Description

Detailed review and GL account reconciliation of current and deferred tax on a quarterly basis, with explanations and corrective action taken for any discrepancies. Posting the quarterly current and deferred tax accounting entries Working closely with the Finance team to advise on the correct accounting treatment of tax cash (payments and refunds) Quarterly calculation of deferred tax adjustments ie deferred tax on intangible fixed assets Review of withholding tax accounting, and quarterly reconciliation of withholding tax GL accounts Liaising with overseas tax accountants as required to confirm local accounting treatment versus IFRS and other matters required to understand the regional tax accounting entries Track, review and update the treatment of deferred tax on losses at the end of each quarter Tax Compliance Ensure that tax returns as completed by external advisors are filed with the tax authorities on time in each jurisdiction Maintain control of the tax compliance tracker and highlight in advance when returns are coming due Ensuring that tax payments are made in accordance with payment deadlines Handling of finalization of income tax-returns. Filing of income tax forms (quarterly/ half yearly/ annual) Data preparation & completion of Tax Audit, Transfer Pricing Audit. Handling tax assessments and litigation before appellate authorities Advisory and planning over tax structures and evaluating the taxability for the structures Preparation and submission of data for Assessment. Proactively identify the process automation and improvement opportunities. Knowledge of certification work in respect of filing of forms 15CB, form 15CA, form 3CD, form 3CEB

Role and Responsibilities

• Detailed review and GL account reconciliation of current and deferred tax on a quarterly basis, with explanations and corrective action taken for any discrepancies. Posting the quarterly current and deferred tax accounting entries Working closely with the Finance team to advise on the correct accounting treatment of tax cash (payments and refunds) Quarterly calculation of deferred tax adjustments ie deferred tax on intangible fixed assets Review of withholding tax accounting, and quarterly reconciliation of withholding tax GL accounts Liaising with overseas tax accountants as required to confirm local accounting treatment versus IFRS and other matters required to understand the regional tax accounting entries Track, review and update the treatment of deferred tax on losses at the end of each quarter Tax Compliance Ensure that tax returns as completed by external advisors are filed with the tax authorities on time in each jurisdiction Maintain control of the tax compliance tracker and highlight in advance when returns are coming due Ensuring that tax payments are made in accordance with payment deadlines Handling of finalization of income tax-returns. Filing of income tax forms (quarterly/ half yearly/ annual) Data preparation & completion of Tax Audit, Transfer Pricing Audit. Handling tax assessments and litigation before appellate authorities Advisory and planning over tax structures and evaluating the taxability for the structures Preparation and submission of data for Assessment. Proactively identify the process automation and improvement opportunities. Knowledge of certification work in respect of filing of forms 15CB, form 15CA, form 3CD, form 3CEB