Tax Compliance - Accounts Payable, Associate

Job Description:

In Scope of Position based Promotions

Job Title: Tax Compliance - Accounts Payable, Associate

Location: Jaipur, India

Role Description

• Candidate is responsible for managing end-to-end TDS compliance, including TDS reviews, reconciliations, Payments, statutory filings, and responses to regulatory queries.

• Supports corporate tax assessments and tax audits through document management. Coordination with Finance, Group Tax, auditors, and tax authorities.

• Ensures adherence to evolving Indian tax regulations while maintaining robust tax documentation, controls, and compliance processes.

• Candidates with exposure to US tax compliance and reporting processes will be preferred.”

What we’ll 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

Taxation – Direct Taxes:

TDS Compliance:   the responsibilities of this role include:

• Daily TDS check, Pre & Post Payment Check and maintaining Tracker thereof
• Preparation of Monthly TDS reconciliations, creating adjustments entries, adjustment of Monthly/Yearly provisions.
• Monitoring timely depositing of monthly TDS, correct and accepted TDS demand (relating to vendor payments) raised by Tax Authorities, with Government Treasury.
• Maintaining tracker for Lower Deduction Certificate. Monitoring inventory of all TDS exemptions and other relevant documents (eg. TRCs etc.) Based on which concessional tax rate is applied.
• Responding to TDS related queries from Vendor, Invoice Processing Team, P2P Team and Requestors.
• Monitoring and reviewing Quarterly TDS Statements 
• Determining interest liability for short deduction / late deduction etc.
• Providing MIS on TDS done section-wise / quarter wise (in format pre-agreed) to Group Tax.
• Maintaining inventory and documentation of all TDS challans, demand paid challans etc.
• Liasoning with requestor, should a particular clarification / documentation required for determination of TDS (on residents / non-resident vendors).
• Liasoning with Group Tax in case of a query relating to application of TDS rates / any other TDS compliance related matter.
• Accompanying Group Tax / Auditors, should there be a need to explain / present underlying facts / details to TDS authorities during TDS audit / assessment by TDS authorities.
• Preparing first cut draft letters (with all attachments) for review of Finance / Group Tax, for responding to queries by Tax Authorities relating to TDS done by AP.

Corporate Tax Compliance: the responsibilities of this role include:

• Monitoring retrieval of documents required to be presented (in timely manner) to Tax authorities during DB Group entities Corporate Tax Assessments. Collating and presenting the details to Finance / Group Tax in format pre agreed.

Tax Audit Compliance: the responsibilities of this role include:

• Coordinating with Finance & LEC’s for Trail Balance
• Preparation of Tax Audit report - Where Profit & Loss Account to be matched with TDS return. Providing justification for non-deduction of TDS
• Preparing reconciliation of Profit & Loss Account & TDS return
• Liasoning with Auditors/Finance/Group Tax for Tax Audit related queries

Other related activities: the responsibilities of this role include:

• Any other activity which may require to be carried our relating to above broad areas (or new tax levy relating to Vendor payments) on account of changes in process / procedures followed by Indian Tax Authorities or Indian Tax Laws , from time to time.

Your skills and experience

Work Flow

(Touch points within and between units)

• Procurement Operation  
• AP team
• Finance Teams
• Auditors
• Group Tax team
• Vendors
• Tax officials

Desired Personality Traits

• Commerce Post Graduate /Graduates with good academic record
• Understanding of Tax Laws & Rules
• Advanced Excel & Power Point Presentation skills.
• Technical and analytical skills
• Good communication, interpersonal and relationship management skills.
• Ability to prioritize and meet deadlines, Strong team player, High integrity and good track record 

Qualifications

• Person with experience of working in areas related to taxation.

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.