Siemens
Website:
siemens.com
Company:
https://www.linkedin.com/company/siemens
Seniority: Not Applicable
Industries: Automation Machinery Manufacturing
Job details:
Hello Visionary!
We provide extensive high-quality and cost-efficient Finance & Procurement services from purchasing to the processing of outgoing payments, Cash allocation, Fixed Assets accounting, Accounts reconciliation and Closing & Reporting. We work with a strongly integrated system and a highly automated processing environment and digital workforce.
Our customers receive innovative, easy-to-use services. We deliver maximum value to the business by driving process optimization and digitalization using our ambitious approach, and we support our customers’ current and future business requirements with the help of our high level of process and automation competency.
Position Overview
The Senior Manager will lead the delivery and transformation of indirect tax services for Siemens and its group entities, with primary responsibility for Indian GST compliance, advisory, tax controversy and tax accounting, together with VAT compliance across the Middle East region.
The role will provide strategic and operational leadership to the GCC Indirect Tax team, establish robust and standardized processes, ensure accurate and timely compliance, and maintain an effective tax governance and control framework. The incumbent will partner closely with business, tax, finance, accounting, legal, supply chain and technology stakeholders to proactively identify and manage indirect tax risks and deliver practical, compliant and technology-enabled solutions.
The role will also drive process standardization, automation and continuous improvement across India GST and MEA VAT operations, while developing a high-performing team and positioning the GCC as a trusted center of expertise for indirect tax compliance, governance and transformation.
You’ll Make a Difference By
Indirect Tax Compliance – India GST
- Lead and manage the team responsible for end-to-end GST compliance for Siemens and other entities across multiple registrations and jurisdictions.
- Ensure accurate and timely preparation, review and filing of applicable GST returns and statements, including GSTR-1, GSTR-3B, GSTR-9, GSTR-9C, ITC-04, and other prescribed forms.
- Oversee the review and validation of data from SAP and other relevant source systems to identify exceptions, reporting gaps and potential tax exposures.
- Establish robust review mechanisms to ensure the completeness, accuracy and consistency of GST filings across entities and states.
- Partner with finance, accounting and business teams on tax requirements affecting transaction processing and financial reporting.
Input Tax Credit and Reconciliations
- Oversee monthly reconciliation of GSTR-2B with books of account, purchase registers and vendor records to support appropriate availment of input tax credit.
- Review the computation of eligible, ineligible, blocked and common input tax credit, including applicable reversals and re-availment.
- Monitor vendor-related exceptions and coordinate with procurement, accounts payable and business stakeholders to resolve input tax credit mismatches.
- Ensure that reconciliation workings, tax positions and supporting documentation are complete, appropriately reviewed and maintained for internal audit, statutory audit and tax-authority proceedings.
- Drive improvements in input tax credit controls and minimise credit leakage through automation, data analytics and stronger upstream processes.
GST Annual Returns and Year-End Reporting
- Lead the preparation and review of GST annual returns and applicable reconciliation statements, including GSTR-9 and GSTR-9C.
- Ensure complete and accurate reporting of transactions undertaken by the relevant entities during the financial year.
- Oversee year-end reconciliations between GST returns, financial statements, books of account, e-invoice data, e-way bill data and other relevant information sources.
- Evaluate identified differences and ensure that appropriate corrective actions, disclosures and supporting documentation are completed.
- Coordinate with statutory auditors, finance teams, business functions and external advisers to facilitate accurate and timely year-end reporting.
GST Refunds
- Oversee the preparation, review and filing of GST refund claims, including claims arising from exports, zero-rated supplies, inverted duty structures, excess tax payments and other eligible circumstances.
- Establish processes to ensure the completeness and accuracy of refund computations and supporting documentation.
- Monitor refund applications, deficiency memos, departmental queries and pending claims, and drive their timely resolution.
- Coordinate with relevant authorities, business teams and external advisers in relation to refund verification and sanction proceedings.
- Identify recurring issues affecting refund eligibility or processing and recommend appropriate process or system improvements.
