Finance manager- tax operations | auto finance shared services

Job Description:

Tax Policies & Procedures-

• Preparation, review and roll out of tax policies and associated procedures within the automotive business units.
• Preparation of tax positions charter, liaise with Group Tax and update on any ongoing developments / changes in tax law and regulations.
• Prepare checklist for compliance on tax.
• Support continuous update of process and procedures documentation based on emerging business scenarios
• Continuous update transaction register and approved tax position.
• Continuous review and update of VAT training documentation.

VAT Return Finalization-

• Ensure the validation and reconciliation process on tax return is completed on a monthly / quarterly basis in line with the deadline on tax return.
• Review the tax return and prepare commentary for approval purposes.
• Ensure tax GLs reflect accurate results and match to the tax return being filed.
• Providing analysis and reports related to VAT transactions trends and highlight any exceptions.
• Coordinate with other shared service functions on various Tax touch points and ensure overall governance framework.

Tax Reporting-

• Generate Auto group level VAT reporting and submit for internal approval.
• Validate tax reports agreement with underlying books of accounts.
• Ensure timely submission of Tax return to tax authorities.

VAT Documentation-

• Maintain permanent VAT files for registration documents, tax certificates, official communications etc in line with the guidance provided by group tax.
• Maintain Permanent file for VAT filing including monthly tax returns along with necessary supporting documents and payments receipts.
• Maintain records of training and other related documents such as samples of invoices verification, tax assumptions, queries etc.

Tax Assessments-

• Co-ordinate on any tax queries and assessments from authorities and ensure to provide necessary information on a timely basis with adequate supporting documents.
• Liaise with authorities and coordinate between various stakeholders in business, group accordingly.
• Support and co-ordinate during any internal and external consultants review and audits.

Compliance-

• Prepare plans for periodic review of finance SOPs and assess compliance.
• Participate in system upgrade/IT projects and ensure to provide requirements and successful completion of test cycles.
• Focus on identification, assessment on areas of exceptions in changing business environment.

Others-

• Ensure compliance requirement for other taxes such as corporate tax and withholding tax.
• Support continuous review of SAP/ Frontend system process for VAT compliance and recommend corrective process changes based on requirements around tax compliance.
• Ensure to maintain master data records on pricing, tax trigger factors and build warning signals.

Minimum Qualifications and Knowledge:

• Degree in Accounting with Experience / Professional accounting qualification preferred.
• Excellent written and verbal communication and interpersonal skills. Ability to communicate and interact well

Minimum Experience:

• 8 to 10 years of relevant experience, with a good knowledge of ERP systems.

Job-Specific Skills:

• Good in Accounting and expert knowledge in Taxation line like VAT etc. Should possess a good knowledge of excel and have prior experience in working with large databases.