Tax Manager

Location: Bandar Utama, Selangor

Company: Nestlé Malaysia

Permanent

Bachelor's Degree

8+ years of experience

Joining Nestlé means you are joining the largest Food and Beverage Company in the world. At our very core, weare a human environment – passionate people driven by the purpose of enhancing the quality of life andcontributing to a healthier future. A Nestle career empowers you to make an impact locally and globally, as you are provided with the opportunity to make a mark and stand out, as long as you seek it. With Nestle, you are enabled and encouraged to grow not only as professionals, but also as people.

We are looking for a Tax Manager to:

• Provide Tax advisory, compliance and strategic support in the management of a wide range of tax related risks/ opportunities.
• Create, protect and optimize value in the context of Nestlé's business objectives by managing Tax projects and Audits.
• Responsible for ensuring compliance of direct taxes via quality review of work, monitoring compliance and creating awareness.

• Internal reporting : Review of Quarterly Book closing Tax schedules including year-end external auditors tax audit report and other tax package required (e.g. CPW). This also includes group reporting schedules from the center required for both MY and SG.
• Compliance - direct tax : Review work prepared by outsourced tax center of competence in respect of tax analysis report, tax computations and tax returns for all relevant companies/ trust funds etc. in the Nestlé group. This includes estimation of tax payable to tax authorities, including the planning and management of cash flows for tax payments and refunds, and monitoring overall Nestlé group tax position and effective tax rate.
• Tax risk management (Documentation) : Prepare and review analysis/ records and ensure they are properly maintained in a manner required to provide data for the preparation of tax returns to tax authorities, and to ensure adequacy of tax compliance documentation for tax audit in view of self- assessment and reasonable care have been exercised - this covers preparation of detailed Tax analysis for accounts, finalisation of double deduction & tax incentive documentation for relevant companies (such as Halal incentive documentation), as well as the preparation and review of Transfer pricing documentation & positions taken for all Nestle entities in MY & SG.
• Tax appeal and advisiory : Prepare tax position papers, appeals and defense of the company's stand, and follow up with Inland Revenue/ Customs/ IRAS on all disputed tax matters. Provide tax advice for business transactions, manage tax issues and propose feasible resolutions to internal customers (e.g. on withholding taxes, direct and indirect tax compliance) and answering queries/ correspondence from Inland Revenue/ Customs/ IRAS etc.
• Tax value creation and awareness : Assist Group tax manager and lead various tax projects or ad-hoc tax assignment. Manage Tax audits and requests with Tax Authorities/ Customs, and training of staff on tax awareness, manage transition of tax knowledge/ tax tasks to NBS/CoC and preparation of training/ guidance materials.
• Manage Process Improvement: Manage the tax compliance and governance for enhancement towards greater tax compliance and efficiency.

• Bachelor degree in Finance/ Accounting or related field with at least 9 years' experience.
• At least 9 years of taxation work experience in a public accounting firm and/or FMCG industry.
• Demonstrated success in handling tax appeals and/or audit settlements with IRB and/or customs.
• Experience in delivering presentations for internal and external training purposes.
• Proven ability to lead and/or participate in cross-functional projects.
• Strong understanding of business principles acquired through working in an FMCG or professional accounting firm.