procure to pay Analyst - tax auditCoca-Cola Bottlers Business Services, Inc.

The position exists in order to support the business activities pertaining to Local Tax, in compliance with the Bureau of Internal Revenue (BIR) requirement. With the objective to efficiently and effectively carry out the activities in accurate and timely manner. Within the limits of the company's strategic objectives.
1. Management of Vendor Official/Collection Receipt
a. Collection of Official Receipts and Collection Receipts
i. Collects OR/CR from the releasing banks and various Customer's releasing location and match with the transactions with clearing (paid) account
b. Validation of Official Receipts and Collection Receipts
i. Ensures that all transaction paid are supported by OR/CR
ii. Mapping of OR/CR reference provided by releasing banks against physical documents received
iii. Reviews information in the OR/CR for Local Tax compliance
iv. Ensures that any noted non-BIR compliant receipt is to be returned and corrected by the Vendor.
c. Archiving of Official Receipts and Collection Receipts
i. Scans OR/CR through system archiving facility and map with corresponding payment clearing documents
ii. File and archive physical OR/CR
d. Provides relevant data as required for reporting purposes.
2. Management of Customer's Creditable Withholding Tax (CWT)
a. Validation of Creditable Withholding Tax (CWT) received from Modern Trade Developers (MTDs) and OTC
i. Ensures that CWT is originally signed by Customer and included in the list as top withholding agent
ii. Ensures correctness of CWT based amount and corresponding rate/%.
a. Recording of CWT in the books.
i. Ensure that
b. Validation of Official Receipts and Collection Receipts
c. Ensures that all transaction paid are supported by OR/CR
d. Mapping of OR/CR reference provided by releasing banks against physical documents received
e. Reviews information in the OR/CR for Local Tax compliance
f. Ensures that any noted non-BIR compliant receipt are to be returned and corrected by the Vendor.
g. Archiving of Official Receipts and Collection Receipts
h. Scans OR/CR through system archiving facility and map with corresponding payment clearing documents
i. File and archive physical OR/CR
j. Provides relevant data as required for reporting purposes.
3. Prepares work data and Summary List of Product Removal (SLPR) for Excise Tax Reporting
a. Prepares report for Summary List of Product Removal (SLPR), update work data and reconcile any discrepancy noted vs Plants confirmation as a basis for Excise Tax payments report.
b. Report any variances noted and recommends adjustments to correct the books
4. Management of Vendor's Expanded Withholding Tax Certificate
a. Ensure timely and accurate preparation of Expanded Withholding Tax Certificate
b. Timely submission of prepared Expanded Withholding Tax Certificate to CCBPI Tax Team for approval and signature
c. Releasing the Expanded Withholding Tax Certificate to the vendor/s
d. Updating the monitoring for Expanded Withholding Tax Certificate upon release to the vendor
e. Ensure that the receiving copy of EWT certificate is signed by the Vendor
Archiving of duplicate copy of Expanded Withholding Tax Certificate
5. Controls and Compliance
a. Ensures that performance of the tasks is in compliance with the required controls operated for the role.
b. Ensures completeness and accuracy of OR/CR prior to scanning, tagging, uploading in the system and filing.
c. Ensures that CWT from customer are accurately validated and recorded in a timely manner.
d. Ensures correct scanning and tagging of CWT prior to submission as a basis for SAWT (Summary Alphalist Withholding Tax)
Reports discrepancies and inconsistencies that may be encountered during the normal course of performing the role.
6. Process Improvement
a. Identifies and escalates to management potential process improvements for the existing "Business As Usual" (BAU) processes of Procure to Pay process.
Supports initiatives for business process improvements of APSS.