Line of Service

Internal Firm Services

Industry/Sector

Not Applicable

Specialism

Operations

Management Level

Manager

Job Description & Summary

At PwC, our people in tax services focus on providing advice and guidance to clients on tax planning, compliance, and strategy. These individuals help businesses navigate complex tax regulations and optimise their tax positions.

In tax regulatory at PwC, you will focus on monitoring and interpreting tax regulations and legislation. In this field, you will provide advice and guidance to clients on the impact of regulatory changes, helping businesses stay compliant with tax laws and regulations and adapt their tax strategies accordingly.

*Why PWCAt PwC, you will be part of a vibrant community of solvers that leads with trust and creates distinctive outcomes for our clients and communities. This purpose-led and values-driven work, powered by technology in an environment that drives innovation, will enable you to make a tangible impact in the real world. We reward your contributions, support your wellbeing, and offer inclusive benefits, flexibility programmes and mentorship that will help you thrive in work and life. Together, we grow, learn, care, collaborate, and create a future of infinite experiences for each other. Learn more about us.At PwC, we believe in providing equal employment opportunities, without any discrimination on the grounds of gender, ethnic background, age, disability, marital status, sexual orientation, pregnancy, gender identity or expression, religion or other beliefs, perceived differences and status protected by law. We strive to create an environment where each one of our people can bring their true selves and contribute to their personal growth and the firm’s growth. To enable this, we have zero tolerance for any discrimination and harassment based on the above considerations. "

Job Description & Summary: A career in Finance, within Internal Firm Services, will provide you with the opportunity to help PwC in all aspects of our Finance internal function including financial planning and reporting, data analysis, and assisting leadership with overall strategy. You’ll focus on recording and analysing financial transactions, paying and receiving invoices, maintaining financial statement ledger accounts, and preparing analysis and reconciliations of bills to detect fraud.

Our Internal Tax team provides internal services related to financial services, treasury and taxation. As part of our team, you’ll help the team provide a full range of taxation services to PwC related to complex financial reporting, cost management, tax planning, investment management and transaction processing.

Job Position Title:

Manager_Direct Tax_Direct Tax_IFS_Gurgaon

Responsibilities:

Tax Function strives to support the organization’s objectives by adding value through tax planning, preserving value by reducing tax risks, and enhancing value by finding opportunities. Prompt management of tax and regulatory compliances, adapting operating model to tax and regulatory environment and assisting in strategic decision making. Regularly assess and improve operations and stay abreast of the relevant global tax & statutory changes with the aim of boosting Tax efficiency and effectiveness. 

  

Influencing Stakeholders   

Advising business to protect profitability on additional cost of doing business in domestic and cross border markets.  Ensure the monitoring of the tax governance and alignment on tax positions adopted by the engagement teams, IFS and finance teams.  Managing relationship with tax consultants and IFS functions to ensure effective compliance on tax and regulatory positions and policies to minimize possibilities of litigation. Manage relationships with internal and external auditors to ensure effective completion of audit. 

  

Financial Metrics:  

Monitor tax governing framework on tax assets realisation to avoid working capital lock in and ensure review of the operations to avoid any tax leakage. 

Tax Compliance  

Responsible for timely execution of Tax and regulatory compliance with accuracy and quality. Responsible for adequacy of Tax provision, owner of Tax accounts & ensuring tax positions is followed. 

Tax Assessments  

Ensure effective tax assessments & litigation management by conducting due research on tax matters to ensure effective representation of the tax position adopted with detailed documentation within timelines. Ensure timely closure of audit points with complete and accurate submission of the schedules and documents. Ensure timeline response to engagement consultation and adequate safeguard in the engagement documents from tax and regulatory perspectives. Ensure the engagement teams and other stakeholders understand the tax impact and consider in the business transactions. Ensure the application controls are inbuilt in financials and tertiary applications and regular review of the same to ensure effective controls. Regular review of the exception reporting and undertaking corrective action.  Ensure effective maintenance of the documentation with respect to compliance and assessments and timely update in the reporting applications. Effective contribution to the firm's strategic projects ensuring the finance aspects are duly considered. Responsible for the actions to mitigating tax and regulatory risks on firm policies and business model. Ensuring accurate tax and regulatory reporting highlighting the exceptions, and staying updated with changes in tax laws, evaluate the impact on operations and business model and ensure the impact is factors in policies and the cost of operations.  Responsible for maintaining robust internal controls and regular review to prevent errors and fraud and ensure the integrity of tax and regulatory reporting. Ensure the firm operations and policies are updated with the latest tax and regulatory framework.  Responsible and report the agreed Process KPI, Strengthen the review mechanism. Ensure timely compliance with governance on monthly reporting.  Adherence to inter departmental deliverables through Interlock documents. Responsible for meeting KQI and RCSA KPI and taking corrective actions for continuous improvement. Review the RCSA periodically under Risk Mitigation strategy and enhance the RCSA framework.  

  

Tax Efficiency Evolution Initiative:  

Take lead in implementation of the technological advancement of the function with best-in-class automation practices, to drive efficiency in the overall finance processes impacting tax and regulatory compliances.  

  

Demonstrating People Leadership:  

Team Management: Supervising and managing a team, including their performance, productivity, and adherence to SOP  Performance Monitoring: Maintaining and evaluating individual and team performance metrics. Ensuring there is fair and equitable measurement of performance  Coaching and Training: Providing constant coaching, monitoring, and training to enhance team members’ futuristic skill sets, knowledge, and Perform regulatory and technical training for the team  Quality Assurance: Maintaining quality standards and conducting frequent quality checks to identify areas of improvement and take corrective actions on the feedback.  Timely recognition of efforts made by individual to enhance the motivation 

Mandatory skill sets:

Direct Tax

Preferred skill sets:

Taxation

Years of experience required:

8+ years

Education qualification:

CA

Education (if blank, degree and/or field of study not specified)

Degrees/Field of Study required: Chartered Accountant Diploma

Degrees/Field of Study preferred:

Certifications (if blank, certifications not specified)

Required Skills

Direct Tax

Optional Skills

Accepting Feedback, Accepting Feedback, Active Listening, Analytical Thinking, Business Strategy, Client Management, Coaching and Feedback, Communication, Compliance and Standards, Complying With Regulations, Corporate Tax Planning, Creativity, Embracing Change, Emotional Regulation, Empathy, Financial Accounting, Inclusion, Intellectual Curiosity, Learning Agility, Optimism, Preparing Tax Documents, Professional Courage, Project Resource Management, Regulatory Change Management, Regulatory Compliance Consulting {+ 11 more}

Desired Languages (If blank, desired languages not specified)

Travel Requirements

Not Specified

Available for Work Visa Sponsorship?

No

Government Clearance Required?

No

Job Posting End Date