Senior Tax Analyst

SI Group · Bangalore, India

The Senior Tax Analyst will play a critical role in managing direct tax compliance, reporting, transfer pricing, tax accounting, and controversy matters for the Company's India operations. This position will ensure full compliance with Indian tax regulations, support financial reporting requirements, coordinate with external advisors and tax authorities, and contribute to tax planning and process improvement initiatives. The role requires strong technical knowledge of Indian corporate taxation, transfer pricing, tax accounting, and tax audit requirements.

Key Responsibilities

Direct Tax Compliance & Reporting

• Manage all direct tax compliance activities for Indian legal entities, including:
• PAN registrations and related tax registrations.
• Preparation and filing of corporate income tax returns.
• Quarterly TDS/TCS return filings.
• Tax audit and transfer pricing audit filings.
• Computation and payment of advance tax, self-assessment tax, and withholding taxes.
• Monitor compliance calendars and ensure all statutory filing obligations are completed accurately and within prescribed deadlines.
• Review tax computations and supporting schedules to ensure compliance with applicable Indian tax laws.

Tax Accounting & Financial Reporting

• Prepare quarterly and annual tax provisions in accordance with applicable accounting standards and company policies.
• Calculate current and deferred income tax balances, including deferred tax assets and liabilities.
• Perform effective tax rate (ETR) analysis and prepare related reporting packages for management.
• Record and reconcile tax-related journal entries and ensure accurate tax accounting within the general ledger.
• Assist in preparing tax disclosures and income tax footnotes for statutory financial statements and annual reports.

Transfer Pricing

• Coordinate preparation and completion of annual transfer pricing documentation and benchmarking studies.
• Support transfer pricing audits and ensure compliance with Indian transfer pricing regulations.
• Collaborate with global tax and finance teams to maintain transfer pricing policies and documentation requirements.

Tax Audits, Assessments & Controversy

• Coordinate with external tax advisors and consultants during tax assessments, audits, and inquiries.
• Support the preparation and submission of responses to notices issued by tax authorities.
• Manage documentation and information requests related to tax litigation and controversy matters.
• Assist with appeals and representation before tax authorities, including CIT(A), ITAT, High Court, and Supreme Court proceedings.

Withholding Tax & Foreign Remittances

• Ensure compliance with withholding tax and foreign remittance requirements.
• Prepare and maintain supporting documentation for overseas payments and remittances.
• Coordinate Form 15CA/15CB processes and applicable withholding tax analyses.
• Monitor treaty-related documentation and support cross-border tax compliance requirements.

Tax Reconciliations & Process Improvement

• Reconcile TDS receivables and payables with Form 26AS, TRACES, and accounting records.
• Identify and resolve tax reconciliation discrepancies in a timely manner.
• Leverage tax technology and government portals to improve compliance processes and reporting efficiency.
• Maintain organized tax records and support internal and external audit requests.

Regulatory & Stakeholder Management

• Serve as a key liaison between finance teams, external advisors, auditors, and tax authorities.
• Monitor changes in Indian tax laws, regulations, and judicial developments and assess their impact on the business.
• Provide technical tax guidance to finance and business stakeholders as needed.
• Support special projects, tax planning initiatives, and business transactions.

Qualifications

Education

• Chartered Accountant (CA) preferred.
• Bachelor's degree in Accounting, Finance, Commerce, or related discipline.

Experience

• 4-6 years of progressive corporate tax experience in a multinational company and/or Big Four accounting firm.
• Strong experience with Indian corporate income tax compliance, tax accounting, and transfer pricing.
• Experience managing tax audits, assessments, and tax controversy matters.

Technical Skills

• Strong knowledge of:
• Indian Income-tax Act and related regulations.
• Transfer Pricing regulations and benchmarking methodologies.
• Tax accounting, deferred tax, and effective tax rate calculations.
• TDS/TCS compliance requirements.
• Tax audit requirements and statutory reporting.
• Proficiency with Income Tax Portal, TRACES, and tax compliance software.
• Advanced Excel and data analysis skills.

Competencies

• Strong analytical and problem-solving capabilities.
• Excellent written and verbal communication skills.
• Ability to manage multiple deadlines in a fast-paced environment.
• High attention to detail and accuracy.
• Strong project management and stakeholder management skills.
• Ability to work independently while collaborating effectively with global teams.

Preferred Qualifications

• Experience supporting multinational corporations with cross-border operations.
• Exposure to U.S. GAAP tax reporting and ASC 740 tax accounting.
• Experience with ERP systems such as SAP, Oracle, or similar platforms.
• Prior experience working with shared service or global business service organizations.