Job Description

Job Level

CWR

Location

Mumbai

Shift Timing

India

Role Description:

Summary:

 

Bank has been formed with the objective of establishing a global processing center and is engaged in providing back-office services / IT enabled services to support various business lines of Bank entities globally.  The Company is a Software Technology Parks of India (‘STPI’) Unit operating from Bangalore, Mumbai and Pune and is also a Special Economic Zone (SEZ) unit operating from Jaipur.  

Bank’s Finance division manages the Financial reporting and performance of the Bank.  We advise senior management on the financial performance of all the areas of the Bank.  Finance is also involved in performance and cost analysis, P&L & Balance-sheet reporting, regulatory & Tax reporting and are extensively involved in franchise-wide initiatives like reduction of costs, manage risk and improve performance. We deliver information to our stakeholders which includes business, tax authorities, regulatory authorities, and auditors.

The propose job is part of teams handling Tax Compliance, Regulatory Reporting, Country Finance & Infrastructure Finance functions of Bank Group entities in India. This role has functional responsibility of Tax Compliance, Regulatory and Cost Reporting including inter-company charges and settlement. This requires collaboration with the various Finance teams which includes Country Finance, Infrastructure Finance, Accounting Close & Business Finance teams.

 

Professional Qualification

Candidate should be a Inter Chartered Accountant / MBA Finance from reputed university with 3 to 5 years of post-qualification experience in Tax / Financial control in BFSI Sector. 

Functional responsibilities

  • Assist the direct and indirect tax- operations processes, covering Income Tax, Withholding Tax, Transfer Pricing, GST and STPI, SEZ, Customs. Assist in Head Office Tax WorkBook submission.
  • Support the financial, regulatory and cost reporting related matters
  • Support external statutory audit work on annual basis.
  • Support internal audit work as and when required
  • Support regulatory team on various filings and submissions to RBI
  • Participating in change initiative from Finance perspective including system setups & changes, process review/re-design pertaining necessitated by any process improvement idea/regulatory requirement
  • Work in close coordination with Finance Service centres at Pune and Manila
  • Maintaining database of all tax notices received and responses provided.
  • Raising Purchase Orders (POs) and ensuring that the same are approved and saved appropriately.
  • Any other support as maybe required to Finance Team.

 

Soft Skill:

 

Communication

·        Ability to communicate effectively (oral & written)

Working / Analytical abilities

·        Working knowledge of SAP and ability to understand the complex system architecture and platforms

·        Experience of process migrations.

·        Displays a high degree of control awareness

·        Attention to detail and big picture view

·        Able to logically present results of work

·        Strong sense of compliance

Time Management Skills

·        Well organized

·        Ability to work under pressure and to deadlines

·        Ability to manage own time

Drive and Motivation

·        Passion for change

·        Diligent, thorough, shows initiative and is proactive

·        Ability to challenge status quo.

People Management

·        Ability to work with diverse teams across functions & divisions in a matrix organization for delivery on business goals.