Senior Associate -Insurance Premium Tax

Job details

•Proposed designation

Senior Associate

•Role type

Individual contributor

•Reporting to

Tax Manager

•Geo to be supported

Global VAT and IPT (Insurance Premium Taxes) Process – EMEA/ APAC/ Canada

•Work timings

8 AM to 5 PM (May differ depending on the profile)

RESPONSIBILITIES

Roles & responsibilities

•Prepare and review monthly, quarterly, and annual Indirect Tax returns (e.g.,

VAT, GST, IPT, sales tax, and other transactional taxes).

•Ensure compliance with local, state, and International Indirect Tax laws and

regulations.

•Coordinate with internal teams and third-party service providers to ensure

timely and accurate submission of Tax returns and payment of taxes.

•Maintain accurate Indirect Tax records and documentation in line with statutory

requirements.

•Assist with Indirect Tax audits, including gathering information, providing

documentation, and resolving any issues raised by tax authorities.

•Respond to inquiries from Clients and Tax Authorities.

•Identify and implement process improvements to ensure Indirect Tax compliance

is handled efficiently and cost-effectively.

•Support the implementation of Tax Technologies and tools to improve Indirect

Tax compliance, reporting, and automation.

•Work closely with AR, AP, Treasury and other operations teams to ensure

Indirect Tax matters are correctly addressed across the business

•Support internal stakeholders on Indirect Tax questions, ensuring a clear

understanding of tax implications for business transactions.

Training & Mentorship

• •Provide guidance and mentorship to junior tax analysts or team members on
• Indirect Tax issues and procedures.
• •Assist in training internal teams on Indirect Tax compliance and best
• practices.

Other Duties

• ·Stay up to date with changes in Indirect Tax laws and provide proactive advice
• to ensure compliance.
• ·Assist in preparing Indirect Tax provisions and other reporting requirements
• for financial statements.
• ·Support ad-hoc Tax projects or corporate restructuring efforts as required.

QUALIFICATIONS

This role is for you if you have the below

Educational qualifications

•Bachelor’s degree in accounting, Finance, Business Administration, or a related

field.

•Additional qualifications such as CA or equivalent certifications are

preferred.

Work experience

•3+ years of experience in Indirect Tax compliance, tax consulting, or a similar

role.

•In-depth understanding of Indirect Tax laws and regulations, including VAT,

GST, sales tax, and accounting.

•Working experience with Indirect Tax APAC/ EMEA region and knowledge around IPT

is an advantage.