Tax Analyst

About us:

As a Fortune 50 company with more than 400,000 team members worldwide, Target is an iconic brand and one of America's leading retailers. At Target, we have a timeless purpose and a proven strategy and that hasn’t happened by accident. Some of the best minds from diverse backgrounds come together at Target to redefine retail in an inclusive learning environment that values people and delivers world-class outcomes. That winning formula is especially apparent in Bengaluru, where Target in India operates as a fully integrated part of Target’s global team and has more than 4,000 team members supporting the company’s global strategy and operations.

Joining Target means promoting a culture of mutual care and respect and striving to make the most meaningful and positive impact. Becoming a Target team member means joining a community that values diverse backgrounds. We believe your unique perspective is important, and you'll build relationships by being authentic and respectful. At Target, inclusion is part of the core value. We aim to create equitable experiences for all, regardless of their dimensions of difference. As an equal opportunity employer, Target provides diverse opportunities for everyone to grow and win.

PRIMARY FUNCTION:

Responsible for specific areas within Target India for direct tax, indirect tax function. The team member will ensure adherence to internal process and policy requirements, meeting service levels, working effectively with internal and external stakeholders to drive tax compliance.

PRINCIPLE DUTIES AND RESPONSIBILITIES:

• Collation of base reports, generation of trial balance and computation of monthly tax provision for business units
• Collation of base reports, generation of trial balance and computation of advance tax for business units
• Assist in preparation / compilation of information required for GST / other indirect tax returns and refund claims
• Liaise with consultants for status of filings and refunds
• Perform detailed search on TDS/ GST related queries raised by business teams and prepare necessary clarifications to share with seniors
• Maintenance of LDC tracker
• Provide necessary guidance / inputs to the business teams for income tax/ GST / other tax related matters
• Assist / support for indirect tax assessments (GST/ Service tax / VAT and other indirect taxes), including compilation / provision of information as required by the tax authorities
• Responsible for  preparation of details for VAT Audits
• Assist in preparation of Annual Income tax returns
• Assist / support for income tax assessments (direct tax and transfer pricing), including providing information in relation to the assessments
• Assist / provide information for tax appeals, advance rulings and any other interaction with regulatory authorities
• Preparation of initial submissions to Income Tax/ GST department and assist in review of submissions prepared by consultants.
• Coordination with external consultants for information requirements relating to direct and indirect tax assessments
• Provide inputs on contract terms and consequent impact to taxability
• Preparation of TDS related reports, returns
• Collation and preparation of data for APA and MAP project
• Ensure compliance with applicable internal controls, policies/ procedures including Internal Control for Financial Reporting; Foreign Corruption Practices Act (FCPA) and Foreign Exchange Management Act (FEMA)

REPORTING/WORKING RELATIONSHIPS:

The Tax Analyst will report to Director Finance

JOB REQUIREMENTS:

MINIMUM REQUIREMENTS:

• CA with 1-3 years of post-qualification experience in tax function

DESIRED REQUIREMENTS:

• From IT industry or Big Four audit teams
• Strong analytical skills
• Excellent Communication skills
• Excellent collaborator and go getter
• Good interpersonal skills
• Working knowledge of SAP ERP