Finance Associate Manager - Tax Compliance

Role Purpose

Provide strategic analysis of the transactions, processes, policies, systems and documentation related to taxation particularly on matters of compliance, reporting, BIR registration, and securing BIR permits and tax clearances. The role also formulates favorable arguments, justifications, and determines all applicable supporting documentation in defense of the client on BIR tax findings and exposures. The role also determines the strategic steps to take to protest BIR assessments and secure favorable BIR rulings which includes the preparation of the draft protest related critical schedules and reconciliations, and other pieces of evidence in support of the client’s position. It also includes the implementation of the project and the coordination and accomplishment of required tasks with the different business units of the clients and their respective eternal auditors and lawyers

Job Description

Full Role Profile

Tax Reporting/Compliance Review
Performs in-depth diagnostic evaluation of the Company’s tax position, practices, and procedures to determine compliance with Philippine tax laws and regulations including the identification of potential tax exposures and recommend or mandate immediate corrective action.
Performs strategic review of the clients’ tax returns to determine completeness, compliance with current regulations, alignment and reconciliation with the amounts reflected in the books of accounts and Audited Financial Statements to minimize tax exposures and maximize financial benefits of transactions contracted by the clients. 
Manages tax queries from the external auditors and the tax authorities that could expose the client to the imposition of penalties and interests on its compliance reporting. 
Strategically conducts spot examinations of the processes, practices, policies and systems of the clients to verify regular compliance with tax regulations and recommend the implementation of critical remedial measures to minimize tax exposures which lead to cash erosion for the clients.
Conducts critical review of returns filed by the Clients to determine the status of compliance and issue the corresponding reports to the client to advice on the process/compliance weaknesses for the client’s appropriate action and correction.
 
BIR Tax Investigation
Perform essential review and evaluation of the validity of tax assessments, available supporting evidence on client compliance and perform analyses of current compliance practices to contest or disprove the validity of the assessments made non-compliance findings.  
Represent the Company in meetings and discussions with the BIR examiners to disprove allegations of non-compliance and the imposition of penalties. 

Tax Advocacy/Controversy Work
Prevent, manage, and resolve tax audits, controversies and disputes arising from tax assessments involving both national and local taxes through technical understanding, local knowledge and strong relationships with government officials.  
Develop strategic and coordinated approaches to tax examination/audit and disputes, adopt preventive measures (such as pre-filing/approval of application for rulings and enhanced relationships with certain revenue authorities), and leverage both traditional and new alternative dispute resolution techniques.

Computation of Tax Provision
Review, analyze and verify tax reports, schedules and computations used in the accomplishment of the different tax returns and compliance reporting. 
Ensure the adequacy of tax provisions for financial reporting purposes;  
Preparation of the necessary documents, schedules and computations supporting monthly income tax provisioning in compliance with internal and accounting standards implemented by the Company.

Education

Certifications

Relevant Industries