Assistant Manager Taxation

Job Description: Assistant Manager Taxation

Role Overview

The Taxation Manager will be responsible for end‑to‑end tax compliance, planning, and reporting for Indian indirect and direct taxes, including GST, TDS, and Income Tax. The role requires strong technical knowledge of tax laws, experience in handling tax assessments, and the ability to manage internal controls and ensure organizational tax efficiency.

Key Responsibilities

1. Goods and Services Tax (GST)

• Ensure timely and accurate filing of all GST returns (GSTR‑1, GSTR‑3B, GSTR‑9, GSTR‑9C, etc.).
  
• Reconcile GST input tax credit (ITC) with vendor data and GSTR‑2B.
  
• Review GST payments and maintain compliance calendars.
  
• Handle GST audits, departmental queries, and assessments.
  
• Monitor changes in GST law and update internal processes accordingly.
  
• Ensure correct classification, HSN/SAC codes, and tax applicability.
  

2. Tax Deducted at Source (TDS)

• Oversee TDS computation, deduction, and timely deposit for all applicable sections (e.g., 194C, 194J, 194I, 192, etc.).
  
• File quarterly TDS returns (Form 24Q, 26Q, 27Q).
  
• Reconcile Form 26AS with books of accounts.
  
• Issue TDS certificates (Form 16, 16A) within statutory timelines.
  
• Ensure compliance with lower/nil deduction certificates and PAN verification.
  
• Address TDS mismatches, short deductions, and demand notices.
  

3. Direct Tax / Income Tax

• Prepare and file corporate income tax returns and tax audit reports.
  
• Manage Advance Tax calculation and payment.
  
• Assist with transfer pricing documentation (if applicable).
  
• Handle income tax assessments, scrutiny, appeals & responses to notices.
  
• Support statutory auditors and tax consultants during audits.
  
• Conduct tax planning to optimize effective tax rate within legal framework.
  

4. General Tax & Compliance Management

• Develop and maintain tax policies, SOPs, and internal controls.
  
• Monitor timely compliance and maintain dashboards for management reporting.
  
• Coordinate with external consultants, tax advisors, and statutory authorities.
  
• Provide tax impact analysis for business decisions, contracts, and new initiatives.
  
• Train internal teams on tax developments and compliance requirements.
  

Requirements

Education

• CA Inter/ CMA Inter / MBA (Finance) / M.Com with specialization in taxation (preferred).
  

Experience

• 3 – 6 years of relevant experience in Indian taxation (depending on company level).
  
• Strong experience in GST, TDS, and Corporate Income Tax.
  

Technical Skills

• Solid understanding of Indian Tax Laws, GST Act, Income Tax Act, and related rules.
  
• Hands‑on experience with ERP systems (SAP, Oracle, Tally, etc.).
  
• Strong knowledge of tax return utilities and government portals (GSTN, TRACES, Income Tax portal).
  
• Advanced Excel and analytical skills.
  

Soft Skills

• Attention to detail and high accuracy.
  
• Strong communication and coordination skills.
  
• Ability to work under strict deadlines.
  
• Problem-solving mindset with ownership & accountability.
  

Key Performance Indicators (KPIs)

• On‑time tax filings with 100% accuracy.
  
• Zero penalties or non‑compliances.
  
• Successful closure of assessments without major additions.
  
• Efficient tax planning and cost optimization.
  
• Strong audit outcomes.