TMF

TMF Group is a leading provider of administrative services, helping clients invest and operate safely around the world. As we’re a global company with 11,000+ colleagues based in over 125 offices across 87 jurisdictions, we actively seek out people with the talent and potential to flourish at TMF Group, whatever their background, and offer job opportunities to the broadest spectrum of people. Once on board we nurture and promote talented individuals, making sure that senior positions are open to all.

TMF India is a Great Place to Work, ISO & ISAE certified organization.

We are looking for a highly motivated and experienced Senior Specialist who has a strong desire to work in a dynamic and fast-paced environment. The ideal candidate will have a deep understanding of direct tax laws and regulations, excellent problem-solving skills

Tax Compliance Services – Implant Requirement

• Monthly compliances- To fetch data from SAP B1, coordinate with AP/AR/GL and India business team to get required data for GST and TDS payments/returns, computation, and finalization.
• Tax Accounting - Providing entries to concerned team for TDS and GST payment and utilization and post correction entries if any.
• Coordination with EY/PWC and BSR team for monthly review and seek opinions if any.
• Balances of GST/TDS in books and reconciliation with return filed and electronic credit ledger- monthly
• Coordination with AP and CA for 15CA CB certificates and follow up with vendors for GST input credit mismatches and reminders
• Reconciliation of tax related GL’s.
• To Verify the monthly TDS/TCS data provided for TDS/TCS payment.
• Coordinate payment of TDS /TCS other than salary into government treasury
• To assist in preparation of TDS/TCS return and filing the same to government after confirmation from client.
• To prepare quarterly TDS/TCS certificates in Form 16A and coordinate dispatch of the same to the client.
• Quarterly compliances- Ability to file TDS returns including revised TDS returns and computation of advance tax working, 26AS reconciliation and tax GL’s reconciliation.
• Annual compliances – Ability to work with tax auditor and statutory auditor (to the extent of tax requirement) for data and preparation of tax audit file, also provide any reconciliations for GST 9C, if any.
• Saving of all data/file/returns in client's one drive systematically.
• To assist in assessment related data
• To follow up with vendor and customer and reply to vendor/customer request if any related to GST and TDS mismatches if any.
• Preparation of IRN and E-invoice on portal for Export invoices
• Preparation of Royalty invoice.

Must-Have Skills:

1.     Proven experience in tax compliance and related activities, including monthly (GST returns and TDS payments), quarterly (advance tax and TDS returns), and annual (tax audit and income tax filing) tax computations. Expertise in both Direct Tax and GST, with strong knowledge of applicable tax regulations.

2.     In-depth familiarity with government portals, including Income Tax e-filing, TRACES, and GST platforms, ensuring compliance with regulatory requirements and timely filing.

3.     Proficient in utilizing Excel for data analysis and reporting, with a strong understanding of SAP/SAP B1 systems for managing tax-related data and financial reporting.

4.     Demonstrated ability to effectively communicate and coordinate with AP, AR, and GL teams, coupled with a solid understanding of accounting principles to accurately post tax entries, manage vendor and customer transactions, and maintain full control over tax-related general ledgers.

Soft Skills:

1.     Strong communication skills and the ability to manage stakeholder relationships effectively, ensuring alignment with business objectives.

2.     Proactive ownership of assigned tasks, with a focus on responsibility and delivering high-quality results within deadlines.

3.     Reliable and trustworthy, demonstrating a strong sense of integrity and accountability in all work-related matters.

Qualifications

1. Educational Background:

• An advanced master’s degree, such as a in Accounting, Finance, Business Administration, or a related discipline, is preferred

1. Professional Experience:

• Extensive experience working with government portals such as Income Tax e-filing, TRACES, and GSTN.
• Proven experience in using SAP/SAP B1 or equivalent ERP systems for managing tax data and preparing financial reports.
• Hands-on experience with monthly, quarterly, and annual tax filings, including TDS, GST, and income tax returns.
• Practical experience in tax audits, statutory filing, and reconciliation of tax-related general ledger accounts

Pathways for career development

• Work with colleagues and clients around the world on interesting and challenging work.
• We provide internal career opportunities, so you can take your career further within TMF.
• Continuous development is supported through global learning opportunities from the TMF Business Academy.

Making an impact

• You’ll be helping us to make the world a simpler place to do business for our clients.
• Through our corporate social responsibility program, you’ll also be making a difference in the communities where we work.

A supportive environment

• Strong feedback culture to help build an engaging workplace.
• Our inclusive work environment allows you to work from our offices around the world, as well as from home, helping you find the right work-life balance to perform at your best.

Other Benefits

• Marriage Gift policy
• Paternity & Adoption leaves
• Interest free loan policy
• Salary advance policy
• Wellbeing initiatives