Job Overview:
The position will be responsible for managing Indirect Tax including VAT / CST litigations of Pfizer commercial entities in India and provide support for all Direct Tax litigations and compliances from tax provisioning and tax accounting to all tax filings and representation before assessing and appellate authorities. The role holder is required to have a strong understanding of applicable tax laws and should be able to apply them to the business situations and routine operations. He / She should be a team player, who can closely work with other finance and business colleagues and also external consultants.
Position Responsibilities:
- Facilitate and manage the preparation and review of tax returns and quarterly / yearly advance tax calculations and tax provisions based on financial projections. Ensure accurate and timely compliances with all statutory tax and transfer pricing filings including monthly / quarterly withholding tax payments and filings.• Lead and manage tax and transfer pricing audits. Provide support in quarterly financial reviews and annual statutory audits.• Monitor and update tax assessments and litigation status on a regular basis. Ensure timely accounting of tax entries and reconcile the tax balances as per books with the tax returns and tax orders on a periodic basis.• Maintain effective control procedures over all aspects of the tax process. Find and implement opportunities for process improvements in the existing tax procedures.• Manage contracted resources, which support in accounting and collation of details / documents required for accurate tax compliances.• Provide internal tax advisory services and support on business operation matters.• Partnering with country, regional, and global finance, tax, legal, business and operations teams in regular internal reporting and carrying out various strategic or operational initiatives requiring tax involvement.• Closely work with external advisors and outsourced compliance partners in representation and liaising with tax authorities on direct tax assessments, investigations, and litigation matters.• Monitor legislative and regulatory tax law developments, communicate the effects of these developments to management and larger finance team and support in implementing the changes inter-alia in the ERP systems as may be required.
Organizational Relationships:
- As a part of its job responsibilities, the position will regularly interact with:• Peers in larger finance function, legal and compliance teams, offshore transaction processing colleagues, global tax and treasury team, various business teams and other enabling functions (Internal relationships)• Tax and transfer pricing advisors, tax and statutory auditors, trade vendors and customers and tax authorities (External relationships)
Skills/Knowledge/Qualification/Experience:
- Chartered Accountant having relevant experience of approximately 6 to 8 years with strong interpersonal, communication and presentation skills.
- Experience in a Pharma MNC and / or in a Big 4 Consulting firm will be an added advantage.
- He / She should have a sound technical knowledge and experience in VAT laws and Indian direct tax laws including transfer pricing regulations with an understanding of international tax regulations.
- He / She should be a self-motivated individual with strong analytical and problem-solving skills.
Pfizer is an equal opportunity employer and complies with all applicable equal employment opportunity legislation in each jurisdiction in which it operates.
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