Associate Director - Taxation
Mumbai
Finance – Finance /
Full-time /
On-site
All about Zeta Suite :
Zeta is a Next-Gen Banking Tech company that empowers banks and fintechs to launch banking products for the future. It was founded by Bhavin Turakhia and Ramki Gaddipati in 2015.Our flagship processing platform - Zeta Tachyon - is the industry’s first modern, cloud-native, and fully API-enabled stack that brings together issuance, processing, lending, core banking, fraud & risk, and many more capabilities as a single-vendor stack. 15M+ cards have been issued on our platform globally.
Zeta Tachyon offers:-
-Rich digital-first cardholder experiences.
-Native embeddable banking support.
-Hyper-Personalisation Policy Engine to launch segment-of-one card programs.
-Web-based product configurators to launch in days vs. quarters.
-Rapid innovation & extensibility via APIs, event streams, and more.
-Modern & intuitive web-based back office experiences.
-Next-gen regulatory risk & compliance capabilities.
Zeta is actively working with the largest Banks and Fintechs in multiple global markets transforming customer experience for multi-million card portfolios.
Zeta has over 1700+ employees - with over 70% roles in R&D - across locations in the US, EMEA, and Asia. We raised $280 million at a $1.5 billion valuation from Softbank, Mastercard, and other investors in 2021.
About the Role
The person would be owning and accountable for direct and indirect tax end to end management for the group in India and overseas. The person would be a part of the tax team and reportable to the tax head.
Responsibilities
- Tax compliances and advisory
- Manage tax compliance process
- Improve tax processes by developing and implementing best practices
- Identify and suggest implementation of tax optimization strategies
- Review of transfer pricing and withholding tax policy of the group
- Evaluate tax implications on group restructuring and international transactions
- Must possess good technical knowledge to interpret tax laws and treaties
- Prepare advance tax computations, get it reviewed from team leader and ensure timely payments
- Prepare / review, finalise and file direct tax returns in India and overseas jurisdictions in timely manner
- Responsible for filing tax audit reports, transfer pricing compliances, equalization levy compliances, SFT compliances, etc
- Filing / arranging form 15CA/CB for foreign remittances
- Responsible for obtaining 197, 281, Tax residency Certificates, etc from the relevant authorities
- Responsible to handle all tax related information data requests, review of documents, maintain backup files, coordinate with auditors, consultants etc
- Responsible for overall adherence with GST provisions
- Review of indirect tax returns, reconciliation and ITC credits
- Review of business agreements from tax perspective and provide comments from WHT and GST perspective
- Litigations
- Responsible for drafting / reviewing, filing of tax submissions, appearing for proceedings and completion of tax assessment
- Follow up with tax authorities for tax assessment/reassessments, order giving effects, refunds, appeals, notices, summons, departmental audits, etc
- Coordination with tax consultants in relation to tax assessments / appeal
- Maintain status of Indian and global direct tax assessments, demands and refunds
- Track updates and development in tax laws
- Keeping abreast with the latest changes in Indian as well as overseas tax laws which primarily have impact on the group entities, primarily related to Equalization Levy, Royalty and SaaS taxability, DTAA’s
- Discuss the implications of the developments with the team leads
- Conducting learning sessions for stakeholders
Skills
- Functional Competencies
- Chartered Accountant with a minimum of 12 years work experience in the taxation vertical, preferably having experience in a Service/ IT industry or a B2B SaaS or fintech sector or Big 4 firms.
- Exposure to various overseas jurisdictions (Singapore, USA, Brazil, UAE etc.) in which group operates will be an added advantage
- Behavioral Competencies
- Proven work experience as a tax manager or similar role
- Knowledge of Indian direct taxes, international tax, DTAA, etc.
- Excellent knowledge of tax accounting, tax compliance and all types of tax returns
- Ability to work well independently as well as the ability to work well with various inter-departmental stakeholders to collate any required information
Life At Zeta
At Zeta, we want you to grow to be the best version of yourself by unlocking the great potential that lies within you. This is why our core philosophy is ‘People Must Grow.’ We recognize your aspirations; act as enablers by bringing you the right opportunities, and let you grow as you chase disruptive goals.
#LifeAtZeta is adventurous and exhilarating at the same time. You get to work with some of the best minds in the industry and experience a culture that values the diversity of thoughts. If you want to push boundaries, learn continuously and grow to be the best version of yourself, Zeta is the place to be! Explore the life at zeta
Zeta is an equal opportunity employer.
At Zeta, we are committed to equal employment opportunities regardless of job history, disability, gender identity, religion, race, marital/parental status, or another special status. We are proud to be an equitable workplace that welcomes individuals from all walks of life if they fit the roles and responsibilities.