KRA1
Direct Tax Compliance: Ensure all compliance of direct taxes for accurate and timely preparation of all applicable returns, tax payments, assessment details etc.
1. Compute Income Tax by analyzing various items of income & expenditure for allowance & disallowance
2. Calculate Advance Income taxes and deferred tax calculations
3. Deposit TDS on due date monthly basis
4. File TDS return quarterly
5. Download and Issue Form 16 to concerned
6. Check and process Bills of Legal and Professional, AMC, Interest on term loan, Buyer Credit and Inter Unit transactions
7. Analyze & Project income & expenses allowable under income tax
8. Calculate of depreciation as per income tax act
9. Facilitate internal/statutory audit (especially Tax audit) in respective area for internal accounting control
KRA2
Indirect Tax Compliances: Ensure all compliance of Indirect taxes (GST, Customs etc.) for accurate and timely preparation of all applicable returns, tax payments, assessment details etc.
1. Preparation of GST monthly returns (GSTR-1, 2, 3) on timely basis
2. Ensure to avail all GST credit (ITC) on monthly basis without loss to unit
3. Monthly reconciliation of all GL related to GST and sales register & purchase register etc
4. Prepare MIS of tax payment, credit and mismatch report
5. Review qualitative details of all FG
KRA3
Statutory compliances & Liaison:
Ensure timely and accurate compliance with various laws and explore and avail all incentives and tax benefits (Timely collection and utilization of tax benefits)
1. Ensure timely & regular compliance of legal provision & procedure of Income tax, Custom & GST with proper tax planning
2. Conduct In-depth analysis of entire business process in order to avail all incentives and tax benefits available within legal frame work
3. Ensure compliance of export & Import procedures & benefit avail under EXIM policy
4. Coordinate with marketing / CSA/ Import team for document requirement of EI as well as Scrip utilization
5. Represent company before various revenue officials (up to Commissioner level) in respect of adjudicate on & appeals relating all taxes to protect companys interest
6. Ensure Compliance of Company law matters, SEBI Guidelines & other various Govt. Statutory Provisions
7. Regularly liaison with Govt. officials for effective co-ordination
8. Preparation of statement of contingent liabilities and review with DH.
KRA4
Litigation Management:
1. Ensure timely settlement of all litigations and legal pendency
2. Consult & coordinate with advocates for early hearing and favorable closure
3. Preparation & review of contingent liability statements
KRA5
Reports and audits: Monitor and Prepare all types of reports for the concerned as and when required and facilitate all internal and external audits
1. Assist in preparation of all financial reports
2. Facilitate and provide the data to auditors
3. Daily & Periodical reporting on variances between Actual Vs. Target/ Benchmark level of various key performance areas
4. Effectively handle all govt. auditors to minimize their observation and issues
5. Co-ordination with internal and external auditors for audit related issues
6. Co-ordination with various function for updation of audit issues on audit tracking systems
7. Prepare all Business Reports related to Taxation
8. Make Annexure/ notes to audit reports, conduct pre audit checking & pursue to take corrective action, before audit & after audit
9. Ensure timely & proper submission of Income tax detail,
10. Prepare & submit various information relating to Unit for filing a common representation before Ministry of Finance, Govt. of India & CESTAT for imposition of antidumping against import of Caustic Soda
KRA6
System Management (Safety, Sustainability & WCM):
Adhere to safety & statutory environmental requirements
1. Adhere to safety norms & safe operational procedures
2. Adhere to OHSAS & SA 8000 & WCM and sustainability norms
3. Handle emergency situations like Liquid Chlorine leakages etc. under Disaster Management activities
4. Train the team to comply with these norms
