Supervisor Tax

Supervisor Tax
Компания: Omnicom
Город: Mumbai
**POSITION SUMMARY:** The Tax Supervisor is responsible for performing activities related to activities related to Indirect Tax & Statutory compliance procedures for Good and Service tax (GST), Withholding Tax and Corporate Income tax across multiple entities of the Group. **ESSENTIAL FUNCTIONS:** * Calculation, filing preparation and remittance - GST, TDS/ Withholding tax * Ensuring all Monthly/Annual returns in Form GSTR 1, GSTR 3B, GSTR 6 (ISD) and GSTR 9 and 9C are filed within the due dates * Preparation of outward GL and outward report working file. Reconciliation of such working files i.e. Outward report and Output liability GL accounts * Preparation of inward GL and inward report working file. Reconciliation of such working files i.e. Inward report and inward GL accounts * Discussions with relevant teams in case of differences between outward register and the IRN portal data * Review of errors/ observations for outward and inward transactions * Co-ordination and discussions with agencies and relevant SSC teams for resolving the errors/ observations * Review of ITC matching files which includes the following – * Review of split-booking transactions * Review of invoices for resolving the transactions with document number mismatch and document date mismatch * Preparation of dashboard workings to ensure that the liability is discharged correctly in the monthly return * Review of 180 days deferment report shared by EY along with the interest workings * Timely payments to tax bank accounts and vendor related TDS payments processing * Support team members and Senior team members with audits – GST, client’s audit. * Prepare/ Review Vendor and Employee quarterly e-TDS processing and monthly remittances * Support Local Finance in Tax compliance documentation as required. * Liaise with tax consultant on ongoing matters such as Show Cause Notice, hearings with department, etc. * Review Corporate Income Tax calculation. * Review documentation prepared for filing of withholding tax * Prepare agencies with supporting documentation as per the local tax & statutory requirements * Prepare annual financial statements * Review Withholding tax calculation and filing preparation * Review 26AS Income tax provision, filing, and remittance * Income tax assessment and audit * Calculate roll forward of deferred income taxes and accrued income taxes payable * Estimate annual effective tax rate calculation * Ensure timely preparation of Other IPG Tax Reporting Schedules * Perform transfer pricing audit and assessment reconciliation * Update and send for TL review Month/Quarter end Tax compliance check list. Other activities: * Resolve Agency Local Finance queries within defined timelines by meeting SLAs agreed * Assist client and external audit process when necessary * Supervising activities within process * Assisting Team Leads in productivity and work load management for their respective areas * Supporting TLs in Leave and Attendance management for their respective areas * Cross training activities * Act as Subject matter experts within the team. **EDUCATION, SKILLS AND EXPERIENCE REQUIREMENTS:** Essential * 5-8 years of work experience in a similar role * Experience in Advertising and Media industry preferred * Minimum Education Qualification – B. com/M. com with Chartered Accountant or other equivalent post qualification * Management of a high transaction volumes business, with good knowledge of associated controls and procedures * Knowledge of statutory requirements in relation to Tax & Compliance * Ability to provide high level of customer service for the R2R process * Strong written and oral communications skills in English * Strong problem solving, team management and organizational skills * Experience in managing people and processes through a sustained period of change * Excellent computer skills and competency in Microsoft Office (Word, PowerPoint, Excel, Outlook) * Experience in Tax compliance tools, AI and Automation tools, S4 HANA, MS Dynamics or similar ERP systems A distinct advantage: * Experience working in a Shared Services Centre focused on Finance & Accounting activities * Experience in document imaging software like SharePoint * Good knowledge of working with Government Portal and integrating with ERP.