AM - IDT

Responsibility Area

Key Activities

Optimization of Tax

Provide inputs on tax liabilities creatively to ensure that the organization s finances are accurately reported and taxes optimized

Executing applicability of taxes and ensuring compliance thereof basis the tax structure policy.

Guiding colleagues with respect of applicability of indirect taxes on various matters as and when required.

Tax Payment

Coordinate within the department for arranging timely payment of all types of Indirect Taxes with in due date.

Coordinating with regional finance team for payment of various indirect taxes within due date.

Reconciliation of credit availed and utilized for payment of indirect tax liabilities.

Ensuring online payment facility is available for all the entities/ projects.

Taxation Process

Evaluating and implementing changes to be made in the accounting system with respect to changes in the indirect tax law / new indirect tax law.

Coordinating with various regional teams for implementation of changes in indirect tax laws / new laws / filing of indirect tax returns.

Filing of various returns pertaining to indirect tax within the due date.

Obtaining various registrations / amending the existing registration of indirect taxes as and when applicable and coordinating with regional teams for registration related requirements.

Review and ensure reconciliation of book entries of various indirect taxes and actual payments, net tax/duties and other taxes.

Preparing of data to the queries / notices received from the department.

Ensuring completion of various audits by the department within the prescribed timeline. Ensuring various audits to be completed within the due date specified.

Ensuring issuing / collection of required Certificates within the due date specified.

Continuously monitor the changes in the tax laws and their implication on Godrej Properties Limited on a consolidated basis.

Provide help and guidance to the Regional accounts manager in the areas of indirect taxation and ensuring that the systems and processes set for taxation are adhered to in the management of tax.

Providing information related to Indirect Taxes for various indirect taxes for annual report, stock audits.

Ensuring that all the cross company transactions are recorded properly along with the applicable taxes.

Ensure compliance with ICFOR for Indirect Tax related matters.

Ensure that all the transactions are recorded on online real time basis with respect to Indirect Tax matters.

Close co-ordination with various departments for matters related to indirect tax.

Guide the regional teams with respect to changes made by Indirect Tax Laws.

Miscellaneous

Any other activity as may be required.

KEY INTERACTIONS:

Internal

External

Site Finance & Accounts representative Tax management support

Auditors (Internal) (Ensure yearly audit of financial management and tax processes)

Payroll

Tax authorities (Tax payments and clarifications)

Regulatory bodies (Compliance)

POSITION SPECIFICATIONS:

Threshold Education Qualification & Experience

Graduate with at least 3 to 4 years experience of handling the Indirect Tax function for the organization

Functional/ Technical competencies

Knowledge of SAP

Understanding of accounting policies

Awareness of latest regulations pertaining to tax, accounting treatments etc

Godrej Capability Factors

Leading Self

Initiative: Drive Ownership, tenacity

Hunger to Learn & Improve: Humility, Growth Mindset, Committed to Change

Emotional & Social Awareness: Maturity, Self Awareness, Influence

Leading Others

Fostering Collaboration: Godrej First, collaborates, Builds Bridges

Leading Business

Customer Centricity: Insightful, Innovates, Delights

Acting strategically: Envision, Frames Issues, Action Orientation

Delivering Results: Commercial Acumen, Execution Excellence, Agility

Institution Building: Role Model, Knowledge Sharing, Shape Culture