Senior Tax Analyst - Indirect Taxation

Group Tax - Tax Senior Analyst

Job Description:

In Scope of Position based Promotions (INTERNAL only)

Job Title: Group Tax - Tax Senior Analyst

Corporate Title: Assistant Vice President

Location: Mumbai, India

Role Description

Tax representation, compliance and advisory pertaining to Indirect Taxes in India.

Team / division overview :

• At Deutsche Bank, Group Tax manages the Bank's tax affairs.
• In all its activities, Group Tax acts within the overall Group strategy in compliance with applicable legal and regulatory tax requirements on a basis which generates sustainable value and protects Deutsche Bank’s reputation and brand.
• Group Tax is organized by region, corporate function and functional domain with primary functions being  Tax Reporting and Compliance &  Tax Advisory Services.
• Our emphasize is collaborate and leverage on expertise across the teams to support Deutsche Bank meet its tax regulatory obligations, reduce risks and drive sustainable value.
• In Deutsche Bank we offer scale, technology, learning and relationships and challenges to help you evolve your personal and professional personality. We provide you support and platform to develop new skills and make an impact.
• Tax Senior Analyst role is based out of Deutsche Bank AG Mumbai branch, India and will report into Head of Tax Deutsche Bank AG Group India.
• Group Tax India is responsible for managing representation, litigation and advisory activities for DB Group entities in India.  We equip our stakeholders with understanding of the tax landscape, timely update on changes in tax laws and policies in India a and help them make informed decisions.
• The Tax Senior Analyst will work closely with colleagues across functions from Finance, Operations, HR, Business in India as well cross border.

What we will  offer you

As part of our flexible scheme, here are just some of the benefits that you’ll enjoy:

• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above

Your key responsibilities

As a Tax Senior Analyst your key responsibility comprises of representation, tax compliance & advisory:

• Representations:  While the 1st LOD functions will be mainly responsible to explain the data to authorities, that is reported by the 1st LOD function. The responsibilities of this part of the role include:
• Liaison with Revenue Authorities for closure of entity level Audits conducted by Revenue Authorities.
• Ensuring queries raised by Revenue Authorities are responded to in a timely and effective manner .
• Timely updating Management on the developments in audits / queries by Revenue Authorities. 
• Timely highlighting of risks and discussing the possible solutions and taking action in agreement with Management.
• Monitoring the external advisors engaged for providing support in representation before the authorities at various level.
• Tax Compliance:   Whilst tax compliance, including tax payments, tax return preparation and other filing obligations, remains the responsibility of  Business Operations, Finance Tax Operations , Accounts Payable etc, the responsibilities of this part of the role include:
• Timely advising on change in tax laws /compliance requirements. 
• Working with various stakeholders  to facilitate  tax compliance for DB Group in India.
• Periodic reviewing the monthly tax returns/annual tax returns, following up issues arising from internal / external review of tax returns and ensuring appropriate action taken.
• Timely updating of Management and timely escalating the matters resulting in risk,  discussing the possible solutions and taking action in agreement with leadership.
• Monitoring all filing obligations of the Group’s local Indian entities.
• Tax Reporting:  Whilst tax reporting will remain the responsibility of Business Operations, Finance Tax Operations, Accounts Payable etc, this part of the role include:
• Updating Tax Matter Schedule (TMS) on timely basis.
• Updating Bi-monthly and Quarterly reports on timely basis.
• Reviewing and monitoring provisions and contingent liabilities pertaining to indirect tax present and potential exposures.

Your skills and experience

• Strong team player, with proven ability to work in a global team and drive results both collaboratively and independently.
• Strong analytical and communication skills, with ability to influence a wide range of decision-makers.
• Chartered Accountant with 6 to 8 years post qualification experience in Indirect Taxation.
• Business fluent in written and spoken English, German language skills helpful but not mandatory
• Very good Microsoft Office skills (Word, PowerPoint and especially Excel)

How we’ll support you

• Training and development to help you excel in your career.
• Coaching and support from experts in your team.
• A culture of continuous learning to aid progression.
• A range of flexible benefits that you can tailor to suit your needs.

About us and our teams

Please visit our company website for further information:

https://www.db.com/company/company.html

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.

Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.

Experience Level

Senior Level