320 Vat Returns jobs in India

Company Description

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Role Description

This is a full-time on-site role for a Taxation Executive located in Mumbai. The Taxation Executive will be responsible for preparing and filing tax returns, ensuring compliance with tax laws and regulations, conducting tax research, and advising on tax planning strategies. Additional tasks include maintaining accurate financial records, liaising with tax authorities, and analyzing financial data to identify tax savings opportunities.

Responsibilities:-

Preparation and review of Income Tax returns (ITR) for individuals, firms, companies, and trusts.

Computation of taxable income under various heads in accordance with the Income Tax Act, 1961.

Preparation and filing of Tax Audit Reports (Form 3CD).

Ensuring timely compliance with TDS provisions – review of returns, reconciliation with Form 26AS, and correction statements (if any).

Assistance in preparation and filing of quarterly Advance Tax computations.

Maintenance of client-wise compliance tracker and adherence to deadlines.

Litigation Support (Basic Level):

Drafting and filing of replies to notices under section 143(1), 139(9), 154, 133(6), 142(1), etc.

Preparation of documents for assessments and assisting seniors in compiling case papers.

Filing rectification, appeal forms, and stay applications.

Liaising with clients for gathering supporting documents and facts for representation.

Client Handling & Documentation :-

Regular interaction with clients for data collection and status updates.

Maintaining documentation for all filings and correspondence with the department

Experience :-

• 2 to 3 years

Job Location - Charni Road

Req Id : 502750

Job Description

Are you passionate about service excellence? Would you love to work for a global organization that is doing more good for people and planet? 

IFF is a global leader in food, beverage, health, biosciences and sensorial experiences. We are now seeking a highly motivated and results driven individual to join our India Tax Team as Assistant Manager -Tax Compliance.

Your Focus 

As a part of our India Tax Team, you will be responsible to supervise and achieve seamless service delivery of multi-regional direct tax compliance operations of tax teams operating from Shared Services Center India - Hyderabad. You should be capable of independently supporting the India Direct Tax Compliance & India TP Compliance and ideally also have experience with Direct tax compliance matters in Asia Pacific English speaking countries.

The role will report to Country Tax Head – India.

How you will contribute
• Prepare and supervise compliance operations to ensure timely and accurate delivery of IFF’s tax obligation.
• Accountable to define, execute and monitor wide varieties of process KPIs (Key Performance Indicators) and KSFs (Key Success Factors).
• Internal controls frame work design/execution/review to ensure fully compliant controlled environment to successfully get through internal/external/departmental audits/assessments.
• Depth knowledge on Direct Tax Compliance and TP Compliance which includes:
o Tax Accounting and provisioning.
o Annual Income Tax Computations. 
o Annual Income Tax Returns Preparation & Filing.
o Collating information to defend Income Tax Assessments.
o Collating information to defend Transfer Pricing Assessments.
o Review & assist in finalisation of Tax Audit Reports in Form-3CD.
o Review & assist in finalisation of TP Certification in Form – 3CEB.
o Maintain litigation tracker and assessment tracker.
• Knowledge and experience with other Asia Pacific tax regimes would be advantageous.
• Drive continuous and long-term improvements in quality and productivity of the team’s delivery.
• Be a strategic thinker, honest, openminded, transparent and be able to deal with high level of ambiguity. 
• Develop and publish robust metrics that communicate the performance of processes/People across multiple dimensions.
• Be a strong role model of organization’s core values and to drive the core value culture among team.
• Establishing strong communication channels and exemplary relationship building with respective countries tax managers across the world to seek their feedback periodically and to ensure process deliverables are operating in conjunction with their customized/country specific requirements.
• Responsible for people development, coaching and mentoring.

Job Requirements

What you will need to be successful
• Qualified Chartered Accountant or CMA or MBA with Finance or Accounts.
• 6-8 years of total experience.
• Sound Accounting and Tax Knowledge.
• Strong Analytical skills and ability to work along with cross country / functional teams.
• Very strong business communication and metrics management experience.
• Flexible mindset to foster coordination across cross boarder resources and partnering with multiple tax managers globally.
• Good interpersonal skill.

