Manager, Tax & Treasury (GBS)

Designation: Manager-Tax & Treasury (GBS) Location: Chennai, Tamil Nadu Qualification: CA, CPA Experience: 10+ years of experience in a corporate tax environment Job Type: Permanent The primary objectives of this position are to: Ensure compliance with applicable national, regional and local income and other tax laws.

Minimize, within legal limitations, the Company's effective tax rate. Proactively work with legal and operational management to create simplified legal structures to accomplish the above. Maintain banking relationships. Manage global cash to ensure Holdings ability to fund dividends, redemption, and capital investments.

Maximize the effectiveness of cash management processes and controls Outcome: Maximize value via management of the worldwide tax rate Actions: Utilizing available foreign tax credits at the optimal time Ensuring all withholding taxes are correct and accounted for Calculating the tax impact of dividends to maximize a return of value to shareholders Reviewing the tax impact of new investments and restructurings Reviewing procedures to support deductibility of expenses Maximizing U.

S. tax deductions Managing tax exposure items and issue Inform Management of significant tax issues and exposures Outcome: Coordinate and accumulate tax financial reporting information Actions: Compiling financial statement footnote data Compiling Forms 5471 - transactions with foreign affiliates Providing information to outside auditors Computing U.

S. tax provision and management of any 3rd parties assisting with the provision Analyzing and adjusting the U.S. ledger tax accounts (including periodic tax provisions) Outcome: Research U.S. and foreign tax issues and advise Management Actions: Providing research as requested on specific topics Providing research as needed on other items that arise Providing Management with a central source of tax information Minimizing outside tax professional fees Outcome: Perform various U.

S. and Canadian tax compliance functions Actions: Computing timely federal and state estimated tax payments while preserving cash flow to the extent possible Computing federal and state tax extensions Preparing underlying tax return work papers Coordinating the preparation of the U.S. tax returns Outcome: Oversee the management and planning for transfer pricing Actions: Updating annual transfer pricing narratives Updating comparable and testing Generating reports for all first-tier affiliates Answering questions and providing documentation regarding transfer pricing Advising on and assist in implementing standards for Intercompany transactions Compute and ensure timely payment of the U.

S. management fees and cost sharing including True-Ups as necessary Outcome: Treasury Management

• Cash Actions: Manage global treasury program Assist CFO in managing banking relationships Maintain centralized control of worldwide funding and cash balances Ensure sufficient cash is available for funding day to day needs via cash forecasting process Keep updated and recommend on new banking services/technology that will improve operational efficiency Maintain the global netting system and manage the monthly netting process. Provide FX rates monthly to operating companies (in coordination with the Corporate Controller) Outcome: Treasury Management
• Strategic Actions: Analyze worldwide funding requirements for foreign entities and recommend/implement funding solutions (credit allocation, external borrowing, BMG pool or inter company loan). Assist CFO in negotiating, structuring and placing debt anywhere in the world. Implement and manage inter company loans. Provide support and advice to operating management as needed on decisions which involve the time value and risk of money. Assist CFO in managing excess cash through appropriate investment programs. Recommend investment policies and seek approval from CFO. Drive process improvement and centralization of treasury functions. Maintain a global cash forecasting process.