Associate Manager - Finance

About Voya:

Voya India (earlier VFISLK) started out as a joint venture between U.S. financial services company Voya Financial and SLK, a software services company and is head quartered at Bangalore. As of Aug 2023, we are a wholly owned subsidiary of Voya Financial. We are a dynamic technology & business process transformation company that provides world-class technology & business process management services, with an emphasis on quality, speed & optimization driven through automation. We support and deliver innovative solutions to Voya’s Retirement, Employee Benefits, and Investment Management businesses.
More information about us is available at: https://www.voyaindia.com

Job Description:

The Tax Associate will play a crucial role in ensuring the company's compliance with all Indian direct and indirect tax laws, with a specific emphasis on managing and documenting the tax implications of intercompany transactions under the cost-plus model. This role requires meticulous attention to detail, strong analytical skills, and a solid understanding of Indian Income Tax and GST laws

Roles And Responsibilities:

Transfer Pricing (TP) Compliance: Assist in the preparation and review of transfer pricing documentation, including the local file and master file, in line with Indian TP regulations.
Intercompany Transaction Analysis: Conduct functional, industry, and economic analyses, specifically focusing on the application of the Cost-Plus Method (CPM) to support arm's length pricing for intercompany services/goods.
Benchmarking Studies: Assist in benchmarking studies to justify the arm's length nature of the cost-plus markups.
Tax Zones: Knowledge of key Policies around SEZ, STPI, DTA inwards of Goods & Services; Outwards supply of IT & IT Enabled services.
Tax Return Preparation & Filing: Prepare and assist in the timely and accurate filing of all direct tax (Income Tax) and indirect tax (GST) returns.
Audit Support & Litigation: Support tax audits and assessments by gathering necessary financial documentation, preparing technical submissions, and responding to inquiries from tax authorities (e.g., Income Tax Department, GST authorities).
Documentation & Record Keeping: Maintain accurate and organized records of all tax-related documentation, financial data, and intercompany agreements to ensure audit-readiness.
Research & Advisory: Research and analyze complex tax issues and legislative changes in Indian and international tax laws, providing insights and recommendations to management.
Collaboration: Coordinate closely with the finance, accounting, and global tax teams to ensure consistency in tax reporting and the integration of tax planning strategies.

Primary Skill:

              India Corporate taxes and GST

Qualifications:

              CA/ B. Com with working knowledge on corporate taxes

Location:

              Bangalore

Mode of Work:

Hybrid