Who We Are:
HBC is a diversified global
retailer focused on driving the performance of high quality stores and their all-channel
offerings, growing through acquisitions, and unlocking the value of real estate
holdings. Founded in 1670, HBC is the oldest company in North America. HBC's
portfolio today includes formats ranging from luxury to premium department
stores to off price fashion shopping destinations, with more than 480 stores
and over 40,000 employees around the world.
HBC's leading banners across
North America and Europe include Hudson's Bay, Lord + Taylor, Saks Fifth
Avenue, Saks OFF 5TH.
HBC has significant investments
in real estate joint ventures. It has partnered with Simon Property Group Inc.
in the HBS Global Properties Joint Venture, which owns properties in the United
States and Germany. In Canada, it has partnered with RioCan Real Estate
Investment Trust in the RioCan-HBC Joint Venture.
The HBC India corporate
teams focus on Finance & Accounting, Technology, Merchandising, and Shared
Service operations. HBC's entrance into this market has expanded the
company's global footprint and further established HBC as a truly global
The teams in the India
office play an integral role in supporting HBC's strategic plan. Bengaluru's
workforce has deep experience in a variety of areas, including finance and
accounting, technology, as well as other shared services and will support HBC's
operations on an ongoing basis.
You can learn more and view
available positions in Bengaluru, by visitinghttp://www.hbcindiacareers.com/.
with tax laws for matters related to HBC India including:
- Goods and
Service Tax (GST) ? appropriate treatment of transaction based on GST laws in the
countries including monthly, quarterly and annual fillings and coordinating
with the vendors ensuring minimum tax impact on the company and its cash flow.
tax ? work with the finance and accounting team members ensuring appropriate tax
withholding on the transaction and ensuring timely payment of taxes to the
taxes ? To work with the outsourced payroll provider for appropriate Payroll
tax withholding from the employees and payment of those taxes to the government.
Tax ? to work with accounting team member and calculate advance tax to be remitted
to the government on a quarterly basis.
tax ? to ensure appropriate corporate tax calculation and reporting in the
financial statement of the entity including deferred tax treatment.
Compliance ? to ensure SEZ related compliance by the company including filling
of monthly, quarterly and annual performance report and softex filling.
the team in annual statutory and tax audit process along with internal audit requirement
to ensure clean audit reports.
- Deal with
any other tax regulation as might be introduced by the government from time to time.
government filings, audits and provide reconciliations.
with external tax consultants
global tax team towards tax related matters including:
filing and paying of the multistate annual report,
activity fee for the U.S. entities,
and maintaining the annual report and miscellaneous compliance tax calendar to ensure
- Work with
onshore HBC tax team to ensure integrity and accuracy of financial statement
and timely completion of all regular tax reporting as per the close schedule
and published requirements.
quality control over financial transactions and financial reporting
the preparation of regulatory and statutory reporting and support month-end and
year-end close process in accordance with HBC policies and timetables.
completion of local, state and government reporting requirements including tax
of financial results to support preparation of overall HBC consolidated results
in accordance with agreed format/timelines.
compliance with HBC?s financial policies and internal controls and manages the
local audit of financial statements for external reporting and tax filings.
Taxation Associate you will :
responsible for supporting internal accounting and reporting team with the tax
related activities for HBC India including but not limited to calculation of appropriate
taxes: GST, Corporate Income tax, Advance tax, Transfer pricing, Payroll taxes,
responsible for recording all taxation transactions within HBC India?s
financial system (Tally) and to ensure the overall integrity and accuracy of
working with global tax team and be responsible for preparing filing and paying
of the multistate annual report, franchise tax and commercial activity fee for
the U.S. entities, including monitoring and maintaining the annual report and
miscellaneous compliance tax calendar to ensure timely reporting.
- Work both
with stakeholders within HBC India, as well as with the taxation team in in
Toronto to support consolidation of local Indian financial results into HBC?s
overall financial records.
- Be a key
participant in the financial close / reporting process for HBC and ensuring
timely tax compliance for all the HBC entities and will work to continuously
improve and optimize the process.
incumbent must demonstrate a high degree of attention to detail, as well as
strong financial and taxation acumen, including knowledge of local tax laws
along with knowledge of international taxation.
The successful candidate must
- Be a proactive
self-starter with a dynamic and resilient nature able to work and lead in a
fast-paced, Ability to work in an ambiguous, complex, challenging and
demonstrated the ability to manage multiple priorities simultaneously with
strict adherence to deadlines.
- be able
to think out of the box and challenge the status quo while being extremely well
organized and detailed oriented with demonstrated follow-up skills.
evidence of a high degree of attention to detail and focus on the integrity of
accounting and reporting of financial transactions and results.
strong customer service skills, for both internal and external customers. They
will demonstrate proven ability to engage with stakeholders across the business
and provide critical input to business teams.
- be a
strong problem and have conflict resolution skills.
excellent communication and interpersonal skills in order to partner with
internal and external parties to drive resolution and continual progress.
financial aptitude with Min 2 years of work experience in Corporate taxation
with MNCs/GICs, with preference to Retail industry focus.
in the development and implementation of internal accounting processes as part
of a ?start up? operation in a Shared Service / MNC environment.
knowledge of local Indian financial reporting and tax compliance requirements.
proficiency in Microsoft office suite (Word, PowerPoint, Excel)
You May Travel:
- Your Life and Career at HBC:
- Be part of a world-class team; work with an adventurous spirit;
think and act like an owner-operator!
- Exposure to rewarding career advancement opportunities, from IT to
Human Resources, Merchandising to Finance.
- A culture that promotes a healthy, fulfilling work/life balance