Job Description
Job description
Some careers open more doors than others.
If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.
Principal Responsibilities
Meeting the TAX reporting deadlines (Monthly/ Yearly Quarterly) and ensuring accuracy in reporting is extremely crucial.
Drive Process efficiency and process changes - Internal/statutory
Participate in projects, automations, system changes etc.
Manage and ensure governance over vendor’s compliance to ensure performance is as per the agreed Statement of Work (SOW) and report any risks observed.
Ensure all Tax notices are replied by the vendor before the mentioned deadline and review accuracy of liability amounts mentioned against the previous reporting done.
On event of any issue/ delay of response observed on tax portal the same to be reported to stakeholders/ raise grievances on portal/ liaise or follow up with tax portal helpdesk
Annual review and update of Process Documents (SOPs) basis latest guidance/ regulatory change/ change in the process.
Monitoring GST related GL accounts by conducting daily/ monthly reconciliations and run checks for any anomaly. Report differences if any or highlight incorrect/partial or manual entries passed to the respective stakeholders for rectification and action basis guidance documented in the process.
Perform sample checks and file various tax returns on reporting portal and ensure to review discrepancies if any, raised by the portal and get the same resolved.
Requirements
This role requires 1-3 years of overall Banking exposure
Minimum Graduation or as required for the role, whichever is higher
Understanding of Bank’s systems (HUB), Excel proficiency.
Adherence to all applicable operational risk HSBC Standards and policies, reporting any breaches in accordance with local procedures
Skills
Excellent spoken and written communication skills
Real and effective Stakeholder management skills
Attentive learner who can pick up the training in short duration and be productive at the earliest
Expertise (post onboarding)
Management of workload through proactive prioritization
Take responsibility for identifying potential risks and actual issues, and quickly put actions in place to mitigate them
Capabilities
Effective communication with Customers/Stakeholders/Colleagues
Working in a Dynamic Environment
Working Responsibly
Customer Centricity
Problem Solving and Critical Thinking
Strengthening Stakeholder Relationships
Using Business Systems and Processes
You’ll achieve more at HSBC.
HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment.
Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.
Issued by The Hongkong and Shanghai Banking Corporation Limited, India
==========================================================================================================================================================
Some careers open more doors than others.
If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.
Principal Responsibilities
Meeting the TAX reporting deadlines (Monthly/ Yearly Quarterly) and ensuring accuracy in reporting is extremely crucial.
Drive Process efficiency and process changes - Internal/statutory
Participate in projects, automations, system changes etc.
Manage and ensure governance over vendor’s compliance to ensure performance is as per the agreed Statement of Work (SOW) and report any risks observed.
Ensure all Tax notices are replied by the vendor before the mentioned deadline and review accuracy of liability amounts mentioned against the previous reporting done.
On event of any issue/ delay of response observed on tax portal the same to be reported to stakeholders/ raise grievances on portal/ liaise or follow up with tax portal helpdesk
Annual review and update of Process Documents (SOPs) basis latest guidance/ regulatory change/ change in the process.
Monitoring GST related GL accounts by conducting daily/ monthly reconciliations and run checks for any anomaly. Report differences if any or highlight incorrect/partial or manual entries passed to the respective stakeholders for rectification and action basis guidance documented in the process.
Perform sample checks and file various tax returns on reporting portal and ensure to review discrepancies if any, raised by the portal and get the same resolved.
Requirements
This role requires 1-3 years of overall Banking exposure
Minimum Graduation or as required for the role, whichever is higher
Understanding of Bank’s systems (HUB), Excel proficiency.
Adherence to all applicable operational risk HSBC Standards and policies, reporting any breaches in accordance with local procedures
Skills
Excellent spoken and written communication skills
Real and effective Stakeholder management skills
Attentive learner who can pick up the training in short duration and be productive at the earliest
Expertise (post onboarding)
Management of workload through proactive prioritization
Take responsibility for identifying potential risks and actual issues, and quickly put actions in place to mitigate them
Capabilities
Effective communication with Customers/Stakeholders/Colleagues
Working in a Dynamic Environment
Working Responsibly
Customer Centricity
Problem Solving and Critical Thinking
Strengthening Stakeholder Relationships
Using Business Systems and Processes
You’ll achieve more at HSBC.
HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment.
Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.
Issued by The Hongkong and Shanghai Banking Corporation Limited, India
==========================================================================================================================================================
💡 Quick Summary
Seeking a career-building opportunity? The AVP-Banking Services, TAX Operations position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
