Senior Manager - Finance
Mumbai, IN
About Starbucks India
Starbucks India is a 50:50 Joint Venture between Tata Global Beverages and Starbucks Coffee Company. Currently, we have presence in 8 cities with over 125 stores through a network of over 1,800+ passionate partners (employees). Our core business is more than just coffee. We are in the people business selling coffee. And we know our success depends on the people we hire, retain and develop.
Our mission statement – “To inspire and nurture the human spirit – one person, one cup and one neighbourhood at a time” and core values are the roots of our culture and serve as guidepost for our partners. We’re called partners, because it’s not just a job, it’s our passion. Together, we embrace diversity to create a place where each of us can be ourselves. We always treat each other with respect and dignity. And we hold each other to that standard.
Purpose and Scope of position
This position contributes to Starbucks’ success by:
Lead Tax for the organization including tax strategy, compliance, litigation, audits.
Summary of Key Responsibilities
Responsibilities and essential job functions include but are not limited to:
Taxation:
- Key Responsibilities:
- Leads the Tax function at the entity level under DT & IDT
- Delivers tax strategy plan; design, communication and execution – in line with Tata Starbucks Strategy
- Ensures efficiency and transparency of tax processes and systems.
- Ensures sound decision making on tax-related matters at the overall level.
- Acts as the DT & IDT expert & oversees other DT & IDT managers for policy, planning, litigation management & continuous improvement.
- Manages relationships with tax authorities & tax partners.
- Encourages and promotes a culture of creativity, discipline and people connect. Promotes and foster a team culture consistent with the organization’s values.
- Essential role duties:
- Advises the entity on tax policies and directives
- Coordinates with tax team on tax planning and ensures central policy implementation for Tata Starbucks
- Leads appeals and tax litigation – responsible for tax decisions on negotiations on an entity level
- Represents Tata Starbucks towards local Tax authorities, conducts tax reviews
- Provide advice on tax related matters to Finance Team, including tax optimization across the entity
- Owns timely and proper execution of tax reporting & compliance
- Assesses tax risks and compliance
- Leads Tata Starbucks tax team.
- Consults on tax audits
- Provides tax support on transaction structuring & contracts
- Coordinates transfer pricing compliance, documentation, and implementation
- Creates tax awareness and provides tax training to the business
- Works with CFO to ensure compliance with accounting policies and statutory obligations
- Exhibits a strong focus on people development within own area and consistently improves capabilities and engagement in the direct and indirect team
- Key interfaces:
- Finance Controller, Treasury, Finance Excellence. Project & Commercial Finance
- CFO
- LT Leadership
- Group CFO
- Regulators
- External Tax Experts
Summary of Experience & Education
Qualification
- Chartered Accountant or MBA in Corporate Finance
Required Knowledge, Skills and Abilities
- 10+years’ experience in field of taxation
- Experience of leading Direct Taxation & Indirect Taxation function
- Exposure in International Taxation
- Knowledge of global & Indian capital markets, their structure, participants and the instruments traded on them
- Knowledge of financial control or other corporate treasury department
- Assertive and persuasive in communication
- Experienced in influencing multi-disciplinary teams and in people management
External Competencies