Senior Manager, Tax CoE

Job Description

The role will be to lead the Service Delivery team for the Tax Engine application used in the India GST Reporting solutions/processes by ensuring compliance that includes data collation, data analysis, data validation, reports consolidation, reports validation and reconciliations.The role involves building a strong BAU team in Chennai by taking over the processes currently designed and handled by the GST project team.Given the fast-changing regulatory environment, supporting the project team on other key Project deliverables will also be likely.KEY RESPONSIBILITIES:Identify the activities to be performed by the Tax Engine Service Delivery team, which is currently handled by the Project team.Identify training needs, work with the project team to come up with a training plan, ensure the necessary tool sets are in place and make sure the training plan is executed smoothly and in a timely manner.Put in a robust Target Operating Model for the Tax Engine processes.Work on the activities directly identified/assigned and deliver them within the agreed timelines.Disseminate the knowledge on existing as well as ongoing changes happening in the India GST/Tax Engine processes in an organized manner to the rest of the team members and bring them up to speed to perform the activities.Support the team in delivering the agreed processes, by assigning some of the processes to self to manage peak working load.To gain detailed understanding of the India GST reporting process of the Bank and become an SME.To meet the timelines of all India GST Deliverables without any deviation as there is a regulatory expectation in meeting the timelines by planning the activities/deliverables and assign them to the team accordingly.Provide the necessary updates to stakeholders/Project working groups on a regular basis.Engage in a positive and pro-active stakeholder managementInteract with Key Project team members/stakeholders to understand Regulatory Impact / ChangesKeep operating instructions documents up to date.People / Resource Management:Build, manage, coach, develop and engage a team of high performing individuals.Process and Service Management:Identify opportunities to remove process waste, engage in standardisation of various reporting packs and encourage, drive and support automation initiatives thereby reduce / remove the non-value adds in the process.Establish robust control and governance on the processDrive productivity and achieve cost efficiencies through continuous improvement initiatives.Drive a culture to capture appropriate metrics for tracking actual hours/ standard hours/ errors etcEnsure detailed documentation and it is up to date for all processesTargets and Budgets:Ownership of the assigned budget and management of across the reporting teamEnsure all queries for submitted reports are reverted within timelines.QUALIFICATIONS AND SKILLS:Essential:A Professional Degree with a preference in Business, Finance, Accountancy, Law or Taxation from a reputed institution with 10+ years experience.Sound Knowledge on India GST rules is preferable.Strong process & data analysis skills, ability to prioritise and manage to defined time lines / budgets;Proven ability to work within a team environment and communicate effectively with diverse stakeholders;Confident and capable user of project software, including Visio, Excel and MPPAbility to think laterally and critically, challenge status-quo and demonstrate innovative thinking;Good working knowledge of international banking products, systems and/or processes is highly preferable;Previous experience of regulatory reporting would be an advantageExceptional written and verbal communication skillsKEY RELATIONSHIPS:Tax CoE TeamVarious Country teams/stakeholdersKEY MEASURES:Delivery of standard reports as per the commitmentsStakeholder feedback on quality of analysis & decision support.REPORTS TO : Vice President, - Tax CoEDIRECT REPORTS: Associate Manager/ Manager/Specialists Tax CoEApply now to join the Bank for those with big career ambitions.,

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