B. Com, MBA Finance, CA/CA Inter, CMA/CMA Inter Vacancy In Standard Chartered

Standard Chartered invited applications for the post of Associate Manager - Indirect Tax

Job Summary

• The Indirect Tax Team is an integral part of the Tax/Finance function. It assists Regional Tax Teams across the Globe with their compliance requirements. The Team handles Value Added Tax (VAT), Goods & Service Tax (GST) & Sales & Use Tax (SUT) returns

• The role includes data collation, data analysis, data validation, reports consolidation, reports validation and submission of reports and workings to stake holders on or before the fixed target date.

Key Responsibilities

• Prepare indirect tax returns and conduct comprehensive control checks as instructed.

• Update Senior Manager/AVP on key issues/risks in the process as and when he/she becomes aware.

• Prepare and follow tax calendar

• Proficient in extracting data and producing reports from sources such as PeopleSoft

• Ensure seamless and accurate delivery of indirect tax returns with no misses on timelines

• Prepare and update documentation of transitioned processes and contribute in development of business continuity plan.

• Support implementation of specific tax projects (e.g. India GST)

• To gain detailed understanding of the GST / VAT reporting process and become an SME.

• Assist with global and regional tax initiatives.

• Interact with team members/stakeholders to understand the actual requirements and effective control is in the process. Process and Service Management

• Identify opportunities to remove process waste, engage in standardisation of various reporting packs and encourage, drive and support automation initiatives thereby reduce / remove the non-value adds in the process.

• Establish robust control and governance on the process

• Drive productivity and achieve cost efficiencies through continuous improvement initiatives.

• Drive a culture to capture appropriate metrics for tracking actual hours/ standard hours/ errors etc

• Ensure detailed documentation is maintained and is kept up to date for all processes

Strategy

• Perform and deliver high quality output of the assigned market. Data Quality Assurance should be followed along with the Risk & Control Matrix of Group Tax

Business

• Tax CoE is responsible for producing high quality, timely tax returns & tax reports for the Group and countries. Tax CoE covers financial tax reporting, tax compliance, tax controversy, tax forecasting, client tax reporting and transfer pricing processes

People & Talent

• Develop good working relationships with the team and stakeholders; Use opportunities to develop one’s talent. Better together and follow one team mindset

Risk Management

• Delivery of standard reports as per the commitments in accordance to respective country compliance. Manage the process with no errors. Identify and raise any issues on timely manner

Governance

• Follow Group Tax Policy and follow the requirements for Internal Audits & External Audits

Regulatory & Business Conduct

• Display exemplary conduct and live by the Group’s Values and Code of Conduct. • Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct. • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key stakeholders

• Country Tax Team, GCFO Teams, Business and Central Finance, Business operations and Internal Tax reporting team.

Skills and Experience

• Change Implementation

• Indirect Taxation

• Microsoft Office package

• ERP system

Qualifications

• Strong knowledge and experience on Indirect Taxes. Experience in Indirect Taxes compliance for Banks is an added advantage. • Min 5-8 years of relevant work experience. • B.Com, M.Com, MBA Finance, CA/CA Inter, CMA/CMA Inter

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