Head - Direct and Indirect Tax

Department:FinanceAbout the Company TI Medical, a Murugappa Group company, was established through a joint venture between Tube Investments and Premji Invest, reflecting the vision to advance global healthcare through innovation. This aligns with the ‘Make in India, Make for the World’ strategy. Our primary focus is on delivering world-class, high-quality, and safe medical devices that are accessible to all. We recognize the transformational impact of technology in healthcare and therefore consistently innovate to develop solutions that improve clinical outcomes, enhance operational efficiency, and drive breakthroughs in patient care.Role Overview Head - The Direct and Indirect Tax is responsible for managing the full spectrum of tax compliance, planning, and advisory activities for the India operations of the Medical Devices business. This includes ownership of corporate income tax, transfer pricing, GST, customs, and other statutory obligations. The role requires deep understanding of India’s tax framework, medical device regulations, and healthcare industry nuances — including import duties, pricing regulations, and distributor structures — to ensure full compliance while optimizing tax efficiency.Key Responsibilities: 1. Direct Tax (Income Tax & Transfer Pricing) Manage all aspects ofcorporate income tax compliance , including computation, filing of returns, and quarterly advance tax payments. Prepare and reviewtax provisionsanddeferred tax calculationsduring month-end and year-end closings. Leadtax assessments, audits, and appealswith tax authorities. Monitor and implement changes from India’s Finance Acts and CBDT circulars affecting the business. 2. Indirect Tax (GST, Customs etc.) Overseeend-to-end GST compliance , including registration, monthly returns (GSTR-1, GSTR-3B, GSTR-9), reconciliation, and audits. ManageGST input tax credit (ITC)reconciliation with vendors, ensuring accurate and timely reporting. HandleGST litigation , audits, and departmental queries. Advise business teams ontax implications of new products, tenders, pricing, or supply chain changes . ManageCustoms and import duty matters— including valuation, classification, exemptions under medical device import schemes, and coordination with logistics and customs brokers. Ensure compliance withMedical Device Rules (MDR), NPPA pricing regulations , and related statutory reporting. 3. Advisory & Planning Provide strategic tax planning to optimize effective tax rate (ETR) within legal boundaries. Evaluate tax implications of business expansion, restructuring, or distribution model changes. Support M&A due diligence and integration activities from a tax perspective. Develop and maintain strong relationships with external advisors, tax authorities, and internal stakeholders. 4. Governance, Controls & Process Excellence Maintain robust internal controls over tax processes and compliance. Coordinate with internal and external auditors for tax reviews and statutory audits. Driveprocess automation and digitalizationin tax filings, reconciliations, and document management. Ensure all tax processes comply with SOX, corporate governance, and global finance policies.Education qualification required: Chartered Accountant (CA) ismandatory.Experience required: 8–12 years of post-qualification experience inDirect and Indirect Taxation . Industry experience in Medical Devices, Pharmaceuticals, Life Sciences, or Healthcareishighly preferred . Proven experience inGST, customs valuation, and tax audits/litigation .Skills & Competencies: Deep understanding ofIndian tax laws , GST framework, and international tax principles. Strong analytical and problem-solving abilities with attention to detail. Excellent stakeholder management — able to influence business and senior leadership. Strong written and verbal communication skills for interaction with auditors, consultants, and government authorities. High integrity, compliance orientation, and ability to handle sensitive financial data.

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