Accountant, Tax

KEY OBJECTIVES

• Responsible for ensuring compliance with Inland Revenue regulations and other tax-related regulations, including but not limited to tax filings until the final tax true-up.
• Maintain monthly records of tax movements (current and deferred tax).

PRINCIPAL ACCOUNTABILITIES

• Compile information and prepare tax computations for the yearly submission of Petroleum and Corporate Income Tax returns for all entities.
• Prepare tax true-up analysis after the submission of tax returns.
• Prepare revisions for the 6th and 9th months for Petroleum and Corporate Income Tax Instalment Plans.
• Ensure timely payment of monthly tax installments.
• Prepare monthly current and deferred tax accruals for Petroleum tax provisions and perform monthly reconciliations.
• Prepare returns for applicable Indirect Taxes, such as Sales and Service Tax and Sarawak Sales Tax.
• Liaise with Tax Authorities on tax audits and ensure audits are finalized within stipulated timeframes.
• Conduct tax research to develop an understanding of tax implications from various tax rulings.
• Assist in other tax and accounting-related matters as required by the Finance Manager or Home Office.

QUALIFICATIONS AND EXPERIENCE

• Recognized Degree in Accounting or professional qualification in accounting.
• Knowledge of preparing tax computations for the oil and gas industry.
• Familiarity with Petroleum and Corporate Income Tax Acts.
• Ability to work independently and meet deadlines with accurate information.
• Minimum of 5 years relevant working experience.
• Knowledge of SAP accounting systems is an advantage.
• Experience in the oil and gas industry is preferred.