Assistant Manager - Direct Tax

Job Summary

The Assistant Manager - Direct Tax will play a crucial role in ensuring compliance with direct tax regulations and managing tax-related processes for the organization. This position is responsible for overseeing tax submissions, liaising with tax consultants, and ensuring that all tax liabilities are accurately recorded and settled. The role contributes to the organization's financial integrity and compliance with tax laws.

Responsibilities

• Ensure compliance and timely submissions of all direct tax-related documents.
• Calculate advance tax and final tax liabilities for all entities on a quarterly and yearly basis.
• Liaise with tax consultants to resolve queries and ensure tax compliance for all projects.
• Review business transactions to ensure appropriate tax impact recording and liability settlement.
• Administer direct tax processes, including corporate tax, transfer pricing, tax audits, and payroll tax work.
• Lead tax planning and management assignments, ensuring effective coordination.
• Obtain all statutory numbers related to Direct Tax, such as PAN and TAN, and manage TDS and Income Tax returns.
• Develop and maintain effective relationships with tax authorities and internal teams.
• Prepare deferred tax charges and analyze key tax drivers.
• Assist in the formation and modification of tax processes and systems.
• Update finance colleagues on direct tax-related changes, including budgetary impacts.
• Support the Head of Tax on advisory and special projects.
• Provide structuring solutions for new and existing deals from a Direct Tax perspective.
• Assist senior management with proposals and business development calls.
• Ensure proper tax filing and document retention for compliance matters.
• Supervise, train, and mentor associates and interns on tax projects.
• Interact with the regional finance team to ensure timely compliance with tax regulations.
• Conduct analysis of existing systems and processes to suggest improvements.

Qualifications

• Educational Requirement: Chartered Accountant (CA) with 2 to 3 years of experience in Direct Tax / Taxation.
• Strong knowledge of direct tax compliance and accounting for the construction industry.
• Proficient in MS Office, particularly Excel and MS Project.
• Excellent written and oral communication skills.
• Attention to detail and a practical approach to problem-solving.
• Client-focused with commercial awareness.
• Motivated to continuously develop technical and client relationship skills.
• Experience in domestic structuring assignments.

Preferred Skills

• Ability to work collaboratively as part of a team.
• Strong leadership skills and the ability to remain calm under pressure.
• Analytical skills to solve complex tax engineering issues.

Experience

• Hands-on experience in an organization with a turnover of at least INR 100 Crore.

Environment

• Job Location: Mumbai
• Work Type: Full-time
• Work Mode: In-office

Key Interactions

• Internal: Finance and Accounts team at head office and region, Business Development Team.
• External: Tax Authorities, Tax Consultants.