They are responsible for designing, implementing, and maintaining TDS-related functionalities within financial systems. This role ensures accurate tax deduction, compliance with statutory regulations, and seamless integration with accounting and payroll systems.
ResponsibilitiesManagerial Responsibilities
1. Analyze business requirements related to TDS processes and compliance.
2. Configure and customize TDS modules in core banking system.
3. Ensure accurate calculation, deduction, and reporting of TDS across transactions.
4. Collaborate with finance, payroll, and IT teams to align TDS workflows.
5. Support statutory audits and respond to tax-related queries.
6. Monitor changes in tax laws and update system configurations accordingly.
7. Conduct testing and support UAT for TDS functionalities.
8. Provide training and post-implementation support to users.
Functional Responsibilities
1. Understand business processes involving TDS across payroll, vendor payments, and interest payouts.
2. Configure TDS modules in core banking system.
3. Set up deduction rules, thresholds, PAN/TAN validations, and surcharge/cess calculations.
4. Design and execute test cases for TDS deduction, reporting, and filing.
5. Support User Acceptance Testing (UAT) and resolve functional defects.
6. Liaise with finance, payroll, compliance, and IT teams to ensure smooth TDS operations and Act as a bridge between tax consultants and technical developers.
7. Monitor changes in tax laws and update system configurations accordingly and ensure timely implementation of amendments.
8. Assist in tax planning and optimization by structuring transactions to minimize TDS liability within legal bounds
Qualifications:
M.Tech/B.Tech Or Equivalent Bachelors Degree
Experience:
8 to 10 years
Skills Required
- M.Tech/B.Tech or equivalent Bachelor's degree
- 8 to 10 years of experience
What We Do
CSB is a full service bank established in 1920 and headquartered in Thrissur, Kerala. CSB has over 703 branches covering not just the district headquarters and large towns but also semi-urban and rural centers. Thanks to its unique origin and history, CSB is considered a household banking brand in Kerala. CSB offers Retail, Wholesale and SME Banking services through its footprint of over 703 branches across the country serving over 2 million customers.
