Tax Analyst

Job description

Scicore Nutra Private Limited (wholly owned subsidiary of Glanbia Nutritionals (Ireland)) is a state-of-the-art facility, located in Sanand Gujarat, dedicated to producing high-quality nutrition products that are safe, effective, and meet the highest standards of quality. Our team of experts is committed to ensuring that every product we manufacture is produced with the utmost care and attention to detail. At our manufacturing unit, we use only the best raw materials and employ advanced manufacturing processes to ensure that our products are of the highest quality. We also adhere to strict quality control measures to ensure that every product meets our rigorous standards. This starts with doing a rigorous vendor qualification as well as testing of all raw materials supplied by these vendors for every batch. We do in-house stability studies to make sure our products last the full shelf life and give the best results to our customers. Our goal is to provide our customers with nutraceutical products that promote health and wellness, and we are committed to using science-backed ingredients and formulations to achieve this goal. We are also committed to continuous innovation and improvement and are always looking for new ways to enhance our products and processes. Role will be based at E-279, GIDC, Nr. Rasulpura Village, II, Bol, Sanand, Gujarat 382170, India Job Title: Tax Analyst Department: Finance & Accounts Employment Type: Full Time, Permanent Key Skills Agile, Self-starter, Problem Solver, SAP System Savvy, Time management, Stakeholder Management. Candidate is preferable from CA firm, should have Direct Tax, Indirect Tax Expertise with relevant experience. Role & Responsibility A. GST Compliance, Accounting & Reconciliation • Review and verify that GST on all purchase and sales transactions is correctly classified and recorded in the books. • Reconcile Input GST as per books with GSTR 2B, identify ineligible credits, timing differences, and follow with respective stakeholders up for corrections. • Reconcile GSTR 1, sales register, and output GST liability, ensuring completeness and accuracy. • Validate that GST payable / receivable balances in books align with GST portal summaries (cash & credit ledger). • Prepare and post GST liability and credit adjustment journal entries for the period. • Coordinate with external GST consultants for return filing, clarifications, and amendments. • Track follow up items arising from mismatches, notices, or portal discrepancies. • Perform input tax credit (ITC) eligibility assessment, including identification of blocked credits and partial eligibility. • Monitor vendor GST compliance, including filing status and accuracy impacting ITC availability. • Track ITC reversals and re availments as per statutory timelines. • Perform annual GST reconciliation between: Books of accounts and GST annual return (GSTR 9 / 9C) B. TDS (Withholding Tax) Compliance & Reconciliation • Review all TDS applicable transactions and ensure correct applicability, rate, and deduction. • Ensure timely accounting of TDS deductions, including vendor and employee payments. • Reconcile TDS payable, deducted, and remitted balances in the general ledger. • Validate monthly and quarterly TDS filings and challan payments with consultants. • Support timely issuance and accuracy of TDS certificates. C. Direct Tax & Advance Tax Support • Assist in preparation and validation of advance tax and deferred tax computations based on current financials. • Support filing of income tax returns and related schedules in coordination with consultants and Group tax team. • Prepare reconciliations between book profits and taxable income. • Maintain documentation for tax audit, assessments, and reviews. D. Transfer Pricing • Coordinate with Central Tax / Group Tax team for transfer pricing compliance. • Maintain and update transfer pricing documentation, agreements, and inter company transaction details. • Support TP audits, assessments, and information requests with accurate data and explanations. E. Payroll & Employee Tax Compliance • Maintain a payroll tax compliance calendar covering payroll taxes, filings, payments, and returns. • Coordinate with HR and payroll teams for tax queries and reconciliations. F. Tax Litigation & Assessments • Prepare and compile documentation, reconciliations, and factual submissions for tax notices and assessments. • Draft initial responses, explanations, and working papers for consultant and management review. • Coordinate with tax consultants and central teams on notices, hearings, and appeals. • Maintain a litigation tracker detailing status, exposure, and timelines. G. Governance, Controls & Audit Support • Maintain proper tax accounting schedules and reconciliations for month end and year end close. • Support internal, statutory, and tax audits, including data extraction and clarifications. • Ensure adherence to statutory timelines and escalate risks proactively. • Continuously track changes in tax laws and assess impact on business transactions (with escalation to Finance leadership) H. Compliance Ownership & Reporting • Own and maintain a comprehensive tax compliance calendar covering GST, TDS, Direct Tax, Payroll Taxes, Transfer Pricing, and statutory filings. • Monitor statutory due dates, filing status, tax payments, and dependencies with consultants and internal teams. • Proactively escalate risks of delayed or missed filings to the Financial Controller with quantified impact. • Ensure management has periodic visibility on compliance status through dashboards or summary reports. • Prepare and present comprehensive monthly tax review pack • Identify opportunities for automation, standardization, and controls strengthening. Benefits Provided: 1 Free Air-Conditioned Transportation to the Factory 2 Paid Leave 3 Tea/Coffee & Canteen Facility 4 Accident Insurance 5 Provision for Bonus & Gratuity 6 Training programs for professional advancement 7 Progressive work environments conducive to personal and professional growth