About ZEISS India ZEISS is a global leader in optics and optoelectronics, driving innovation in healthcare, manufacturing, and research. With a strong presence in India, we operate across sales and services, manufacturing, and our Global Capability Center, driving excellence in every function. Job purpose : We are seeking a highly skilled and experienced Direct Tax Manager with expertise in related party transactions (RPT) to join our dynamic tax team. The ideal candidate will have a strong background in corporate tax, transfer pricing, international tax and compliance regulations, particularly as they pertain to transactions between related entities. As a manager, you will lead the tax function, ensuring compliance, strategy formulation, and risk management across multiple functions / Divisions. Main Accountabilities : Managing Tax Compliance : Compile, Lead, and manage the preparation and review and file of direct tax returns, ensuring compliance with local tax laws, including corporate income tax and transfer pricing regulations. Filing of tax returns in a timely manner and ensure the correct application of tax rules for related party transactions. Related Party Transactions : Provide expert advice and oversight on related party transactions, ensuring they are structured in compliance with applicable transfer pricing regulations. Periodical review and analyze intercompany agreements, contracts, markups / margins and transfer pricing documentation to ensure accurate reflection of market conditions and arm's length pricing. Transfer Pricing : Develop, implement, and review transfer pricing policies and methodologies to align with global best practices and regulatory requirements. Manage transfer pricing documentation for global intercompany transactions to ensure compliance with local and international tax regulations. Provide support for transfer pricing audits, including liaising with tax authorities and managing all direct tax litigations. Tax Planning & Advisory : Provide strategic input on tax planning opportunities related to corporate structuring, mergers, acquisitions, and cross-border transactions. Advise the business on the impact of related party transactions and work on optimizing tax efficiency while minimizing risks. Set standard clause in the purchase and service agreement on domestic and internal service provider on TDS deductions with terms and conditions. Cross-functional Collaboration : Work closely with finance, legal, and operations teams to ensure that related party transactions are properly accounted for and structured to meet business objectives. Provide tax advice to business units and support other departments with tax-related queries. Risk Management & Compliance : Identify and mitigate tax risks related to related party transactions and ensure alignment with the company’s overall tax strategy. Keep up to date with the latest tax legislation, regulations, and case law on transfer pricing and related party transactions. Periodical 360 degree risk analysis on all Direct Tax matters on entire business transactions. Team Management : Manage and mentor junior tax professionals and provide guidance in preparing documentation and handling tax-related matters. Oversee the review of tax reporting and compliance work performed by team members. Tax Audits and Assessments: Managing and responding to tax audits by the tax authorities, including gathering relevant documentation and working with auditors. Handling tax assessments and disputes, negotiating with tax authorities, and ensuring compliance with any audit findings. International Taxation: Handling issues related to international taxation, including double taxation, tax treaties, and cross-border taxation matters. Advising on tax planning for multinational companies and structuring global transactions in a tax-efficient manner. Job Specifications : Education : Bachelor’s degree in accounting and professional qualification – Chartered Accountant. Experience : Minimum of 5-7 years of experience in direct taxation with a focus on related party transactions and transfer pricing . Proven track record in managing compliance and advisory services in complex tax scenarios. Skills : Strong technical knowledge of corporate tax , transfer pricing , and international tax guidelines & regulations .
Job Title
Direct Tax Manager