Manager, Direct and Indirect Taxation
Mumbai, IN
For over 75 years, BIC has been creating ingeniously simple and joyful products that are a part of every heart and home.
As a member of our team, you'll be a part of reigniting a beloved brand as we continue to reimagine everyday essentials in new, sustainable and responsible ways.
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It's a colorful world - make your mark by joining the BIC team today.
We strive to provide a comprehensive benefits package that supports the well-being and professional growth of our team members. As a member of Team BIC, you’ll have access to a range of benefits designed to enhance your physical, emotional and financial wellness. In many of our locations, we offer team members:
- Competitive compensation and recognition
- Hybrid work environment and flexible approach to work
- Retirement and financial savings options
- Well-being and mental health support
- Parental leave
- Physical well-being initiatives and health insurance plans
- Professional development opportunities
- Volunteer opportunities
The Role:
Managing Tax Audit, Transfer Pricing audit and compliance, Income tax assessment and appeal, Filing of annual return and other compliances, Monthly Closing and reporting. The position has 2 direct reports and reports into the Finance Controller > CFO.
Responsibilities:
1. Tax audit
- Preparation of 3CD report and get them audited
- Annexure working for 3CD report - specially TDS, statutory dues, comsumption and quantitative recon
- Woking of 43B schedule
2. Transfer pricing audit
- Preparation of Form 3CEB along with annexure
- Compilation of Associate enterprise (related party) transaction
- Benchmark analysis for pricing /profitability
3. Assessment proceedings and appeal
- Preparation of submission to AO in relation to assessment notices
- TP assessment preparation
- Attending the assessment proceedings before AO and TPO
- Coordination with tax consultant for various submission for querries raised by department from time to time
- Attending the AO office in connection to any summon/notice
- Preparation and submission of Appeal before CIT(A) and ITAT as and when required
- Attend the hearing before CIT(A) and ITAT
4. Reporting and MIS
- Calculation of income tax liability for provision
- Calculation of deferred tax assets and liabilities
- Year-wise tracker of advance tax and provision against it
- Maintain assessment tracker
- Follow-up for refund as applicable
- Maintenance of records as per the requirement of Act/Rules and department
5. Other compliances and reporting
- Computation of Income and filing of annual return
- Advance tax working
- Filing of 3CD and 3CEB online
- Ensure the compliance of monthly/quarterly and yearly requirement of income tax act/rules
- Expat taxes calculation and booking
- Being 1st point contact for tax consultants
Requirements:
- Qualified Chartered Accountant (CA) with 3-5 years of relevant experience
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BIC is an Equal Opportunity Employer. We strongly commit to hiring people with different backgrounds and experiences to help us build better products, make better decisions, and better serve our customers. We do not discriminate based upon race, religion, color, national origin, gender, sexual orientation, veteran status, disability status, or similar characteristics. All employment is decided based on qualifications, merit, and business need.
BIC is not seeking assistance or accepting unsolicited resumes from search firms for this employment opportunity. Regardless of past practice, all resumes submitted by search firms to any team member at BIC via email, or directly to a BIC team member in any form without a valid written search agreement in place for that position will be deemed the sole property of BIC, and no fee will be paid in the event the candidate is hired by BIC as a result of the referral or through other means