Consultant - Indirect Tax Specialist

Consultant - TAX - TMT - TAX - Indirect Tax - Core - Bangalore Requisition Id: 1728600 As a global leader in assurance, tax, transaction and advisory services, we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities and creative freedom. At EY, we don't just focus on who you are now, but who you can become. We believe that it’s your career and ‘It’s yours to build’ which means potential here is limitless and we'll provide you with motivating and fulfilling experiences throughout your career to help you on the path to becoming your best professional self. The opportunity : Consultant-TMT-TAX-TAX - Indirect Tax - Core - Bangalore TMT : Industry convergence offers TMT (Technology, Media & Entertainment, and Telecommunications) organizations the chance to evolve and transform, but it also presents challenges around competitiveness and delivering agile corporate strategies for growth. Content distributors are transforming into content producers, service providers are becoming tech companies, technology companies are the catalyst for dramatic change in every sector, and customers want the latest innovations now. We help TMT companies create compelling employee and customer experiences, retaining skills and talent while achieving enterprise-wide operational excellence. We help them protect their data, brand and reputation. We also enable the pursuit of M&A strategies that systematically create value, reduce risk and transform TMT companies into powerhouses that will lead the technology revolution of the future – building a better working world for all. TAX - Indirect Tax - Core : Our globally coordinated tax professionals offer connected services across all tax disciplines to help the clients thrive in an era of rapid change. We combine our exceptional knowledge and experience with the people and technology platforms to equip clients in making better business decisions by bringing insights to the forefront. We help companies understand the tax policies and tax laws of governments around the world to plan and comply accordingly. Our teams leverage transformative technologies to deliver strategy and execution, from tax and regulatory obligations to operations and workforce management, to reduce risk and drive sustainable value. We have competencies in Business Tax Services, Global Compliance and Reporting, Global Law, Indirect Tax, International Tax and Transaction Services. Your key responsibilities Technical Excellence Consultant – Tax – Indirect Tax The multi-layered indirect tax levied both at the Central and State level in India is extremely complex and dynamic. We provide assistance in identifying risk areas and sustainable planning opportunities for indirect taxes throughout the tax life cycle, helping clients meet compliance obligations and business goals around the world. As an indirect tax services professional at EY, you will help leading organizations to identify risk areas and sustainable planning opportunities for indirect taxes throughout the tax life cycle, helping clients meet compliance obligations and business goals around the world. of transactions. The opportunity EY is looking for Consultant in the Indirect Tax team to participate in engagements and compliances related to Indirect taxation-mainly Goods and Services Tax (GST) and other Indirect Tax Laws, Appeals, Tax Restructuring, Tax Advisory and consulting pertaining to GST, Service Tax, VAT, Excise and Customs and Indirect Tax Compliance. Your key responsibilities Implementation support to clients on GST projects – Team along to support clients in implementing GST, undertake GST impact analysis, manage compliances under GST and identify transition issues. Understanding of client issues-Ability to discuss basic technical issues, ask appropriate questions and gather relevant information from the client. Develops rapport with the lower levels of client management; responds in a timely manner, displays commitment to outstanding client service. Responsible for the complete execution of the assigned engagements -. Analysis & Interpretation of Provisions under the Central Excise Act & Rules framed thereunder, Customs Act & Rules thereunder, Cenvat Credit Rules, Service Tax Statute, Provisions pertaining to VAT, issues relating to Classification and Valuation of Goods under Central Excise and Customs, Issues pertaining to Excise Rules, Modvat/Cenvat Credit Rules and Cenvat Accounting, Indirect Tax Compliances including VAT, Service Tax, STPI (b). Coordination with the department for obtaining approvals, registrations, etc. Awareness of services that the practice provides-Builds internal networks to develop understanding of service line offerings and bring potential opportunities to the attention of the team. Networking & Identification of opportunities-Begins to identify new opportunities for existing clients and communicates to manager. Networks internally within the peer group and other levels in the firm in order to gain understanding of issues that may impact issues with his clients. Effective implementation and review of work programs. Updates the manager proactively on various work related issues. Coordinates with the Manager/Senior Executive the planning and management of assignments. Provides timely and high-quality services and work products that exceed client expectations Skills and attributes for success Passion to work in indirect tax field Good command over MS Excel –can use formulas and comfortable with computations Analytical ability Good understanding of indirect tax laws including GST Strong interpersonal skills (ability to liaise at all levels) Commitment to on-going self-development Ability to communicate and interact with clients Ability to cope under pressure and meet deadlines Good time management skills To qualify for the role you must have A certified Chartered accountant, or graduate degree in Law/LLB or any other Diploma with post qualification and/or articleship experience 1 - 2 years of post qualification experience in Indirect tax Knowledge of relevant indirect tax legislations viz. Goods & Services Tax, Customs law, Foreign Trade Policy etc. Experience of applying the indirect tax legislations in practical scenarios Experience in managing assessment/ audits/ litigations for clients Experience of appearing before tax authorities to represent matters Experience of applying technology for indirect tax problem solving – ERP, data analytics etc. Experience of representing the firm before clients, building relationships and generating business Reasonable knowledge about other tax legislations, accounting, process improvements etc. Ability to build network within the organisation and leverage learnings & relationships Skills and attributes To qualify for the role you must have Qualification Chartered Accountant Experience Chartered Accountant What we look for People with the ability to work in a collaborative manner to provide services across multiple client departments while following the commercial and legal requirements. You will need a practical approach to solving issues and complex problems with the ability to deliver insightful and practical solutions. We look for people who are agile, curious, mindful, and able to sustain positive energy, while being adaptable and creative in their approach. What we offer Fuelled by the brilliance of our people, EY has emerged as the strongest brand and the most attractive employer in our field, with market-leading growth over competitors. Our people work side-by-side with market-leading entrepreneurs, game-changers, disruptors, and visionaries. As an organization, we are investing more time, technology, and money than ever before in skills and learning for our people. At EY, you will have a personalized Career Journey and also the chance to tap into the resources of our career frameworks to better know about your roles, skills, and opportunities. EY is equally committed to being an inclusive employer, and we strive to achieve the right balance for our people—enabling us to deliver excellent client service while allowing our people to build their careers as well as focus on their wellbeing. If you can confidently demonstrate that you meet the criteria above, please contact us as soon as possible. Join us in shaping the future with confidence. Apply Now