Experience
2 - 5 yrs
Job Location
Ahmedabad, India
Vacancy
1
Designation
Tax Analyst
Job Type
ONSITE
Job Description
Job Title: Tax Analyst
Department: Finance Accounts
Employment Type: Full Time, Permanent
Role Responsibility
- A. GST Compliance, Accounting Reconciliation
- Review and verify that GST on all purchase and sales transactions is correctly classified and recorded in the books.
- Reconcile Input GST as per books with GSTR 2B, identify ineligible credits, timing differences, and follow with respective stakeholders up for corrections.
- Reconcile GSTR 1, sales register, and output GST liability, ensuring completeness and accuracy.
- Validate that GST payable / receivable balances in books align with GST portal summaries (cash credit ledger).
- Prepare and post GST liability and credit adjustment journal entries for the period.
- Coordinate with external GST consultants for return filing, clarifications, and amendments.
- Track follow up items arising from mismatches, notices, or portal discrepancies.
- Perform input tax credit (ITC) eligibility assessment, including identification of blocked credits and partial eligibility.
- Monitor vendor GST compliance, including filing status and accuracy impacting ITC availability.
- Track ITC reversals and re availments as per statutory timelines.
- Perform annual GST reconciliation between: Books of accounts and GST annual return (GSTR 9 / 9C).
- B. TDS (Withholding Tax) Compliance Reconciliation
- Review all TDS applicable transactions and ensure correct applicability, rate, and deduction.
- Ensure timely accounting of TDS deductions, including vendor and employee payments.
- Reconcile TDS payable, deducted, and remitted balances in the general ledger.
- Validate monthly and quarterly TDS filings and challan payments with consultants.
- Support timely issuance and accuracy of TDS certificates.
- C. Direct Tax Advance Tax Support
- Assist in preparation and validation of advance tax and deferred tax computations based on current financials.
- Support filing of income tax returns and related schedules in coordination with consultants and Group tax team.
- Prepare reconciliations between book profits and taxable income.
- Maintain documentation for tax audit, assessments, and reviews.
- D. Transfer Pricing
- Coordinate with Central Tax / Group Tax team for transfer pricing compliance.
- Maintain and update transfer pricing documentation, agreements, and inter company transaction details.
- Support TP audits, assessments, and information requests with accurate data and explanations.
- E. Payroll Employee Tax Compliance
- Maintain a payroll tax compliance calendar covering payroll taxes, filings, payments, and returns.
- Coordinate with HR and payroll teams for tax queries and reconciliations.
- F. Tax Litigation Assessments
- Prepare and compile documentation, reconciliations, and factual submissions for tax notices and assessments.
- Draft initial responses, explanations, and working papers for consultant and management review.
- Coordinate with tax consultants and central teams on notices, hearings, and appeals.
- Maintain a litigation tracker detailing status, exposure, and timelines.
- G. Governance, Controls Audit Support
- Maintain proper tax accounting schedules and reconciliations for month end and year end close.
- Support internal, statutory, and tax audits, including data extraction and clarifications.
- Ensure adherence to statutory timelines and escalate risks proactively.
- Continuously track changes in tax laws and assess impact on business transactions (with escalation to Finance leadership).
- H. Compliance Ownership Reporting
- Own and maintain a comprehensive tax compliance calendar covering GST, TDS, Direct Tax, Payroll Taxes, Transfer Pricing, and statutory filings.
- Monitor statutory due dates, filing status, tax payments, and dependencies with consultants and internal teams.
- Proactively escalate risks of delayed or missed filings to the Financial Controller with quantified impact.
- Ensure management has periodic visibility on compliance status through dashboards or summary reports.
- Prepare and present comprehensive monthly tax review pack
- Identify opportunities for automation, standardization, and controls strengthening.