Senior Tax Specialist

REC Group; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A leading solar energy firm in Singapore is seeking a Senior Tax Specialist to support tax compliance matters and lead transfer pricing documentation. The ideal candidate will have a degree in accountancy or taxation, along with a CPA certification, and minimum 4 years of tax experience. Strong knowledge of Singapore taxation and outstanding analytical skills are essential for success in this role. This position offers a dynamic work environment within the renewable energy sector.

Qualifications

• Minimum 4 years of tax experience in public accounting firm.
• Strong technical knowledge of direct/indirect taxes and transfer pricing regulations.
• Good communication skills in English, both spoken and written.

Responsibilities

• Support the Tax Manager on compliance matters and process improvements.
• Lead preparation of transfer pricing documentation.
• Monitor local tax regulations and assist in tax audits.

Skills

Strong interpersonal and communication skills

Analytical and problem-solving skills

Knowledge of Singapore taxation

Knowledge of international tax

Detail-oriented

Ability to work independently and in a team

Education

Degree in accountancy or taxation

Certified CPA / Chartered Accountant

Job description

Company Description

REC Group is an international pioneering solar energy company dedicated to empowering consumers with clean, affordable solar power through high-quality solar panels with a leading power density. As Solar's Most Trusted, REC is known for its patented innovations and multiple award-winning products with reliable long-term performance. The cornerstone for REC's strong reliability is advanced and highly efficient manufacturing using Industry 4.0 practices. Founded in 1996 in Norway, REC has always been committed to a low carbon footprint in its solar materials and panels. REC is headquartered in Norway with operational headquarters in Singapore and regional hubs in North America, Europe, and Asia-Pacific. As of December 2021, REC is part of Reliance Industries Limited, India's largest private sector company with revenues of USD 104.6 billion.

Find out more at recgroup.com

Designation: Senior Tax Specialist

Responsibilities

As a Senior Tax Specialist, you will be responsible for supporting the Tax Manager on all tax matters including but not limited to tax compliance matters in REC, formulate and improve existing processes, review tax filings and reports, and resolve issues and inquiries such as transfer pricing, corporate tax matters, group restructuring, and lead/support in occasional ad‑hoc projects.

Transfer Pricing

Works directly with affiliated company's Transfer Pricing Team and formulate new or improve existing REC processes to align various REC teams to meet affiliated company's Transfer Pricing guidelines and requirements. This includes engaging and managing external TP consultants to determine appropriate:

• Intra‑Group selling prices of products
• Intra‑Group interest rates for loans & borrowings
• Intra‑Group cross charging of management fees and royalties etc.
• All other Intra‑Group transactions

The role is required to lead the preparation and coordination of all transfer pricing documentation at the group level and at each local entity level (Singapore/US/Germany/China/Norway).

Corporate Tax

• Monitor local tax regulations in all REC markets including any upcoming changes and updating Tax Manager timely.
• Proactive coverage of interfaces between various REC regions and affiliated company's Tax Team to ensure alignment with affiliated company's Tax guidelines and requirements.
• Assist in coordinating appropriate responses to tax audits in any REC markets.

Ad‑Hoc Projects

• Optimization of Transfer Pricing between Corporate Taxes and Customs Duties within regulatory parameters to achieve the best financial outcome.
• Minimizing Corporate & Withholding Taxes during the structuring of Intra‑Group Loans, Royalties, Management Fees and Dividends.
• Annual review of REC Singapore property tax with KPMG Property Tax team.
• Formulate approaches or processes to determine appropriate inputs relating to corporate taxes for any REC expansion into new markets or special projects.

Qualifications

• Degree in accountancy or taxation.
• Certified CPA / Chartered Accountant is preferred.
• Minimum 4 years of tax experience in public accounting firm.
• Good working knowledge of Singapore taxation and International tax knowledge.
• Strong technical knowledge of direct / indirect taxes and transfer pricing regulations.
• Outstanding conceptual, analytical and problem‑solving skills, coupled with a high energy level.
• Ability to be proactive and demonstrate strong interpersonal and communication skills.
• Well‑organized and detail‑oriented.
• Able to work both independently and as a team player.

Other Information

• Versatile, be able to think and navigate quickly and possess a strong analytical mind to focus on core issues.
• Good communication skills in English, both spoken and written.