Standard Chartered Bank

Country Tax Manager

Shanghai, Shanghai Shi, China
Competitive salary
15 Aug 2019
19 Aug 2019
Approved employers
Approved employer
Job role
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.

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