Direct Tax_GCC

About Welspun Welspun World is one of India's fastest growing global conglomerates with businesses in Home Textiles, Flooring Solutions, Advanced Textiles, DI Pipes, Pig Iron, TMT bars, Stainless Steel, Alloy, Line Pipes, Infrastructure & Warehousing. At Welspun, we strongly believe in our purpose to delight customers through innovation and technology, achieve inclusive & sustainable growth to remain eminent in all our businesses. From Homes to Highways, Hi-tech to Heavy metals, We lead tomorrow together to create a smarter & more sustainable world. Job Purpose/ Summary Verification of TDS section and TDS rates, PAN Validation Generation of monthly TDS/TCS liability and payment thereof Tax Audit & ITR working Quarterly/Half yearly reco. of 26AS TDS Assessment notices reply related working Job Title Direct Tax_GCC Job Description The Assistant Manager for Direct Taxation in the GCC region will play a pivotal role in managing and overseeing all aspects of direct tax compliance and strategy. This position requires a deep understanding of applicable tax laws and regulations, ensuring that the organization remains compliant with all statutory requirements. The role involves the verification of TDS sections and rates, along with PAN validation, to ensure accuracy in tax deductions. The Assistant Manager will be responsible for generating monthly TDS/TCS liabilities and ensuring timely payments. Additionally, the role includes preparing for tax audits and ITR workings, as well as conducting quarterly and half-yearly reconciliations of 26AS. The successful candidate will also handle TDS assessment notices and provide comprehensive responses. Proficiency in SAP and other IT applications related to finance and accounts is essential to streamline processes and enhance efficiency. The role demands strong analytical skills and the ability to develop effective tax strategies and planning. Principal Accountabilities Ensure timely deduction of TDS in accordance with applicable laws and regulationsbr Deposit deducted TDS with the government treasury on or before due dates to maintain compliancebr Conduct regular reconciliation of 26AS and reflect the impact accurately in financial recordsbr Ensure TDS is deducted at appropriate rates especially in cases involving nonoperative PANsbr Prepare comprehensive working documents to respond effectively to any TDS assessment noticesbr Utilize SAP and other IT applications to streamline finance and accounts processesbr Demonstrate strong expertise in direct taxation including tax audits and ITR workings Key Interactions Financial Auditing ,Mid Management,Junior Management,Cross-Functional Collaboration ,Client Relations Experience 3 Competency Name Competency Name Proficiency Level Business & Commercial acumenProficient EntrepreneurshipProficient Global Mind-setProficient People ExcellenceProficient Direct TaxationExpert SAP \/ Other IT Related applications_Finance & AccountsExpert ComplianceExpert Applicable Rules & LawsExpert ExcelExpert Tax strategy, planning and complianceProficient Additional Section (Can Be Added, If Required. NA