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Job Details
DESCRIPTION
Key Responsibilities:
- Prepare data related to GST returns for the business unit and submit to India Tax teams before the due date for consolidation and filing of returns.
- Conduct monthly GST reconciliation on PTD & YTD basis of GST recovery, GST Liability & Sales GL.
- Reconcile input tax credit availed with GSTR-2A & GSTR-2B monthly.
- Avail input tax credit and maintain backup documents such as invoices, Debit Notes, BOE, etc.
- Maintain proper records as prescribed under GST law.
- Support GST assessments and visits to government departments.
- Coordinate with SCM, Sales & Marketing, and IT related to routine business activities.
- Work with the warranty service team to track documents for availing credit on invoices received from customers.
- Participate actively in the implementation of GST controls.
- Manage job work tracker, follow-up, and reporting.
- Maintain trackers related to shipping bills, BRC, pending documents, payments to suppliers pending above 180 days, etc.
- Collate details for filing various GST refund claims.
- Prepare submissions to tax notices.
- Coordinate with various internal stakeholders for making submissions, filing tax returns, and other activities relating to tax compliance.
- Analyze new transactions for the site to ensure compliance with GST laws.
- Assist in setting up tax processes.
- Assist in tax automation projects.
- Maintain internal controls in tax processes.
- Handle GST/Service tax and other state litigations.
- Ensure monthly closing as per timeline.
- Ensure GL reconciliation and handle audits, including statutory or otherwise.
- Ensure timely payment and compliance with GST laws.
RESPONSIBILITIES
Experience:
- Minimal relevant professional work experience in the field of study required.
Competencies:
- Financial Regulations Acumen: Evaluate applicable regulations for the financial area of focus to ensure underlying transactions are recorded in compliance with applicable regulations.
- Tax Based Modeling and Computation: Perform income tax provision computations, tax return calculations, and tax modeling.
- Tax Technical Analysis: Leverage various tax technical resources by researching applicable regulations, tax code, and case law.
- Action Oriented: Take on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm.
- Being Resilient: Rebound from setbacks and adversity when facing difficult situations.
- Communicates Effectively: Develop and deliver multi-mode communications that convey a clear understanding of the unique needs of different audiences.
- Demonstrates Self-Awareness: Use a combination of feedback and reflection to gain productive insight into personal strengths and weaknesses.
- Ensures Accountability: Hold self and others accountable to meet commitments.
- Nimble Learning: Actively learn through experimentation when tackling new problems, using both successes and failures as learning fodder.
- Values Differences: Recognize the value that different perspectives and cultures bring to an organization.
QUALIFICATIONS
Qualifications:
- College, university, or equivalent degree in Accounting required.
Job Finance
Organization Cummins Inc.
Role Category Hybrid
Job Type Exempt - Experienced
ReqID 2405758
Relocation Package No
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