Senior Associate - India Tax and Finance

Job Description

Title:                                        Senior Associate

Department:                            India Tax & Finance                

Location:                                 India - GGN                                                                 

Job Type:                                Permanent

Level:                                         3

We’re proud to have been helping our clients build better financial futures for over 50 years. How have we achieved this? By working together - and supporting each other - all over the world. So, join our team and feel like you’re part of something bigger.

Department Description

India Tax and Finance team is responsible for controllership of India domestic entities and its holding company based in Mauritius. The team is responsible for not only maintaining book-keeping but for other statutory and regulatory compliances as well including taxation, SEZ, exchange control and other applicable compliances.

Team’s activity includes:

• Accounting - Month close activities, preparation of year end financial statements and statutory audit, management reporting
• Direct and Indirect taxation compliances - Corporate tax, transfer pricing, Goods and Service tax, litigation management
• Treasury - Liquidity Management, Exchange control compliances, as applicable and payments to vendors and employees
• Regulatory Compliances - SEZ reporting & compliances

In addition to above, the team is involved in global tax work such as -

• Managing group tax compliances - VAT return of overseas entities, Country by Country Reporting including Master File, Group transfer pricing documentation , UK and Ireland tax compliances, US tax reporting and BEPS Pillar II compliances.
• Supporting group tax team in Group year end
• Team, recently has set up a new capability,   Tax Support CoE,  wherein all financial data assimilation , reconciliation and data  required for tax compliance across all regions  will be provided by this team

Purpose of the role

The role will be part of Tax Support CoE (“Centre of Excellence”) and will be responsible for transitioning Tax support work including tax accounting from overseas teams by liaising with transformation team, regional controllers and regional tax teams. Post transition this role will be responsible for managing and providing requirement from overseas tax team and regional controllers based in Continental Europe, UK and Asia Pacific regions.

Key Responsibilities

The key activities involved, amongst others, consist of the below:

• Tax accounting and preparation of tax account reconciliation
• Preparation of draft tax provision computations in compliance with local tax and GAAP rules
• Computation and deposition of advance tax payment, wherever applicable
• Support in preparation of draft tax return (direct and indirect tax)
• Support in reporting and analysis for tax returns (direct and indirect tax)
• Providing financial data to tax team during tax audits and assessment
• Liaising with local financial controller across other regions to provide required clarity to tax teams from time to time
• Support team in preparation of SOPs, roles and responsibilities between tax and finance and agree on KPI
• Ensuring SLAs are  met as mentioned in transition sign off document.
• Support in Automation of tax support processes by working with tech support teams

Experience and Qualifications Required

• /CA Inter/Post-Graduate with 2-3 years of industry/audit experience in accounting and taxation
• Sound accounting and tax knowledge, detail oriented and good with numbers
• Good communication (oral and verbal) and presentation skills
• Good knowledge of MS office
• Working Knowledge of Oracle and HFM/Smartview
• Ability to manage tight deadlines and work pressure at times
• Attitude to Learn
• Team player and automation mindset
• Knowledge of TRCS, automation tools, like Power BI, Power Automate would be added advantage

Feel rewarded

For starters, we’ll offer you a comprehensive benefits package. We’ll value your wellbeing and support your development. And we’ll be as flexible as we can about where and when you work – finding a balance that works for all of us. It’s all part of our commitment to making you feel motivated by the work you do and happy to be part of our team. For more about our work, our approach to dynamic working and how you could build your future here, visit careers.fidelityinternational.com.

For more about our work, our approach to dynamic working and how you could build your future here, visit careers.fidelityinternational.com.