Tax Specialist (Lead)

Job Purpose

Manage and perform operational aspects of corporate and indirect tax for assigned CIMB entities within the group with the objectives to maximise tax savings opportunities and contribute to shareholder value while fulfilling regulatory obligations.

Key Responsibilities

1. Review and supervise team members works including but not limited to tax computation and provision, preparation for statutory reporting and filings, payment submission, etc.
2. Prepare, review and manage tax related transactions such as tax estimates, double taxation, withholding tax, deferred tax computations, provision, reconciliation and tax balances.
3. Review the corporate, service tax and other relevant returns/ filings.
4. Advise businesses on corporate and indirect tax for their new business initiatives and strategies.
5. Manage tax queries and audit by/from MOF and relevant statutory and regulatory bodies.
6. Liaise with external tax agents on tax advisory and auditors on their queries.
7. Provide tax updates and training to business and other supporting units.
8. Participate in the planning and implementation tax and non-tax related projects such as GST, service tax, Global Minimum Tax (GMT), etc.
9. Proactively review and provide guidance on internal controls for all aspects of tax including processes, treatments, transactions, etc. to ensure compliance with regulatory, accounting standards and internal policies as well as audit ready.
10. Compile information for EXCO/ Board of Directors updates and other reporting obligations.
11. Keep abreast and analyse the impact of tax legislation changes and industry benchmarking to CIMB group and assigned portfolio.

Job Specification

Qualifications

Bachelor's Degree in Accounting/Finance

Professional Qualification and/or Regulatory, Licensing requirements

CPA/ MICPA/ CPA/ ICAEW/ MIA

Relevant Work Experience

• Minimum 6 to 7 years of experience in corporate tax in large commercial or service-based organisation, financial institution or large public accounting firm
• Experience in handling IRB audit queries
• Solid working knowledge of tax information reporting and withholding rules

Technical/Functional Skills

• Laws/regulations/guidelines/public rulings etc. relating to income tax, stamp duty, RPGT, SST, GST, GMT, etc
• Banking products and services
• Double Taxation and Withholding Tax
• Accounting Standards and IFRS relating to Tax
• Tax related industry benchmarking and comparison
• Business oriented
• Analytical

Non-Technical Skills

• Attention to details and meticulous
• Interpersonal and communication (both verbal and written)
• Ability to articulate complex tax concepts to non-tax business leaders
• Influencing
• Presentation
• Independent
• Coaching