Project Based Tax Accountant

Atlas Copco (Philippines), Inc.; Laguna; On-site; PHP 600,000 - 900,000; Full time

Job summary

A leading company in the manufacturing sector seeks a professional to manage VAT refund applications and ensure compliance with local tax regulations. You will be responsible for preparing VAT reports, overseeing audits, and advising stakeholders on tax matters. Ideal candidates will have experience in VAT management, strong analytical skills, and the ability to communicate effectively with tax authorities. This role is essential for optimizing tax recovery processes.

Qualifications

• Experience in VAT refund applications and local tax compliance.
• Strong analytical skills to evaluate and improve tax-related processes.
• Excellent communication skills for liaising with authorities and stakeholders.

Responsibilities

• Manage VAT refund applications and ensure compliance with tax laws.
• Prepare periodic VAT reports and liaise with tax authorities.
• Assist in tax audits and provide advisory on tax implications.
• Monitor and follow up on the status of VAT refunds with local tax authorities.
• Process improvement: Evaluate current internal processes related to VAT documentation and propose enhancements.
• Tax reporting and compliance: Prepare and submit periodic VAT reports, reconcile VAT returns with ITR and audited financial statements, and assist in income tax, withholding tax, and VAT audits.
• Tax advisory: Provide guidance on VAT, withholding tax, and income tax and support internal stakeholders with tax-related queries.
• Group reporting: Compile and prepare tax reports for group-level consolidation.
• Support to Business Controller: assist with ad-hoc assignments and financial analysis.
• Other duties: perform all assigned functions, comply with directives, and carry out any other tasks as needed.

Job description

Main Purpose of the Role:

To manage and execute all activities related to VAT refund applications, including VAT audits, ensuring compliance with local tax regulations and optimizing internal processes for efficient tax recovery.

Main Duties and Responsibilities:

A. VAT Refund Management

• Prepare and submit VAT refund applications in accordance with local tax laws.
• Review supporting documents from various departments to ensure completeness and accuracy for VAT claims.
• Coordinate with external tax consultants (if any) to gather necessary information for VAT refund submissions.
• Monitor and follow up on the status of VAT refunds with local tax authorities.

B. Process Improvement

• Evaluate current internal processes related to VAT documentation.
• Propose enhancements to streamline future VAT refund applications.

C. Tax Reporting and Compliance

• Prepare and submit periodic VAT reports to relevant authorities.
• Reconcile VAT returns against ITR returns and Audited Financial Statements.
• Assist in the preparation of documentation for income tax, withholding tax, and VAT audits.
• Liaise with tax authorities and tax agents regarding audit queries and compliance matters.

D. Tax Advisory

• Provide guidance on tax implications and treatments related to VAT, withholding tax, and income tax.
• Support internal stakeholders with tax-related queries and ensure alignment with regulatory requirements.

E. Group Reporting

Compile and prepare tax reports for group-level reporting and consolidation.

F. Support to Business Controller

Assist the Business Controller with ad-hoc assignments and financial analysis as required

G. Other Duties and Responsibilities

• Perform all assigned functions and responsibilities to the best of your abilities.
• Comply with instructions and directives issued by the Company or its authorized representatives.
• Carry out any other administrative or non-administrative tasks as assigned, whether in writing or verbally.