Tax Specialist

AIA Hong Kong; Kuala Lumpur; On-site; MYR 75,000 - 100,000; Full time

Job summary

A leading insurance company in Kuala Lumpur is seeking a Tax Manager to ensure compliance with local tax regulations and optimize tax efficiency. The ideal candidate will have a recognized degree in Accounting and at least 5 years of relevant experience, preferably in the insurance sector. Responsibilities include managing tax reporting, collaborating with various departments, and reviewing tax submissions. Join us to help create a healthier future.

Qualifications

• 5+ years of relevant working experience in tax compliance.
• Experience in the insurance industry is a plus.

Responsibilities

• Manage local and Group tax reporting for compliance.
• Collaborate on tax-related matters with different departments.
• Review tax submissions and provide guidance to colleagues.

Skills

Analytical skills

Problem solving

Interpersonal skills

Communication skills

Education

Degree in Accounting

Professional Accountancy Qualification

Job description

At AIA we’ve started an exciting movement to create a healthier, more sustainable future for everyone.

It’s about finding new ways to not only better people's lives, but to better the communities and environments we live in. Encompassing our ambition of helping a billion people live Healthier, Longer, Better Lives by 2030.

And to get there, we need ambitious people who believe in playing an important part in shaping that future. People seeking unmatched career and personal growth opportunities, who are driven to work with, and learn from some of the most inspiring and supportive leaders in the business.

Sound like you? Then read on.

About the Role

Assist to manage the tax function by ensuring compliance with local tax regulations and optimize tax efficiency covering direct and indirect tax by liaising closely with tax outsourced partners and external tax consultants.

Roles and Responsibilities

1. Direct Tax

• Manage local tax reporting to ensure compliance with local statutory requirements. The tax reporting includes review of current tax and deferred tax computation, tax estimates and tax return submission.
• Manage AIA Group tax reporting to ensure compliance with Group Office’s reporting requirements which includes tax monthly closing and quarterly Balance Sheet Reconciliation.
• Manage Budget and Forecast for company’s current and deferred tax for annual budget submissions.
• Review in depth monthly analysis of operating tax rate and effective tax rate.
• Ensure Internal Control Financial Reporting (ICFR) for tax process are operating effectively.
• Collaborate with the leads from other department to provide response/update to Group Office, external auditors, tax consultant and regulatory bodies on tax related matters.
• Act as the subject matter expert (SME) and provide feedback/advice to other departments on corporate tax related matters.
• Provide timely and accurate update/advice on any changes in corporate tax law to impacted users.

2. Indirect Tax

• Review the Stamp Duty report, Withholding Tax, and Sales and Services Tax (SST) submissions.
• Lead the indirect tax projects due to changes in business operations and tax laws and tax audits.
• Liaise with local business group and collating information for SST, withholding tax, stamp duty, transfer pricing, Common Reporting Standard (CRS) and Foreign Account Tax Compliance Act (FATCA) submissions.
• Review the balance sheet reconciliation for indirect tax account.
• Review and provide guidance to other colleagues in preparing the information/documents for indirect tax compliance, disclosure in statutory reports and internal tax reporting.
• Support any require ad-hoc task when necessary and review the SOP (Standard Operating Procedure) for Indirect Tax.

Minimum Job Requirements

• A recognized Degree in Accounting or Professional Accountancy Qualification, with at least 5 years of relevant working experience.
• Prior working experience in the insurance industry will be an added advantage.
• Able to work under pressure and meeting tight deadlines.
• Analytical and good problem solving skills.
• Possess good interpersonal and communication skills.

Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives.

You must provide all requested information, including Personal Data, to be considered for this career opportunity. Failure to provide such information may influence the processing and outcome of your application. You are responsible for ensuring that the information you submit is accurate and up-to-date.