This job is no longer available

Country Tax Manager

Recruiter: Standard Chartered Bank
Location: Shanghai, Shanghai Shi, China
Salary: Competitive salary
Posted: 15 Aug 2019
Closes: 19 Aug 2019
Ref: 5d5927fde4b0a6e88a78b2fe
Approved employers: Approved employer
Job role: Tax
Sector: Accounting - Public practice, Banking and financial services
Experience level: Manager

About Standard Chartered
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.

To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.

We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.

Scope of Role:

To be responsible for overall China tax planning and compliance affairs.
To manage tax risks through all applicable group and country policies by serving as Tax Risk Owner
To achieve effective and efficient tax operational process
To develop the tax team who live with SCB values

Key Responsibilities/Challenges:

To minimize effective tax rate and above line taxes on sustainable basis
To provide effective and efficient tax advisory service to business and other stakeholders
To formulate tax strategies to improve the Group's tax position in China,
To streamline the tax operational process across the country
To take full ownership for tax compliance, tax provision calculations and tax reporting accuracy
To manage the tax risks as tax risk owner by executing second line risk ownership responsibilities as outlined but not limited to below:
To identify tax risk process owner
To ensure that required control standards are met, by continuous monitoring of tax risk and control indicators
To highlight and report where control standards are not being met, including control design deficiencies or gaps to group Risk Owners
To challenge and approve first line risk identification, residual risk assessment and mitigation plan, taking into account changes to the internal and/or external environment
To review challenge and support Risk Acceptance Requests made by relevant Process Owners for submission to the authorized risk acceptance authority
To monitor 'live' risks and jointly with first line owners and ensure that appropriate management action is being taken to mitigate the impact
To develop and cultivate good relationship with respective tax authorities and other external stakeholders.
To identify tax planning opportunities and implement feasible tax saving projects
To promote general tax awareness training to branch finance people and other stakeholders ;
To manage tax audit in China

Selection Criteria:

CPA or MNC experience in finance and tax areas
Good research and analytical skills, able to present results logically and concisely;
Good negotiation and presentation skills;
Ability to assess business considerations versus tax considerations; and
Ability to assess whether tax-based transactions are acceptable from a tax point of view or will create reputational issues for the Group.
Good management and administrative skills;
Knowledge of the banking industry, including sophisticated bank products and services
Language skills - fluent in Mandarin & English, able to conduct negotiation and presentation in both languages

Apply now to join the Bank for those with big career ambitions.