Manager - Reg. Finance Team Member

Vodafone Idea Limited is an Aditya Birla Group and Vodafone Group partnership. It is India’s leading telecom service provider. The Company provides pan India Voice and Data services across 2G, 3G and 4G platform. With the large spectrum portfolio to support the growing demand for data and voice, the company is committed to deliver delightful customer experiences and contribute towards creating a truly ‘Digital India’ by enabling millions of citizens to connect and build a better tomorrow. The Company is developing infrastructure to introduce newer and smarter technologies, making both retail and enterprise customers future ready with innovative offerings, conveniently accessible through an ecosystem of digital channels as well as extensive on-ground presence. The Company is listed on National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) in India.

We're proud to be an equal opportunity employer. At VIL, we know that diversity makes us stronger. We are committed to a collaborative, inclusive environment that encourages authenticity and fosters a sense of belonging. We strive for everyone to feel valued, connected and empowered to reach their potential and contribute their best.

VIL's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our Values of Passion, Boldness, Trust, Speed and Digital. Consequently, our recruiting efforts are directed towards attracting and retaining best and brightest talents. Our endeavour is to be First Choice for prospective employees.

VIL ensures equal employment opportunity without discrimination or harassment based on race, colour, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

VIL is an equal opportunity employer committed to diversifying its workforce.

Role

Regulatory Finance Team Member

Function / Department

Finance – Fin. Ops

Location

Delhi.

Job Purpose

The position is responsible for ensuring full compliance of regulatory finance matters for Circle/Cluster including AGR assessment and regulatory payments. Jobholder has to ensure timey filing of quarterly & annual returns with DoT along with all back up documentary proof and ensure assessment of the same with NIL financial exposure for the Circle/Cluster. The profile calls for the Jobholder to maintain effective and continuous liaison and co-ordination with different hierarchical levels in DoT and BSNL and also with non-Circle internal stakeholders ( Corporate Finance, SSC & Regulatory ) for all circle matters related to regulatory finance

The role requires to support the Indirect tax head on providing tax advisory, vet the business agreements, manage various indirect tax investigations, litigation and facilitate closure of the same, building and maintaining strong working relationships with key stakeholders, legal counsels and tax consultants and ensuring timely and accurate tax compliances

Key Result Areas/Accountabilities

• Filing of Quarterly & Annual Returns with DoT along with all back up documentary proof required for assessment
• Timely completion of the quarterly AGR assessment with NIL exposure by regular visits to DoT office and explaining and correlating the backup documentation (including various certifications – AO, AG & IR - by Statutory Auditors) with returns filed.
• Timely and proper appeals – formal as well as informal – to higher DoT authorities against disallowances not justified by regulations.
• Ensure ASR requirements for the circle as mandated by TRAI
• To manage indirect tax/Direct compliance advisory and, which includes:
• Keeping track of compliances being done by Telecom circles, SSC tax team and other non telco entities
• Liaising with the consultants, SSC and process teams regarding the various IT/ GSTN/ data challenges encountered in GST/Income Tax/ TDS return filing and to expedite the process in order to meet the return deadlines
• Review of the reply to notices/letters and other submissions to be made by circles and group entities with the tax authorities
• Liaising with SSC tax on all indirect tax processes and requirements
• Assisting National Head of Indirect tax in providing technical advice to Circles and Shared Service Centre
• Reviewing tax publications for decisions and rulings, changes in legislation and assesses its application and implications to group entities
  
  
  

Core Competencies, Knowledge, Experience

• Good understanding of the Telecom Regulations governing AGR Computation and assessment and other regulatory financial matters
• Good understanding of Telecom revenue accounting especially of those revenue components specifically governed by regulations and judicial pronouncements and the presentation of the revenue components in Quarterly & Annual Returns filed with DoT.
• High level liaising, co-ordination , communication and influencing skills with different hierarchical levels in Govt. Departments and non-Circle internal stakeholders ( Corporate Finance, SSC & Regulatory )
• Attention to details and working knowledge SAP & MS-Office
• Extensive knowledge and experience in Indirect taxes such as GST, Service Tax, VAT, Entry tax, Local Body taxes in any Big 4, law firm or large company
• Thinks laterally and creatively, anticipates developments, proposes innovation
• Potential to arrive at sound judgement to solve problems
  
  
  

Must Have Technical / Professional Qualifications

M Com/ Inter CA/CA, preferably with Telecom experience > 3 years

Direct Reports

None

Vodafone Idea Limited (formerly Idea Cellular Limited)

An Aditya Birla Group & Vodafone partnership