Skip to Main Content

Job Title


Principal - Direct Taxes


Company : Varroc


Location : Aurangabad, Maharashtra


Created : 2026-03-18


Job Type : Full Time


Job Description

JOB PURPOSELed end-to-end tax & compliance functions for Global Varroc Group, including timely preparation & filing of Master File & CbC Report under OECD Action Plan, while managing tax & statutory audits, income tax returns and direct tax assessments, mega project compliance, review TDS compliances & removal of TDS defaults, R&D approvals by DSIR, finalizationof cost audits, & insurance policy renewals & claims.PRINCIPAL ACCOUNTABILITIESTax audits▪ Finalize Tax Audit of all Indian entities▪ Discussions with tax auditors on issues related to tax auditsStatutory audits▪ Finalize Tax provision along with discussion with Statutory Auditors and provide effective tax rates (Quarterly)▪ Provide details of accrual & receipt of Government Incentives to AuditorsIT returns▪ Finalize advance tax working (Quarterly)▪ Finalization of tax computations of Indian entities▪ Get tax computation reviewed by tax partnerIT assessment▪ Review data and submissions for assessments at various levels such as AO, DRP, CIT(A) & ITAT▪ Prepare and submit rectification applicationsGovernment Incentives▪ Study various policies launched by Central & State and check applicability▪ Apply for applicable incentives well within timelines▪ Ensure timely filing of annual claim documentsTDS compliance – Overall review▪ Overall control of TDS payments and compliances▪ Ensure timely removal of defaultsR & D Audit▪ Ensure timely renewal of renewal of recognition of R&D centersInsurance▪ Provide requisite details for renewal of various policies such as IAR Policy, stock related policies, cyber & commercial crime policy, product liability policy, etc. to the brokerOthers▪ Prepare notes related to tax in respect of Consolidation of financials along with standalone FS▪ Review financial statementsSpecial Project▪ Ensure tax compliances arising as a result of various projects.QUALIFICATION▪ Minimum Qualification required: CA (1st attempt preferred)WORK EXPERIENCE▪ Minimum 10-12 years of experience▪ Industry Related experience> 10 years▪ Other soft skills/competencies - Communication, Leadership, Problem-solving▪ Staying updated regarding changes in Tax Laws & Regulations,▪ Excellent written & oral communication skills,▪ Analytical Thinking & Problem Solving▪ Negotiation skills,▪ Leadership & Team Management skills.The position reports to the Head - Direct Taxes / Insurance & has a Team of 4 employees reporting to it.Outstation Candidates will have to RE-LOCATE to AURANGABAD and will be eligible to avail benefits under the Relocation Policy.