Role Purpose
To provide support for relevant tax reporting and returns (i.e. corporate income tax, individual income tax, indirect tax) and liaise with tax authorities on a variety of tax matters and tax accounting so as to ensure that the business is running smoothly and in compliance with the relevant local tax obligations.
Key Accountabilities
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Annual Tax Returns |
Works with accounting firms/tax consultants on the annual preparation and submission of tax returns for the company and close follow-up with the Tax Authority to close the tax years promptly |
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Monthly Tax Provision and Reporting |
Prepares monthly tax provision, estimated chargeable income (ECI) and computation for tax returns within statutory deadline to ensure accurate and timely preparation of monthly, quarterly, and annual tax provision/returns within stipulated timelines Maintain accounting records including data entry of complete and accurate data for day to day business transactions. Assist in the preparation of corporate tax computation schedules, statutory filings and other tax compliance related-tasks |
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Transfer Pricing Documentation |
Prepares supporting documents for Transfer-Pricing (TP) and collaborate with key stakeholders / inter-companies to strengthen TP documentation to ensure proper documentation for transfer pricing arrangements |
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VAT / GST / Sales Tax Compliance |
Reviews VAT / GST / Sales Tax compliance, prepare the consolidated returns for submission to Tax Authority. Lead and support Assisted Compliance Assurance Program (ACAP) audit to ensure business compliance to ACAP and Major Exporter Scheme (MES) in Singapore Region. |
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Tax Incentives |
Manages tax incentives awarded to the Company with close monitoring of the qualifying conditions to ensure the Company fulfill the incentive conditions to reap the tax benefits |
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Work Process Improvements |
Identifies process/control gaps in tax function and recommend feasible improvements to supervisor to streamline process flow and enhance internal controls to achieve operational efficiency |
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Tax Planning |
Involved in the research and draft recommendations on local, regional and international tax matters while supporting the senior leadership in tax matter |
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Team Management |
Train junior tax staff and provide guidance where necessary, conducts internal training for tax concepts to improve work quality as well as ensuring proper knowledge transfer within the team |
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Withholding Tax (WHT) filing requirement |
Assist in Withholding Tax (WHT) filing requirement and tax audit requirements to ensure compliance and readiness of tax reporting |
Qualifications
- Degree / Master in Accounting & Finance
- Tax Certificates
Competencies
Technical:
- 7-15 Years Working Experience
- Microsoft (Excel / Wors / PowerPoint / Power BI etc.)
- ERP experience, SAP preferred
- Industry knowledge & Regional Exposure in previous roles
