Tax Loss and Credit Remediation Director

The mandate

The interim Director will reconstruct and control the legal and accounting record for tax losses, credits and related limitation attributes. The immediate gap is uncertainty about population, expiry, ownership, utilisation and restrictions across filings and tax accounts. The leader must start within three weeks, protect near-term rights and leave a permanent owner with evidence that can sustain recognition and use.

The first twenty working days will reconcile attribute schedules to returns, assessments, entity events, accounting balances and authority evidence. Items will be classified by legal availability, character, expiry, utilisation restriction, accounting recognition and action required. Nominal amounts without a verified legal basis will not enter planning or decision papers.

Temporary authority covers reconciliation standards, evidence requests, remediation priority, routine corrections within delegation and escalation of elections or material accounting change. Return signature, amended filing, transaction implementation and reserved recognition decisions remain elsewhere. Broad legal-entity restructuring and unrelated compliance recovery are excluded.

Handover requires the nominated successor to lead one attribute review and one utilisation decision under observation. Exit depends on a reconciled register, protected deadlines, approved adjustments, controlled source evidence, recognition bridges and explicit ownership of disputed or blocked items. An extension cannot be used to pursue speculative value unsupported by facts.

What you will own

• Reconcile losses, credits and limitation attributes to returns, authority records, ownership events and tax-accounting balances.
• Establish legal status, character, expiry, carry rules, restrictions, supporting evidence and authorised owner for each material item.
• Identify duplicate, expired, unsupported or inaccessible balances before they enter forecasts, recognition models or transactions.
• Protect elections, amendments or procedural actions whose deadlines affect supportable attribute value.
• Bridge legal availability to deferred-tax recognition and forecast utilisation without treating the measures as interchangeable.
• Require decision papers to state nominal balance, supportable range, preservation cost, uncertainty and available action.
• Train the successor through a complete review and a proposed utilisation requiring both tax and accounting judgment.
• Transfer an accepted register, evidence index, adjustment record, forward calendar and residual-risk ownership.

Candidate qualifications

• At least 15 years in direct-tax compliance or tax accounting, including Director-level remediation of losses or credits.
• A material attribute balance you reduced after reconciling returns, legal restrictions and accounting records.
• Strong understanding of loss and credit character, expiry, ownership limitations, utilisation, filings and deferred-tax recognition.
• Evidence of protecting a time-limited election or amendment without overstating recoverable economic value.
• Experience distinguishing legal availability from accounting recognition and forecast use in governance discussions.
• A case where you stopped speculative attribute recovery because facts or procedural rights could not support it.
• Successful handover through a successor-led review and utilisation decision.

Working terms and boundaries

• Five working days are committed throughout the eight-month recovery; only an uncompleted attribute review led by the successor can justify up to six additional weeks.
• The interim controls evidence and delegated corrections, while returns, transactions and material recognition remain reserved.
• Broad restructuring, unrelated compliance and speculative recovery outside the verified population are excluded.
• Madrid presence is required through reconstruction and the primary review, with travel limited to material evidence custodians.
• Completion requires reconciled attributes, protected rights, successor operation and accepted ownership of disputed or blocked items.

Application

Applications for this mandate are received in one way only: through the India Board Terminal's application process. It is automated end to end. Your Executive Passport travels to the mandate holder in its confidential form, your answers to the three questions below are read before anything else in your file, and every stage that follows is recorded on your applications page.

There is no address to write to and no intermediary to call. The mandate holder reads what the Terminal delivers and nothing else, which is what keeps the process the same for every applicant and keeps your name out of it until you release it. Applications close on 10 October 2026. Mandate reference TAX-INT-2026-MAD-58.