IFF is an Equal Opportunity Employer.

At IFF, we believe that your uniqueness unleashes our potential. We value the diverse mosaic of the ethnicity, national origin, race, age, sex or veteran status. We strive for inclusive workplace that allows each of our colleagues to bring their authentic self to work regardless of their religion, gender identity & expression, sexual orientation, or disability.

About Avaya

Avaya is an enterprise software leader that helps the world’s largest organizations and government agencies forge unbreakable connections.

The Avaya Infinity™ platform unifies fragmented customer experiences, connecting the channels, insights, technologies, and workflows that together create enduring customer and employee relationships.

We believe success is built through strong connections – with each other, with our work, and with our mission. At Avaya, you'll find a community that values your contributions and supports your growth every step of the way.

Learn more at

Job Information

Job Code: 99930487

Job Family: Finance

Job Function: Tax

About the Avaya's Tax Team

Avaya’s tax team is based in the USA (NJ), UK, and India, with an excellent reputation across the organization. The tax team works closely with the controllership team, as well as other core functions. As part of a small & friendly tax team, you will have the ability to ‘make a difference’ and support the business to enable execution of Avaya’s strategic growth plans.

About the Role

This is an integral role, with the key focus on US corporate income tax matters, including US federal and state tax compliance and US GAAP tax reporting.

About the responsibilities

US Corporate Income Tax Compliance (60%)
• Aggregation of data / inputs required for annual US corporate income tax compliance
• Prepare US federal pro-forma tax returns in Corptax, as well as all applicable supporting workpapers
• Timely preparation of US federal forms/attachments
• Review of certain US International forms prepared by advisors
• Preparation of US State tax apportionment
• Preparation of certain US state/locality returns in Corptax
• Review of certain US State returns prepared by advisors
• Coordinate filing of tax US corporate income tax returns
• Prepare quarterly US federal & state estimates and extensions
• Assist with any information requests as relates to any US federal or state income tax audits.
• Investigate and resolve income tax notices.
• Coordinate tax payments on behalf of the Avaya tax department.
• Manage the annual corporate income tax filing calender
US GAAP Tax Reporting (30%)
• Assist with quarterly and annual US GAAP income tax provision
• Prepare US federal book-tax difference calculations
• Prepare US deferred tax asset/liability work papers and balances.
• Preparation of US state reporting workpapers
• Prepare the Company’s Income Tax account reconciliations on a quarterly basis
• Manage the quarterly income tax reporting calender
• Assist with the consolidation of the global tax provision, including non US tax provision, FIN 48s etc
• Assist with documentation of applicable internal tax controls.
Other matters (10%)
• Assist with other ad-hoc matters, including; cash tax management, business support, corporate project support.
• Drive efficiency and simplicity into the Avaya tax function, including through standardization, simplification, & documentation of processes and utilization of technology
• Liaise with external tax advisors on relevant matters.

About You

The successful candidate must be inquisitive, enthusiastic, enjoy working hard and being continually challenged, demonstrate sound judgment and have the ability to collaborate cross-functionally with people at all levels inside and outside Avaya. The ideal candidate will already have a strong background in US tax compliance and US GAAP. The candidate also needs to have flexibility in order to have some work time overlap with UK and New Jersey tax team members
Core skills & experience:
• Strong written and oral communication skills – business English is a must
• Organized, analytical and a team player
• Proficiency with Microsoft Word and Excel
• Ability to prioritize, problem solve, make recommendations and implement solutions
• US federal and state income tax practical and technical tax expertise (2-5+ years of experience preferred)
• Experience with automation of income tax processes (a plus)
• College degree in Finance/Accounting related discipline, Chartered Accountant, ADIT, Certified Public Accountant or similar (preferred); Additional years of work experience may be considered in lieu of degree
• Experience with SAP/HFM/Corptax/Alteryx (a plus)

Education

Bachelor degree or equivalent experience