Manager – Finance Control & Taxation

A Leading Life Insurance Company is seeking a highly diligent Manager – Finance Control & Taxation to lead its governance function. In this essential role, you will be responsible for ensuring the integrity of financial controls and managing the end-to-end taxation requirements for the organization. Furthermore, you will oversee both direct and indirect tax compliances while ensuring adherence to IRDAI guidelines. Consequently, this position is vital for protecting the company from regulatory risks and ensuring accurate financial disclosures.

The Manager – Finance Control & Taxation must possess a deep understanding of GST, TDS, and corporate tax laws within the insurance framework. Additionally, you will lead the implementation of internal control over financial reporting (ICFR) to maintain audit readiness. Therefore, the company is looking for a Chartered Accountant with a strong background in tax and controls. If you are an expert in regulatory compliance and financial governance, this Manager – Finance Control & Taxation role offers a premier leadership path.

Key Responsibilities

• Oversee the end-to-end direct and indirect tax compliance, including GST and Income Tax filings.
• Develop and maintain a robust internal control framework (ICFR) to ensure financial accuracy.
• Manage the relationship with tax authorities and represent the company in assessment proceedings.
• Ensure strict adherence to IRDAI accounting regulations and statutory reporting requirements.
• Lead the periodic reconciliation of tax accounts and ensure timely payment of liabilities.
• Coordinate with internal and external auditors to ensure seamless financial and tax audits.
• Analyze the impact of new tax laws and regulatory changes on the insurance business.
• Provide expert guidance to business teams on the tax implications of new products and contracts.
• Oversee the documentation and testing of key financial controls across departments.
• Identify and mitigate potential tax risks through proactive planning and governance.

Requirements and Qualifications

• Chartered Accountant (CA) with 6 to 10 years of professional experience.
• Strong expertise in Direct and Indirect Taxation, specifically in the BFSI sector.
• In-depth knowledge of ICFR, Ind AS, and IRDAI financial regulations.
• Proven experience in managing tax audits and regulatory interactions.
• Excellent analytical skills and attention to detail for complex financial governance.