EY – Consultant

Senior 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. variety of transactions.

The opportunity :

EY is looking for Senior 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

– 2 – 4 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 of performing/ reviewing tax compliances under various indirect tax laws

– 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 managing relationship at large accounts

– 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

https://www.iimjobs.com/j/ey-consultant-senior-consultant-indirect-tax-2-4-yrs-1298493.html?ref=rl

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