DESCRIPTION
Key Responsibilities:
- GST Compliance and Reporting :
- Prepare data related to GST returns for the business unit and submit to the ABO Tax team before the due date for consolidation and filing.
- Conduct monthly GST reconciliation on PTD & YTD basis of GST recovery, GST liability, and sales GL.
- Reconcile input tax credit availed with GSTR-2A & GSTR-2B monthly.
- Avail input tax credit and maintain backup documents such as invoices, debit notes, BOE, etc.
- Maintain proper records as prescribed under GST law.
- Support GST assessments and visits to government departments.
- Coordinate with SCM, Sales & Marketing, and IT for routine business activities.
- Work with the warranty service team to track documents for availing credit on invoices received from customers.
- Participate actively in the implementation of GST controls.
- Manage job work tracker, follow-up, and reporting.
- Maintain trackers related to shipping bills, BRC, pending documents, payments to suppliers pending above 180 days, etc.
- Collate details for filing various GST refund claims.
- Prepare submissions to tax notices.
- Coordinate with various internal stakeholders for making submissions, filing tax returns, and other activities related to tax compliance.
- Analyze new transactions for the site to ensure compliance with GST laws.
- Assist in setting up tax processes and tax automation projects.
- Maintain internal controls in tax processes.
- Handle Excise/VAT/CST/GST/Service tax and other state litigations.
- Ensure timely monthly closing as per the timeline.
- Ensure GL reconciliation and handle audits, including statutory or otherwise.
- Ensure timely payment and compliance with state and GST laws.
- Consistent business partnering with production site and commercial teams.
- Tax Compliance and Advisory :
- Execute complex projects related to the application of tax law.
- Prepare complex tax returns and review basic tax returns and tax reconciliations.
- Provide guidance to less-experienced tax staff.
- Research and interpret tax laws, analyze and summarize tax information, and make recommendations to ensure compliance with tax regulations.
- Prepare reports supporting positions taken on federal and state tax returns as well as federal and state tax provisions.
- Support tax audits by gathering data, addressing questions, and resolving issues.
- Coach less-experienced tax staff.
Want more jobs like this?
Get jobs in Pune, India delivered to your inbox every week.
RESPONSIBILITIES
Experience:
- 7-8 years of industry experience in a manufacturing organization.
Competencies
- Financial Regulations Acumen : Evaluates applicable regulations for the financial area of focus to ensure compliance.
- Tax-Based Modeling and Computation : Performs income tax provision computations, tax return calculations, and tax modeling.
- Tax Technical Analysis : Researches applicable regulations, tax code, and case law to ensure compliance.
- Action Oriented : Takes on new opportunities and tough challenges with urgency and enthusiasm.
- Being Resilient : Rebounds from setbacks and adversity.
- Communicates Effectively : Develops and delivers communications that convey a clear understanding of different audiences' needs.
- Demonstrates Self-Awareness : Uses feedback and reflection to gain insight into personal strengths and weaknesses.
- Ensures Accountability : Holds self and others accountable to meet commitments.
- Nimble Learning : Actively learns through experimentation, using both successes and failures as learning fodder.
- Project Management : Establishes and maintains the balance of scope, schedule, and resources for projects.
- Values Differences : Recognizes the value that different perspectives and cultures bring to an organization.
QUALIFICATIONS
Qualifications
- Education : Cost Accountant / Chartered Accountant.
Skills and Experience
- Knowledge/Skills :
- High level of GST-related work experience.
- Well-versed with GST laws.
- Ability to handle voluminous data.
- Proficient in Excel.
- Experience :
- Relevant experience in GST compliance and tax processes.
- Experience in managing tax audits and assessments.
- Experience in a manufacturing organization is preferred.
Job Finance
Organization Cummins Inc.
Role Category Hybrid
Job Type Exempt - Experienced
ReqID 2405204
Relocation Package No