Deliver full range of direct tax services at Malabar Group to comply with the current laws and regulations within the desired timeframe.
Functional Responsibilities ?Responsible to legally minimise tax liabilities through informed application of tax laws and regulations. ?Prepare and review tax calculations, estimates and report accruals and purpose partnering with country, regional and corporate finance, tax & legal business. ?Manage tax compliance, reporting, and filing works for the Group and ensure timely and accurate filing of all corporate and personnel income tax. ?Provide internal tax advisory services on business operation matters to the Group. ?Oversee the preparation of necessary paperwork for tax payments and returns to ensure accuracy. ?Monitor advance tax, withholding tax, filing of annual returns to ensure timely and appropriate compliance. ?Review current and deferred tax provision of Malabar Group to plan pending tax payments. ?Coordinate with different teams, or the Head of Group Taxation to get data requirement for the Direct Tax notices, collation, and submission of reply. ?Communicate with the Head of Group Taxation to plan and implement efficient tax strategies and make recommendations to the Management. ?Review income tax assessments, TDS assessments, appeals and show-cause notices to prepare submissions in a timely manner. ?Monitor correct TDS & TCS deduction to ensure accurate filing of periodical returns of TDS & TCS. ?Cooperate with the tax authorities to provide tax reports for inspection whenever required and also provide tax audit support for the Group. ?Assist the team member in various assessments and litigation matters to ensure the right approach is taken. ?Act as the key point of contact to support local and regional direct taxation matters. ?Establish an appropriate system or process for tax risk management for the Group to handle risks in seamless manner whenever they occur. ?Manage legal disputes arising with Tax authorities and escalate them to the Group Head to ensure smooth resolution. ?Keep track of Tax amendments to implement the same across the Company wherever applicable. ?Participate in Finance meetings to follow up on Malabar’s financial goal planning.