Team Member Taxation_DM

About Company

Founded in 2011, ReNew, is one of the largest renewable energy companies globally, with a leadership position in India. Listed on Nasdaq under the ticker RNW, ReNew develops, builds, owns, and operates utility-scale wind energy projects, utility-scale solar energy projects, utility-scale firm power projects, and distributed solar energy projects. In addition to being a major independent power producer in India, ReNew is evolving to become an end-to-end decarbonization partner providing solutions in a just and inclusive manner in the areas of clean energy, green hydrogen, value-added energy offerings through digitalisation, storage, and carbon markets that increasingly are integral to addressing climate change. With a total capacity of more than 13.4 GW (including projects in pipeline), ReNew’s solar and wind energy projects are spread across 150+ sites, with a presence spanning 18 states in India, contributing to 1.9 % of India’s power capacity. Consequently, this has helped to avoid 0.5% of India’s total carbon emissions and 1.1% India’s total power sector emissions. In the over 10 years of its operation, ReNew has generated almost 1.3 lakh jobs, directly and indirectly. ReNew has achieved market leadership in the Indian renewable energy industry against the backdrop of the Government of India’s policies to promote growth of this sector. ReNew’s current group of stockholders contains several marquee investors including CPP Investments, Abu Dhabi Investment Authority, Goldman Sachs, GEF SACEF and JERA. Its mission is to play a pivotal role in meeting India’s growing energy needs in an efficient, sustainable, and socially responsible manner. ReNew stands committed to providing clean, safe, affordable, and sustainable energy for all and has been at the forefront of leading climate action in India.

Job Description

upport the preparation and timely submission of monthly GST returns, ensuring full compliance with all statutory obligations, including registrations and necessary amendments.

ii.                   Provide analysis and advisory services on GST implications for projects, new business ventures, and transactions.

iii.                 Conduct and oversee the reconciliation of tax balances and credits with GSTR-2A, as well as GL entries in the company’s accounting records.

iv.                 Monitor relevant tax and regulatory updates, keeping all stakeholders informed of significant changes that could impact the business.

v.                   Ensure adherence to correct tax accounting practices, including the accurate calculation and reporting of balance sheet provisions and contingent liabilities.

vi.                 Draft and submit responses to tax notices and correspondence, and represent the company in hearings with government tax authorities.

vii.                Work closely with consultants and law firms to stay informed of industry developments, and communicate important updates to business teams.

viii.              Identify opportunities for tax optimization and collaborate with the finance team to ensure compliance with tax policies across all operations.

ix.                  Drive process improvement initiatives, including tax technology implementations, to minimize risk and enhance/improve tax compliance.

x.                   Coordinate with auditors and other stakeholders in providing the required GST-related data in the appropriate formats.

 

2. Qualifications and Skills:

1. The candidate should be a Chartered Accountant with 4 to 6 years of experience, specializing in GST and Customs.
2. Strong communication and presentation skills, with the ability to analyze and interpret data, are essential.

Prior experience with SAP is required.