Posted By
Posted in
Banking & Finance
Job Code
1600626

Purpose of Position - Manger Taxation in Finance organization, GVR India
- GVR India is seeking a Manager Taxation to lead the tax related responsibilities at Mumbai location.
- Reporting to the Financial Controller, he/she will be responsible the tax compliances of the Company - direct, indirect, transfer pricing, litigation and export regulations.
- The incumbent will oversee all preparations and support for the accounting and reporting for taxes, audits and assessmentsforstatutory and group reporting.
- It is expected that he/she provides strategic inputs for tax planning and positioning in India markets.
- The tax lead will have future opportunities to take on expanded leadership roles within the GVR and / or Vontier organization.
Key Responsibilities:
The role and responsibilities will include:
Tax compliance:
- Oversee the accurate calculation and timely payment of taxes.
- Filing of various tax returns and forms.
- Ensure compliance with the tax laws, both existing and changes - direct and indirect (income tax, GST)
- Accounting of the abovesaid taxes in the applicable GAAP.
- Prepare and review tax provisions and other disclosures for financial reporting.
- Tax reporting to GVR/Vontier Corp for group reporting.
- Tax audits and assessments.
- Handle all inquiries from tax authorities and audits
- Oversee the preparation of documents and supporting to be submitted.
- Respond to queries and prepare for tax audits and assessments.
- Work with the controlling and FP&A team to report risk, contingent liabilities and countermeasure the same.
Tax planning and strategy:
- Develop and implement strategies to optimise tax liability of the Company.
- Undertake analysis to support business decisions-making.
- Collaborate with the broader finance and business teams to align tax planning and strategy to business goals.
- Monitor changes in tax laws and regulations to escalate risks and opportunities.
- Business advisory and partnering:
- Provide tax advice to management and stakeholders for transactions and operations.
- Oversee the inter-company set up of global COE.
Other tax related:
- Compliance to transfer pricing rules, both local and GVR/Vontier requirements and ensuring arms-length pricing, billing and recovery across business areas
- Knowledge of foreign trade laws, EXIM, FEMA and GCC/COE and EOU set-up is required.
- Controls and compliance - maintaining track of compliance, litigation matters and escalating the same.
- Provide support to HR on employee payroll taxes including employee TDS deduction.
Others:
- Work closely with advisors and consultants for optimising Company taxation.
- Tax-related assistance in mergers, acquisition and other Corporate projects of Vontier/GVR processes.
- Practice Vontier Business Systems VBS by identify and drive continuous improvements through Kaizen.
Qualifications requirements:
To be a good fit for this opportunity you will have:
- Chartered Accountant with eight-twelve years of overall experience in finance, accounting or controlling with at least five years in taxation: direct, indirect.
Transfer pricing and assessments/litigation:
- Should be well conversant with tax laws, changes and new developments.
- Experience in manufacturing set-up and MNC background.
- Exposure to plant accounting, costing, FP&A, and other areas of finance will be considered an added advantage.
- Knowledge of ERP and reporting systems (preferably, SAP and Hyperion) will be considered an added advantage.
- Should demonstrate strong financial acumen, critical thinking, problem-solving thinking skills and the ability to make decisions.
- Highly analytical, data and detail-oriented with ability to make decisions and work autonomously.
- Advanced Excel skills, command over MS Office applications and affinity to make presentations, as and when required.
- Strong compliance orientation to Vontier core value, tax laws, GAAP requirements, policies, SOX requirements.
- Excellent communication and people skills, ability to interact effectively with diverse levels and functions and build solid-long term relationships.
- Experience of managing teams with proven record in employee engagement.
- Effective oral and written communication skills, including the ability correspond with consultants and tax to convey technical financial information to non-financial people.
Relationships:
- Reports to India Finance Director.
- Manage a team of internal and external tax resources including advisors and consultants.
- Strong working relationship with segment heads and cross functional teams.
- Close interface with factory, business and COE teams at various levels.
- Interface with other Corp GVR/Vontier and other Inter-Companies, as required.
Personal Trait Profile:
- Accountable: Ability to prioritise, work under pressure and deliver on commitments.
- Collaborative: Strong collaborator and working together to achieve common purpose.
- Agile and pioneering: Self-aware and strong learning agility with a proactive mindset to ensure continuous growth.
- Customer-driven: Understand customers and stakeholder requirements, set high standards and deliver to exceed their expectations.
- Integrity: High personal integrity and operate in line with Vontier's Standards of Conduct.
- Inclusiveness: Value each stakeholder and ensure growth for all.
Measures of Performance:
- Reporting deliverables which are time-based and error-free.
- Achieving accounting KPIs.
- Ensuring processes, systems, and risk management to meet control and compliance requirements.
- Reviews and audits without adverse comments and action-items to address findings.
- Collaboration and support to business.
- Team building and development.
- Continuous improvement in processes.
Education & Experience:
Total Experience in years: 8+
Graduation/ Degree: Bachelors / Graduate
Post-Graduation/ PGDM: CA
Mandatory Certifications Required: NA
Background and Skills - already elaborated:
- Accountability
- Time management
- Adaptability
- Creativity
- Strategic, tactical
- Decision-making
- Problem-solving
- Conflict resolution
- Out of box Thinking
Mentorship:
- Team building
- Delegation
- Team management
- Training and development
- Motivation
- Inclusion and growth
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Posted By
Posted in
Banking & Finance
Job Code
1600626