability, marital status, sexual orientation, pregnancy, gender identity or expression, religion or other beliefs, perceived differences and status protected by law. We strive to create an environment where each one of our people can bring their true selves and contribute to their personal growth and the firm’s growth. To enable this, we have zero tolerance for any discrimination and harassment based on the above considerations.

Job Description & Summary

A career within Financial Services services, will provide you with the opportunity to help our clients leverage Financial Services to enhance their customer experiences.

*Responsibilities:

The tasks, roles and responsibilities pertaining to the job role of an Associate will include the following:

• Assisting in deals advisory projects involving purchase and sale of securities and undertaking technical research, drafting memo and presentations from a tax perspective.
• Review of transaction documents as a Deal advisor such as share subscription agreements, share purchase, agreements, constitution document of entities. To facilitate deal closure in a timely manner.
• Assisting India and foreign private equity funds in setting up their investment holding structure for undertaking investment.
• Analysing and interpreting provisions of the Income-tax Act, 1961 Foreign Exchange Management Act, 1999, SEBI regulations, Companies Act, 2013 and DTAA as a part of deal advisory projects
• Preparing and reviewing of tax computations - withholding tax computation, advance tax, tax returns etc.
• Assisting in tax assessment including preparing the submissions to be made before the tax authorities and assisting in representations. Accompanying seniors for the tax hearings as and when needed
• Tracking changes in regulations on a continuous basis, preparing update mails, news alerts etc.
• Maintaining strong control on facts and figures for all assignments working upon
• Regular interaction with client contacts
• Developing strong working relationships with colleagues across service lines (tax, assurance, etc.) and across different PwC locations
• Ensuring continuous compliance with all the risk and quality management standards of PwC
• Assisting seniors in sign offs, raising the invoices, arranging debrief meetings and following up with clients for payments, etc.
• Overseeing the work of Analysts and Senior Analysts

*Mandatory skill sets

Working in this discipline will see an Associate working on engagements and teams (sizes of which will vary depending on client/project).

To qualify for the same the Associate will need:

• To be a Qualified Chartered Accountant with 0-2 year of relevant experience
• Good knowledge of direct tax
• Knowledge of the current developments and impact of the same Deal advisory tax practice
• Basic knowledge FEMA/Company law preferred
• Efficiency in MS office
• Other prerequisite skills include:
• Ability and inclination to read and interpret the law
• Ability to discuss basic technical issues, ask appropriate questions and gather relevant information from the client
• Ownership and responsibility of tasks delegated
• Demonstrating innovative and critical thinking in handling projects
• Excellent written and verbal communication skills
• Strong analytical and numerical skills
• Well-rounded commercial and economic awareness and understanding of the financial markets
• Good interpersonal and networking skills
• Passion for client servicing
• Number crunching ability

*Preferred skill sets

Direct tax

*Year of experience required

• Minimum 2- 4 years of Direct tax experience

*Educational Qualification

• Chartered Accountant

Education (if blank, degree and/or field of study not specified)
Degrees/Field of Study required: Chartered Accountant Diploma

Degrees/Field of Study preferred:

Certifications (if blank, certifications not specified)

Required Skills
Direct Tax

Optional Skills

Desired Languages (If blank, desired languages not specified)

Travel Requirements
Not Specified

Available for Work Visa Sponsorship?
No

Government Clearance Required?
No

Job Posting End Date