Analyst - Taxation at FreshBooks

Chennai, Tamil Nadu, India

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Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Software, SaaS, TechnologyIndustries

Requirements

Chartered Accountancy (Intermediate qualified) or B.Com graduate or similar finance qualifications
2–3 years of hands-on working experience in Direct and Indirect Taxation, including TDS and GST matters
Strong understanding of Direct Tax (TDS) and Indirect Tax (GST) compliance
Experience in NetSuite (Oracle) or other ERP systems preferred
Proficient in reconciliation, journal postings, and statutory return filings
Strong communication and collaboration skills to work effectively across teams

Responsibilities

Prepare monthly TDS calculations for payments and Quarterly return filings
Support Income tax assessments, prepare and manage documentation for External and Internal Tax audits and reviews
Prepare and file monthly GST returns accurately and within deadlines
Maintain and update IMS dashboard for GST-related data and analytics
Manage GST refund processing and ensure timely submission and follow-up with authorities
Assist in litigation matters, including responding to notices and liaising with external consultants
Post journal entries related to Tax, reversals, and adjustments in NetSuite (Oracle)
Perform month-end reconciliations for tax accounts, ensuring accuracy and completeness
Collaborate with internal teams including Accounts Payable (AP), Treasury, and Financial Close to validate data and ensure timely closure of tax-related activities
Support tax-related reporting and analysis for management reviews
Work extensively on NetSuite (Oracle) ERP for tax-related accounting and reconciliations
Ensure accurate documentation and compliance with internal controls

Skills

Key technologies and capabilities for this role

Direct TaxationIndirect TaxationTDS CalculationsTax ComplianceTax ReconciliationsTax AssessmentsTax ReportingIncome Tax AssessmentsTax AuditsReturn FilingsJournal Postings

Questions & Answers

Common questions about this position

What qualifications are required for the Analyst - Taxation role?

The ideal candidate is a Chartered Accountancy (Intermediate qualified) or B.Com graduate with 2–3 years of working experience in Direct and Indirect Taxation, including compliance, reconciliations, Tax assessments, and Reporting.

Is this Analyst - Taxation position remote or on-site?

The position is on-site.

What are the key responsibilities in Direct Taxation for this role?

Responsibilities include preparing monthly TDS calculations for payments and Quarterly return filings, as well as supporting Income tax assessments, preparing and managing documentation for External and Internal Tax audits and reviews.

What systems and tools will I use in this taxation analyst role?

You will work extensively on NetSuite (Oracle) ERP for tax-related accounting and reconciliations.

What experience makes a strong candidate for this taxation analyst position?

Strong candidates have CA Intermediate qualification or B.Com with 2-3 years in Direct and Indirect Taxation, hands-on experience in tax computations, return filings, reconciliations, and proficiency with NetSuite.

FreshBooks

Cloud-based accounting software for businesses

About FreshBooks

FreshBooks provides cloud-based accounting software aimed at simplifying financial management for small to medium-sized businesses and self-employed professionals. The software allows users to efficiently track expenses, time, and invoices, making it accessible even for those without accounting experience. Users subscribe to the service with various pricing tiers, and they can take advantage of a 30-day money-back guarantee and an 80% discount for the first four months. FreshBooks stands out from competitors by offering a user-friendly interface and mobile accessibility, enabling users to manage their finances on the go. The company's goal is to help business owners and accountants streamline their financial processes, improve organization, and enhance client relationships.

Toronto, CanadaHeadquarters

2003Year Founded

$149.6MTotal Funding

DEBTCompany Stage

Consumer Software, FintechIndustries

201-500Employees

Benefits

Health Insurance

Dental Insurance

401(k) Company Match

Stock Options

Unlimited Paid Time Off

Parental Leave

Home Office Stipend

Professional Development Budget

Risks

Increased competition from market leaders may impact FreshBooks' market share.

Dependency on Stripe's technology could pose risks if Stripe faces issues.

Economic downturns may threaten FreshBooks' subscription-based revenue model.

Differentiation

FreshBooks offers a user-friendly platform for non-accountants, simplifying financial management.

The company provides mobile-friendly solutions, catering to the rise of remote work.

FreshBooks' integration with Shopify enhances e-commerce capabilities for online businesses.

Upsides

FreshBooks' subscription model aligns with industry trends, boosting customer acquisition and retention.

The expansion of Stripe Connect features enhances FreshBooks Payments, improving payment processing.

AI-driven financial analytics tools can provide predictive insights, enhancing decision-making.

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