KPMG India | Senior Associate -Insurance Premium Tax

Roles & responsibilities

• Prepare and review monthly, quarterly, and annual Indirect Tax returns (e.g., VAT, GST, IPT, sales tax, and other transactional taxes).
• Ensure compliance with local, state, and International Indirect Tax laws and regulations.
• Coordinate with internal teams and third-party service providers to ensure timely and accurate submission of Tax returns and payment of taxes.
• Maintain accurate Indirect Tax records and documentation in line with statutory requirements.
• Assist with Indirect Tax audits, including gathering information, providing documentation, and resolving any issues raised by tax authorities.
• Respond to inquiries from Clients and Tax Authorities.
• Identify and implement process improvements to ensure Indirect Tax compliance is handled efficiently and cost-effectively.
• Support the implementation of Tax Technologies and tools to improve Indirect Tax compliance, reporting, and automation.
• Work closely with AR, AP, Treasury and other operations teams to ensure Indirect Tax matters are correctly addressed across the business.
• Support internal stakeholders on Indirect Tax questions, ensuring a clear understanding of tax implications for business transactions.
• Provide guidance and mentorship to junior tax analysts or team members on Indirect Tax issues and procedures.
• Assist in training internal teams on Indirect Tax compliance and best practices.
• Assist in preparing Indirect Tax provisions and other reporting requirements for financial statements.
• Support ad-hoc Tax projects or corporate restructuring efforts as required.

Requirements

• Additional qualifications such as CA or equivalent certifications are preferred.
• In-depth understanding of Indirect Tax laws and regulations, including VAT, GST, sales tax, and accounting.
• Working experience with Indirect Tax APAC/ EMEA region and knowledge around IPT is an advantage.

KPMG in India

KPMG is one of the Big Four professional services networks, offering audit, tax and advisory services. The global network was formed in 1987 through the merger of Peat Marwick International and Klynveld Main Goerdeler.

KPMG in India and KPMG Global Services hire chartered accountants and finance professionals for statutory and internal audit, controls and risk advisory, tax, deal advisory and managed-services roles.

• Industry: Audit, tax and advisory (Big Four)
• In India: KPMG in India and KPMG Global Services, with offices across major cities