Executive (Taxation) - Group Intake
1) TAX COMPILATION & REPORTING
Plan and implement the reporting and compilation of upstream/downstream and corporate tax returns, estimated payments, calculation of tax computations, as well as other relevant statutory tax obligations of OPUs under respective business portfolio from a direct tax perspective for domestic and international operations by efficiently and effectively preparing and reviewing tax returns prepared by OPUs, tracking the tax reporting function and subsequently recommending solutions to issues raised by the OPUs as well as tracking the progress of the completion of tax returns while keeping close collaboration with tax personnel to ensure accurate and timely filing of tax returns in line with the due date of lodgment and adherence to compliance function.
2) TAX ANALYSIS
Analyse and review the practices and implementation of tax legislation for upstream/downstream and corporate domestic and international operations by preparing and providing in depth insights on any tax implications that can be mitigated and tax opportunities that can be adopted, providing support to all OPUs and stakeholders on any tax issues that arises from any change of tax jurisdiction, finding ways for improvement of processes with close collaboration with key stakeholders and other tax personal to ensure all elements of tax strategies and processes are properly implemented for tax efficiency and stability of PETRONAS.
3) TAX PLANNING
Prepare, implement, and analyse the direct tax upstream/downstream and corporate planning strategies and tax risk mitigation for domestic and international operations by implementing tax planning framework with parameters as outlined in the Group Tax Policy, tracking the progress of tax documentations, analyzing methods to identify and maximise the tax planning opportunities available for respective business activities, and prepare a detailed reports on identified objectives, timelines, parameters and measures to ensure all elements of the tax and financial strategies are properly implemented to reduce the overall tax burden of the Group thus maximizing shareholders value.
4) TAX RISK MANAGEMENT
Plan and analyse the direct tax upstream/downstream and corporate risk management functions for companies engaged in domestic and international activities by delivering internal & external reporting, conducting tax risk analytics to improve portfolio risk appetite, monitoring tax scorecard, models and support Group Tax on strategy development, and provide quality analytical support to other tax personnel for informed decision making while working closely and constructively with key stakeholders to ensure consistent application and enforcement of tax risk policies, processes and controls, in compliance with Group standards to ensure all elements of the tax changes and strategies are properly implemented for tax efficiency and stability for PETRONAS.
5) TAX KNOWLEDGE MANAGEMENT
Plan and coordinate the capability building and knowledge management in the area of direct tax by managing and providing on job training to build capable and dedicated staff across the Group, updating tax personal of market, regulatory development, and internal policies changes that could impact the tax practices for the OPUs and recommending improved practices to adhere to the updated rules and regulations to ensure all elements of the tax changes and strategies are properly implemented for tax efficiency and stability for PETRONAS.
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