Assistant Manager Taxation

Position: Assistant Manager – TaxationDepartment: Finance & Accounts – TaxationLocation: Mumbai – Corporate OfficeReporting To: Finance & Taxation LeadershipRole OverviewWe are seeking a detail-oriented and technically proficient Deputy Manager – Taxation to manage direct tax compliance, statutory reporting, tax assessments and financial compliance activities for NITCO Limited and its group entities.The incumbent will be responsible for ensuring timely and accurate tax filings, managing TDS/TCS compliances, supporting financial consolidation, coordinating with statutory auditors and tax consultants, and assisting management in tax planning and regulatory matters.The role requires strong knowledge of Indian taxation laws, financial reporting, SAP and corporate tax compliance, along with the ability to manage multiple statutory deadlines.Key Responsibilities Direct Tax Compliance & ManagementManage end-to-end income tax compliance for NITCO Limited and its group entities. Prepare and review Income Tax Returns, tax audit schedules and supporting documentation. Compute advance tax liabilities and ensure timely payment of statutory dues. Coordinate with auditors and tax consultants for tax audits, assessments and return filings. Monitor amendments to income tax regulations and ensure appropriate implementation. TDS, TCS & Withholding Tax ComplianceManage monthly and quarterly TDS/TCS calculations, reconciliations and statutory filings. Ensure timely filing of TDS returns, including Form 26QB, wherever applicable. Review withholding tax applicability and rates for domestic and international transactions. Coordinate SAP-related tax configurations and implement changes in statutory requirements. Resolve vendor-related TDS queries, mismatches and reconciliation issues. Ensure compliance with statutory timelines while minimizing interest, penalties and exposure to tax risks. Tax Assessments, Notices & Litigation SupportManage income tax notices, scrutiny assessments and departmental queries. Prepare documentation, reconciliations and submissions required by tax authorities. Coordinate with external tax advisors and consultants for appeals and assessment proceedings. Maintain comprehensive records of tax assessments, notices and related correspondence. Support timely resolution of tax disputes and compliance-related matters. Financial Reporting & Group ConsolidationPreparation and finalization of quarterly consolidated financial statements for subsidiaries and annual financial statements for group entities. Coordinate with statutory auditors for timely closure of financial reporting requirements. Prepare and review Related Party Transaction (RPT) disclosures and supporting schedules. Assist in standalone financial reporting, reconciliations and regulatory disclosures. Ensure accuracy, consistency and compliance with applicable accounting and reporting standards. Tax Planning & Business AdvisorySupport management in corporate tax planning and tax-efficient business structuring. Assist in taxation-related aspects of corporate restructuring and group transactions. Identify potential tax exposures and recommend appropriate corrective actions. Provide taxation guidance to internal finance, accounts and business teams. Evaluate the impact of changes in tax legislation on business operations. Educational Qualification & ExperienceQualificationChartered Accountant (CA) with relevant taxation experience of 3-5 years. Additional certifications in taxation or financial reporting will be an advantage. ExperienceRelevant experience in corporate taxation, direct tax compliance, TDS/TCS and statutory reporting. Prior experience in a manufacturing organization, listed company or multi-entity corporate environment will be preferred. Exposure to group consolidation, income tax assessments and regulatory compliances is desirable. Technical SkillsStrong knowledge of the Income Tax Act and applicable direct tax regulations. Hands-on experience in TDS/TCS compliance, tax audits and Income Tax Return filings. Working knowledge of GST and corporate regulatory compliances. Proficiency in SAP, MS Excel and financial reporting systems. Understanding of accounting standards, financial consolidation and RPT disclosures. Key CompetenciesStrong analytical and problem-solving skills. High attention to detail and accuracy. Effective stakeholder management and communication. Ability to manage multiple statutory deadlines. Sound judgment and understanding of tax-related risks. Strong ownership, confidentiality and professional integrity. Ability to work independently and collaborate across functions. Powered by Webbtree