Senior Manager- Tax Compliance

Job title : Accounting

• Location: Mumbai
• Job type : Permanent, Full-time

About the job :

At Sanofi Consumer Healthcare, we have one overarching mission - to work passionately, challenging ourselves and our industry every day, to build a healthier future by helping people, help themselves, bringing “Health in Your Hands”.

Our teams are building trusted & loved brands that connect with hundreds of millions of consumers worldwide, enabling better self-care for individuals and communities, while also contributing to a healthier planet. To fulfill this mission, we are embarking our consumers, our customers, healthcare professionals, and our employees in this journey because this is what will make us become the “Best Fast-Moving Consumer Healthcare (FMCH) Company In & For the World”.

We strive to act as a force for good by integrating sustainability along our business and employees’ mission and operate responsibly from both a social and environmental point of view.

To achieve this, we need strong talent who will help us shape the future of our Consumer Healthcare business and challenge our industry. At Sanofi Consumer Healthcare, we aspire to create a work environment where people can thrive, grow, and be at their best every day. Our priority is working with integrity to improve the health and well-being of people and communities where we operate, working towards making a positive impact in the world

Global Business Services (GBS) is part of Sanofi Consumer Healthcare (CHC), a team of about 400 people dedicated to improving business operations and empower teams to deliver sustainable value, accelerate simplification, innovate, and harmonize solutions through trusted partnerships. It also helps regulate and ensure next-level partnership with its diverse set of stakeholders through digital driven experiences.

The GBS mission is to contribute to CHC simplification by developing and implementing a new operating model to execute some of the financial & accounting processes (Account-to-Report, Customer-Invoicing- to-Cash, Source-to-Value, Master Data Management, among others). GBS aims to deliver efficiency by leveraging best in class methodologies and strategically contributing to CHC simplification, while driving mindset and cultural changes.

Brief summary on the role:

The purpose of A2R Direct Tax and Transfer Pricing Lead (A2R) –is to implement technical support to A2R function and bridge between Tax and A2R team in line with the global A2R core and operating models.

The role will have the overall accountability of tax compliance operations to deliver best-in-class service and to partner with regional and country stakeholders when needed.

Responsibilities:

Account-to-Report (A2R) is one of the end-to-end processes and part of Sanofi Consumer Healthcare GBS. The role of the Direct Tax and Transfer Pricing Lead is to support Sanofi A2R operations in compliance of taxation.

The following activities:

• Preparation Income tax returns, tax audit, TP Audit and audit for weighted deduction for R&D
• Coordinating with tax auditors/TP auditors/statutory auditors for the purpose of Tax audit/TP audit/DSIR certification.
• Preparation of income tax schedules for statutory audit purpose
• Preparation of Transfer Pricing documentation for the purpose of Income Tax
• Supporting RPT compliances, and segmentation for TP and related parties for benchmarking
• Review of TDS on salaries and on other expenses, supporting to issue relevant certificate
• TDS & TCS compliances
• Managing Deferred tax computation and other reporting to the same in MyTax Package of the group etc
• CBCR compliances
• Providing support for data provision for assessment and appellate proceedings
• Preparing of MIS for direct Tax
• Ensuring timely filing of refund claim.
• Data management and analysing the same from Risk and opportunities perspective in conjunction with Head of tax.
• Analyzing co-relation between direct and indirect tax records/submissions, anticipate and prepare for potential queries and actions with the Head of Tax/HFO
• Reconciliations of the Accounts from Tax GL point of view

Process improvement

• In close collaboration with the Country Tax Head improving the process
• Promotes standardization and simplification of return and other statutory filing process
• Leverages operational experience and contributes to design/continuous improvement of tax compliance processes

Stakeholders’ management / user experience

• Cultivates strategic partnerships:  Head of Finance Operations (HFO), Head of tax, Statutory Auditors, Consultant, Counsels

• Sets up close relationships with all stakeholders when needed to allow smooth communication, efficient change management and issue resolution

• SPOC between Tax team and A2R team to bridge the requirements from audit/ assessment perspective.

Qualifications/Requirements:

Experience

• 8 to 10 years of experience in Finance with direct work experience in managing tax compliance including direct, indirect and international taxation
• Track record in process improvement
• Multicultural environments

Expected skills

• Very good understanding of Accounting processes, Indian Income tax, Transfer Pricing Regulations from both Income Tax & Corporate Governance standpoint
• Good knowledge of SAP and of digital technologies
• Ability to think strategically, and also to deep dive into operational problems when required
• Ability to build good collaboration with stakeholders and other departments and work transversally
• Very good change management skills
• Strong delivery and problem-solving skills
• Very good communicator with an ability to discuss at all levels within Sanofi and externally

Languages

Fluent in English