Associate - Tax - Corporate Tax FS

Line of Service Tax

Industry/Sector FS X-Sector

Specialism General Tax Consulting

Management Level Associate

Job Description & Summary

A career in our Financial Services Tax practice, within Corporate Tax services, will provide you with the opportunity to help our clients meet their tax obligations while managing the impact tax has on their business. You’ll advise clients on their local and overseas tax affairs, while acting as a strategic consultant related to business analysis, managing working capital, and profit sharing for partners. You’ll also help organisations understand the pricing implications of goods and services between related parties, as well as providing advice on tax implications of deals.

Our team helps our Financial Services clients navigate the frequently changing and complex national and international tax environment related to stringent capital requirements, management of operational tax risks, and tax implications of investing in different jurisdictions. You’ll help our clients with their tax structuring while helping to address the challenges of the continuously changing tax world, both locally and globally.

Pre Engagement

• Preparing proposal and independence clearance/ risk management procedures, i.e.:
  • Preparing a new client acceptance form (if it is a new client).
  • Filling out assignment acceptance form.
  • Preparing Relationship Checking (if needed);
  • Checking in the independence list whether the new client is a restricted/ SE restricted client.
  • Preparing Authorization for Services (AFS) to get approval for performing services (if the new client is a restricted/ SE restricted client).
  • Consulting with Risk Management (if needed).
• Revising the proposal and independence clearance after it has been reviewed by the superior.
• Following up the work to the superior (be aware with the status of the proposal and independence clearance).
• Liaising with their superior to ensure the proposal is sent to client after getting AFS approval.

Engagement

• Communicating with client regarding the completion of the data or documents requested and remind client about the deadline to settle or submit the payments, tax return, and objection/ appeal/ judicial review letter.
• Following up the progress of the case to the tax officer (if it is allowed by their superior) and inform the status of the case to their superior.
• Organizing documents properly before it is submitted to the tax office/ tax court/ supreme court.
• Liaising with their superior to ensure that the documents requested by the tax officer/judges submitted on time.
• Going to tax office/ tax court to submit the documents.
• Preparing tax calculation, tax return, reconciliation/ data recapitulation/ working papers, and letters, i.e.:
• Letter/ memo covering major technical positions of tax return.
• Objection/ appeal/ judicial review letter (requested by the senior).
• Response letter.
• Letter to request refund (if the tax audit/ objection/ appeal/ judicial review result is showing the tax overpayment position).
• Researching regulation.
• Reviewing data provided by the client.
• Reporting the progress of their work to the senior continuously and discussing it with the senior if there are unclear matters or issues arisen during the assignment.
• Revising the assignment after it has been reviewed by the senior (e.g. tax calculation, tax return, and working paper) or if it is requested by the senior (e.g. tax advice and draft report).
• Liaising with the seniors to ensure that the final tax calculation, final tax return, and the letter have been sent to client.
• Attending meeting with the client or the tax officer (if needed).
• Attending tax hearing session/ tax reconciliation (if needed).
• Preparing minutes of meeting.
• Filing the documents and correspondences properly.

Post Engagement

• Filing all the documents related the assignment in green file properly.
• Asking the senior to review the documents filed.
• Re-arranging the organization of documents after it has been reviewed by their superior.
• Storing the documents to filling room after getting approval from partner and manager in charge (Please bear in mind that the documents should be filed and stored to the filing room once the assignment is completed).

Education

Degrees/Field of Study required: Bachelor Degree - Accounting, Bachelor Degree - Taxation

Certifications

Required Skills

Optional Skills

Desired Languages

Travel Requirements Up to 20%

Available for Work Visa Sponsorship? No

Government Clearance Required? No

Job Posting End Date