Senior Associate - Finance

Job description

Position Title: Senior Associate - Finance (GST) Location: Madurai Coats is a world leader in thread manufacturing and structural components for apparel and footwear, as well as an innovative pioneer in performance materials. These critical solutions are used to create a wide range of products, including ones that provide safety and protection for people, data and the environment. Trusted by the world's leading companies to deliver crucial, innovative, and sustainable solutions, we provide value-adding products including apparel, footwear and speciality threads. With a proud heritage dating back more than 250 years and a spirit of evolution to constantly stay ahead of changing market needs, we have operations across 50 countries with a workforce of over 17,000, serving our customers worldwide. Role Purpose: The GST Specialist manages all internal indirect taxation processes, ensures timely and accurate statutory filings, maximizes legal Input Tax Credit (ITC) recovery, and maintains total compliance with government tax laws. Principal Accountabilities and Key Activities: Return Filing: Prepare and file regular monthly and quarterly GST returns including GSTR-1, GSTR-3B, and annual returns like GSTR-9 and GSTR-9C. ITC Reconciliation: Reconcile purchase data with GSTR-2B to claim optimal Input Tax Credit without discrepancies. Invoice & Data Verification: Check vendor and supplier invoices for correct HSN/SAC codes, tax rates, and legal compliance parameters. Tax Computation: Calculate monthly net tax liabilities (CGST, SGST, IGST) accurately before payouts. Audit Support: Assist internal and external tax auditors by providing required financial reports, ledgers, and transaction trails. Refund: Filing necessary refund documents with the department and attend to their queries and get the refund successfully from department Notice Management: Coordinate responses and documentation for scrutiny notices or queries raised by state or central tax departments. E-Way Bills: Monitor and manage smooth generation and verification of e-way bills for product movements. Education, Qualifications and Experience: Essential Education: Qualified CA/CMA. Experience: 2 to 3 years of hands-on corporate or CA-firm indirect taxation experience. Software Skills: Strong proficiency in SAP, alongside advanced Excel. Knowledge: Up-to-date awareness of current GST amendments, rules, and portal functionalities. Good written and oral communication is required. Desirable Power-BI Skills Attention to detail Managing deadlines Ability to coordinate with cross-functional teams Problem-solving approach Strong in numbers At Coats Group, we are committed to innovation, excellence, and fostering a diverse and collaborative environment where every team member can thrive. If you are passionate about making an impact in the textile industry and eager to join a global leader with a rich heritage and a forward-thinking approach, we invite you to take the next step in your career with us. Apply now to be part of our dynamic team and help shape the future of textiles.