Standard Chartered—Associate Director, Direct Tax, India

Job description

Description: Job Summary The role involves oversight on tax compliance and providing tax advisory for the Bank and Indian subsidiaries, including assessment and appeals; interacting with the tax authorities, statutory auditors, transfer pricing auditors, appellate authorities, senior tax counsels. The candidate will work with and support other senior members of the tax team. The nature of the role involves specialist knowledge of tax, technical and analytical skills for representation before tax authorities, interaction with multiple stakeholders including external parties such as the auditors and tax/appellate authorities. Key Responsibilities • Oversight and review of tax compliances for Indian entities involving finalisation of tax provision, advance tax computation and payments, filing of income-tax returns, tax audit report, transfer pricing reports, FATCA/ CRS returns etc. in line with the extant tax laws and statutory timelines. • Review of tax accounting including Group reporting and deferred tax accounting. • Assist in assessment proceedings -direct tax and TP and, in appellate proceedings before the Commissioner Appeals and Tribunal • Support in advance pricing agreement (APA) and mutual agreement procedures (MAP) proceedings. • Assisting in providing tax advisory support and guidance to business teams and other internal teams • Advising business on tax implications of transactions, products, and new initiatives • Ensuring audit / assessment ready documentation, positions and defence files are prepared upfront • 2nd line responsibility for oversight on withholding taxes • Utilize technology/AI for drafting responses, improving audit productivity and for other areas to create efficiencies Regulatory & Business Conduct • Display exemplary conduct and live by the Group’s Values and Code of Conduct. • Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct. • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters. Key Stakeholders • GFS Tax CoE team members • Country Finance, Business Finance and other relevant internal stakeholders • Statutory and Tax auditors • Tax Council and revenue authorities Skills and Experience Must-have Skills • Tax strategy • Tax technical and advisory • Tax audits, controversies and advocacy Other Skills • Tax compliance • Tax accounting and reporting • Use of Data, Analytics & Technology • Risk Management and governance • Collaboration and stakeholder management Qualifications • Experienced tax professional with 6-8 years of working experience in banking and financial services tax domain • Chartered Accountant • English, Hindi About Standard Chartered We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us. Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion. Together we: - Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do - Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well - Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term What we offer In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing. - Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations. - Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum. - Flexible working options based around home and office locations, with flexible working patterns. - Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits - A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning. - Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.