Lead Compliance & Advisory - Direct Tax - Maharashtra | Cement | Cement

To support the organization’s direct tax compliance, reporting, and documentation requirements by ensuring timely and accurate execution of tax-related activities. The role assists in tax assessments, audits, regulatory filings, tax research, and coordination with business units to ensure adherence to applicable tax laws while supporting the Direct Tax function in strategic initiatives.

• Business Workforce: 299
• Function Workforce: 55
• Department Workforce: 9
• Turnover: ?71,525 Crores
• Annual Tax Outflow: ?1,400+ Crores
• Tax Incentives, Claims & Benefits: ?550+ Crores per annum
• Coverage:
  • 24 Integrated/Composite Plants
  • 31 Grinding Units
  • 15 Bulk Terminals/Other Units/Zones
  • Acquired entities and subsidiaries
• Support for tax matters relating to:
  • Advance Tax
  • Provision for Tax
  • Tax Audits
  • TDS/TCS
  • Transfer Pricing
  • International Taxation
  • Assessments & Appeals

The organization operates a large and geographically diversified manufacturing network comprising multiple plants, grinding units, terminals, jetties, marketing zones, and RMC plants across India and overseas subsidiaries. Direct tax is a critical function with significant impact on profitability, business transactions, investments, acquisitions, mergers, corporate restructuring, and strategic decision-making.

The role supports compliance, reporting, assessments, audits, and tax planning activities while ensuring eligible tax benefits are availed and tax risks are minimized.

• Balancing routine compliance and reporting activities with support for strategic tax projects, assessments, and acquisition-related initiatives.
• Coordinating timely and accurate collection of tax data from multiple plants, clusters, and business units operating under diverse reporting environments.
• Supporting integration of newly acquired entities and ensuring compliance with evolving tax regulations and business requirements.
• Maintaining high standards of accuracy to avoid potential tax exposures, penalties, litigation, and disallowances.

• Ensure timely filing of tax returns, reports, and statutory compliances.
• Maintain compliance MIS and monitor filing timelines.
• Support implementation and continuous improvement of tax policies, processes, and controls.

• Prepare tax returns, statutory reports, and supporting documentation.
• Coordinate with stakeholders for collection and validation of tax data.
• Maintain complete and audit-ready tax records and documentation.

• Liaise with plants, clusters, finance, operations, and other functions for tax information.
• Review and reconcile data received from various units.
• Resolve data inconsistencies to ensure accurate reporting and compliance.

• Prepare quarterly advance tax and tax provision workings.
• Validate tax computations and supporting schedules.
• Ensure timely availability of data required for tax provisioning.

• Coordinate collection and compilation of tax audit information.
• Liaise with auditors and business units for timely completion of tax audits.
• Ensure consistency, accuracy, and completeness of data submitted for audits.

• Compile information and documentation required for assessments and other tax proceedings.
• Prepare draft submissions and responses under guidance of the Department Head.
• Maintain systematic records to support assessments, audits, and litigation matters.

• Monitor developments in tax laws, regulations, and judicial precedents.
• Prepare summaries and briefs on relevant changes impacting the business.
• Support the team in evaluating compliance and reporting implications.

• Continuously enhance tax technical knowledge and professional competencies.
• Share key learnings and regulatory updates within the team.
• Contribute to a culture of continuous improvement and operational excellence.