Arch Capital Group Ltd.
Website:
archgroup.com
Job details:
About Arch:
Arch Capital Group Ltd. (Arch) is a leading global insurer with operations in more than a dozen countries. We write insurance, reinsurance and mortgage insurance on a worldwide basis, and our customers value us as an innovative partner and dependable risk manager with decades of fresh ideas and solid results. Part of the S&P 500, Arch has the size and capital position to remain a market-leading specialty insurer.
About Global Services India:
Arch Global Services India is the newest part of Arch Capital. Our new center will enable us to further scale our capabilities, drive innovation and enhance operational efficiency. At Arch Global Services India, we collaborate with teams across the globe to develop and implement solutions that deliver exceptional results for our clients worldwide.
Role Purpose:
The Assistant Manager – Taxation is responsible for managing direct and indirect tax compliances, supporting tax audits and assessments, ensuring adherence to Indian tax regulations, and providing tax related advice to internal stakeholders. The role requires strong knowledge of Indian taxation laws, including Income Tax, GST, TDS, and other statutory requirements.
Key Responsibilities:
Direct Tax Compliance:
- Ensure timely computation, payment, and filing of corporate income tax returns.
- Manage Tax Deducted at Source (TDS) compliance, including deductions, deposits, reconciliations, and quarterly return filings.
- Review tax provisions and deferred tax calculations for monthly, quarterly, and annual financial reporting.
- Coordinate with consultants and tax authorities on assessments, notices, appeals, and litigation matters.
Confidential Information:
Indirect Tax Compliance:
- Oversee GST compliance including monthly and annual return filings.
- Review GST input tax credit reconciliations and ensure timely utilization.
- Monitor GST compliance across business transactions and vendor payments.
- Manage GST audits, assessments, notices, and departmental correspondence.
- Ensure compliance with evolving GST regulations and advise stakeholders on implications.
Other Statutory and Regulatory Compliance:
- Ensure compliance with Transfer Pricing filing and Transfer Pricing Audit
- Assist in maintaining all documentation related to Transfer Pricing requirements
- Ensure compliance with SEZ related monthly and annual fillings
- Coordinate with external auditors, tax consultants, and government authorities.
- Track tax law amendments and evaluate their impact on business operations.
- Maintain documentation and records required for tax audits and regulatory reviews.
Process Improvement & Controls:
- Strengthen tax compliance processes and internal controls.
- Identify automation opportunities in tax reporting and compliance activities.
- Develop and maintain Standard Operating Procedures (SOPs) for tax processes.
Qualifications:
Education:
- CA / CPA preferred.
- CA Inter / CMA (US) may be considered with relevant experience.
Experience:
- 6 to 7 years of experience in corporate taxation, preferably in IT/ITES, multinational organizations, or consulting firms.
- Hands-on experience in Direct Tax, GST, TDS, and statutory compliance.
Confidential Information:
Technical Skills:
Strong knowledge of:
- Income Tax Act, 1961
- GST Act and Rules
- TDS provisions
- Transfer Pricing fundamentals
- FEMA regulations
- Proficiency in ERP systems (Workday)
- Advanced Excel and financial analysis skills.
- Experience in tax return preparation and tax reconciliations.
Behavioral Competencies:
- Strong analytical and problem-solving skills.
- High attention to detail and accuracy.
- Ability to manage multiple deadlines.
- Strong stakeholder management and communication skills.
- Proactive approach to compliance and risk management.
- Ability to work independently and in a fast-paced environment.
Preferred Industry Experience:
- IT/ITES
- Shared Services / GCC
- Consulting
- MNC Environment.
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