Senior Executive, Tax & Special Projects

MBSB Bank Berhad; Petaling Jaya; On-site; MYR 65,000 - 90,000; Full time

Job summary

MBSB Bank Berhad seeks a Senior Executive, Tax & Special Projects to assist the Group Head in managing tax compliance, reporting and advisory activities under Malaysian law. The role covers computations, returns, indirect taxes, provisions and statutory filings across the Group.

You will also support tax planning, transfer pricing, Zakat administration, plus other strategic projects, collaborating with internal stakeholders and external advisors to ensure governance and accuracy.

Qualifications

• Bachelor’s Degree in Accounting, Finance, Taxation or related discipline.
• Professional tax qualification or membership with a recognised tax body would be an added advantage.
• Minimum 2 to 3 years of relevant experience in taxation, finance or accounting.
• Experience in banking or financial services would be an added advantage.

Responsibilities

• Prepare accurate tax returns and related filings for submission to the Inland Revenue Board and RMCD.
• Prepare operating expenditure and capital expenditure schedules for MBSB Berhad and its subsidiaries.
• Prepare quarterly current tax and deferred tax computations for the Group.
• Prepare and process monthly tax payments to the relevant tax authorities.
• Prepare and submit CP204 tax estimates and CP58 declarations.
• Support compliance with withholding tax requirements and submissions.
• Review Service Tax computations and ensure timely bi-monthly submissions.
• Monitor and facilitate recovery of excess tax payments and tax refunds.

Skills

Analytical skills

Communication

Stakeholder management

Problem solving

Education

Bachelor’s Degree in Accounting/Finance/Taxation

Professional tax qualification / membership (ACCA, CPA, MICPA, CTIM)

Job description

The Senior Executive, Tax & Special Projects supports the Group Head, Tax & Special Projects in managing the Group’s tax compliance, reporting and advisory activities in accordance with applicable Malaysian tax laws, regulatory requirements and governance standards.

The role is responsible for preparing and reviewing tax computations, tax returns, indirect tax submissions, tax provisions and statutory filings. It will also support tax planning, transfer pricing, Zakat administration and other strategic projects across the Group.

Key Responsibilities

Taxation

• Prepare accurate tax returns and related filings for submission to the Inland Revenue Board and Royal Malaysian Customs Department.
• Prepare operating expenditure and capital expenditure schedules for MBSB Berhad and its subsidiaries.
• Prepare quarterly current tax and deferred tax computations for the Group.
• Prepare and process monthly tax payments to the relevant tax authorities.
• Prepare and submit CP204 tax estimates and CP58 declarations.
• Support compliance with withholding tax requirements and submissions.
• Review Service Tax computations and ensure timely bi-monthly submissions.
• Monitor and facilitate the recovery of excess tax payments and tax refunds.
• Prepare tax estimates and forecasts to support effective cash-flow management.
• Liaise with tax agents, external auditors and internal stakeholders on tax-related matters.
• Support tax planning and optimisation initiatives, including capital allowance maximisation exercises.
• Prepare quarterly and annual Zakat computations for the Group.
• Prepare and submit annual Zakat calculations and supporting documentation to Pusat Pungutan Zakat.
• Liaise with relevant religious authorities and stakeholders on Zakat submissions, payments, reconciliations, compliance requirements and queries.
• Prepare papers for submission to the Shariah Committee, Audit Committees and Board of Directors.
• Collaborate with the Shariah Division on Zakat contributions, governance and related matters.
• Monitor the Group’s Zakat bank accounts to ensure proper compliance and governance.
• Support the review and improvement of the Group’s Zakat policies, procedures and governance framework.

Tax Compliance Reporting and Special Projects

• Coordinate annual transfer pricing calculations and liaise with external consultants on the preparation and finalisation of Transfer Pricing Documentation.
• Support strategic initiatives involving SST, transfer pricing and e-Invoicing implementation.
• Prepare Country-by-Country Reporting submissions and coordinate responses to related stakeholder queries.
• Support tax planning, financial reporting, regulatory and corporate projects assigned by Management.

Requirements

• Bachelor’s Degree in Accounting, Finance, Taxation or a related discipline, or a relevant professional qualification such as ACCA, CPA, MICPA, CTIM or equivalent.
• Professional tax qualification or membership with a recognised tax body would be an added advantage.
• Minimum 2 to 3 years of relevant experience in taxation, finance or accounting.
• Experience with a Big Four accounting firm and/or tax firm would be an advantage.
• Practical experience in corporate tax compliance, tax computations, tax estimates, deferred tax calculations and tax reporting.
• Strong understanding of Malaysian tax regulations, including Income Tax, Real Property Gains Tax, Withholding Tax, SST and Transfer Pricing requirements.
• Experience dealing with tax authorities, external auditors, tax agents and regulatory bodies.
• Exposure to transfer pricing and tax planning initiatives is preferred.
• Experience in banking or financial services would be an added advantage.
• Experience in Zakat computation and administration would be beneficial.
• Strong analytical, communication, stakeholder-management and problem-solving skills.
• Ability to manage multiple deadlines with accuracy and attention to detail.