IN_Senior Associate_Financial Services_Financial Services_TRS_Mumbai

Line of Service

Tax

Industry/Sector

FS X-Sector

Specialism

Operations

Management Level

Senior Associate

Job Description & Summary

A career in our Financial Services Tax practice, within Corporate Tax services, will provide you with the opportunity to help our clients meet their tax obligations while managing the impact tax has on their business. You’ll advise clients on their local and overseas tax affairs, while acting as a strategic consultant related to business analysis, managing working capital, and profit sharing for partners. You’ll also help organisations understand the pricing implications of goods and services between related parties, as well as providing advice on tax implications of deals.

Our team helps our Financial Services clients navigate the frequently changing and complex national and international tax environment related to stringent capital requirements, management of operational tax risks, and tax implications of investing in different jurisdictions. You’ll help our clients with their tax structuring while helping to address the challenges of the continuously changing tax world, both locally and globally.

Why PWC

At PwC, you will be part of a vibrant community of solvers that leads with trust and creates distinctive outcomes for our clients and communities. This purpose-led and values-driven work, powered by technology in an environment that drives innovation, will enable you to make a tangible impact in the real world. We reward your contributions, support your wellbeing, and offer inclusive benefits, flexibility programmes and mentorship that will help you thrive in work and life. Together, we grow, learn, care, collaborate, and create a future of infinite experiences for each other. Learn more about us.

At PwC, we believe in providing equal employment opportunities, without any discrimination on the grounds of gender, ethnic background, age, disability, marital status, sexual orientation, pregnancy, gender identity or expression, religion or other beliefs, perceived differences and status protected by law. We strive to create an environment where each one of our people can bring their true selves and contribute to their personal growth and the firm’s growth. To enable this, we have zero tolerance for any discrimination and harassment based on the above considerations. "

Job Description & Summary

A career within Financial Services services, will provide you with the opportunity to help our clients leverage Financial Services to enhance their customer experiences.

*Responsibilities: 

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

• Working on advisory projects including technical research, drafting memo, presentations and webinars etc.
• Review of transaction documents such shareholders agreements, constitution documents, share subscription agreement, etc. from tax and regulatory standpoint.  Providing comments on such documents.  Undertaking fund structuring, PE review etc.
• Identifying issues / providing solutions on complex transactions
• Interacting with middle management client contacts on day to day matters
• Reviewing and finalising the tax computations –tax returns, withholding tax computation, advance tax etc.
• Independently handling scrutiny assessments including preparing the submissions, highlighting complex tax issues and representations before tax officers
• Co-ordinating with the tax authorities and visiting the tax office of regular follow-ups, rectification, refund follow-up etc.
• Interaction with regulators on informal basis for various queries
• Analysing and interpreting provisions of the Income-tax Act, 1956, Foreign Exchange Management Act, 1999, SEBI regulations and Company Law
• Responsible for the complete execution of the assigned engagements
• Coordinating with Manager/ AD on the planning and management of assignments and ensure timely delivery

Overseeing the work of Associate, Analysts and Senior Analysts.

*Mandatory skill sets 

Working in this discipline will see an Associate working on engagements and teams (sizes of which will vary depending on client/project).

To qualify for the same, an Assistant Manager / Senior Associate will need:

• To be a Qualified Chartered Accountant with 2-4 year of relevant experience
• Thorough knowledge of direct tax and FEMA regulations.
• Should be conversant with SEBI and Company law
• Knowledge of the current developments and impact of the same on the individual taxation.
• Other prerequisite skills include:

• Thorough knowledge of tax regulations, interpretation of treaties, FEMA, SEBI, Company Law etc.
• Demonstrating innovative and critical thinking in managing projects
• Excellent written and verbal communication skills
• Strong analytical and numerical skills
• Good interpersonal skills including the ability to coach juniors
• Passion for client servicing
• Excellent eye for detail
• Efficiency in MS office and report writing skills
• Ability to understand and articulate technical concepts.
• Ability to develop project management and supervisory skills, involving  effective time management and task prioritisation
• Ownership and responsibility of clients/tasks delegated
• Well- rounded commercial and economic awareness and understanding of financial markets
• Motivated, creative and decisive in approach to problem solving

*Preferred skill sets 

Direct tax

*Year of experience required 

• Minimum 3 – 5 years of Direct tax experience 

*Educational Qualification  

• Chartered Accountant

Education (if blank, degree and/or field of study not specified)

Degrees/Field of Study required: Chartered Accountant Diploma

Degrees/Field of Study preferred:

Certifications (if blank, certifications not specified)

Required Skills

Direct Tax

Optional Skills

Desired Languages (If blank, desired languages not specified)

Travel Requirements

Not Specified

Available for Work Visa Sponsorship?

No

Government Clearance Required?

No

Job Posting End Date