Tax Audit Specialist

Sun Life of Canada (Philippines), Inc.; Philippines; On-site; PHP 600,000 - 900,000; Full time

Job summary

Sun Life of Canada (Philippines), Inc. is seeking a Tax Specialist to assist in managing tax reporting, planning and compliance across the organization.

You will help oversee the preparation of tax returns and ensure accurate tax obligations for the group. The role focuses on tax compliance monitoring, audits, and interactions with government agencies, while supporting trainings for financial advisors and other business units.

Qualifications

• Bachelor of Science degree in Accounting/Finance
• Law school graduate and/or a Certified Public Accountant advantage
• Has been in tax practice for at least three to four years with experience in handling tax audits and consultancy work
• Relevant work experience with a reputable audit/tax services firm an advantage
• Must have working knowledge of the tax regulations, policies and culture at the national and local levels.
• Advanced knowledge of Philippine taxation

Responsibilities

• Tax Updates/Alerts to financial reporting and other relevant business units
• Participation in the Regulatory Compliance Control Group monthly meetings
• Monitoring Regulatory Reports Database
• Tax Compliance Review
• Regional Office Questionnaires
• Corporate Office Questionnaires
• Bureau of Internal Revenue interactions
• Local Government Units interactions
• Financial Advisors training
• Quarterly Finance updates
• Manager Candidates Program
• Review of tax provisions of contracts and applying for tax treaty relief when necessary
• BIR registrations and updates (Computerized Accounting System, Books of Accounts, Authority to Print, Official receipts and other invoices)
• Registration of Retirement Plans, Trusts, etc.
• Transfer Pricing
• Handle day-to-day internal tax queries

Skills

Philippine tax knowledge

Attention to detail

Organizational skills

Verbal and written communication

Analytical skills

Microsoft Word/Excel/PowerPoint

Education

Bachelor of Science in Accounting/Finance

Law degree and/or CPA

Tools

Microsoft Word

Microsoft Excel

PowerPoint

Job description

At Sun Life, we cultivate a High-Performance, Caring Culture that empowers our people to achieve outstanding results, embrace continuous growth, and create meaningful impact. We succeed together by fostering an inclusive environment where wellbeing, collaboration, and accountability are equally valued.

Job Description

• Assists in managing tax reporting, tax planning and tax compliance function.
• Oversees the completion of accurate tax reports to ensure management has complete picture of all the companies' tax obligations.

Responsibilities

Tax Compliance Monitoring

• Tax Updates/Alerts to financial reporting and other relevant business units
• Participation in the Regulatory Compliance Control Group monthly meetings
• Monitoring Regulatory Reports Database
• Tax Compliance Review
• Regional Office Questionnaires
• Corporate Office Questionnaires

Managing Tax Audit, Assessments and Relationships

• Bureau of Internal Revenue
• Local Government Units

Conducting Tax Trainings

• Financial Advisors
  • Quarterly Finance updates
  • Manager Candidates Program
• Finance and other Business Units

Tax Planning

• Regular review and update of tax treatments and tax saving strategies
• Coordination with Associations on studying and resolving tax issues that affect the business
• Review of tax provisions of contracts and applying for tax treaty relief when necessary
• Other Applications for BIR Rulings and Approvals
• BIR registrations and updates (Computerized Accounting System, Books of Accounts, Authority to Print, Official receipts and other invoices)
• Registration of Retirement Plans, Trusts, etc.
• Transfer Pricing

Handle day-to-day internal tax queries

Qualifications

• Bachelor of Science degree in Accounting/Finance
• Law school graduate and/or a Certified Public Accountantan advantage
• Has been in tax practice for at least three to four years with experience in handling tax audits and consultancy work
• Relevant work experience with a reputable audit/tax services firm an advantage
• Must have working knowledge of the tax regulations, policies and culture at the national and local levels.

• Advanced knowledge of Philippine taxation
• Accuracy and attention to detail. Able to timely meet internal and/or external deadlines.
• Advanced organizational skills (planning, time management and file arrangement)
• Advanced verbal and written communications skills plus good listening skills
• Basic analytical, comprehension and presentation skills.
• Proficiency in use of Microsoft Word, Excel and Powerpoint.