Taguig, PH
33 days ago
Tax Specialist

 

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Reporting to: Tax & Customs Manager

Duty Post: Taguig City

Application Duration: This job posting will remain open until the vacancy is filled. 

 

Tax Specialist

This role is responsible for ensuring tax compliance by educating and advising the Factory, meeting external tax obligations, managing local government audits, and handling permits. It also involves delivering timely internal tax reports, completing documentation for audits and refunds, and securing any tax refunds.

 

As the Tax Specialist in the area of Global Tax, you will: 

 

Tax Compliance

Obtain a full understanding of the National Internal Revenue Code Local Government Code and other related regulations. Obtain regular tax updates and assist in assessing and communicating the impact to entities in a timely manner.

Partner with various stakeholders to assist Tax Lead in driving compliance with all tax and related regulatory requirements in a timely and accurate manner.

Engage with key stakeholders to assist the Tax Lead to train, orient, or educate on relevant tax compliance requirements by conducting tax trainings or education sessions.

Partner with relevant stakeholders to provide sound advice and guidance on the tax impact and acceptability of business projects, seeking guidance from higher tax management if necessary.

Lead in discussions with external consultants on relevant tax matters.

Partner with Tax Lead in developing a high tax compliance culture and improving overall tax health to achieve audit-ready status at all times including assistance in establishing operations manuals, policies and procedures, and internal controls.

Tax Accounting & Reporting (Internal and External)

Timely and accurately satisfy the entity tax remittance, compliance and reporting obligations with the Bureau of Internal Revenue (BIR) and other relevant agencies such as filing and payment of returns on Monthly & Quarterly VAT, Quarterly and Annual Corporate Income Tax, Monthly & Annual Withholding tax on compensation, Monthly and Annual Expanded and Final Withholding Taxes, Quarterly Fringe Benefit Tax, Excise Tax, Royalty Tax and PDP disclosures, Annual book and invoicing registrations (Computerized Accounting System or "CAS"), Real Property Tax, Local Business and Transfer Taxes/permits/registrations/renewals and other additional reporting that may be required.

Deliver quality, timely, and accurate internal tax reporting requirements (e.g., Tax Pack, Tax accounts accounting, reconciliation and forecasts, JCFC and Entity Compliance Reporting)

Ensure all tax accounts are clean and reconciled at all times.

Collaborate with relevant functions to support the Tax Lead in performing the necessary financial analysis and simulations required for any tax risk or impact awareness.

Support Tax Lead in the review of contracts to anticipate tax risks and appropriately manage and communicate financial impact.

Tax Audits, Litigation, Refunds,s and Health Checks

Complete the necessary documentation and reconciliation in a timely and accurate manner to aid in the closure of tax audits

Execute tax health check activities, JSOX, and internal audits by providing the necessary documentation and reconciliation in a timely and accurate manner

Partner with Tax Lead in monitoring tax issues and handling assessments from local government units in collaboration with various functions

Partner with Tax Lead in obtaining tax refunds by filing the relevant application and providing the necessary documentation/reconciliation in the prescribed format and in a timely and accurate manner, engaging tax consultants if necessary.

System and process improvement

Identify system or business process control gaps or inefficiencies and implement improvements via cross-functional collaboration to ensure tax compliance.

Represent Tax in the implementation of process changes where inefficient manual processes are identified. Work with IT to ensure necessary reports from the local sales system are in place for all the areas under the incumbent's responsibility.

 Ensure correct tax codes for sales and purchases are maintained in the system to ensure correct tax reporting.

Other

Partner with Tax Lead in the finalization of engagement contracts with tax consultants including PR/PO and GR/IR creation;

Manage various tasks and projects as they arise and upon the manager’s request.

 

Requirements: 

 

University degree in Finance, Accounting, Economics, or its equivalent with CPA certification.

At least 4 years experience in the Tax area preferably with Big 4 Firms or Multinational FMCG

Fluency in English and Tagalog

Functional skills:

Sound business acumen, including an understanding of tax and other related regulations and related tax accounting.

Good communication, negotiation, and collaboration skills.

High level of accuracy and attention to detail.  Has the ability to connect the dots.

Must be flexible, proactive, highly organized, able to adapt to the dynamic market environment, make difficult decisions, and have good problem-solving skills.

Able to manage deadlines under tight time pressure.

Proficient in MS Office, mainly Excel (Functions / Formula), Word, and PowerPoint.

Good understanding of integrated systems (e.g. ERP) and BIR systems.

SAP knowledge is an advantage.

 

 

Are you ready to join us? Build your success story at JTI. Apply now!

Next Steps:

 

After applying, if selected, please anticipate the following within 1-3 weeks of the job posting closure: Phone screening with TA > Assessment tests > Interviews > Offer. Each step is eliminatory and may vary by role type.

 

At JTI, we strive to create a diverse and inclusive work environment. As an equal-opportunity employer, we welcome applicants from all backgrounds. We are committed to providing reasonable adjustments to applicants with special needs. If you require any accommodations, please let the Talent Advisor know during the selection process.

 

 

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