Full Time Tax Manager Jobs, in Bank Of China (Malaysia) Berhad Federal Territory - Maukerja

The ideal candidate will be responsible for overseeing all tax related decisions and activities in the organization. You will help us stay tax-compliant and up-to-date on new tax laws.

1. Corporate Tax Compliance

• oversee the Bank's corporate income tax compliance and reporting requirements.
• Review tax computations, tax returns, tax estimates and related statutory submissions.
• Ensure timely submission of tax returns, estimates and payments in accordance with applicable statutory deadlines.
• Review tax provisions, current tax and deferred tax balances in coordination with the Reporting team.
• Monitor tax balances and tax-related general ledger accounts and ensure appropriate reconciliation.
• Coordinate with external tax agents to ensure quality, accuracy and timely completion of tax compliance work.

2. Transfer Pricing

• Oversee the Bank's transfer pricing compliance and governance requirements.
• Coordinate preparation and review of transfer pricing documentation.
• Review related-party transactions and assess transfer pricing implications.
• Work closely with Reporting team and relevant business units to ensure intercompany transactions are appropriately documented and supported.
• Monitor developments in Malaysian transfer pricing legislation and IRBM guidelines and assess their impact on the Bank.

3. e-Invoice Data Quality & Control

• Establish minimum data-quality standards for e-Invoice submission.
• Define ownership of e-Invoice data across relevant departments.
• Perform periodic sample checks on e-Invoice transactions.
• Analyse root causes of recurring data-input errors.
• Work with process owners to implement corrective and preventive actions.
• Maintain an e-Invoice issue log and monitor outstanding exceptions.
• Ensure that tax-sensitive master data is appropriately reviewed and controlled.
• Maintain an appropriate audit trail for amendments to e-Invoice-related data.

4. Indirect Tax & Withholding Tax

• Oversee applicable Service Tax (SST), withholding tax and other indirect tax matters.
• Ensure appropriate tax treatment is applied to payments to local and overseas vendors, service providers and other counterparties.
• Review withholding tax obligations on cross-border transactions.
• Provide guidance to business units on tax implications arising from contracts and commercial arrangements.
• Work with relevant departments to strengthen indirect tax controls and processes.

5. Tax Governance & Internal Controls

• Establish and maintain appropriate tax policies, procedures, SOPs and internal controls.
• Conduct periodic tax risk assessments and identify areas requiring management attention.
• Ensure appropriate documentation and audit trails are maintained for significant tax positions.

6. Tax Accounting & Financial Reporting

• Work closely with Reporting teams on tax-related accounting matters.
• Review current tax and deferred tax calculations and disclosures.
• Support the preparation of annual and interim financial statements in relation to tax matters.
• Liaise with external auditors on tax accounting, tax provisions and significant tax judgements.
• Ensure tax-related financial reporting is accurate and properly supported.

7. Tax Legislative Monitoring & Business Support

• Monitor changes to Malaysian tax legislation, IRBM guidelines, tax rulings and other relevant regulatory developments.
• Assess the potential impact of new tax requirements on the Bank.
• Coordinate implementation of new tax requirements across relevant business functions
• Provide practical tax advice to management and business units on new products, transactions, contracts, investments and business initiatives.
• Assess the tax implications of proposed business arrangements, restructuring, financing and other commercial transactions.
• Review significant agreements and contracts from a Malaysian tax perspective.

Qualifications

• Bachelor's degree or equivalent experience in Accounting or Finance
• Minimum 8+ years' of experience of professional tax experience
• Strong communication and analytical skills