Assistant Vice President – Tax

alrajhi bank Malaysia; Kuala Lumpur; Presencial; MYR 180.000 - 280.000; Jornada completa

Descripción de la vacante

Al Rajhi Bank Malaysia is seeking a senior tax professional to manage tax compliance, reporting, and tax accounting for the bank, ensuring accuracy and timeliness.

You will provide tax advisory support on operations, coordinate with internal teams and external advisors, and lead transfer pricing and governance improvements. With 8+ years in corporate taxation and deep Malaysian tax knowledge, you will help safeguard the bank's reputation while enabling efficient business decisions.

Formación

• Bachelor's Degree in Accounting, Finance, Taxation, Law, or related field.
• Professional certification or active membership with MICPA, ACCA, CPA Australia, ICAEW, CTIM.
• At least 8 years' experience in corporate taxation, tax advisory, or tax compliance.
• Experience in Financial Services industry, especially Islamic Banking & Finance.
• Big 4 experience focusing on Financial Services Tax; in-house banking tax experience advantageous.
• Deep knowledge of Malaysian tax acts (Income Tax Act 1967, Stamp Act 1949, Service Tax Act 2018, Real Property Gains Tax Act 1976).
• Understanding of tax treatment, tax neutrality, and exemptions for Islamic banking contracts and Sukuk investments.
• Expertise in tax accounting, deferred tax, and tax provisioning for banking FS.
• Knowledge of Malaysian Transfer Pricing guidelines and arm's-length principles for related-party transactions.
• Experience managing LHDN/JKDM audits, field checks, and rulings.
• Excellent communication with business leaders; ability to balance regulatory requirements with business goals.
• Ability to manage multiple statutory deadlines and lead tax process improvements.

Responsabilidades

• Manage and review corporate income tax computations, estimates, instalments, returns and submissions.
• Oversee direct and indirect tax compliance including corporate income tax, service tax, withholding tax, stamp duty and other taxes.
• Ensure filings and payments are accurate and timely.
• Review current and deferred tax calculations, tax provisions and reconciliations for financial reporting.
• Maintain complete tax records and documentation.
• Advise on tax implications of products, financing, treasury, contracts and transactions.
• Coordinate with departments to obtain information for tax assessment, reporting and submissions.
• Oversee transfer pricing documentation for related-party transactions.

Conocimientos

8+ yrs tax exp

Malaysian tax acts

Islamic Banking tax

Big4 + banking tax

Communication skills

Deadline management

Educación

Bachelor's in Accounting/Finance/Tax/Law

Professional certifications (MICPA/ACCA/CPA/ICAEW/CTIM)

Descripción del empleo

This role is responsible in managing the Bank’s tax compliance, reporting and tax accounting matters accurately and within the applicable statutory and reporting timelines. Also, to provide tax advisory support on the Bank’s operations and transactions, maintain effective tax governance and controls, and manage tax-related matters with internal and external stakeholders.

What you will do:

• Manage and review corporate income tax computations, tax estimates, instalment payments, returns and other required submissions.
• Oversee the Bank’s direct and indirect tax compliance obligations, including corporate income tax, service tax, withholding tax, stamp duty and other applicable taxes.
• Ensure tax filings, payments and supporting schedules are accurate and completed within the applicable timelines.
• Review current and deferred tax calculations, tax provisions, reconciliations and information required for financial reporting.
• Maintain complete and proper tax records and supporting documentation.
• Review and advise on the tax implications of the Bank’s products, financing arrangements, treasury activities, contracts and other transactions.
• Provide timely and practical tax advice to relevant stakeholders based on applicable tax requirements and supporting information.
• Coordinate with relevant departments to obtain and validate information required for tax assessment, reporting and submissions.
• Oversee transfer pricing matters and related documentation for the Bank’s related-party transactions, in accordance with applicable requirements.
• Maintain and enhance tax procedures, controls, governance arrangements and documentation.
• Identify, assess and elevate material tax issues, exposures, uncertainties or non- compliance matters to the appropriate level of management.
• Monitor relevant changes in tax laws, regulations and guidelines, assess their impact on the Bank and coordinate the implementation of required changes.
• Manage responses to queries, audits, reviews and information requests from the Inland Revenue Board of Malaysia, Royal Malaysian Customs Department, external auditors and tax advisers.
• Review and coordinate supporting information, technical positions and responses before submission or escalation.
• Manage outstanding tax matters and agreed actions with relevant stakeholders through to resolution.
• Lead or participate in tax-related projects, process improvements and other ad-hoc assignments as required by management.
• Ensure timely and accurate response to tax-related requests from management and relevant stakeholders.
• The duties and responsibilities outlined above may evolve over time without altering the overall nature or seniority of the role.
• The job holder may also be required to undertake other responsibilities as assigned by the Immediate Leader or Head of Division consistent with the role's scope and level of authority.

Skills and experience you possess:

• Bachelor's Degree in Accounting, Finance, Taxation, Law, or a related field.
• Professional certification or active membership with recognized professional bodies such as MICPA, ACCA, CPA Australia, ICAEW, or the Chartered Tax Institute of Malaysia (CTIM).
• At least 8 years' experience in corporate taxation, tax advisory, or tax compliance.
• Proven experience operating within the Financial Services industry, particularly in Islamic Banking & Finance.
• Experience working in a Big 4 accounting firm (focusing on Financial Services Tax) combined with in-house banking tax experience is highly advantageous.
• Deep knowledge of Malaysian tax acts (Income Tax Act 1967, Stamp Act 1949, Service Tax Act 2018, Real Property Gains Tax Act 1976).
• Comprehensive understanding of tax treatment, tax neutrality principles, and exemptions governing Islamic banking contracts and Sukuk investments.
• Practical expertise in tax accounting, deferred tax calculations, and tax provisioning for banking financial statements.
• Practical grasp of Malaysian Transfer Pricing guidelines, master/local documentation, and arm’s-length pricing principles for related-party transactions.
• Demonstrated ability to manage LHDN/JKDM tax audits, field checks, and tax rulings effectively.
• Exceptional communication skills with the ability to explain complex tax nuances to business leaders.
• Capability to weigh regulatory compliance against business objectives, offering pragmatic solutions that drive efficiency while protecting the bank's reputation.
• Ability to handle multiple statutory deadlines, support digital transformations, and lead continuous tax process improvements.