Job Description
<p>Title: Tax Lead India</p>
<p>Scope: Market</p>
<p>Reports to: India CFO</p>
<p>Location: Mumbai, India</p>
<p>Terms & Conditions: Full time, local terms</p>
<p>If you are in the Unilever Ice Cream business or are considering working for the Unilever</p>
<p>ice Cream business, you will work for the global, leading Ice Cream player with €8bn</p>
<p>Turnover in 2023. The Ice Cream business is operating in a highly attractive category, as</p>
<p>we are part of the 1 trillion snacking and refreshment industry, growing consistently at</p>
<p>high pace. We have strong brands equities: 5 of the top 10 selling brands including</p>
<p>Wall’s, Magnum, Ben &Jerry’s. We are investing to unlock the full growth potential of Ice</p>
<p>Cream as a standalone entity, once we separate from Unilever, which is planned to</p>
<p>happen by November 2025. Ice Cream has distinct characteristics from Unilever’s other</p>
<p>operating businesses and the growth potential of Ice Cream will be better delivered</p>
<p>under a different ownership structure.</p>
<p>We are committed to developing and nurturing talent within our Ice Cream company.</p>
<p>You will have ample options for career growth and exploration, allowing you to explore</p>
<p>roles and opportunities across the new organisation. Your career development will be a</p>
<p>priority for us, and we are dedicated to supporting your growth journey within the new</p>
<p>company.</p>
<p>We hope that you will want to build the new chapter of our Ice Cream history</p>
<p>together with us.</p>
<p>ABOUT ICE CREAM: Life Tastes Better With Ice Cream</p>
<p>Unilever Ice Cream is the largest global Ice Cream Company in the world, with over 100</p>
<p>years of experience delivering a diverse range of indulgent, yet responsible, craft food</p>
<p>experiences and treats delighting consumers. Committed to innovation, quality, and</p>
<p>sustainability we have 35 brands, including 3 one billion Euro brands (Magnum, Wall’s,</p>
<p>Ben & Jerry’s), a strong presence in over 60 countries, generating annual revenue of €8</p>
<p>billion. All brands are driven to transform moments into memories through indulgent yet</p>
<p>responsibly made and marketed products. We have a well-developed strategy to deliver</p>
<p>growth and value creation which is clear on where to play and how to win.</p>
<p>We turn the ordinary into the extraordinary by designing unique and innovative Ice</p>
<p>Cream experiences that make life taste better, creating joyful experiences. In our Ice</p>
<p>Cream business, we’re crafting the future through innovation and imaginative minds,</p>
<p>creating unique products. We spark moments of happiness for people and within the</p>
<p>communities where we operate. However, it is not as simple as it may seem. As IceCream makers we are serious about happiness. With warm hearts, we create the</p>
<p>coolest products.</p>
<p>Ice Cream Finance: Leading for a winning, trusted and investible global ice cream</p>
<p>market leader</p>
<p>This is your chance for a ‘once in a lifetime’ career experience, playing a part in the</p>
<p>creation of a fully independent, new Ice Cream organisation...in what will be the</p>
<p>Ultimate Pleasure Food company.</p>
<p>We are seizing this unique opportunity to reset the role of Ice Cream Finance. Together</p>
<p>we will become the best and most admired finance team in the world, and we’ll do</p>
<p>this by focusing on value creation, trailblazing future-fit financial processes and</p>
<p>technology, and by becoming a training ground for financial craftmanship that will be</p>
<p>the envy of everyone.</p>
<p>Just imagine the benefits of working within a single category, where everyone and</p>
<p>everything is laser-focused on the same goal, where there's opportunity to develop deep</p>
<p>and wide understanding of the business economics and international ecosystem of a</p>
<p>single category, and to translate that into value creation.</p>
<p>The role of Ice Cream Finance in this momentous moment is staggering, exciting, and</p>
<p>yes...a little daunting, which is why we are looking for empowered and accountable</p>
<p>decision makers who are keen to take on end-to-end responsibility; if you are a self-</p>
<p>starter who identifies opportunities, takes initiative, and innovates to create value, who</p>
<p>is proactive, resourceful and comfortable with challenge and uncertainty, you will thrive</p>
<p>with us. In return, you will be rewarded with a rich finance role, no matter where you are</p>
<p>in your career, and within an environment that’s both fulfilling and fun...after all, life</p>
<p>tastes better with Ice Cream!</p>
<p>Purpose</p>
<p>The Tax Director is responsible for all tax matters in India. Tax matters include meeting</p>
<p>all statutory obligations for all taxes on time in all countries, meeting all reporting</p>
<p>obligations and implementing local, regional and global tax initiatives in line with Global</p>
<p>policy, instructions and guidelines, in order to create and protect tax value for IC</p>
<p>Key accountabilities</p>
<p>The Tax Lead has the following 4 key areas of responsibility conducted in line with Ice</p>
<p>Cream Tax Principles:</p>
<p>• Management of the local tax function & relationships</p>
<p>• Advice and support for the CFO, country finance leads & other business partners• Compliance with all tax obligations of the countries including but not limited to</p>
<p>corporate tax, dividend withholding tax, GST, customs, other indirect taxes</p>
<p>including pre GST era taxes, and withholding taxes on local and cross-border</p>
<p>payments</p>
<p>• Tax risk management and reporting</p>
<p>Management of the tax function & relationships</p>
<p>The Tax Lead will specifically be expected to leverage economies of scale where</p>
<p>possible, through the Future of Tax transformation programme, which optimises the use</p>
