About Alkem:
Alkem Laboratories Limited is an Indian multinational pharmaceutical company headquartered in Mumbai, that manufactures and sells pharmaceutical generics, formulations and nutraceuticals in India and globally over 50 countries. We have consistently been ranked amongst the top five pharmaceutical companies in India. Our portfolio includes illustrious brands like Clavam, Pan, Pan-D, and Taxim-O, which feature amongst the top 50 pharmaceutical brands in India.
Key Responsibilities:
- Ensure timely / regular compliance under the Direct Taxation matters
- Preparation of quarterly tax provision calculation for all the companies
- Computation and payment of quarterly advance tax
- Maintenance of tax accounting in ERP
- Preparation and maintenance of Transfer Pricing documentation of the companies
- Preparation and filing of Tax Audit Report
- Preparation of computation of income for all the entities of the group and timely filing of return of income
- Preparation and filing of relevant forms required for Master File/ CbCR and BEPS Pillar 2
- Ensuring timely filing of return and other tax related forms of foreign entities
- Ensure compliance with POEM rules
- Review of agreements and advising necessary changes from tax standpoint
- Advising on direct tax related implications on account of various ongoing transactions
- Preparation and filing of SFT returns
- Ensure proper reconciliation of TDS deducted with 26AS form and follow up with customers / vendors
- Ensure compliance under the Direct Tax Laws, Lower deductions applications, Appeals, Tax Assessments, Restructuring and providing Tax Advisory pertaining to direct tax
- Analysis & Interpretation of laws under Direct Tax
- Coordination with Tax consultants, research, preparation and filing of submissions related to all assessments and drafting of appeals in relation to pending litigations
- Representation before Income Tax Authorities in relation to assessments or litigations including E Representation of the company or its subsidiaries before tax authorities
- Support in setting-up processes for any new compliance/ documentation requirement under Direct Tax law
- Ensure all compliances and notices are replied to in time. Prepare / review Submissions for assessments
- Discussion with Internal Auditors and Statutory Auditors relation to Direct tax matters
- Reporting and updates to senior management on various assessments, compliance
- Responsible for bringing automation and simplified structure for compliance
- Overseeing present practice of compliance and suggesting changes if required as per provisions
- Preparation of response for the tax assessment
- Ensure documentation is maintained properly for assessments
Educational Qualification & Experience:
Qualified Chartered Accountant (mandatory) with 4–8 years of experience in Direct Taxation, preferably in a large corporate/pharmaceutical/manufacturing setup.
