IN_Associate _IDT_Indirect tax_TRS_Hyderabad

Job Description & Summary: A career within Indirect Tax Practice provides comprehensive advice and assistance on Customs duties, CENVAT (Central Excise), Service Tax, VAT (including works contract taxes and lease taxes), Foreign Trade Policy, Free Trade Agreements and Cross border supply chains and anti dumping duties 

Responsibilities: 

The tasks, roles and responsibilities pertaining to the job role of an Associate will include the following: 

• Handling advisory and compliance engagements related to Indirect Tax Laws, such as Tax structuring, Advisory and Litigation support pertaining to Goods & Services Tax (GST), Customs and erstwhile Central Excise, Service Tax laws and VAT/CST laws (including relevant rules/ regulations framed under the respective legislation). 

• Preparation/ review of periodical Indirect Tax compliances such as GST returns, erstwhile Excise, Service tax, VAT and CST returns, APR/QPR for EOU, STPI. 

• Assisting the clients in obtaining Statutory Forms from the tax authority 

• Assisting the clients in coordinating with tax authorities for obtaining approvals, registrations, licenses, etc. 

• Ability to discuss basic technical issues, ask appropriate questions and gather relevant information from the clients. 

• Developing good rapport with relevant team members from client side, while assisting them in Indirect tax related work. 

• Responsible for execution of the assigned engagements. 

• Effective implementation and review of work plan. Updating people manager proactively on various work related issues, and assisting people manager in resolution of client queries. 

• Providing timely and high-quality services and work products that exceed the clients’ expectations. 

• Guiding Analysts, Senior Analysts and other team members in execution of work. 

Mandatory skill sets: 

• Good knowledge of Indirect Tax laws relating to GST, Customs and erstwhile Service Tax, Excise, VAT/ CST laws  

• Basic understanding of Direct Tax and Transfer Pricing is expected 

• Knowledge of the current GST developments and impact of the same on the industry 

Preferred skill sets: 

• Excellent written and verbal communication skills 

• Strong analytical skills 

• Well-rounded commercial and economic awareness and understanding of the industry / economy 

• Good interpersonal and networking skills 

• Passion for client servicing  

• Number crunching ability 

• Excellent eye for detail 

• Efficiency in MS office and report writing skills 

• Motivated, creative and decisive in approach to problem solving 

• Ownership and responsibility of clients/tasks delegated 

• Demonstrating innovative and critical thinking in managing projects 

• Capability to nurture the team below, in effective execution of engagements 

Years of experience required: 

0-2 years of experience 

Education qualification: 

• Chartered Accountant (CA) or Lawyer (LL.B.) with relevant exposure. 

• Additional qualification of Company Secretary (CS) would be an added advantage.