<p>of automated tax tools, pooling of resources and outsourcing. The Tax Director builds</p>
<p>and maintains relationships with advisors in the region and relevant Unilever</p>
<p>employees, in order to access high quality advice, operational excellence, accuracy and</p>
<p>compliance with global policy.</p>
<p>Activities:</p>
<p>• Organises the tax function of the countries including the trade-off between the</p>
<p>use of in-house vs bought in resources, taking economies of scale into account</p>
<p>• Addresses training / educational needs of internal resources, implementing the</p>
<p>tax development and training agenda</p>
<p>• Develops the peer network in the countries</p>
<p>• Participates in representation of IC in business and industry organisations</p>
<p>Advice and support</p>
<p>The Tax Lead gives advice and support concerning all tax aspects of business</p>
<p>operations in the country, in order to optimise tax efficiency of business initiatives,</p>
<p>create awareness of tax inefficiencies, realize compliance and provide high quality</p>
<p>decision support.</p>
<p>Activities:</p>
<p>• Business partners the CFO & team and legal boards advising on the tax impact of</p>
<p>business strategy and decisions as well as day to day operations, including</p>
<p>identifying fiscal incentives and opportunities; advice covers all taxes including,</p>
<p>but not limited to, direct tax, indirect tax and employment taxes</p>
<p>• Supports regional projects (business models, supply chain, treasury, global</p>
<p>contracts etc) by advising on the tax aspects thereof relevant to the countries</p>
<p>• Monitors, supports and advises on transfer pricing issues in countries, working</p>
<p>with the Global Transfer Pricing teams (related party transactions include</p>
<p>purchases and sales of raw materials, semi-finished and finished goods; brandand technology royalties, centralised cost recovery inbound and outbound, R&D</p>
<p>activities, shared services)</p>
<p>• Advises on cross-border tax issues (transfer pricing, withholding taxes, tax</p>
<p>deductibility etc) relevant to the country</p>
<p>• Contributes actively to the Global Tax agenda and supports the implementation</p>
<p>of the Global Tax Strategy .</p>
<p>• Analyses the impact of changes in relevant domestic and international taxation</p>
<p>rules</p>
<p>• Engages proactively with relevant industry and governmental bodies to make</p>
<p>meaningful contributions to the development of tax policy/legislation</p>
<p>Compliance and Controversy</p>
<p>The Tax lead is responsible – with support from the country finance teams and the</p>
<p>shared service Tax Data team – for the timely, accurate and complete delivery of tax</p>
<p>compliance, in line with Global policy.</p>
<p>Activities :</p>
<p>• Responsible for the delivery of tax compliance, including local management of</p>
<p>outsource providers in conjunction with the global outsourcing steering</p>
<p>committee</p>
<p>• Monitors level of compliance and adequacy of tax controls in the countries</p>
<p>• Understands implications of changes in tax laws on business operations in order</p>
<p>to ensure accurate and timely tax compliance</p>
<p>• Ensures that adequate documentation / data is created and maintained for tax</p>
<p>advisory and audit purposes, working with GBS Tax Data team as part of the</p>
<p>Future of Tax transformation</p>
<p>• Negotiates audit settlements consistent with IC overall tax strategy and authority</p>
<p>schedules</p>
<p>• Responsible for tax litigation,</p>
<p>• Builds strong and co-operative relationships with tax authorities and</p>
<p>governments, in line with the Global Tax Principles</p>
<p>• Leads intelligence enquiries including on-site investigations</p>
<p>Risk Management, reporting & forecasting</p>
<p>The Tax lead is responsible for the proper assessments of current and future tax risks in</p>
<p>IndiaActivities :</p>
<p>• Monitors and manages items which may lead to uncertain tax provisions or</p>
<p>exposures, and reports to senior management in country</p>
<p>• Provides information to group tax, supports development of one year and</p>
<p>quarterly forecast of the ETR and cash tax, as well as longer-term forecasts.</p>
<p>• Provides technical expertise to ensure accurate tax booking/accounting for IFRS</p>
<p>and local GAAP</p>
<p>• Overall responsible for the accurate and timely tax reporting processes as part of</p>
<p>IC recurring quarterly group accounting tax processes (including documentation</p>
<p>as required by IC auditors)</p>
<p>• Responsible for tax reserves/provisions</p>
<p>• Interacts with Internal and External Audit as required</p>
<p>• Accountable to IC audit committee on tax management</p>
<p>Skills</p>
<p>• India tax qualified with 8+ years experience, covering compliance, advisory and</p>
<p>reporting</p>
<p>• Substantial international tax experience</p>
<p>• Experience across corporate tax, indirect taxes, international tax, transfer pricing</p>
<p>• Excellent communication skills (written and oral)</p>
<p>• Strong ability to work in cross-functional teams</p>
<p>Education Qualifications</p>
<p>Chartered Accountant or Tax lawyer</p>
<p>Reporting Structure</p>
<p>The role will report to the India IC CFO and will be part of the India IC Finance</p>
<p>Leadership Team.</p>
<p>ARE YOU EXCITED TO CRAFT THE ICE CREAM FUTURE?</p>
<p>Unilever embraces diversity and encourages applicants from all walks of life. This</p>
<p>means giving full and fair consideration to all applicants and continuing development of</p>
<p>all employees regardless of age, disability, gender reassignment, race, religion or belief,</p>
<p>sex, sexual orientation, marriage and civil partnership, and pregnancy and maternity.Interested candidates are invited to submit their resume and cover letter detailing their</p>
<p>relevant experience and qualifications to Unilever's career portal.</p>
<p>We take pleasure seriously. Join the Ice Cream team now!</p>