Analyst – US India Firm Tax [Direct Tax (including Transfer Pricing)] - Deloitte Consulting India Private Limited
We are looking for professionals with sound working knowledge in Indian Direct Tax [including Transfer pricing] regulations and international tax law matters.
Team Overview
The USI Firms Tax team is responsible for ensuring entity level tax compliances for all the US India companies, besides catering to the tax essentials and advise to USI companies’ business and enabling functions ecosystems. The team consists of tax professionals with adequate expertise in handling tax matters. This team works in close coordination with the US India (USI) finance, legal and enabling teams besides business teams to ensure optimum tax health of the USI companies in India.
Work you’ll do
The primary area of focus for this position is ensuring Corporate Tax and transfer pricing compliances, supporting with information for defending tax litigation for the group of entities (information gathering), supporting with working on APA and other advisory related work. Responsibilities include compilation /preparation of tax audit reports, income tax returns, transfer pricing report, transfer pricing documentation, any other corporate tax and transfer pricing compliances.
Key Responsibilities include:
- Compilation of data for tax audit and preparation of tax audit report in Form 3CD
- Compilation and preparation of tax computation
- Filling of Income Tax returns
- Form 26AS reconciliation & AIS reconciliation
- Computation of Monthly TDS payments & Preparation and filing of Quarterly TDS returns
- Compilation /preparation of transfer pricing report in Form 3CEB
- Co-management of preparation of TP Documentation including benchmarking study and any other transfer pricing compliance
- Preparing submissions/appeals/letters in relation to direct tax and transfer pricing litigation, appearing before the tax authorities, preparation of supporting work papers
- Coordinating with Auditors for Annual Statutory Audit / Tax Audit and other Internal Audit requirements.
- Compiling periodic MIS reports pertaining to various Tax compliance metrics for appropriate analysis.
- Supervising and controlling tax compliance activities, coordinating for the payment of taxes with finance team members, acting as a liaison person between Finance and Firms Tax team.
- Be available as a contact person for external stakeholders and for liaising Revenue authorities, external Counsels, Tax advisors, etc.
- Assist with training and knowledge sharing within the Firm Tax Team.
- Create and/or update process documentation as processes change.
- Perform other job-related duties as assigned.
Qualifications:
- CA / CS / CMA/ M.COM/LLB with 1 to 2 years’ experience
- Basic understanding of corporate tax and transfer pricing provisions and regulations
- Knowledge about the corporate tax and transfer pricing compliances such as preparation of income-tax return, Form 3CD, TP documentation, Form 3CEB and other compliance forms
- Knowledge about corporate tax and transfer pricing litigation on how to prepare response to income-tax notices (like show-cause notice, CIT(A) submissions, etc.)
- Ability to work independently and work together with a team in an energetic and dynamic work environment
- Proficiency in MS Office (including advanced Excel, Word and PowerPoint skills).
- A self-motivator, a team player cum individual contributor with knowledge of an ERP environment
- Good Communication, analytical skills, multi-tasking, and ability to work under pressure.
- Must be detail-oriented with a commitment to accuracy and quality work.
- Possess strong problem-solving skills with the ability to follow a transaction from beginning to end through various systems and reports.
- Strong written and verbal communication skills
Location : Hyderabad/ Mumbai/ Bengaluru
Timings : 11 AM – 8 PM