Lubrizol India | Associate Manager- Direct Tax

Responsibilities / accountabilities

• The position is accountable for timely and accurate direct tax compliance of all the legal Entities of the Lubrizol Group companies in India.
• If you’re interested in the position, we encourage you to apply.
• To handle the activities relating to filing of Income tax Returns, Tax audits, transfer pricing returns and tax/transfer pricing assessments of the Company.
• To handle tax Returns, tax filing & Transfer pricing & Tax assessment activities of overseas Lubrizol group companies in India.
• Prepare and timely submit information for submitting to the direct tax authority against assessment/re-assessment notices.
• To review inter -company transfer price and to escalate and co-ordinate to resolve any issues with the global Transfer Pricing manager.
• To be able to advice on all the regulatory changes in the Direct tax and international taxation to avoid any tax exposure to the Company.
• To be able to pro-actively advise to the Accounts payable group regarding any changes in the withholding taxes regulations to avoid any potential tax exposure.
• To also setup withholding taxes mechanism in SAP.
• To provide US GAAP tax schedules to US corporate tax department and preparation of Provision for taxation for Local statutory accounts.
• Independently handle issuance of quarterly withholding tax certificates and quarterly e-filing of withholding tax return.
• Also handles periodic reconciliation of WHT with customers and 26AS.
• Follow up with the tax authorities for orders, filing of order giving effect, rectification orders, refunds, etc.
• To perform foreign remittance related tax compliance.
• To be able to independently compute the quarterly Advance tax computation.
• Direct tax compliance in India requires filing of tax returns, exhaustive tax audit reports, Transfer pricing compliance (these compliances are required for overseas LZ group companies as well), timely deduction and reporting of withholding taxes and Transfer pricing analysis as well.

The Lubrizol Corporation

Lubrizol was founded in 1928 in Cleveland, Ohio, as The Graphite Oil Products Company, and moved to Wickliffe, Ohio, in 1931. It makes additives for engine oils, fuels and industrial lubricants, and specialty materials for personal care, pharmaceutical and medical device markets, as well as plastics technology and coatings resins and additives. Berkshire Hathaway completed its acquisition of the company in September 2011, and Lubrizol has been a Berkshire Hathaway subsidiary since. In India it operates through Lubrizol India Private Limited, which began as a joint venture with Indian Oil Corporation.

Its finance openings in India have been in tax and global finance: an Associate Manager in direct tax in Mumbai, a Senior Manager in global finance at Turbhe, and a Tax Analyst in international tax and transfer pricing in Pune.

• Industry: Specialty chemicals: additives for engine oils, fuels and industrial lubricants, and materials for personal care, pharmaceutical, medical device, plastics and coatings markets
• Headquarters: Wickliffe, Ohio, United States (a Berkshire Hathaway company)
• In India: Lubrizol India Private Limited, which began as a joint venture with Indian Oil Corporation; finance roles in Mumbai, Navi Mumbai (Turbhe) and Pune