Specialist - Taxation

Job Description

This role will provide expert advice to superiors for Financial Reporting & Accounting and manage the reporting and accounting requirements for the general ledger; to ensure compliance with external and internal accounting reporting requirements in a timely and accurate manner.Your responsibilities include, but are not limited to: Work with direct managers to support financial activities, decision making and general projects. Provide timely, proactive support on the general ledger. Maintain accurate and timely fixed asset information in the fixed asset register including assets under construction and depreciation calculations. Prepare analysis or reporting with particular emphasis on accuracy, compliance and timeliness of data provided (i.e.: reports on profit and loss activity). Provide all data needed for internal (Financial Consolidation and Reporting System) and external reporting (including statutory accounts, national statistics and tax information) in a timely and accurate manner. Provides first line support on SAP issues including fixed assets, cash and general ledger. Contribute to FRA projects at country or BU level. To prepare Monthly TDS & TCS computation and ensure timely tax payment adhering to statutory timelines. To prepare Quarterly TDS & TCS returns and other compliances like downloading TDS certificates, perform 26 AS reconciliation. Responsible for Advance tax & deferred tax calculation on quarterly basis. Assisting with data requirement for Tax audits, Return filing for Income tax. To be involved in providing details as reply to show cause notice etc. received from the tax authorities. To solve queries of the processing team in regards to TDS & TCS applicability to ensure correct withholding tax deduction. To Advice TDS applicability in accordance with DTAA while making payment to foreign vendors/group companies. Perform reconciliation with General ledger accounts. To be updated with current amendments in law regarding Direct tax and advice for updating in SAP as required. Providing tax related data to business as and when required.EEO Statement Novartis is committed to building an outstanding, inclusive work environment and diverse teams representative of the patients and communities we serve.Minimum requirements What you ll bring to the role: BCom Graduate / MBA Finance with 3-4 years of experience in Taxation. Strong analytical skills, and exposure to Indian statutory compliances Good organizational & communication skills, ability to work with different stakeholders in a multicultural environmentWhy Novartis 769 million lives were touched by Novartis medicines in 2020, and while we re proud of this, we know there is so much more we could do to help improve and extend people s lives.We believe new insights, perspectives and ground-breaking solutions can be found at the intersection of medical science and digital innovation. That a diverse, equitable and inclusive environment inspires new ways of working. We believe our potential can thrive and grow in an unbossed culture underpinned by integrity, curiosity and flexibility. And we can reinvent whats possible, when we collaborate with courage to aggressively and ambitiously tackle the world s toughest medical challenges. Because the greatest risk in life, is the risk of never trying!Imagine what you could do here at Novartis!Novartis is an equal opportunities employer and welcomes applications from all suitably qualified persons.Join our Novartis Network: If this role is not suitable to your experience or career goals but you wish to stay connected to hear more about Novartis and our career opportunities, join the Novartis Network here: https://talentnetwork.novartis.com/network,

Keyskills :
fixed assetstax calculationexternal reportingtax auditsstrong analytical skillsdirect taxfixed asset registeranalytical skillsadvance taxgeneral ledger