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Indirect Tax Manager

Indirect Tax Manager

285808

Bangalore

It takes a dream to create a successful business idea....It takes people to make dreams a reality.
 
Working at the IKEA Group means that you are part of an inspiring, fun and fast-paced environment. We’re the world’s largest home furnishing retailer, with 155,000 co-workers and operations in 43 countries, but we value working in a non-bureaucratic way. Here you can always be yourself. In fact, we actively encourage it! At IKEA, we respect each other, our differences and are open to everyone making a contribution. So no matter where you work in the world, you’ll most likely rub shoulders with a diverse group of people – with different backgrounds, special skills and a quirky sense of humour.
 
We offer exceptional career and learning possibilities at IKEA. Our co-workers are encouraged to try different roles, and many change between functions and countries several times in their careers. You can design your own career path according to your development plan and future goals. We believe in every co-worker’s ability to develop. Because as you grow, IKEA grows too. To start growing with IKEA, take a look at our different roles and available jobs.
 

We are currently looking for an Indirect Tax Manager to join our IKEA India team in Bangalore.
 
PURPOSE OF FUNCTION
 
Group Corporate Finance, Tax & Treasury is responsible for supporting IKEA Group companies with specialist knowledge and solutions in the areas of Corporate Finance, Insurance, Treasury, and Tax. Our main responsibilities are: 
 

  • Optimize the IKEA Group capital structure, capital flows, mergers and acquisitions
  • Invest in renewable energy and resource independence
  • Arrange global insurance programmes
  • Manage the IKEA Group overall tax position and a tax control framework
  • Define Treasury related principles
  • Manage our financial assets and relations with financial institutions

The tax function is responsible for the overall tax position of the IKEA Group and we have the mandate to implement, maintain and enforce a tax control framework, including transfer pricing throughout the IKEA Group.  Group Tax consists of a Direct Tax and Indirect Tax team
 
 
OVERVIEW OF THE ROLE
 
Your role will involve but not be restricted to:

  • End to End compliance with indirect tax laws applicable in the country like VAT, CST, Entry tax, Local Body Tax, Purchase Tax, GST etc
  • Calculation and deposit of taxes for all states and filing of returns accurately and in time
  • Preparation of Purchase and sales registers required for filing of returns and audits
  • Arranging C forms, F forms Road permits etc required for inter-state movements of goods
  • Prepare the organization to deal with GST, deposit of GST, and filing of all returns under GST, compliance with ISD provisions, compliance with Annual audit procedures, filing the report and schedules with tax authorities
  • Ensuring that organization is ready and equipped to take all input tax credits accurately under GST to improve profitability
  • Train, educate and mentor finance team to ensure that all required transaction tax compliances is done in accurate and timely manner, input credits are availed correctly and appropriately in all locations
  • Design process manuals, SoPs required to be followed by various departments in organization to ensure compliance
  • Act as a key player in organization wide campaign for spreading GST awareness and changes required from operational perspective
  • Managing supply chain to ensure that organization is ready to deal with operational requirements, ensuring compliance and maximize credit flows  
  • Preparation of Tax schedules and reconciliation, ensuring that tax returns are tallied with books, dealing with statutory and tax auditors
  • Reconciliation of revenue and expenses as per books with taxes (VAT/CST /GST / Entry tax etc) paid and disclosed in returns as well as disclosures made in audited financial statements
  • Dealing with all tax audits and assessment, departmental audits, replies to various queries and notices issued by the department
  • Dealing with tax advisors and consultants for various advises and compliance matters
  • Be a part of group for P2P, Retail, I-shop, Supply Chain process set up.
  • Preparation of Input credit register and reconciliation with books.
  • Assist Country Tax Manager in any other Tax work.

 
 
JOB SPECIFIC EXPERIENCE & SKILLED REQUIRED
 

  • B Com and Chartered Accountant with 6-9 years of experience
  • Experience in VAT and CST for Retail/FMCG Company
  • Experience in handling Tax audits / assessments
  • Working knowledge of direct tax matters and compliances.
  • Ability to work under pressure and lot of ambiguity
  • Communicate clearly and confidently in English
  • Proficient in MS Office skills
  • Excel skills, ability to work with lookups and pivot tables
  • Experience in use of automated accounting systems
  • Experience in multicultural and multinational organisation

ESSENTIALS FOR THE ROLE
 

  • Ability to work through others, set priorities, delegate responsibility and give open and honest feedback.
  • Expert knowledge of Indirect tax laws in India
  • Business-minded with a clear customer focus.
  • Ability to set and implement action plans and provide clear direction and follow up goals over a number of years.
  • Show the potential to apply tactical and operational thinking.
  • Experience of leading in a changing environment.
  • Ability to think commercially by balancing efficiency, inspiration and profitability.
  • Ability to inspire and engage others.
  • Ability to reflect and find value and ideas in collaborating with others.
  • Experienced in creating and implementing short-term plans and following up goals.
  • Show the potential to influence in a matrix organisation.
  • Understand the IKEA organisational structure and how Logistics works in IKEA retailing.
  • Knowledge of the IKEA Concept description manual, including the IKEA vision and business idea, the IKEA culture and values, the IKEA diamond and how it creates our business advantage.

 

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