Vice President, Direct Taxation

Alliance Bank; Kuala Lumpur; On-site; MYR 180,000 - 280,000; Full time

Job summary

Alliance Bank seeks a senior Tax Leader to head the Group's taxation functions in Kuala Lumpur. You will lead direct and indirect tax governance, plan tax filings, and oversee regulatory reporting while coordinating with tax authorities and auditors.

The role requires a track record of 10+ years in taxation within financial services, in-depth SST knowledge, and strong leadership and stakeholder management skills.

Qualifications

• Degree in Accounting, Finance, Taxation or equivalent.
• Membership of a recognised professional accounting or tax body is preferred.
• More than 10 years of working experience in taxation or related functions.
• Good knowledge of SST, tax regulations and banking compliance requirements.

Responsibilities

• Tax governance and leadership of direct and indirect taxation functions.
• Plan, review and file corporate income tax returns and related tax documents.
• Oversee monthly provisional tax, tax provisions, and regulatory reporting.
• Coordinate with tax authorities, regulators and external auditors; manage audits.
• Provide strategic tax direction and governance to protect the Bank's assets.

Skills

Leadership

Communication

Integrity

Time management

Problem solving

Education

Bachelor degree in Accounting/Finance/Taxation

Professional membership (preferred)

Job description

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• Lead the Group’s direct and indirect taxation, tax reporting and monthly closing activities.
• Ensure compliance with requirements issued by the Inland Revenue Board, Royal Malaysian Customs Department and other relevant regulators.
• Oversee e-Invoicing, SST implementation and other taxation-related projects.
• Coordinate effectively with internal stakeholders, tax authorities, regulators and external auditors.
• Act as Steward, Strategist, Catalyst and Operator by protecting the Bank’s assets, setting tax direction, driving improvements and maintaining an effective taxation function.

Job Responsibilities:

Tax governance and leadership

• Lead, supervise and develop the direct and indirect taxation teams, including resource planning, work allocation, review and succession planning.
• Establish and maintain the Group tax control framework, Tax Manual, standard operating procedures, maker-checker controls and evidence standards.
• Monitor tax developments, assess their impact and coordinate timely implementation across the Group.
• Escalate material tax exposures, compliance issues, control gaps and unresolved system deficiencies promptly.

Direct taxation

• Plan, coordinate and review corporate income tax returns, including Form C, for all companies within the Group.
• Review tax estimates and revisions, including Forms CP204 and CP204A, and monitor tax instalment payments, utilisation, refunds and offsets.
• Review monthly provisional tax, current tax and deferred tax computations for financial and Bursa reporting, including effective tax rate analysis and over- or under-provision tracking.
• Ensure withholding tax compliance for payments to non-residents and advise stakeholders on applicable tax treatment.
• Monitor new products, transactions and general ledger developments, and provide timely advice on direct tax implications.

Indirect taxation

• Oversee accurate and timely preparation, review and submission of monthly e-Invoice reporting and service tax returns and payments across the Group, supported by robust checks and analysis.
• Oversee indirect tax reporting obligations, including withholding tax, stamp duty and annual transfer pricing documentation, and ensure compliance with applicable IRB and RMCD requirements.
• Provide technical advice and assistance for internal and external requests involving indirect tax data analysis, reconciliations, e-Invoice issuance, reporting and operational implementation.
• Ensure indirect tax positions are correctly reflected in systems, general ledgers, invoices, reconciliation reports and regulatory or management reporting, and coordinate with consultants and vendors to troubleshoot e-Invoice and SST system functionality.
• Lead responses to customs audits, queries, reviews and information requests, supported by complete documentation and clear issue ownership.

Job Requirement

Skills

• Ability to provide leadership as well as be a team player
• Ability to communicate effectively
• High degree of integrity
• Ability to observe strict time management
• Ability to exchange ideas & information in a concise & logical manner
• Ability in handling problem and provide solution and decision making

Knowledge

• Good working knowledge of taxation standards, SST technical knowledge.
• Good knowledge of banking industry compliances requirement, this include Companies Act,

BAFIA Act, various BNM guidelines & Bursa Malaysia Listing Requirement, Custom guideline, Inland Revenue ruling.

Experience

• More than 10 years of working experience

Qualification

Degree in Accounting, Finance, Taxation or equivalent. Membership of a recognised professional accounting or tax body is preferred.