Manager-Taxation in Gurugram at Stryker Corporation

Date Posted: 9/25/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Gurugram
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    9/25/2018
  • Job ID:
    29381BR

Job Description

"  Job Profile   This is a team leader position and responsible for leading the tax vertical. The position is responsible for all the legal entities in India covering Commercial, R & D & IS businesses. In this position, incumbent is expected to play a mentorship role to key personnel, assisting in the execution of duties where necessary, constantly honing their skills, ensuring their constant professional improvement, and essentially readying them for larger roles in future.   Detailed Role & Responsibility Objectives
  • Establishing effective strategies for Direct & Indirect taxes and ensuring compliance with applicable tax regulations and acting as a tax advisor.
  • To contribute to business performance through effective Tax planning and strategies which are in alignment to overall business strategies.
  • To be overall responsible for the tax compliance of Direct & Indirect Tax of all Indian entities
Components Tax Strategy Establishing effective strategies for Direct & Indirect taxes and ensuring compliance with applicable tax regulations and acting as a tax advisor. Litigation Management End to End Management of litigation at various forums Tax Compliances To be overall responsible for the tax compliance of Direct & Indirect Tax Tax Accounting Plan and coordinate for periodic closing for Tax accounting and reporting purposes as per the reporting requirements- Both statutory and group requirements Key Performance Indicators Tax Advisory Quality, Effectiveness Demand/ Penalty Amount of Demand Status of Assessments Timeliness/Recency Litigation Cost Optimisation Compliance Cost Optimisation Tax Compliances Timeliness, Defaults Tax Accounting (Monthly reconciliation, Accounting Discipline) Timeliness & Quality SOX Compliances Effectiveness External Audits (Stat, Tax, TP) including compliance audits performance Timeliness, Quality & Outcomes Duties & Responsibilities Taxation Strategy
  • To contribute to business performance through effective Tax planning and strategies which are aligned to overall business strategies
  • Provide internal tax advisory services and support on business operation matters
  • Identify potential opportunities or issues pro-actively in order to take advantage of or resolve them with key depts. in the organization & tax departments
  • To resolve major operational issues in a timely way and identify improvements, including initiation and management of issues
  • Lead and coordinate tax-driven business initiatives
  • Support Group Tax in Tax Optimization Projects
Litigation Management
  • Management of litigation at various forums
  • Tax Litigation preparation & representation of appeals including at CIT (A), DRP & ITAT levels.
  • Monthly tax litigation status and reporting
  • Coordination of 3rd party service providers, legal counsels and service delivery management including performance KPIs
  • Optimisation of litigation costs
Tax Compliances
  • Lead tax compliances as a whole with all direct and indirect tax laws so as to ensure risk free environment for the business.
  • Own Compliance audits and drive the compliance culture
  • Preparation & Review of tax calculations, estimates and report accruals
  • Tax compliance health checks & taking correcting actions
  • Ensuring all returns are filed and payments are made on time with no defaults
Major applicable Laws: Customs, GST, Income Tax  including Transfer Pricing, STPI, SEZ/FTZ, FEMA Tax Accounting & Controls
  • Plan and coordinate for periodic closing for Tax accounting and reporting purposes as per the reporting requirements- Both statutory and group requirements
  • Ensure effective and sustainable implementation of Sox/ICFR Controls compliance & SoD Controls related to Tax, partnering with Controlling & Process team.
  • Ensure that all the tax related accounting transactions are entered in the system to ensure real time accounting and set up effective documentation system for maintaining the effective working papers relating to tax , Tax assessments etc. and as well visualize and plan the tax assessment requirements and for appeals
  • Setting up guidelines for BPO partners for accounting of taxes and ensuring compliance
  • GL owner for Tax related accounts, Review and sign off on the taxation related assets, liabilities & accruals, Monthly reconciliation of tax related balance sheet accounts
  • Coordinate with the tax auditors (Tax Audits, Transfer pricing etc) to make audit plan in consultation with various departments/ locations and ensure audit is completed in time with no serious concerns.
  • Generate and circulate quality MIS as per requirements for supporting the Business decisions and compliance adherence
 ,  Components Tax Strategy Establishing effective strategies for Direct & Indirect taxes and ensuring compliance with applicable tax regulations and acting as a tax advisor. Litigation Management End to End Management of litigation at various forums Tax Compliances To be overall responsible for the tax compliance of Direct & Indirect Tax Tax Accounting Plan and coordinate for periodic closing for Tax accounting and reporting purposes as per the reporting requirements- Both statutory and group requirements Key Performance Indicators Tax Advisory Quality, Effectiveness Demand/ Penalty Amount of Demand Status of Assessments Timeliness/Recency Litigation Cost Optimisation Compliance Cost Optimisation Tax Compliances Timeliness, Defaults Tax Accounting (Monthly reconciliation, Accounting Discipline) Timeliness & Quality SOX Compliances Effectiveness External Audits (Stat, Tax, TP) including compliance audits performance Timeliness, Quality & Outcomes Duties & Responsibilities Taxation Strategy
  • To contribute to business performance through effective Tax planning and strategies which are aligned to overall business strategies
  • Provide internal tax advisory services and support on business operation matters
  • Identify potential opportunities or issues pro-actively in order to take advantage of or resolve them with key depts. in the organization & tax departments
  • To resolve major operational issues in a timely way and identify improvements, including initiation and management of issues
  • Lead and coordinate tax-driven business initiatives
  • Support Group Tax in Tax Optimization Projects
Litigation Management
  • Management of litigation at various forums
  • Tax Litigation preparation & representation of appeals including at CIT (A), DRP & ITAT levels.
  • Monthly tax litigation status and reporting
  • Coordination of 3rd party service providers, legal counsels and service delivery management including performance KPIs
  • Optimisation of litigation costs
Tax Compliances
  • Lead tax compliances as a whole with all direct and indirect tax laws so as to ensure risk free environment for the business.
  • Own Compliance audits and drive the compliance culture
  • Preparation & Review of tax calculations, estimates and report accruals
  • Tax compliance health checks & taking correcting actions
  • Ensuring all returns are filed and payments are made on time with no defaults
Major applicable Laws: Customs, GST, Income Tax  including Transfer Pricing, STPI, SEZ/FTZ, FEMA Tax Accounting & Controls
  • Plan and coordinate for periodic closing for Tax accounting and reporting purposes as per the reporting requirements- Both statutory and group requirements
  • Ensure effective and sustainable implementation of Sox/ICFR Controls compliance & SoD Controls related to Tax, partnering with Controlling & Process team.
  • Ensure that all the tax related accounting transactions are entered in the system to ensure real time accounting and set up effective documentation system for maintaining the effective working papers relating to tax , Tax assessments etc. and as well visualize and plan the tax assessment requirements and for appeals
  • Setting up guidelines for BPO partners for accounting of taxes and ensuring compliance
  • GL owner for Tax related accounts, Review and sign off on the taxation related assets, liabilities & accruals, Monthly reconciliation of tax related balance sheet accounts
  • Coordinate with the tax auditors (Tax Audits, Transfer pricing etc) to make audit plan in consultation with various departments/ locations and ensure audit is completed in time with no serious concerns.
  • Generate and circulate quality MIS as per requirements for supporting the Business decisions and compliance adherence
 "

Work From Home: No

Travel Percentage: None

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