Senior Manager - Direct Tax

Job Title:

Senior Manager -Direct Tax

Business Unit:

Global Finance And Accounts

Job Grade

Location :

Mumbai

At Sun Pharma, we commit to helping you “Create your own sunshine”— by fostering an environment where you grow at every step, take charge of your journey and thrive in a supportive community.

Are You Ready to Create Your Own Sunshine?

As you enter the Sun Pharma world, you’ll find yourself becoming ‘Better every day’ through continuous progress. Exhibit self-drive as you ‘Take charge’ and lead with confidence. Additionally, demonstrate a collaborative spirit, knowing that we ‘Thrive together’ and support each other’s journeys.”

Key responsibilities:

• DIRECT TAXATION - Advance Tax and Tax Provision workings, Preparation of Computation of Income and filing of Income Tax Return, Income Tax Assessments & Appeals: 

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      1. Compilation and calculations for Advance Tax, Deferred Tax & Tax Provision workings
      
      
      2. Preparing Computation of Income and Income tax returns
      
      
      3. Preparation and coordination with tax auditors for Form 3CD and its annexures; and Form 29B (MAT audit report)
      
      
      4. Filing petitions and appeals
      
      
      5. Compiling information for income tax assessments/ CIT appeals, prepare/review submission and appearing before the income tax authorities and briefing Senior Counsels
      
      
      6. Advising about TDS applicability
      
      
      7. Maintaining reconciliation of tax records vis, a vis accounting records
      
      
      8. Other compliances like filing SFT, Catering to various Sec. 133(6) & 148/148A notices
      
      
      9. Sharing & Implementing updates as required by law
      
      
      
      
   
   
   
   

• TRANSFER PRICING (TP) – TP Audit along with Country-by-Country Reporting (CbC) [BEPS]

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      1. Analyzing intercompany transactions and ensuring that the transactions are at Arm’s Length
      
      
      2. Filing Form 3CEB and assisting in finalization of T.P. Audit Study Report
      
      
      3. Appearing for transfer pricing assessments before authorities and preparing submissions for transfer pricing assessments
      
      
      4. Filing of Master File and CBCR
      
      
      
      
   
   
   
   

• INTERNATIONAL TAXATION & GLOBAL TAX COMPLIANCE:

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   1. Working on and compliance to Pillar 2 regulations
   
   
   2. Assisting in Merger & Acquisition by providing tax due diligence services to internal stakeholders
   
   
   3. Reviewing foreign remittances from taxation perspective (DTAA & Indian Income Tax),attending foreign remittance audits by Income Tax Dept; and filing of 15CA/15C
   
   
   4. Reviewing Income Tax computation of foreign subsidiaries, working for rationalizing major               disallowances for foreign subsidiaries and providing suggestions for improving the Effective              Tax Rate
   
   
   5. Filing of Master File and CBCR
   
   
   6. Advising overseas subsidiaries in their tax assessments
   
   
   7.  Review agreements with foreign parties for determining tax implications
   
   
   8. Compilation of Global Tax MIS for an overview of all tax laws, compliances, tax refunds, tax                losses across overseas entities in the group
   
   
   9.  Implementing new changes as required by the law
   
   
   
   

Travel Estimate

Job Requirements

Educational Qualification

Qualified CA

Experience

Tenure: 10+ yrs of experience

Your Success Matters to Us

At Sun Pharma, your success and well-being are our top priorities! We provide robust benefits and opportunities to foster personal and professional growth. Join us at Sun Pharma, where every day is an opportunity to grow, collaborate, and make a lasting impact. Let’s create a brighter future together!

Disclaimer: The preceding job description has been designed to indicate the general nature and level of work performed by employee within this classification.  It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees as assigned to this job.  Nothing herein shall preclude the employer from changing these duties from time to time and assigning comparable duties or other duties commensurate with the experience and background of incumbent(s).