Principal Tax Specialist

Posted:
8/8/2024, 5:00:00 PM

Location(s):
Chennai, Tamil Nadu, India ⋅ Tamil Nadu, India

Experience Level(s):
Expert or higher ⋅ Mid Level ⋅ Senior

Field(s):
Accounting

Gen is a global company powering Digital Freedom through consumer brands including Norton, Avast, LifeLock, Avira, AVG, Reputation Defender, and CCleaner. Our combined heritage is rooted in providing safety for the first digital generations. We bring leading technology solutions in cybersecurity, privacy and identity protection to more than 500 million users in 150 countries so they can live their digital lives safely, privately, and confidently today and for generations to come. We're always looking for smart, fearless, and dedicated people. Together, we have collective passion and a big vision to power Digital Freedom by protecting consumers and giving them control of their digital lives. When you’re a part of Gen, you are provided access to a range of resources and support to ensure you can do your best work and live your best life. This includes flexible working options with generous time off and competitive benefits & compensation packages. Diversity is foundational to how we do business because we know the greatest ideas and results come from our unique perspectives and differences. We strive to create a safe, inclusive environment where you can bring your whole self to work. Team members are valued, respected, and celebrated for who they are in a meaningful and exciting atmosphere. Gen is an equal employment opportunity employer. Employment decisions are based on merit, experience, and business needs. 

If this sounds like you—Gen has a dynamic, supportive culture with core values that celebrate diversity, promote teamwork, and encourage every team member to contribute and grow—join us!

About the Role

  • As a Tax Specialist, you’ll be responsible for following direct tax activities for India tax jurisdiction and few foreign tax jurisdictions.

What You Will Do in This Role

  • Calculation and payment of monthly WHT payments for resident and non-resident deducted and preparing Quarterly TDS returns.
  • Calculation of advance tax liability and ensuring electronic payment of advance tax before due dates
  •  Calculation of Tax deprecation as tax laws
  •  Preparation of the Form 3CD, Form 3CEB, Form 56 F, Form 29 B etc. along necessary schedules and annexures, coordinating with other finance teams
  • Liaising with tax auditors to have the relevant direct forms audited and filed electronically after it is reviewed and approved internally.
  • Prepare necessary schedules and details for tax computation and tax return. Extract the necessary details required for tax return (ITR6 ) and complete the ITR
  • Filing of income tax return electronically, after it is reviewed and approved internally, before due dates
  • Keeping track of notices received, date of hearing of assessments, and updating tax tracker and maintaining of historic data of various tax issues year-wise.
  • Tax accounting - Keeping the tax balances as per the accounting standard and passing the accounting entry once order is received from tax department and maintaining prior year chart of tax provision and tax payment made
  • Collating of information, analyzing the information before it is presented to tax authorities for various tax audits.
  •  Preparing submission, schedules and charts required to be submitted to Income tax authorities and appearing before the Income tax authorities, if required, on notices received.
  • Coordination and compilation of information to be provided to consultants for transfer pricing assessments o Guidance to AP team on withholding taxes and verification of the monthly TDS liability and uploading payments.
  • Correspondence with Income tax authorities for any communication received from CPC and other revenue authorities for WHT taxes etc.
  • Provide necessary tax details and information required by statutory auditors o Help in preparation of current & deferred tax provision statement and notes to accounts for related party transactions and provision for tax working.
  • Help in quarterly US GAAP provisions and related working papers (quarterly tax pack) along with Balance sheet recons.
  • Coordinating for information with foreign entity for filing foreign entity tax returns in India before due dates
  • Prepare and complete monthly / quarterly balance sheet recons for direct tax accounts.
  • Support in tax compliances & tax accounting for various other tax judications in Latin America and Europe

What You’ll Need to be Successful in this Role

  • The ideal candidate will have a minimum of 8-9 years of direct tax experience in industry, preferably a multinational corporation. The job requires good written and oral communication skills and expertise in income tax act and basic knowledge on double taxation avoidance agreements (DTAA)
  • Degree in law or accounting - chartered/cost accountant (or equivalent) or graduate degree in taxation preferred.
  •  Understanding of accounting concepts preferred
  • Detail-oriented individual with Excellent analytical and problem-solving skills
  • Ability to communicate clearly and concisely with different functions.
  • Able to extract, analyze, and review data and make appropriate recommendations.
  • Work effectively in a team environment.
  • Hard working, quicker learner with a positive ''can do'' attitude and solid professionalism.
  • Able to work in a fast paced, informal, and often ambiguous environment.
  • Excellent Excel and general computer skills
  • Ability to understand and work with ERP systems.

Gen is proud to be an equal-opportunity employer. We celebrate diversity and are committed to creating an inclusive and accessible environment for all employees. All employment decisions are based on merit, experience, and business needs, without regard to race, color, national origin, age, religion, sex, pregnancy (including childbirth or related medical conditions), genetic information, disability (physical or mental), medical condition, marital status, sexual orientation, gender identity or gender expression, military or veteran status, or any other consideration made unlawful by federal, state, or local law. Gen strictly prohibits unlawful discrimination based on such protected characteristics and seeks to recruit the most talented candidates from diverse cultures and backgrounds. 

 

We also consider employment-qualified individuals with arrest and conviction records. In addition, we will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. Learn more about pay transparency. 

 

Gen complies with all anti-discrimination laws. 

 

To conform to U.S. export control regulations, applicant should be eligible for any required authorizations from the U.S. Government. 

NortonLifeLock

Website: https://www.nortonlifelock.com/

Headquarter Location: Tempe, Arizona, United States

Employee Count: 1001-5000

Year Founded: 1982

IPO Status: Delisted

Last Funding Type: Post-IPO Secondary

Industries: Computer ⋅ Cyber Security ⋅ Information Technology ⋅ Security ⋅ Software