Direct Tax and Transfer Pricing Lead

Internal Job Description

Job title: Direct Tax and Transfer Pricing Lead

• Location : Mumbai - India

At Sanofi, we chase the miracles of science to improve people's lives. As we embark on our 'Take the Lead' journey, we're seeking passionate individuals to join our team. We're looking for forward-thinkers who embody our values: Aim Higher, Act for Patients, Be Bold, and Lead Together. Join us in shaping the future of Learning at Sanofi.

About the job

Account to Report (A2R) is part of Global Finance Services (GFS), a team dedicated to improving business operations and empower teams to deliver sustainable value, accelerate simplification, innovate, and harmonize solutions through trusted partnerships. It also helps regulate and ensure next-level partnership with its diverse set of stakeholders through digital driven experiences.

A2R consolidates the following activities:

• Fixed assets,
• Intercompany
• Inventories
• Cash Accounting
• Closing & Reporting
• Tax compliance and tax reporting activities,
• Audit support
• Master Data.

Main Responsibilities

The purpose of A2R Direct Tax and Transfer Pricing Lead is to implement technical support to A2R function and bridge between Tax and A2R team in line with the global A2R core and operating models.

The role will have the overall accountability of tax compliance operations to deliver best-in-class service and to partner with regional and country stakeholders when needed.

The A2R Direct Tax and Transfer Pricing Lead will have the following responsiblities:

• Preparation Income tax returns, tax audit, TP Audit and audit for weighted deduction for R&D
• Coordinating with tax auditors/TP auditors/statutory auditors for the purpose of Tax audit/TP audit/DSIR certification.
• Preparation of income tax schedules for statutory audit purpose
• Preparation of Transfer Pricing documentation for the purpose of Income Tax
• Supporting RPT compliances, and segmentation for TP and related parties for benchmarking
• Review of TDS on salaries and on other expenses, supporting to issue relevant certificate
• TDS & TCS compliances
• Managing Deferred tax computation and other reporting to the same in MyTax Package of the group etc
• CBCR compliances
• Providing support for data provision for assessment and appellate proceedings
• Preparing of MIS for direct Tax
• Ensuring timely filing of refund claim.
• Data management and analysing the same from Risk and opportunities perspective in conjunction with Head of tax.
• Analyzing co-relation between direct and indirect tax records/submissions, anticipate and prepare for potential queries and actions with the Head of Tax
• Assist the head of A2R in the completion of the quarterly accounts and limited reviews by the statutory auditor prior to publishing of the results to the stock exchange
• Assist the head of A2R in the preparation of Board and Audit Committee presentation on the quarterly and annual results and other disclosures required.

Process improvement

• In close collaboration with the Country Tax Head improving the process
• Promotes standardization and simplification of return and other statutory filing process
• Leverages operational experience and contributes to design/continuous improvement of tax compliance processes

Stakeholders’ management / user experience

• Cultivates strategic partnerships:  Country Tax Head, Country CFO, Statutory Auditor, Consultant, Counsels

• Sets up close relationships with all stakeholders when needed to allow smooth communication, efficient change management and issue resolution

• SPOC between Tax team and A2R team to bridge the requirements from audit/ assessment perspective.

About you

• Experience: 10 to 15 years of experience in Finance with direct work experience in managing tax compliance including direct, indirect and international taxation with a track record of process improvement.

• Expected skills:
  • Very good understanding of Accounting processes, Indian Income tax Transfer Pricing Regulations from both Income Tax & Corporate Governance standpoint
  • Good knowledge of SAP and of digital technologies
  • Ability to think strategically, and also to deep dive into operational problems when required
  • Ability to build good collaboration with stakeholders and other departments and work transversally
  • Very good change management skills
  • Strong delivery and problem-solving skills
  • Very good communicator with an ability to discuss at all levels within Sanofi and externally

• Education: CA
• Languages: Fluent in English

Pursue progress, Discover extraordinary

Better is out there. Better medications, better outcomes, better science. But progress doesn’t happen without people – people from different backgrounds, in different locations, doing different roles, all united by one thing: a desire to make miracles happen. So, let’s be those people.

At Sanofi, we provide equal opportunities to all regardless of race, colour, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, or gender identity.

Watch our ALL IN video and check out our Diversity Equity and Inclusion actions at sanofi.com!

Better is out there. Better medications, better outcomes, better science. But progress doesn’t happen without people – people from different backgrounds, in different locations, doing different roles, all united by one thing: a desire to make miracles happen. So, let’s be those people.

At Sanofi, we provide equal opportunities to all regardless of race, colour, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, ability or gender identity.

Watch our ALL IN video and check out our Diversity Equity and Inclusion actions at sanofi.com!