
Tax Operations - Manager, AVP
- Bangalore, Karnataka
- Permanent
- Full-time
- Transactional Taxes (Financial Transaction Tax, Withholding Taxes, Stamp Duty etc.)
- Cost Basis
- Derivative Tax
- FATCA
- Best in class leave policy
- Gender neutral parental leaves
- 100% reimbursement under child care assistance benefit (gender neutral)
- Flexible working arrangements
- Sponsorship for Industry relevant certifications and education
- Employee Assistance Program for you and your family members
- Comprehensive Hospitalization Insurance for you and your dependents
- Accident and Term life Insurance
- Complementary Health screening for 35 yrs. and above
- Managing the day to day processing/deliverables for operational tax processes like Withholding Tax, Relief at Source, Reclaims for the businesses/regions supported by Operational Tax including the reporting, payment and reconciliations.
- Filing tax reclaims
- Tax reporting, tax payments and tax audits.
- The candidate would be expected to well verse with withholding tax processes, primarily tax reclaims and relief at source.
- The day-to-day processing of functions within pre-defined timelines and ensuring the process is run in a controlled manner
- Ensure that there are no misses in any of the internal/external or regulatory deadlines
- Mange the Monthly / Annual reporting and relevant payment processes to the regulators
- Produce Tax MIS and maintain full audit trails
- Advise on the right level of documentation and tax rates to be applied per country/ counterparty status and Ensure continuous maintenance of relevant Tax data on back office systems
- Interpretation of amendments to the existing rules and regulations pertaining to the relevant tax. All the relevant Key Processing Indicators are achieved and delivered as agreed.
- Drive regulatory changes in partnership with IT and Business within operations.
- Knowledge of Trade Life cycle, Reconciliation of accounts, Exposure to back office systems and Reconciliation systems like TLM, etc. will be an added advantage
- Review the processes undertaken within the team and redevelop and redesign where cost savings/efficiencies can be made
- Ensure all client (internal and external) queries are dealt with in a timely and effective manner. Experience of directly dealing with Clients would be an added benefit.
- CA / MBA/ Graduate with 6-8 years of prior working experience
- Area of Expertise: Accounts, Taxation, Finance, Reconciliation
- The candidate should be well versed with the various Tax regulations and have the ability to understand the various aspects and concepts of taxes like Financial Transaction Tax, Stamp Tax, Withholding Tax, Reclaims filing, Reporting, and Payments etc.
- Knowledge of Equities Trade Life cycle, Reconciliation of Nostro and internal accounts, Exposure to back office systems and Reconciliation systems like TLM, etc. will be an added advantage
- Knowledge of withholding Tax – Reclaims and RAS.
- Accounts- Reconciliation, Substantiation, MIS, Payments
- Settlements – Financial instruments, Custody & Asset management
- Exposure to Equities Settlements / Asset Management preferred
- Strong time management, organizational, planning and follow-up skills; ability to multi-task effectively
- Ability to prioritise competing demands
- Strong analytical and problem solving skills
- Proficient in MS office applications
- Strong capacity to assimilate other stakeholders perspectives and fast learning abilities
- Ability to use sound judgment to meet regulatory standards
- General knowledge of Business Banking product set
- Preference will be given to local candidates
- Training and development to help you excel in your career
- Flexible working to assist you balance your personal priorities
- Coaching and support from experts in your team
- A culture of continuous learning to aid progression
- A range of flexible benefits that you can tailor to suit your needs