21mo ago

Tax Manager

Finance & AccountingTax Specialist

4 views0 saves0 applied

Quick Summary

Key Responsibilities

[Tax management of FBAP Singapore Entity] Prepare for tax computations for FBAP, support the tax compliance, manage tax audit and negotiate with local tax office.

Requirements Summary

[Tax management of FBAP Singapore Entity] Prepare for tax computations for FBAP, support the tax compliance, manage tax audit and negotiate with local tax office.

Technical Tools

Finance & AccountingTax Specialist

Represent FBAP legal entity in various tax activities, including income tax compliance, GST filing, TP documentation, and other various tax related projects, ACAP, TGF, CTRM, BEPS etc.
Guide overseas subsidiaries to comply with group tax reporting requirements.

Responsibilities

~1 min read

Prepare for tax computations for FBAP, support the tax compliance, manage tax audit and negotiate with local tax office.
Prepare for deferred tax computations for FBAP.
Prepare for quarterly closing reports to meet group consolidation requirements.
Provide advice and solutions for transfer pricing issues, including preparation of transfer pricing documentation.
Lead countermeasures for transfer price tax audit conducted by IRAS.
Lead tax management and process improvement.
Provide advice on tax matters relating to operations as well as tax impact on business changes.
Support tax aspects in the merger and acquisition projects, and design tax optimized structures.
Proactively identify areas of taxation risks or opportunities for reduction of taxation costs and implement legally compliant solutions for identified issues.
Design tax strategy to take advantage of preferential taxation.
Lead close communication with the tax authority and tax consultants.
Prepare/review for quarterly GST filing with working with accounting team.
Lead ACAP implementation to FBAP GST group.
Prepare/review for withholding tax filing with working with accounting team.
Lead TGF implementation to FBAP (including FBAP GST group).
Lead CTRM implementation to FBAP.
Lead internal process reestablishment compliance with BEPS, and working with Corporate

Review tax reporting of overseas subsidiaries to be in line with group requirements.
Prepare for quarterly closing instructions for overseas subsidiaries.
Review corporate tax submission from overseas subsidiaries to ensure compliance.
Provide advice on VAT, WHT, Corporate Income and other taxation issues of overseas subsidiaries.
Monitor changes in tax related regulations in the Region, analyse impact to our operations, and explore solutions to minimize impact and maximize the benefits
Lead / support to set / renew APA (advance pricing agreement) scheme in the Region
Set and review recharge scheme across the Region.
Review computation of subsidiaries deferred tax.
Review TP risks of the Region and evaluate countermeasures to mitigate risks.
Review tax risk and implication in major business projects.

More than 6 years related knowledge and experience in local and regional tax issues in Big 4 and /or MNC (MNC Mandatory)
Finance or Accounting Degree, or Professional Accounting Qualification
Ideally from Transfer Pricing Division in IRAS
Experience in handling tax issues including Corporate Income Tax, Transfer Pricing and Indirect Tax
Understanding in business structures (details of revenue / cost structure)
Self-starter and able to work independently as well as in teams of high professional and ethical standard
Strong analytical and problem-solving skills
Strong command of written and spoken English
Ability to handle stress in a rapidly changing environment
Strong leadership and sense of ownership
Process Improvement Implementation
Process and personal productivity skills