Assistant Manager - Direct Tax

Tax Accounting

• Detailed review and GL account reconciliation of current and deferred tax on a quarterly basis, with explanations and corrective action taken for any discrepancies.
• Posting the quarterly current and deferred tax accounting entries
• Working closely with the Finance team to advise on the correct accounting treatment of tax cash (payments and refunds)
• Quarterly calculation of deferred tax adjustments ie deferred tax on intangible fixed assets
• Review of withholding tax accounting, and quarterly reconciliation of withholding tax GL accounts
• Liaising with overseas tax accountants as required to confirm local accounting treatment versus IFRS and other matters required to understand the regional tax accounting entries
• Track, review and update the treatment of deferred tax on losses at the end of each quarter
  

Tax Compliance

• Ensure that tax returns as completed by external advisors are filed with the tax authorities on time in each jurisdiction
• Maintain control of the tax compliance tracker and highlight in advance when returns are coming due
• Ensuring that tax payments are made in accordance with payment deadlines
• Handling of finalization of income tax-returns.
• Filing of income tax forms (quarterly/ half yearly/ annual)
• Data preparation & completion of Tax Audit, Transfer Pricing Audit.
• Handling tax assessments and litigation before appellate authorities
• Advisory and planning over tax structures and evaluating the taxability for the structures
• Preparation and submission of data for Assessment.
• Proactively identify the process automation and improvement opportunities.
• Knowledge of certification work in respect of filing of forms 15CB, form 15CA, form 3CD, form 3CEB.
  

Half Yearly & Annual Reporting

• Review the group tax model to ensure that the calculation of the year-end current and deferred tax position is correct in readiness for the year-end Audit
• Liaise with the external consultants to provide data and clarify and resolve any matters that may arise regarding the model to ensure the integrity of the calculations
• Prepare the current and deferred tax disclosures for the Annual Report using the Group tax model outputs
• Provide the year-end accounting journals to the Group Accounting team by legal entity for both current and deferred tax
• Assist internal and external auditors with tax audit requests
  

Transfer Pricing

• Other ad hoc tasks as CA with 2-3 years of progressive experience in a tax accounting role
• Excellent understanding of corporate tax accounting
• Experience and understanding of accounting for deferred tax
• Experience working in a global company
• Excellent analytical and numerical skills
• Excellent written, oral and electronic communication skills
• Strong excel skills (e.g. V-Lookup, Pivot Tables, Sum if, etc.)