Job Summary

The Indirect Tax Team is an integral part of the Tax/Finance function. It assists Regional Tax Teams across the Globe with their compliance requirements. The Team handles Value Added Tax (VAT), Goods & Service Tax (GST) & Sales & Use Tax (SUT) returns

The role includes data collation, data analysis, data validation, reports consolidation, reports validation and submission of reports and workings to stake holders on or before the fixed target date.

RESPONSIBILITIES
•    Prepare indirect tax returns and conduct comprehensive control checks as instructed.
•    Update Senior Manager/AVP on key issues/risks in the process as and when he/she becomes aware.
•    Prepare and follow tax calendar 
•    Proficient in extracting data and producing reports from sources such as PeopleSoft
•    Ensure seamless and accurate delivery of indirect tax returns with no misses on timelines 
•    Prepare and update documentation of transitioned processes and contribute in development of business continuity plan.
•    Support implementation of specific tax projects (e.g. India GST)
•    To gain detailed understanding of the GST / VAT reporting process and become an SME. 
•    Assist with global and regional tax initiatives. 
•    Interact with team members/stakeholders to understand the actual requirements and effective control is in the process.
Process and Service Management

•    Identify opportunities to remove process waste, engage in standardisation of various reporting packs and encourage, drive and support automation initiatives thereby reduce / remove  the non-value adds in the process.
•    Establish robust control and governance on the process
•    Drive productivity and achieve cost efficiencies through continuous improvement initiatives.
•    Drive a culture to capture appropriate metrics for tracking actual hours/ standard hours/ errors etc
•    Ensure detailed documentation is maintained and is kept up to date for all processes

Strategy
Perform and deliver high quality output of the assigned market. Data Quality Assurance should be followed along with the Risk & Control Matrix of Group Tax 

Business
Tax CoE is responsible for producing high quality, timely tax returns & tax reports for the Group and countries. Tax CoE covers financial tax reporting, tax compliance, tax controversy, tax forecasting, client tax reporting and transfer pricing processes 

Processes
As mentioned in the Responsibilities 

People & Talent 
Develop good working relationships with the team and stakeholders; Use opportunities to develop one’s talent. Better together and follow one team mindset 

Risk Management
Delivery of standard reports as per the commitments in accordance to respective country compliance. Manage the process with no errors. Identify and raise any issues on timely manner 

Governance 
Follow Group Tax Policy and follow the requirements for Internal Audits & External Audits 

Regulatory & Business Conduct 
•    Display exemplary conduct and live by the Group’s Values and Code of Conduct. 
•    Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
•    Lead the [country / business unit / function/XXX [team] to achieve the outcomes set out in the Bank’s Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.] * 
•    Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
•    [Insert local regulator e.g. PRA/FCA prescribed responsibilities and Rationale for allocation].
[Where relevant - Additionally, for subsidiaries or relevant non -subsidiaries]
•    Serve as a Director of the Board of [insert name of entities]
•    Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association (or equivalent) 

Key stakeholders
Country Tax Team, GCFO Teams, Business and Central Finance, Business operations and Internal Tax reporting team.

Other Responsibilities
Embed Here for good and Group’s brand and values in XXXX [country / business unit / team]; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures; Multiple functions (double hats); [List all responsibilities associated with the role]

Skills and Experience

Change Implementation
Indirect Taxation
Microsoft Office package
ERP system

Qualifications

1.    Strong knowledge and experience on Indirect Taxes. Experience in Indirect Taxes compliance for Banks is an added advantage.
2.    Min 5-8 years of relevant work experience.
3.    B.Com, M.Com, MBA Finance, CA/CA Inter, CMA/CMA Inter

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.

Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.

Together we:

• Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
• Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What we offer

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
• Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
• Flexible working options based around home and office locations, with flexible working patterns.
• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.