Job Description

:Hello Visionary!We provide a variety of competitive, innovative, and reliable Record-to-Report services from maintaining financial records to financial closing and reporting.We process, compile, and deliver relevant financial information covering Accounting & Closing, Commercial, Tax and Master Data Services. We deliver maximum value to the business by driving Record-to-Report optimization and digitalization using our entrepreneurial approach. We also support our customers\xe2\x80\x99 current and future business requirements with the help of our high level of process and automation competency.Role Scope: -\xc2\xb7 Ensuring compliance with applicable Indian Direct Tax including Transfer Pricing Regulations.\xc2\xb7 Expeditious resolution of Tax matters when need arises.\xc2\xb7 Internal and external Stakeholder management.\xc2\xb7 Digitalizing tax processes.You\xe2\x80\x99ll make a difference by:\xc2\xb7 Managing full scope of direct taxes for a listed company\xc2\xb7 Preparation and filing of Return of Income, tax audit and transfer pricing requirements as per statutory deadlines.\xc2\xb7 Coordinating with tax auditors/TP auditors/statutory auditors for the purpose of Tax audit/TP audit\xc2\xb7 As per IFRS - Preparation of Effective tax rate and annual computations both current tax and deferred tax for all global entities on quarterly/annual basis.\xc2\xb7 As per Local GAAP - Preparation of tax computations both Current tax and Deferred Tax as per Local GAAP applicable to each jurisdiction for the purpose of statutory financials.\xc2\xb7 Drives digitalization and automation initiatives to enhance efficiency and accuracy of tax compliances and reporting processes.\xc2\xb7 Transfer pricing advisory role to business units.\xc2\xb7 Prepare submissions to tax authorities and attend or organization representation at assessment hearings and Appellate forums.\xc2\xb7 Ensure adequate defense documentation is in place to support the positions taken in the tax return.\xc2\xb7 Ensure best tax accounting practices are followed and maintained.\xc2\xb7 Planning and compliance with Transfer pricing (both customs and income tax).\xc2\xb7 Partnering with the business for the efficient business models and saving opportunities.\xc2\xb7 Participate in tax strategy, restructuring of transactions like formation of entities, acquisitions, disposals, mergers, financing transactions, major spends, offshore / onshore supply and service agreements and so on.\xc2\xb7 Monitor changes in tax laws and regulation and assess their impact on Company\xe2\x80\x99s tax position. Collaborate with cross-functional team including legal, finance, business units to support business transactions from tax perspective.\xc2\xb7 Tax Planning: Assist in tax planning projects and be a major contributor in regional/global projects.\xc2\xb7 Managing taxation of Permanent establishments outside India\xc2\xb7 Communicate results effectively to management and non-financial personnel.\xc2\xb7 Guide other departments by researching and interpreting relevant Tax laws, applying observations and recommendations to operational issues.\xc2\xb7 Provide tax related training and support internal stakeholders to increase tax awareness and compliance within the Company.Your success is grounded in:\xc2\xb7 You must be learner, CA preferred, and you bring 3+ years of experience focused on direct taxes including transfer pricing. Good knowledge and understanding of Accounting Standards and tax provisioning. Finance and Indian GAAP, USGAAP/IFRS, Commercial concepts, Business understanding.\xc2\xb7 Be up to date on tax laws and rules and have an expert level understanding of relevant tax laws and rules.\xc2\xb7 Strong project management skills with the ability to prioritize and manage multiple initiatives simultaneously.\xc2\xb7 Should have a track record of competent handling of complex tax matters.\xc2\xb7 System proficiency and should have operated in ERP based integrated applications; SAP knowledge preferred.\xc2\xb7 Excellent interpersonal and communication skills, with the ability to build relationships with different partners.\xc2\xb7 Behaves in a mature and appropriate manner and shows good judgment.Join us and be yourself!We value your unique identity and perspective and are fully committed to providing equitable opportunities and building a workplace that reflects the diversity of society. Come bring your authentic self and create a better tomorrow with us.This role is based in Mumbai, where you\xe2\x80\x99ll get the chance to work with teams impacting entire cities, countries \xe2\x80\x93 and the shape of things to come.We\xe2\x80\x99re Siemens. A collection of over 379,000 minds building the future, one day at a time in over 200 countries. We\'re dedicated to equality, and we welcome applications that reflect the diversity of the communities we work in. All employment decisions at Siemens are based on qualifications, merit and business need. Bring your curiosity and imagination and help us shape tomorrow.

Siemens