Manager Treasury

Overview

Tax Lead and Direct Tax Support

Responsibilities

1. Ensure Daily Liquidity Business Continuity - Maintain uninterrupted liquidity for operations, capex, and statutory payments by delivering accurate cash positioning and funding across all entities, bank accounts, and geographieszero payment failures and no idle cash above policy thresholds.
2. Maximize Yield on Surplus - Maximize net interest income within the Board-approved investment policy and credit limits.
3. Treasury Controls, Compliance Governance - Maintain zero non-compliances with Board policies, debt covenants, and internal controls (segregation of duties, dual authorization, deal confirmation, counterparty limits, and audit trails).
4. Insurance - Secure insurance coverage at optimized premiums and timely claim recoveries, minimizing uninsured exposures in supply chain and sales operations.
5. Tax Compliance Reporting - Support Direct Tax Lead in accurate and timely filing of direct tax returns (corporate income tax, withholding tax, etc.) for PIH, PISPL and other PepsiCo Foreign entities required to file the return in India. (Annual Tax expense of ~USD 34 MM, average Monthly TDS TCS Pymnt ~USD2.5MM)
6. Manages audits, assessments, and correspondence with tax authorities.
7. Maintains documentation to support tax positions and disclosures.
8. India Tax compliances for Foreign Entities
9. Risk Management - Identifies potential exposures, and manages litigation. (BAIC exposure involved in Direct Taxes is ~USD 490 MM)
10. Financial Accuracy - Supports statutory and internal financial reporting by ensuring correct tax provisioning. Reconcile tax accounts, and ensure audit readiness.
11. Managing quarterly Advance Tax payments and tax forecasts (Sep quarter payment >USD10MM)
12. Proactive partnering with Sales, Supply Chain, FPA, Financial Reporting and Tax.

Qualifications

CA