Website:
talent500.com
Job details:
About CIBC:
CIBC is a leading North American bank, with a history of more than 150 years of living our purpose - to help make your ambition a reality. Client relationships are at the center of our strategy, and our growth is enabled by a highly engaged and connected global team. From digital banking to community impact, we’re proud to drive progress for our clients and our communities. Recognized for our culture, award-winning innovation and community investment, CIBC continues to evolve by putting people and progress at the centre of everything we do.
About CIBC India:
CIBC India is a technology and operations hub in Hyderabad, where you’ll be part of our highly engaged and global team, and play a central role in supporting our growth. Whether you’re driving innovation in digital banking or streamlining client onboarding, you’ll be part of a culture recognized for excellence and investment in people. At CIBC India, people and progress are at the center of what we do: you’ll develop skills, collaborate with industry leaders, and see your ideas realized in a culture that values progress and belonging. We provide cutting-edge resources, ongoing learning, and a supportive environment where people come first. If you’re ready to create meaningful change and build your future, CIBC India is where your ambition meets opportunity.
What CIBC India Offers:
At CIBC India, your goals are a priority. We start with your strengths and ambitions and strive to create opportunities to tap into your potential. We aspire to give you a career that goes well beyond your compensation.
We work to recognize you in meaningful, personalized ways including competitive fixed pay, performance-based incentive programs, a family-first benefits program, employer contributions for your retirement, attractive time off and leave offerings, wellbeing support, and MomentMakers, our social, points-based recognition program.
Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients worldwide
We cultivate a culture where you can express your ambition through initiatives like Purpose Day, a paid day off dedicated for you to use to invest in your growth and development.
What You’ll Be Doing (position summary):
The Director, Indirect Tax (India) is responsible for leading all indirect tax matters for CIBC India. This includes end-to-end management of GST compliance, advisory for business transactions, audits and litigation support, and implementation of regulatory changes. The role ensures full adherence to Indian indirect tax laws and acts as the primary contact for indirect tax in India, collaborating closely with global tax teams, external advisors, and Indian tax authorities.
At CIBC India, we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (including on-site and remote work) will be discussed at the time of your interview.
How You’ll Succeed (responsibilities):
- Oversee all aspects of the outsourced indirect tax compliance arrangement for CIBC India, including accurate and timely filing of all GST returns (GSTR-1, GSTR-3B, GSTR-9/9C, etc.), payment of liabilities, reconciliations, and documentation.
- Manage GST input tax credit reconciliations (GSTR-2A/2B), address mismatches, and ensure vendor compliance to avoid ITC reversals.
- Develop and execute a plan to transition the compliance functions in-house over-time, ensuring a smooth and effective handover of responsibilities.
- Provide expert indirect tax advisory support to business units on transactions, contracts, cross-border activities, and new initiatives, including place of supply, reverse charge, and e-invoicing implications.
- Monitor and interpret changes in indirect tax legislation, rules, notifications, and judicial pronouncements; assess business impact and communicate updates to stakeholders.
- Implement and ensure compliance with e-invoicing and e-way bill requirements.
- Manage GST audits, departmental audits, anti-evasion proceedings, and investigations, including preparation of responses, coordination with external advisors, and representation before authorities.
- Handle GST refund applications for exports, input tax credits, and other incentives.
- Oversee litigation management, including draft replies to notices, appeals, and appearing before tax authorities and tribunals as required.
- Ensure accurate indirect tax accounting, reporting, and documentation in accordance with company policies and local regulations.
- Support the implementation and maintenance of tax technology solutions and process improvements for indirect tax (e.g., ERP, GST compliance tools), including advise on system configurations, updates and participate in user acceptance testing as related to indirect tax.
- Develop and deliver training and guidance to non-tax staff to improve understanding of indirect tax obligations and processes.
- Partner with global tax teams to ensure alignment of tax strategies and compliance efforts
- Provide indirect tax support for contract reviews, vendor onboarding, and ensuring external vendors meet CIBC India’s indirect tax requirements.
- Oversee non-STPI filings as required.
- Support month-end, quarter-end, and year-end indirect tax reporting and provision processes.
- Maintain robust internal controls and governance frameworks to mitigate tax risks and ensure compliance.
- Support the development and implementation of internal tax policies and procedures.
- Maintain strong relationships with Indian tax authorities and represent CIBC India in relevant forums.
Experience: 7 years of experience
Who You Are (skills/qualifications):
Must Have Skills:
- Chartered Accountant (CA) or equivalent professional qualification.
- Minimum 7 years of relevant indirect tax experience, preferably with a multinational corporation or Big 4 accounting firm.
- In-depth and current technical knowledge of Indian GST law, rules, e-invoicing, e-way bill, and other indirect tax regulations; exposure to international VAT/GST is an asset.
- Proven experience managing GST audits, departmental proceedings, and indirect tax litigation.
- Demonstrated ability to interpret and implement regulatory changes, advance rulings, and judicial pronouncements.
- Experience with GST portal filings, reconciliations, refund applications, and compliance automation tools.
- Strong analytical, problem-solving, and decision-making skills.
- Excellent communication and stakeholder management abilities.
- Experience with ERP systems and tax technology platforms preferred.
- Ability to work independently, prioritize tasks, and manage multiple deadlines.
- Demonstrated leadership and ability to collaborate across functions and geographies.
Privacy:
By proceeding with the creation of a profile and submitting an application in response to this job posting, you acknowledge and agree that your personal data will be collected, used, retained and disclosed by CIBC India and its affiliates, as described in the Candidate Privacy Statement
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