Specialist 2, Direct Tax

About the Role

A career in Finance, within Internal Firm Services, will provide you with the opportunity to help PwC in all aspects of our Finance internal function including financial planning and reporting, data analysis, and assisting leadership with overall strategy. You’ll focus on recording and analysing financial transactions, paying and receiving invoices, maintaining financial statement ledger accounts, and preparing analysis and reconciliations of bills to detect fraud. Our Internal Tax team provides internal services related to financial services, treasury and taxation. As part of our team, you’ll help the team provide a full range of taxation services to PwC related to complex financial reporting, cost management, tax planning, investment management and transaction processing. The person will majorly be working on direct tax matters for PwC India member firms. These relate to tax advice including WHT tax on foreign payments, compliances in India and overseas, preparation of responses on queries of tax authorities, collating details & preparing data for assessment proceedings, analysis of various reports, etc. This will include reconciliation of source data, identification of mismatches and taking corrective measure to address those mismatches and finalizing the source data before carrying out the computational exercise. This will be an internal role and there will not be any external client’s involvement.

Key Responsibilities

• Preparation of details for ongoing income tax litigations in connection with assessment/ appeal and coordinating with outside/in-house consultant.
• Review of various income/expenses schedules required in connection with the assessment proceedings.
• Assisting in preparation of computations, deferred tax provisions, Tax audit report, ITR filing & filing of Income tax return for company/firm.
• Handling of TDS defaults notices/review of TDS returns and rates.
• Advising on tax implications (including WHT on foreign payments).

Requirements & Tech Stack

• Sound working knowledge of MS Office (Word, Excel) and Power Point.
• Direct Tax
• Income tax returns
• Corporate Tax

Qualifications

• B.Com, BBA, M.Com, MBA, PGDM

Preferred:

• Good presentation and communication skill (both written as well as speaking).
• Ability to handle high volume data.