Accounts and Direct Tax

About Us:

With a legacy of over 30 years, Inspirisys has excelled in driving digital transformation through cutting-edge technologies and as a subsidiary of CAC Holdings Corporation Japan, we embrace the core tenets of Japanese work culture, prioritizing quality and attention to detail to ensure our solutions meet the highest standards. This expertise has solidified our position as a trusted partner for industry-leading OEMs in the digital age. We specialize in custom-tailored solutions in Infrastructure, Enterprise Security & Risk Services, Cloud, Banking and Product Engineering & Development, empowering clients to meet their digital objectives.

Role Summary:

We are seeking an experienced Accounts and Direct Tax Executive to manage month-end journals related to corporate expenses, ECB & intercompany loan interest, payroll validations, and statutory taxation filings. This role requires deep expertise in payroll accounting, tax compliance, and financial coordination with subsidiaries.

Key Roles and Responsibilities:

Payroll Accounting

• Validate monthly payroll across all employee categories, including preparation and accounting of journal vouchers (JVs).
• Manage end-to-end payroll processing for settlement cases (SSF and non-SSF).
• Track and monitor pending employee settlements exceeding 60 days.
• Prepare quarterly schedules summarizing payroll and settlement activity on a cumulative annual basis.
• Reconcile statutory dues related to payroll monthly and advise HR on necessary clearances.

Monthly Provisions

• Post month-end journals for fixed corporate expenses, ECB & intercompany loan interest, and restatements.
• Calculate applicable TDS and withholding tax (WHT).
• Review, validate, and process monthly settlement payments.

Taxation

• Apply for lower deduction certificates for TDS.
• File annual tax returns and tax audit reports (Forms 3CD, 3CA, 3CEB, 3CEAA), including corporate income tax returns.
• Compile data and documentation for income tax assessments and hearing notices.
• Liaise with tax consultants for appeals and ongoing tax assessments.

Regulatory Compliance

• Handle RBI filings such as Foreign Liabilities and Assets (FLA) returns.
• File statistical annual returns and ensure timely submission of documents for foreign currency payments.
• Coordinate with practicing CAs for CA certification (Form 15CA/15CB), including documentation for tender submissions.

Subsidiary Coordination

• Prepare and analyze monthly cash flow and perform variance analysis.
• Coordinate with subsidiary entities for monthly account closures and book finalization.
• Monitor and reconcile subsidiary books of accounts.
• Generate monthly MIS reports across various financial schedules.
• Coordinate with auditors for quarterly and annual audits of subsidiaries.
• Knowledge of QuickBooks is an added advantage.

Qualification:

• Minimum 5 years of experience in Accounting and Taxation.
• CA – Inter qualification is mandatory.
• Strong verbal and written communication skills.