Britannia Industries is one of India’s leading food companies with a 100 year legacy and annual revenues in excess of Rs. 9000 Cr. Britannia is among the most trusted food brands, and manufactures India’s favorite brands like Good Day, Tiger, NutriChoice, Milk Bikis and Marie Gold which are household names in India. Britannia’s product portfolio includes Biscuits, Bread, Cakes, Rusk, and Dairy products including Cheese, Beverages, Milk and Yoghurt. Britannia is a brand which many generations of Indians have grown up with and our brands are cherished and loved in India and the world over. Britannia products are available across the country in close to 5 million retail outlets and reach over 50% of Indian homes.
The company’s Dairy business contributes close to 5 per cent of revenue and Britannia dairy products directly reach 100,000 outlets.
Britannia Bread is the largest brand in the organized bread market with an annual turnover of over 1 lac tons in volume and Rs.450 crores in value. The business operates with 13 factories and 4 franchisees selling close to 1 mn loaves daily across more than 100 cities and towns of India.
We have a presence in more than 60 countries across the globe. Our international footprint includes presence in Middle East through local manufacturing in UAE and Oman, are the No 2 biscuit player in UAE with a strong contention to leadership and have a similarly strong market position in the other GCC countries. We are also the market leaders in Nepal and are in the process of investing a manufacturing facility in the country.
- Compliance
- Overseeing and managing the end to end GST processes including compliance, audit defense,etc. with the help of the tax team
- Accounting
- Ensure timely and accurate accounting of GST Payable/Input tax credits, RCM, ISD, tax related provisions/ accruals, etc.
- Reporting
- Ensure timely reporting of CARO reports, Corporate Governance Reports, MIS, CMS tool, Board/AGM back-ups etc
- Liasoning
- Represent to Government on pain areas, areas of opportunities, etc.
- Assessment & Litigation
- Finalize response to routine notices from Department, GST assessment (in coordination with regional tax resource) and file appeal to appellate authorities Tribunal, HC, SC, finalize cross objections as and when required.
- Strategy
- Creating / Identifying and implementing tax opportunities by collaborating with various functions, stake holders etc.
- Regularly scrutinizing the business to identify risk on account of existing tax positions as well as changes due to amendments and plan for mitigation.
- Audit
- Ensure smooth completion and filing of GST departmental Audits, assessments, provide clarification to Statutory Auditors and submit reports to Internal/ IFC Auditors
- Undertake internal audit for evaluating tax regular compliances, tax positions adopted, etc. (with or without external consultant).
- Advisory
- Send alerts on changes in law regularly, provide clarification on tax impact on various transactions to stakeholders
- Management
- Administering a team of 15 members including talent acquisition, mentorship
- Review and reconcile tax GLs and ensure that Tax controls are maintained, maintain trackers of assessment, litigations, hearings etc and ensure assessment readiness, develop and ensure adherence to SOPs
- Automation
- Digitize all the standard processed related to GST to ensure that the work is not human dependent
LINK FOR ONLINE APPLICATION - CLICK HERE
