Job Description
Role Description
Tax Compliance - Accounts Payable
What we'll offer you
As part of our flexible scheme, here are just some of the benefits that you'll enjoy
• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• 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
Your key responsibilities
• Daily TDS check, Pre & Post Payment Check and maintaining Tracker thereof
• Preparation of Monthly TDS reconciliations, creating adjustments entries, adjustment of Monthly/Yearly provisions.
• Monitoring timely depositing of monthly TDS, correct and accepted TDS demand (relating to vendor payments) raised by Tax Authorities, with Government Treasury.
• Maintaining tracker for Lower Deduction Certificate. Monitoring inventory of all TDS exemptions and other relevant documents (eg. TRCs etc.) Based on which concessional tax rate is applied.
• Responding to TDS related queries from Vendor, Invoice Processing Team, P2P Team and Requestors.
• Monitoring and reviewing Quarterly TDS Statements
• Determining interest liability for short deduction / late deduction etc.
• Providing MIS on TDS done section-wise / quarter wise (in format pre-agreed) to Group Tax.
• Maintaining inventory and documentation of all TDS challans, demand paid challans etc.
• Liasoning with requestor, should a particular clarification / documentation required for determination of TDS (on residents / non-resident vendors).
• Liasoning with Group Tax in case of a query relating to application of TDS rates / any other TDS compliance related matter.
• Accompanying Group Tax / Auditors, should there be a need to explain / present underlying facts / details to TDS authorities during TDS audit / assessment by TDS authorities.
• Preparing first cut draft letters (with all attachments) for review of Finance / Group Tax, for responding to queries by Tax Authorities relating to TDS done by AP.
• Preparation of Tax Audit report - Where Profit & Loss Account to be matched with TDS return. Providing justification for non-deduction of TDS
Your skills and experience
• 1 to 2 years of work experience.
• Strong understanding of Tax Laws & Rules
• Advanced Excel & Power Point Presentation skills
• Technical and analytical skills
• Good analytical and effective communication skills with ability to influence and interact with all levels of the organization
• Independent self-starter with excellent time management skills and ability to prioritize multiple tasks and changing priorities
• MBA Finance/ Commerce Post Graduate /Graduates with good academic record
How we'll support you
• Training and development to help you excel in your career
• 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
Tax Compliance - Accounts Payable
What we'll offer you
As part of our flexible scheme, here are just some of the benefits that you'll enjoy
• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• 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
Your key responsibilities
• Daily TDS check, Pre & Post Payment Check and maintaining Tracker thereof
• Preparation of Monthly TDS reconciliations, creating adjustments entries, adjustment of Monthly/Yearly provisions.
• Monitoring timely depositing of monthly TDS, correct and accepted TDS demand (relating to vendor payments) raised by Tax Authorities, with Government Treasury.
• Maintaining tracker for Lower Deduction Certificate. Monitoring inventory of all TDS exemptions and other relevant documents (eg. TRCs etc.) Based on which concessional tax rate is applied.
• Responding to TDS related queries from Vendor, Invoice Processing Team, P2P Team and Requestors.
• Monitoring and reviewing Quarterly TDS Statements
• Determining interest liability for short deduction / late deduction etc.
• Providing MIS on TDS done section-wise / quarter wise (in format pre-agreed) to Group Tax.
• Maintaining inventory and documentation of all TDS challans, demand paid challans etc.
• Liasoning with requestor, should a particular clarification / documentation required for determination of TDS (on residents / non-resident vendors).
• Liasoning with Group Tax in case of a query relating to application of TDS rates / any other TDS compliance related matter.
• Accompanying Group Tax / Auditors, should there be a need to explain / present underlying facts / details to TDS authorities during TDS audit / assessment by TDS authorities.
• Preparing first cut draft letters (with all attachments) for review of Finance / Group Tax, for responding to queries by Tax Authorities relating to TDS done by AP.
• Preparation of Tax Audit report - Where Profit & Loss Account to be matched with TDS return. Providing justification for non-deduction of TDS
Your skills and experience
• 1 to 2 years of work experience.
• Strong understanding of Tax Laws & Rules
• Advanced Excel & Power Point Presentation skills
• Technical and analytical skills
• Good analytical and effective communication skills with ability to influence and interact with all levels of the organization
• Independent self-starter with excellent time management skills and ability to prioritize multiple tasks and changing priorities
• MBA Finance/ Commerce Post Graduate /Graduates with good academic record
How we'll support you
• Training and development to help you excel in your career
• 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
💡 Quick Summary
Seeking a career-building opportunity? The Service Delivery Assistant| NCT position is now open for candidates interested in the Bank Jobs sector. This role in Jaipur 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.
