Tax Specialist (Contract)

Position: Tax Specialist (Contract)

Job Type: Long-term contractual position with a six-month renewal cycle

Location : Hyderabad

Process Description:

Senior Tax Specialist/Tax Analyst position in Corteva Direct and Indirect tax process is the role to prepare & support various direct and indirect tax and direct tax compliance filings for India. 

Tax Analyst job responsibilities include:

Ø  Prepare and to file various Taxation returns and payments with the tax and revenue department.

Ø  The person should have broad understanding of Indirect Tax and Direct Tax Laws – GST and Income Tax Laws

Ø  Understand and look after full cycle corporate income tax and GST compliances

Ø  Preparation of monthly GST and corporate income tax provisions as per local GAAP and US GAAP

Ø  Prepare monthly/quarterly estimate income tax payments/GST Payments

Ø  Preparation and processing of tax journals and monthly reconciliation of tax accounts

Ø  Assistance with Financial Statements tax provisions and tax notes

Ø  Prepare, request, reconcile, and follow up open issues on Tax Bulletins for various and Foreign subsidiaries.

Ø  Extract various reports from financial accounting ERP’s and perform analysis

Ø  Assist in Tax department audits and assessments

Ø  Assist in quarterly accrual process & various projects when needed

Impact on the Business & Teamwork

Ø  Ability to research, interpret and apply tax legislations, case laws and rulings

Ø  Working with the country tax leadership and ancillary finance functions to ensure delivery as per agreed timelines.

Ø  Publishing performance dashboards and required tax specific reporting.

Ø  Ensure proactive controls in place to highlight issues before they are picked up by business.

Ø  Adheres to Corteva Internal control policies and procedures, including established SOX compliance processes.

Ø  Develop an in-depth knowledge of accounting flows tax frame works in order to support the process

Principal Accountabilities: Key activities

Ø  Ensure 100% tax compliance, service delivery and adherence to all Key Control Activities.

Ø  Ensure the basic process documentation is completed for all the activities.

Skills/Experience Required

Qualification and basic requirements:

·       Graduates/Postgraduates with accounting/ commerce background with 4 – 5 years of experience in handling Indirect Tax and income tax compliances. Preference will be given to candidates having India GST and direct tax compliance experience.

·       Ability to develop effective working relationships with business stakeholders.

·       An excellent attention to detail.

·       Very good working knowledge of Microsoft Office is essential.

·       Position requires strong analytical skills, ability to multi-task, and proficiency in the use of tax software like OneSource.

·       Ability to research and understand principles of Indirect Tax and corporate income tax laws. Should have demonstrated the ability of driving result