Red Hat Tax Accountant in Mumbai, India

Company Description

At Red Hat, we connect an innovative community of customers, partners, and contributors to deliver an open source stack of trusted, high-performing solutions. We offer cloud, Linux, middleware, storage, and virtualization technologies, together with award-winning global customer support, consulting, and implementation services. Red Hat is a rapidly growing company supporting more than 90% of Fortune 500 companies.

Job summary

Come make a difference in a company that's changing the world. The Red Hat Finance team is looking for a Tax Accountant to join us in Mumbai, India. In this role, you will provide tax support for the company throughout India. You’ll focus on indirect taxes up to 70% of your time and on direct taxes up to 30% of your time. As a Tax Accountant, you’ll need to come prepared to make an impact on the success of Red Hat's business. This is an ideal opportunity for an accounting professional with tax compliance experience to contribute to Red Hat's financial success.

Primary job responsibilities

  • Compute monthly goods and services tax (GST) liability and filing of all applicable GST returns for all states in which we have operations

  • Perform periodic reconciliation of GST input credit as per books and as per electronic credit register

  • Assist in the building of a control system to avoid seepage of GST input tax credit

  • Ensure that all GST-related requirements are implemented and captured in the system

  • Comply with all GST-related filing and reporting requirements

  • Manage GST assessments

  • Manage Service tax and VAT assessments and appeals for the past

  • Manage appeals relating to GST, VAT, and service tax

  • Keep track of the latest amendments in indirect taxes and assess impact of the same on company; issue guidelines to operating associates for ensuring smooth operations and ensuring that requisite changes are made to systems and business processes in IT systems

  • Guide and train the finance, purchase, and sales associates in areas of indirect taxes

  • Explore the indirect tax area to identify and implement strategies to deliver tax effective and efficient structures

  • Communicate with external consultants (if any) regarding the gathering of data as required during assessments

  • Communicate with auditors (internal and statutory) regarding periodic audits and any ad-hoc questions or clarifications

  • Assist team members or consultants in routine income tax compliance, including payment of monthly tax deducted at source (TDS) liability, filing of TDS returns, advance tax, etc.

  • Assist team members or consultants in gathering informations or details required for any assessment

Required skills

  • Knowledge of indirect taxes like GST, relevant tax laws, and tax-related regulations in India, including statutory requirements of corporate tax and indirect filings

  • Knowledge of direct tax compliance

  • International chartered accountant or bachelor or master of commerce degree

  • Ability to carry out ad hoc tax-related work as assigned

  • Computer-literate in spreadsheet and accounting systems, preferably Oracle and Hyperion Financial Management

  • Accurate, analytical, organized, and proactive; ability to work as part of a team without direct supervision

  • 1-4 years of experience in IT enterprise solutions or software industry is a plus

  • System testing and implementation experience is a plus

Red Hat is proud to be an equal opportunity workplace and an affirmative action employer. We review applications for employment without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, ancestry, citizenship, age, uniformed services, genetic information, physical or mental disability, medical condition, marital status, or any other basis prohibited by law.

Red Hat does not seek or accept unsolicited resumes or CVs from recruitment agencies. We are not responsible for, and will not pay, any fees, commissions, or any other payment related to unsolicited resumes or CVs except as required in a written contract between Red Hat and the recruitment agency or party requesting payment of a fee.

Job ID 61212

Category Finance