GST Audits, Assessments and Tax Controversy
- Manage legacy indirect tax matters and GST assessments, departmental audits, enquiries, investigations, notices and appellate proceedings across various states.
- Review and, where required, prepare technically sound and factually accurate responses to pre-notice communications, audit observations, show-cause notices and other departmental proceedings, including matters involving DRC-01A, DRC-03 and related statutory forms.
- Lead the collation and validation of facts, reconciliations and supporting documentation required for tax-authority proceedings.
- Review and finalise written submissions, objections, replies and appeals, ensuring that the positions adopted are legally supportable, consistent and appropriately documented.
- Coordinate factual and legal arguments with internal legal and tax teams and external advisers.
- Represent, or support the representation of, Siemens and its group entities before tax authorities and relevant appellate forums, as appropriate.
- Maintain effective governance and tracking of notices, orders, hearings, statutory deadlines, disputed matters and related tax exposures.
- Identify recurring issues arising from audits and litigation and drive corrective actions in the underlying systems, documentation and business processes.
Indirect Tax Advisory and Legislative Developments
- Proactively monitor changes in GST legislation, rules, notifications, circulars, clarifications and relevant judicial developments.
- Assess the potential impact of legal and regulatory changes on Siemens and its group entities, including their effect on input tax credit eligibility, classification, valuation, place of supply, invoicing and compliance obligations.
- Provide clear, timely and practical advice to business, finance, procurement, supply chain, legal and other relevant stakeholders.
- Translate legislative developments into actionable changes in systems, processes, standard operating procedures and documentation.
- Support business teams in evaluating the indirect tax implications of new transactions, operating models and contractual arrangements.
- Maintain a repository of material technical positions, legal updates and guidance issued to stakeholders.
Indirect Tax Compliance – Middle East VAT
- Undertake end-to-end VAT and other applicable VAT compliances across the Middle East region for Siemens entities.
- Coordinate the accurate and timely preparation, review and filing of periodic VAT returns, annual filings and other prescribed declarations in the relevant MEA jurisdictions.
- Oversee reconciliations between VAT returns, books of account, transaction-level data and relevant source systems, and ensure timely resolution of exceptions.
- Monitor compliance calendars, tax-payment obligations, open assessments and other statutory deliverables across the region.
- Coordinate with local finance and tax teams and external advisers in relation to VAT filings, audits, refund claims, reconciliations and tax-authority enquiries.
- Monitor changes in the indirect tax laws of relevant MEA jurisdictions, assess their business and compliance impact, and facilitate necessary changes to systems, processes and documentation.
Process Governance, Technology and Stakeholder Management
- Develop and maintain standardised processes, standard operating procedures, controls and review frameworks for India GST and MEA VAT compliance.
- Drive tax automation, data analytics and process-transformation initiatives to improve accuracy, efficiency, scalability and control.
- Work closely with finance, accounting, technology and business teams to strengthen data quality and address upstream process or system issues.
- Build effective relationships with regional and global stakeholders and communicate complex indirect tax matters in a clear, concise and business-oriented manner.
- Develop and mentor the indirect tax team, establish clear accountability for deliverables and develop a culture of technical excellence, collaboration and continuous improvement.
Your success is grounded
- You are a Chartered Accountant and have working experience on Taxation
- You bring consistent track record Minimum 10-12 years’ experience.
- You should have excellent verbal and written communication skills, organization skills and analytical skills
- You are someone flexible to work on all shifts and Agile approach.
Join us and be yourself!
This role is based in
Mumbai/Bangalore , where you’ll get the chance to work with teams impacting entire cities, countries – and the shape of things to come.
We’re Siemens. A collection of over 312,000 minds building the future, one day at a time in over 200 countries. We're dedicated to equality, and We encourage applications that reflect the diversity of the communities we work in. All employment decisions at Siemens are based on qualifications, merit and business need. Bring your curiosity and creativity and help us shape tomorrow. #STS
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