Tax Accountant

Job Summary:

Responsible for general accounting work required to maintain the department’s general ledger. Performs financial analysis of the department’s chart of accounts and financial statements by identifying and analyzing variances.

Key Responsibilities:

Analyzes, records and reports accounting transactions in a timely manner. Prepares general ledger entries and account reconciliations. Responds to inquiries received from management, internal and external auditors, Sarbanes-Oxley audit group and others regarding financial results, special reporting requests, etc. Protects organization's value by keeping information confidential.

Cummins is an equal opportunity employer. Our policy is to provide equal employment opportunities to all qualified persons without regard to race, sex, color, disability, national origin, age, religion, union affiliation, sexual orientation, veteran status, citizenship, gender identity, or other status protected by law.
Responsibilities:

Competencies: 

Values differences - Recognizing the value that different perspectives and cultures bring to an organization. 

Action oriented - Taking on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm. 
Collaborates - Building partnerships and working collaboratively with others to meet shared objectives. 
Communicates effectively - Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences. 
Ensures accountability - Holding self and others accountable to meet commitments. 
Nimble learning - Actively learning through experimentation when tackling new problems, using both successes and failures as learning fodder. 
Self-development - Actively seeking new ways to grow and be challenged using both formal and informal development channels. 
Financial Analysis - Interprets financial data by analyzing trends, variances, opportunities and risks to provide insight to stakeholders regarding financial impact to drive business improvement; evaluates financial results against targets to communicate conclusions to all stakeholders; ensures integrity of financial data by investigating variances and determining corrective actions to resolve identified issues. 
Financial Internal Controls - Leverages internal control framework by assessing internal controls and developing remediation plans to mitigate financial reporting risks and respond to changing business needs. 
Financial Regulations Acumen - Evaluates applicable regulations for the financial area of focus, such as tax, banking, pension, local accounting to ensure underlying transactions are recorded in compliance with applicable regulations; explains key requirements and purpose of regulations and implications to the business to inform and educate relevant stakeholders. 
US Generally Accepted Accounting Principles - Evaluates US accounting standards to record transactions in compliance with requirements and company policies; assesses the accounting requirements and objectives to determine the implications on the business and communicate to stakeholders with varying financial knowledge. 
Education, Licenses, Certifications: 
CA/Chartered Accountant
Experience: 
3-4 years of relevant experience required in Direct Taxation.

Qualifications:

Direct Tax work

Compliance & Computation

• Prepare and independently handle corporate income‑tax return filings
• Compute advance tax instalments, self‑assessment tax, interest, and tax provisions
• Prepare tax computation sheets, detailed workings, and reconciliations
• Assist in preparation and review of deferred tax (DTL / DTA) calculations

Tax Audit & Reporting

• Coordinate and support tax audits under Section 44AB
• Prepare audit schedules, disclosures, and explanations for tax auditors
• Assist in preparation of Form 3CD acknowledgements and related annexures
• Ensure consistency between: 
  • Tax audit report
  • Return of income
  • Financial statements

Assessments, Appeals & Litigation Support

• Handle routine Income‑tax notices (intimations, scrutiny, reassessment, rectification)
• Draft initial responses and collate documentation for: 
  • Assessments
  • Appeals
  • Rectification applications
• Track timelines and maintain assessment and litigation trackers
• Coordinate with external tax consultants / counsels for hearings and submissions

Withholding Tax (TDS/TCS)

• Review and ensure compliance with TDS/TCS provisions
• Support TDS return filing, reconciliations, and Form 26Q / 24Q reviews
• Assist in resolving TDS mismatches and default notices
• Support lower / nil deduction certificate processes, if applicable