Job Description Perform tax functions for DPI, DMDL and other sister companies. Following are the detailed tasks of a Tax accountant, among others things:
o Prepare calculation of tax payments. Prepare schedules to support balances.
o Process request for payments for approved tax payments.
o Perform online (or manual) filing of Tax returns.
o Maintain records of tax returns/reports.
o Organize and update the company's tax database.
o Recommend tax strategies that align with business goals.
o Follow industry trends and be updated on changes related to taxes. Train accounting staff and other employees on any changes or updates on tax laws.
o Liaise with internal and external tax auditors
The accounting analyst is also responsible in maintaining a subsidiary ledger, reviewing details and ensuring accuracy and validity of amounts, on the following payable accounts:
The above list may change depending on the need to add or remove accounts.
At month-end, the accounting analyst ensures that the balances of the above payable accounts are correct and supported with details. The books for the month will not be closed unless the balances are corrected and validated.
o Any entries that are mis-posted in these accounts must be reclassed in coordination with the accounting staff who made the wrong entry.
o The accounting analyst ensures that the amounts are valid, with immediate subsequent payments (e.g. Withholding taxes in the current month are fully paid and closed in the next month).
o The Accrued accounts are used to record expenses already incurred but not yet paid. He reviews the details of these accruals, ensuring that expenses accrued are valid, and subsequently closed. At year-end, any long outstanding accruals with no visibility on its payments must be reversed in coordination with the staff who prepared the accounting entries.
o In cases of material amounts, like Notes Payable or Long-term-loans, ensures that there is an existing and valid loan agreement to support the amount/balance. Confirmation letters maybe sent to third parties to confirm that their balances agree with what is booked in the company's ledger.
Provide insight into process inefficiencies and recommend process improvement strategies involving tax activities and other accounts payables
Prepare various monthly financial reports and adhoc reports that are need by management to support business decisions (such as Taxes withheld and paid during the year).
Support new projects that add value to the organization.
Build and utilize working relationships with internal business partners across the organization.
Provide support to auxiliary schedules for auditing purposes and management reports as per
assigned work.
Design and prepare audit schedules for external audit processors.
Assist in developing financial reports.
Job Type: Full-time
Benefits:
Schedule:
Monday to FridaySupplemental Pay: Overtime pay
Education:
Language:
* English (Preferred)
