JOB SUMMARY: Responsible for managing Taxation Direct and Indirect.
KEY RESPONSIBILITIES:
TDS calculations and payment
Filling of TDS returns & revisions thereof
Managing TDS compliances
Submission of statutory returns to Taxation authorities
Responding to notices received from tax authorities
Managing Tax helpdesk for all kind of tax queries
Manage Taxation and Statutory Assessments Direct and Indirect
Manage tax audits & ensure Regulatory audits happen smoothly and without any significant observations
Managing tax exemptions in system & ensuring the exemptions are within threshold limit
To work closely with tax consultants and will be responsible for the preparation and review of tax provisions, dealing with day to day client queries as well as preparation of computations for submission to the statutory authorities
Researches, prepares, and directs tax studies for internal and external sources.
Reviews contracts and agreements for possible unrelated income and other taxation matters
Advises management of the impact of new laws, decisions, regulations and rulings, proposed tax legislation, and tax-exemption issues especially in commercial areas
Recommends the reference of tax matters related to direct & indirect taxation to outside counsel when appropriate and coordinates efforts in support of work being done by outside counsel.
Performs miscellaneous job-related duties as assigned.
KEY RESPONSIBILITIES:
TDS calculations and payment
Filling of TDS returns & revisions thereof
Managing TDS compliances
Submission of statutory returns to Taxation authorities
Responding to notices received from tax authorities
Managing Tax helpdesk for all kind of tax queries
Manage Taxation and Statutory Assessments Direct and Indirect
Manage tax audits & ensure Regulatory audits happen smoothly and without any significant observations
Managing tax exemptions in system & ensuring the exemptions are within threshold limit
To work closely with tax consultants and will be responsible for the preparation and review of tax provisions, dealing with day to day client queries as well as preparation of computations for submission to the statutory authorities
Researches, prepares, and directs tax studies for internal and external sources.
Reviews contracts and agreements for possible unrelated income and other taxation matters
Advises management of the impact of new laws, decisions, regulations and rulings, proposed tax legislation, and tax-exemption issues especially in commercial areas
Recommends the reference of tax matters related to direct & indirect taxation to outside counsel when appropriate and coordinates efforts in support of work being done by outside counsel.
Performs miscellaneous job-related duties as assigned.
Salary:
Not Disclosed by Recruiter
Industry:
Insurance
Functional Area:
Accounts, Finance, Tax, Company Secretary, Audit
Role Category:
Accounts
Role:
Chartered Accountant
Desired Candidate Profile
Education:
(UG - Any Graduate - Any Specialization, B.Com - Commerce) AND (PG - CA)
1-2 yrs post qualification experience in Taxation function in a the MNC (preferably financial service) or big CA firm
o Proficiency on working in MS Office (High on Excel & Power Point)
o Ability to analyze and interpret the practical application of a range of tax laws, regulations, and policies pertaining to financial services companies especially insurance; range should include TDS, Service tax, VAT, Income Tax, Contract Act, Insurance Act, etc
o Knowledge of tax provisions related to contractual arrangements and agreements.
o Ability to prepare corporate tax returns.
o Ability to develop and maintain tax information and reporting systems.
o Knowledge of current and emerging trends and developments in tax legislation, regulations, and rulings.
o Proficiency on working in MS Office (High on Excel & Power Point)
o Ability to analyze and interpret the practical application of a range of tax laws, regulations, and policies pertaining to financial services companies especially insurance; range should include TDS, Service tax, VAT, Income Tax, Contract Act, Insurance Act, etc
o Knowledge of tax provisions related to contractual arrangements and agreements.
o Ability to prepare corporate tax returns.
o Ability to develop and maintain tax information and reporting systems.
o Knowledge of current and emerging trends and developments in tax legislation, regulations, and rulings.
Company Profile
Max Life Insurance, the largest* non-bank private life insurer, is a
joint venture between Max India Ltd. and Mitsui Sumitomo Insurance Co.
Ltd.Max India is a leading Indian multi-business corporate, while Mitsui Sumitomo Insurance is a member of MS&AD Insurance Group, which is currently amongst the top 10 general insurers in the world. Max Life Insurance offers comprehensive life insurance and retirement solutions for long-term savings and protection. A financially stable company with sound investment expertise, Max Life Insurance has a strong customer-centric approach focused on advice based sales and quality service. In the financial year 2011-12 Max Life Insurance ranked fourth among private life insurers with a market share of 8.6%. The Company has been one of the fastest growing life insurance companies with total revenue of Rs.6,391 crore and enterprise profit of Rs.733 crore for the Financial Year 2011-12. The Company's share capital of Rs. 2,127 crore with a solvency margin of 534% is indicative of its financial strength and stability. As on 31st March 2012, Max Life Insurance had assets under management of Rs.17,215 crore.
Vision - To become the most admired Life Insurance Company in India for all stakeholders.
Mission - * Amongst top 5 private life insurance companies by profitable new business sales * National Player* Brand of choice* Employer of Choice* Principal of Choice for Distribution & Suppliers
*Basis Individual adjusted first year premium FY 2012
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