Direct Tax Manager

Location: Delhi
Specialization: Accounting / Tax / Company Secretary / Audit
Sub Specialization:

We have an opportunity with our esteemed client, Telecom giant based in Delhi NCR for a Direct Tax Accounting role.

 

Job Description: Direct Tax Accounting Manager

 

Working Experience

 

Must have: 

a)      At least 4-5 years of work experience in direct tax role post CA (Chartered Accountant).

b)      Understanding of Direct Tax laws and computations. Not necessarily the knowledge of Africa Tax laws but overall knowledge of key tax accounting principles i.e.  Deferred tax and Current tax accounting etc.

c)       IFRS understanding is must.

d)      Handling any tax automation projected will be a big plus

**He/She must be from Big 4 audit firms

 

 

 

Job Title:  Direct Tax Accounting

 Job Level:  Manager

Function:  Finance

Location : Gurgaon

Reporting to : Head Tax Accounting

Date :

Purpose of the Job

1)      To review all process and controls around direct tax accounting (Current and deferred tax) , book closure and reporting for 14 OPCOs for direct tax.

2)      Major focus on DTA accounting and help OPCOs on preparation of DTA schedules , PL-BS movement of DTA components on monthly basis

3)      Part of key team for Tax accounting automation across OPCOs and also partner with Oracle to review on automation across OPCOs

Deliverables (Maximum 5-6 key responsibilities)

1)      Review of existing policies and processes related to tax accounting , Deferred tax assets and assess if any change required to align with standards released by competent authorities in the respective local jurisdictions and IFRS

2)      To do tax monthly closing , finalizing ETR and tax schedules, sharing report with all the stakeholders for variance analysis at respective OPCO and consol level within the agreed timelines 

3)      Review of Deferred Tax Assets Schedules submitted by Opco’s on regular basis and reconciliation with Books based on PL-BS approach 

4)      To support on automation on Tax and liaise/co-ordinate with OPCO tax , OPCO FR team and Oracle team on monitoring implementation

Major Challenges :

         He/she has to ensure that financials numbers reported for Direct Tax Expenses, (current & deferred tax) are correct at each OPCO level and accounting is done based on defined AGs at every month end

         Getting the audit done for tax accounting without any major issue

         To deal with Tax Manager & FR heads across 14 OPCOs in Africa (Anglo and Franco countries ), HQ tax team who are not directly reporting to incumbent but who are directly influencing the quality of work , accounting and have significant role to play in accuracy of results