Cummins Inc. Hiring for Tax Accountant – Senior at Pune, India Full Time

DESCRIPTION

Key Responsibilities:

• GST Compliance and Reporting :

• Prepare data related to GST returns for the business unit and submit to the ABO Tax team before the due date for consolidation and filing.

• Conduct monthly GST reconciliation on PTD & YTD basis of GST recovery, GST liability, and sales GL.

• Reconcile input tax credit availed with GSTR-2A & GSTR-2B monthly.

• Avail input tax credit and maintain backup documents such as invoices, debit notes, BOE, etc.

• Maintain proper records as prescribed under GST law.

• Support GST assessments and visits to government departments.

• Coordinate with SCM, Sales & Marketing, and IT for routine business activities.

• Work with the warranty service team to track documents for availing credit on invoices received from customers.

• Participate actively in the implementation of GST controls.

• Manage job work tracker, follow-up, and reporting.

• Maintain trackers related to shipping bills, BRC, pending documents, payments to suppliers pending above 180 days, etc.

• Collate details for filing various GST refund claims.

• Prepare submissions to tax notices.

• Coordinate with various internal stakeholders for making submissions, filing tax returns, and other activities related to tax compliance.

• Analyze new transactions for the site to ensure compliance with GST laws.

• Assist in setting up tax processes and tax automation projects.

• Maintain internal controls in tax processes.

• Handle Excise/VAT/CST/GST/Service tax and other state litigations.

• Ensure timely monthly closing as per the timeline.

• Ensure GL reconciliation and handle audits, including statutory or otherwise.

• Ensure timely payment and compliance with state and GST laws.

• Consistent business partnering with production site and commercial teams.

• Tax Compliance and Advisory :

• Execute complex projects related to the application of tax law.

• Prepare complex tax returns and review basic tax returns and tax reconciliations.

• Provide guidance to less-experienced tax staff.

• Research and interpret tax laws, analyze and summarize tax information, and make recommendations to ensure compliance with tax regulations.

• Prepare reports supporting positions taken on federal and state tax returns as well as federal and state tax provisions.

• Support tax audits by gathering data, addressing questions, and resolving issues.

• Coach less-experienced tax staff.

RESPONSIBILITIES

Experience:

• 7-8 years of industry experience in a manufacturing organization.

Competencies

• Financial Regulations Acumen : Evaluates applicable regulations for the financial area of focus to ensure compliance.

• Tax-Based Modeling and Computation : Performs income tax provision computations, tax return calculations, and tax modeling.

• Tax Technical Analysis : Researches applicable regulations, tax code, and case law to ensure compliance.

• Action Oriented : Takes on new opportunities and tough challenges with urgency and enthusiasm.

• Being Resilient : Rebounds from setbacks and adversity.

• Communicates Effectively : Develops and delivers communications that convey a clear understanding of different audiences’ needs.

• Demonstrates Self-Awareness : Uses feedback and reflection to gain insight into personal strengths and weaknesses.

• Ensures Accountability : Holds self and others accountable to meet commitments.

• Nimble Learning : Actively learns through experimentation, using both successes and failures as learning fodder.

• Project Management : Establishes and maintains the balance of scope, schedule, and resources for projects.

• Values Differences : Recognizes the value that different perspectives and cultures bring to an organization.

QUALIFICATIONS

Qualifications

• Education : Cost Accountant / Chartered Accountant.

Skills and Experience

• Knowledge/Skills :

• High level of GST-related work experience.

• Well-versed with GST laws.

• Ability to handle voluminous data.

• Proficient in Excel.

• Experience :

• Relevant experience in GST compliance and tax processes.

• Experience in managing tax audits and assessments.

• Experience in a manufacturing organization is preferred.

Job Finance

Organization Cummins Inc.

Role Category Hybrid

Job Type Exempt – Experienced

ReqID 2405204

Relocation Package No