Specialist - Indirect and Direct tax - Mumbai, India - Bizongo

    Bizongo
    Bizongo Mumbai, India

    2 weeks ago

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    Description

    About Bizongo:

    At Bizongo, we help brands and enterprises achieve scalable growth through our AI-powered transaction first vendor digitization and embedded financing platform. Bizongo's platform has an embedded ecosystem of 450+ brands/enterprises across diverse industries, an extensive vendor network of 7500+ businesses, and 30+ financial institutions. We offer ease of business and growth opportunities to businesses across India's backbone industries.

    About Function:

    At BGFO, we carry out all the multiple types of audits and due diligence at Bizongo. We are also responsible for setting up processes, creation and implementing of SOP's and internal controls. Working with cross functional teams to ensure that the business practises and in line with accounting as well as auditing standards and requirements.

    What you'll be doing:

    Indirect Taxation

    • Responsible for review of monthly filing of GST returns, Annual returns and reconciliations for India entities.
    • Overseeing and providing guidance/ managing day to day GST compliance reporting for India legal entities.
    • Overseeing & tracking information required for GST Audits.
    • Responsible for coordinating the data and review of responses to be filed for GST audit and other tax litigations.
    • Interfacing with tax authorities as may be required for managing audits and other proceedings.
    • Keeping abreast of the changes in laws and its effect on company and informing the management accordingly.
    • Working on various projects impacting the future strategy of the indirect tax function to minimize/mitigate adverse litigation.
    • Working with internal stakeholders to gather required information for effective management of audit and litigation process.

    Direct taxation

    • Direct tax returns & tax audit reports for India.
    • Responsible for coordinating the data and review of responses to be filed for tax litigations.
    • Review of SFT preliminary response and other filings required under tax laws of India.
    • Review of Quarterly Tax provision, payment of Advance tax for India entities.
    • Review of Financials with respect to tax provisions, DTA and RPT schedules.
    • Review of monthly TDS payments and Quarterly TDS returns.
    • Assistance in AIS Reconciliation

    Transfer Pricing

    • Review and track of IC agreements with all the associated enterprises.
    • Filing and preparation of Master file and 3CEB reports.
    • Coordination with TP consultants and Review of TP assessments responses before filing with authorities.

    Others

    • Providing ad hoc support / advice in connection to business and/ or larger finance teams on various clients deals, business opportunities from direct and GST standpoint.
    • Assistance in HSN compliance with respect to trade

    What will make you a good fit:

    • Semi/ Qualified Chartered Accountant/ MBA / Tax professional with 5+ years
    • A combination of tax experience in top tier consulting firm and Industry would be a plus.
    • Should have sound understanding of taxation laws and possess analytical skills to identify problems and propose solution.
    • Good Excel knowledge preferred.