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