Senior Accountant(Direct taxation)

Job Title: Senior Accountant – Direct Tax

Department: Finance & Accounts
Reports To: Tax Manager / Head of Finance
Location:Churchgate,mumbai

Employment Type: Full-time

Mandatory-Excellent in English communication(verbal and oral)

Job Summary:

The Senior Accountant – Direct Tax will be responsible for managing all direct tax compliance, assessments, and audits, ensuring accurate computation and timely filing of tax returns. The role involves close coordination with internal stakeholders, external consultants, and tax authorities to ensure compliance with the Income Tax Act and related regulations.

Key Responsibilities:

1. Direct Tax Compliance

• Prepare and file corporate income tax returns, TDS returns, and other statutory filings within prescribed timelines.
• Ensure accurate computation of taxable income as per the Income Tax Act.
• Review quarterly advance tax calculations and payments.
• Maintain updated records of tax payments, returns, and correspondence with tax authorities.

2. Tax Audits & Assessments

• Assist in preparation and finalization of Tax Audit Report (Form 3CD and related annexures).
• Liaise with auditors, consultants, and tax authorities during audits and assessments.
• Prepare responses to tax notices, queries, and scrutiny assessments.

3. Advisory & Planning

• Support management in tax planning to optimize effective tax rate while ensuring compliance.
• Evaluate tax implications of business transactions and provide recommendations.
• Monitor changes in tax laws and advise on potential impact to the organization.

4. Reconciliations & Reporting

• Perform monthly reconciliations between books of accounts and tax records.
• Ensure proper accounting of deferred tax assets and liabilities.
• Support in preparation of tax-related schedules for financial statements and management reporting.

5. Coordination & Documentation

• Coordinate with internal teams for data collection related to tax compliance.
• Ensure proper documentation for all tax positions taken and maintain a strong audit trail.

Qualifications & Skills:

• Education: Preferred Master degree, No CA appearing Candidates needed, strong direct tax experience.(4years to 10 years)
• Experience: 4–10 years of relevant experience in direct taxation, preferably in a corporate or consulting environment.
• Technical Skills:
• In-depth knowledge of the Indian Income Tax Act, TDS provisions, and related rules.
• Working knowledge of e-filing, income tax portal, and TDS software.
• Proficiency in ERP systems (SAP AND Tally) and MS Excel.
• Soft Skills:
• Strong analytical and problem-solving ability.
• Excellent communication and interpersonal skills.
• High attention to detail and adherence to deadlines

Job Type: Full-time

Pay: ₹20,000.00 - ₹45,000.00 per month

Work Location: In person