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Direct and Indirect Taxation

Zoetis India Ltd Mumbai

Posted on 28 February 2017


Company: ZOETIS INDIA
Company Profile: Zoetis, formerly the animal health business of Pfizer, is a global animal health company dedicated to supporting its customers and their businesses in ever better ways. Building on 60 years of experience, we deliver quality medicines and vaccines, support and education. We are working every day to better understand and address the real-world challenges faced by those who raise and care for animals in ways they find truly relevant.

Our name, Zoetis (zô-EH-tis), has its root in zo, familiar in words such as zoo and zoology and derived from zoetic, meaning “pertaining to life.” It signals our company’s dedication to supporting the veterinarians and livestock producers everywhere who raise and care for the farm and companion animals on which we all depend.

Primary Industry: Pharmaceuticals / Biotech / Genetech / Veterinary
Website: www.zoetis.in
Turnover: 376-400 Cr.
Qualification: CA , CA – INTER or Industrial Trainee
Experience: 2 to 3 years, Fresher
Location: Santacruz East
Job Profile:

Functional Title: Taxation
Location(s): India, Mumbai


Department Name: Finance Hiring Manager: Manager taxation

Role Description
The position is responsible for tax compliances and planning for all Zoetis entities. The colleague will have over sight of all tax related activities and processes. Will ensure organisation’s tax related compliances of all applicable tax laws and develop processes to reflect these.

Responsibilities:

Direct Tax:
• Ensure compliance with withholding tax provisions; work with Accounts Payable team to ensure accurate deduction of tax at source.
• Timely and accurate calculation and payment of monthly TDS liabilities
• Preparation of monthly reconciliations of tax related accounts
• Prepare monthly tax provisions and updating of quarterly reporting package of Zoetis Group reporting.
• Computation of advance tax on quarterly basis and ensuring payment of the same
• Ensuring compliance of filing of quarterly TDS returns
• Ensure timely completion of tax audits and transfer pricing reporting for all the legal entities
• Accurate filing of income tax returns and transfer pricing reports with tax departments
• Collating data for income tax and transfer pricing assessments in co-ordination with finance team and consultants. Facilitating data to consultants for completion of assessments.
• Assist with annual audit and quarterly reviews by the external auditors. Update and maintain the contingent tax portal for uncertain tax liabilities
• Be single point of contact for all tax related notices, queries and issues. Able to provide guidance for complex tax issues and work with consultants on tax positions.
• Plan for future year assessment and communicate any exposures.

Indirect tax:
• Verification of VAT calculations in the system and facilitating payments of liability on monthly basis.
• Monitoring updation of state wise tax rates in system
• Compliance of all state’s VAT provisions, filing of timely returns and coordinating for VAT audits.
• Co-ordinate for “C” / “F” forms with consultants. Maintaining status of the forms.
• Monthly reconciliations of VAT and service tax related accounts.
• Determine service tax liability of the entities
• Ascertain applicability of service tax on each transaction
• Compliance with ST3 return formalities
• Verifying refund claims filed by the consultant.
• Be single point of contact for all service tax, VAT and Custom related notices, queries and issues
• Manage expectations with consultants and periodic reviews.


Salary is not a constraint for right candidate
Company: ZOETIS INDIA
Company Profile: Zoetis, formerly the animal health business of Pfizer, is a global animal health company dedicated to supporting its customers and their businesses in ever better ways. Building on 60 years of experience, we deliver quality medicines and vaccines, support and education. We are working every day to better understand and address the real-world challenges faced by those who raise and care for animals in ways they find truly relevant.

Our name, Zoetis (zô-EH-tis), has its root in zo, familiar in words such as zoo and zoology and derived from zoetic, meaning “pertaining to life.” It signals our company’s dedication to supporting the veterinarians and livestock producers everywhere who raise and care for the farm and companion animals on which we all depend.

Primary Industry: Pharmaceuticals / Biotech / Genetech / Veterinary
Website: www.zoetis.in
Turnover: 376-400 Cr.
Qualification: CA , CA – INTER or Industrial Trainee
Experience: 2 to 3 years, Fresher
Location: Santacruz East
Job Profile:

Functional Title: Taxation
Location(s): India, Mumbai


Department Name: Finance Hiring Manager: Manager taxation

Role Description
The position is responsible for tax compliances and planning for all Zoetis entities. The colleague will have over sight of all tax related activities and processes. Will ensure organisation’s tax related compliances of all applicable tax laws and develop processes to reflect these.

Responsibilities:

Direct Tax:
• Ensure compliance with withholding tax provisions; work with Accounts Payable team to ensure accurate deduction of tax at source.
• Timely and accurate calculation and payment of monthly TDS liabilities
• Preparation of monthly reconciliations of tax related accounts
• Prepare monthly tax provisions and updating of quarterly reporting package of Zoetis Group reporting.
• Computation of advance tax on quarterly basis and ensuring payment of the same
• Ensuring compliance of filing of quarterly TDS returns
• Ensure timely completion of tax audits and transfer pricing reporting for all the legal entities
• Accurate filing of income tax returns and transfer pricing reports with tax departments
• Collating data for income tax and transfer pricing assessments in co-ordination with finance team and consultants. Facilitating data to consultants for completion of assessments.
• Assist with annual audit and quarterly reviews by the external auditors. Update and maintain the contingent tax portal for uncertain tax liabilities
• Be single point of contact for all tax related notices, queries and issues. Able to provide guidance for complex tax issues and work with consultants on tax positions.
• Plan for future year assessment and communicate any exposures.

Indirect tax:
• Verification of VAT calculations in the system and facilitating payments of liability on monthly basis.
• Monitoring updation of state wise tax rates in system
• Compliance of all state’s VAT provisions, filing of timely returns and coordinating for VAT audits.
• Co-ordinate for “C” / “F” forms with consultants. Maintaining status of the forms.
• Monthly reconciliations of VAT and service tax related accounts.
• Determine service tax liability of the entities
• Ascertain applicability of service tax on each transaction
• Compliance with ST3 return formalities
• Verifying refund claims filed by the consultant.
• Be single point of contact for all service tax, VAT and Custom related notices, queries and issues
• Manage expectations with consultants and periodic reviews.


IPC / IPCC

0-3 Years

Above Rs.300,000/-



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