Chartered Accountant – Accounting and Taxation Specialist

December 19, 2024
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Job Description

Job Title

Chartered Accountant – Accounting and Taxation Specialist

Employer Details

  • Organization: Foreign Bank (India Operations)
  • Location: Lower Parel, Mumbai

About the Employer

The employer is a reputed foreign bank with a strong presence in India, offering a wide range of banking and financial services. This opportunity provides exposure to global banking practices and compliance standards, ideal for professionals seeking career growth in the financial sector.

Job Summary

We are seeking a qualified Chartered Accountant (CA) with 6–8 years of experience in Accounting and Taxation, including expertise in Direct Tax (DT), Indirect Tax (IDT), and Transfer Pricing. Candidates with a background in the Banking and Finance industry will be preferred.

The role involves managing and ensuring compliance with Indian tax regulations, handling statutory and internal audits, and working closely with regulatory authorities.

Key Responsibilities

Accounting

  • Maintain accurate financial records and ensure compliance with accounting standards (IND AS/IFRS).
  • Oversee month-end and year-end financial closure processes.
  • Prepare and present periodic financial statements to management.
  • Support statutory and internal audit requirements by providing necessary documentation and explanations.

Taxation

Direct Taxation (DT):

  • Ensure timely computation and payment of corporate taxes, advance taxes, and tax deductions at source (TDS).
  • Handle tax filings and assessments, and liaise with tax consultants for tax planning and compliance.
  • Manage corporate tax audits and respond to queries from tax authorities.

Indirect Taxation (IDT):

  • Oversee compliance with Goods and Services Tax (GST) regulations, including returns, payments, and reconciliations.
  • Address GST audit requirements and ensure resolution of discrepancies.

Transfer Pricing:

  • Conduct transfer pricing documentation, benchmarking studies, and filings.
  • Address transfer pricing audit queries and maintain compliance with international tax standards.

Regulatory and Compliance

  • Stay updated with changes in tax laws and accounting regulations.
  • Ensure adherence to RBI, SEBI, and other regulatory guidelines applicable to foreign banks.
  • Prepare compliance reports for submission to regulatory bodies.

Process Improvement

  • Identify areas for improving efficiency in accounting and taxation processes.
  • Implement automation tools and digital solutions for better tax compliance and reporting.

Skills and Qualifications

Educational Qualifications

  • Chartered Accountant (CA) qualification is mandatory.

Experience

  • 6–8 years of experience in Accounting and Taxation (Direct Tax, Indirect Tax, and Transfer Pricing).
  • Preferably from the Banking and Finance industry.

Technical Skills

  • Proficient in accounting software and ERP systems (e.g., SAP, Oracle).
  • Advanced knowledge of tax laws, including Income Tax Act, GST Act, and Transfer Pricing regulations.
  • Strong proficiency in Microsoft Excel and data analysis tools.

Soft Skills

  • Strong analytical and problem-solving skills.
  • Excellent communication and stakeholder management abilities.
  • High attention to detail and ability to work under tight deadlines.

Work Environment

  • Location: Lower Parel, Mumbai.
  • Hybrid or flexible working arrangements may be considered based on organizational policies.

Compensation

  • The compensation will be competitive and commensurate with the candidate’s experience and expertise.

How to Apply

Interested candidates can send their resumes to: Meghna.Paurana-Ranjan@socgen.com or whatsApp to : +91 8879710333