Manager, Tax Reporting

FWD Insurance; Kuala Lumpur; On-site; MYR 180,000 - 260,000; Full time

Job summary

FWD Insurance in Kuala Lumpur seeks a seasoned Tax Lead to oversee local tax reporting, regulatory compliance and IFRS17 ledger accuracy. You will coordinate annual tax computations, support audits, and drive governance improvements within the Group Tax framework.

The role requires a Bachelor’s degree in Finance/Accounting, 10+ years in insurance or tax advisory, and strong communication skills to liaise with stakeholders and auditors.

Qualifications

• Bachelor's degree in Finance/Accounting or equivalent required.
• Minimum 10 years of related experience in insurance/takaful or tax advisory/big four.
• Strong knowledge of tax regulations and reporting processes.

Responsibilities

• Lead local statutory and tax reporting and respond to stakeholder queries.
• Coordinate annual tax computation for Hold Co and subsidiaries.
• Support annual audits by internal and external auditors.
• Ensure GL reconciliation for tax and indirect tax accuracy.
• Drive process improvements in tax reporting and governance.

Skills

Tax reporting

Ledger reconciliation

Audit coordination

Communication

Education

Bachelor's degree in Finance/Accounting

CITM qualification

Tools

Microsoft Excel

IFRS17 systems

Job description

About FWD Group

FWD Group (1828.HK) is a pan-Asian life and health insurance business that serves over 40 million customers across 10 markets, including BRI Life in Indonesia. FWD’s customer-led and tech-enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience. Established in 2013, the company operates in some of the fastest-growing insurance markets in the world with a vision of changing the way people feel about insurance. FWD Group is listed on the Hong Kong Stock Exchange under the stock code 1828. For more information, please visit www.fwd.com

About FWD Takaful Berhad

FWD Takaful Berhad (“FWD Takaful”) is a takaful provider in Malaysia that offers family takaful services. FWD Takaful is licensed under the Islamic Financial Services Act 2013 and is regulated by Bank Negara Malaysia. FWD Takaful is a takaful business unit of FWD Group.

Visit https://www.fwd.com.my

Join us

We’re proud to be a company that encourages and nurtures fearless innovation in achieving our vision of changing the way people feel about takaful. Our teams come from a wide variety of industries and backgrounds because we value developing a truly diverse pool of talent that brings different perspectives and experiences. Our values – committed, innovative, proactive, open, and caring – define who we are and what we do as we work together to bring our vision to life, every single day.

KEY ACCOUNTABILITIES

• Key reviewer for local statutory, regulatory tax reporting on monthly, quarterly and yearly basis. Handle any queries from stakeholders related to indirect tax and company tax.
• Facilitator for yearly tax computation for Hold Co and its subsidiary companies.
• Key liaison to support the annual audit by both internal and external auditors
• Ensure Sub-Ledger (SL) General Ledger (GL) reconciliation relate to both tax and indirect taxes are performed to substantiate the balances in financial book.
• Supervise and support the local month end closing to ensure accuracy of the financial data.
• Continuous improvement to monitor the tax reporting in both local and IFRS17 ledger.
• Manage and coordinate queries requested by internal or external stakeholders if there are tax related issues.
• Involve in UAT and any tax initiative rolls out by Group Tax.
• As key person to ensure the tax reporting, reconciliation processes and procedures are documented and maintained in SOPs with control and proper governance.
• As a tax lead for the E-invoicing, SST expansion, Global minimum tax reporting, governance tax framework to ensure the company is comply to all the regulatory requirements predefined by local RMCD and IRB.
• To participate in any assigned task by the direct superior.

QUALIFICATIONS / EXPERIENCE

• Bachelor of degree or equivalent, in Finance/ accounting, with CITM qualification.
• At least 10 years working experience in related field preferably with insurance/takaful or any tax advisory / big four consultant firm.

KNOWLEDGE & TECHNICAL SKILLS

• Independent, committed, proactive, always doing the right things attitude
• Excellent written and verbal communication skills and ability to perform working under pressure
• Excellent Microsoft Office applications (Excel, Word, Power Point)
• Ability to define, prioritize and execute process in a structured manner
• Possess great leadership skills to build and maintain a strong and collaborative team of individuals working toward the same goal
• Desirable experience: Tax reporting in Insurance / Takaful or other financial institution.