Posted 17 hours ago

AVP - Tax

1203 Barclays Global Serv. Cent India, Mumbai, Nirlon Knowledge Park (BX) 9th & 11-12 floor
Onsite Full Time

Job description

Job Description Purpose of the role To provide both corporate and indirect advisory and compliance tax services to business areas in a specific jurisdiction(s). Accountabilities Management of tax risks arising from the bank's business activities, investments, and financial transactions and development of tax risk management strategies to mitigate potential tax liabilities and protect the bank's financial interests and reputation. Analysis of complex tax issues to support tax planning strategies, compliance matters, and risk management initiatives. Liaising, with tax authorities and resolving legacy tax risks. Identification and assessment of potential tax risks associated with complex transactions (including potential mergers, acquisitions, and restructuring) and development and implementation of tax risk mitigation strategies to minimise the potential impact. Stakeholder management to ensure that tax requirements and the associated risks are understood and appropriately managed, including reputational risks with tax authorities and external stakeholders. Analysis of relevant developments in tax law to ensure the impact on Barclays is understood and appropriately managed. Preparation or review of relevant tax returns in accordance with applicable tax law and agreeing compliance positions with the tax authorities. Preparation or review of tax accounting calculations and disclosures in accordance with applicable accounting standards for group forecasting, reporting and stress testing. Design and operation of tax process controls to ensure tax risk is appropriately managed and tax treatments can be supported. Assistant Vice President Expectations To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions. Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others. OR for an individual contributor, they will lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes. Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues. Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda. Take ownership for managing risk and strengthening controls in relation to the work done. Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function. Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy. Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively. Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience. Influence or convince stakeholders to achieve outcomes. All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave. . Our Work Experience is the combination of everything that's unique about us: our culture, our core values, our company meetings, our commitment to sustainability, our recognition programs, but most importantly, it's our people. Our employees are self-disciplined, hard working, curious, trustworthy, humble, and truthful. They make choices according to what is best for the team, they live for opportunities to collaborate and make a difference, and they make us the #1 Top Workplace in the area.

Skills and functions

  • Finance