Senior Manager Taxation

Year    Bangalore, Karnataka, India

Job Description


Our Story So Far:Twelve years back, Lenskart was started by a 26-year old entrepreneur - because he wanted to solve the problem of preventive blindness. We had humble beginnings - we spread awareness about eyecare, we took orders for eyeglasses online and shipped them to customers from a warehouse that was the size of a modern-day conference room.As of today, little by little, Lenskart has served 40 Million people across the globe - helping them see better and lead better quality lives. Simultaneously, we\'ve also built ourselves up to be Asia\'s largest eyewear company. We have 10,000+ Lenskartians worldwide, more than 1500 Omni channel stores across 175 cities in India, Singapore and Dubai and cut to 2022 - we are shipping a pair of eyewear every 2.5 seconds, from the world\'s most automated eyewear factory!In 2022, Lenskart partnered with Owndays and took a majority stake in the Japanese-owned eyewear player that has a deep presence in Asia. With this partnership, we have added an additional 400 stores and extended our reach to 13 countries.Our Key Investors:
Softbank, ADIA, Kedaara Capital, Steadview Capital, Premji Invest, Temasek, Holding, KKR, Alpha Wave Ventures, Bay CapitalYou: In Our Next Chapter
We\'ve come a long way but we\'re not there yet."Good is not good enough," you\'ll hear Lenskartians say that often. Our aim is to serve One Billion eyes by 2025 globally. And in this journey, we want to go beyond vision correction to transform the way people see and experience the world. That\'s our new purpose - and we can only get there through cutting-edge technology and exceptional people.About the Role :We are seeking a dynamic and experienced individual to join our finance team as Senior Manager, Taxation. In this role you will be responsible for overseeing all aspects of indirect taxation for Lenskart. This role involves ensuring compliance with relevant tax laws and regulations, optimizing tax processes, and implementing strategies to minimize tax liabilities. The incumbent will collaborate with various departments, such as finance, accounting, legal, and operations, to develop and execute effective tax strategies. Additionally, this role involves staying updated on changes in tax laws and regulations and providing guidance to senior management on potential impacts.Responsibilities:

  • Tax Compliance:
Ensure compliance with all indirect tax laws and regulations, including but not limited to VAT/GST, sales tax, excise duty, and customs duty.Prepare and submit accurate and timely indirect tax returns and reports to the relevant tax authorities.Monitor changes in tax laws and regulations and update internal policies and procedures accordingly. * Tax Planning and Strategy:Develop and implement strategies to minimize indirect tax liabilities while maintaining compliance.Analyze business transactions and provide guidance on tax implications.Identify opportunities for tax savings and efficiencies. * Process Improvement:Streamline tax processes and procedures to enhance efficiency and accuracy.Implement automated solutions and software tools to improve tax compliance and reporting.Collaborate with cross-functional teams to integrate tax considerations into business processes. * Risk Management:Conduct regular audits and reviews to identify potential areas of non-compliance or tax risk.Implement internal controls to mitigate tax risks and ensure accuracy of tax filings.Provide recommendations for mitigating tax risks and improving compliance. * Stakeholder Management:Communicate effectively with internal stakeholders, including finance, accounting, legal, and operations teams, to ensure alignment on tax strategies and compliance requirements.Liaise with external tax advisors and authorities as necessary to address complex tax issues or disputes.Educate and train employees on relevant tax laws, regulations, and compliance procedures. * Reporting and Analysis:Prepare and present periodic reports on indirect tax compliance, liabilities, and savings initiatives to senior management.Conduct financial analysis to assess the impact of tax changes on business operations and profitability.Provide insights and recommendations based on tax data analysis.Master\'s degree in accounting, finance, or a related field. CA, CPA preferred.10+ years of progressive experience in tax compliance and planning, with a focus on both domestic and international taxation.Extensive experience in indirect taxation, including VAT/GST, sales tax, and customs duties * Strong knowledge of tax laws, regulations, and accounting principles.
  • Experience with tax software and financial systems.
  • Excellent analytical and problem-solving skills.
  • Demonstrated ability to adapt to changes in tax regulations and business environments.

Lenskart

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Job Detail

  • Job Id
    JD3447715
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Bangalore, Karnataka, India
  • Education
    Not mentioned
  • Experience
    Year