vp - ph tax senior Manager (cbna)Citigroup

PH Tax Senior Manager as part of Tax Function:
The Tax department is a global team within the Finance organization in Citi. This role supports the Philippine Country Tax Head for tax matters for all Philippine managed legal entities. The Tax Senior Manager reports directly to the Philippine Country Tax Head. This role involves interaction with all functions/businesses in country as well as regional finance and Regional/Global Tax.
PH Tax Senior Manager ("TSM"):
The TSM is responsible for country tax matters and is part of a team which is responsible for tax support on all country tax matters. The TSM ensures that corporate principles, standards and policies are applied within country and that strong controls to manage Citi's tax risk are embedded in Country processes and procedures. The TSM must be experienced to: (1) identify tax issues to be addressed by other countries in cross-border transactions and (2) have the ability to engage with and influence seniors within the functions/business.
Responsibilities:
Philippines Tax Processes:
Prepare and submit all corporate tax (direct and indirect) returns and tax payments for all country-managed legal entities. This includes preparation of tax working papers and coordination and collection of data from various stakeholders ensuring its accuracy and completeness
Prepare the computation/review of all monthly/quarterly tax provisioning including reconciliation/oversight for tax balances on the ledger, US tax reporting packages and effective tax rate analysis
Manage the overall conduct of any tax audit by the Bureau of Internal Revenue and Local Government Units including but not limited to preparation and review of documents/information, and reconciliation schedules
Draft and manage correspondences, queries, audits, inspections, appeals and litigation from the Philippine tax authority, and manage relationship with local tax authority
Prepare and collate relevant documents and information necessary for the payment of local business tax, and issuance of local busines tax permits and other permits necessary for Citi PH entities
Respond to queries/participate in meetings with external and internal auditors for corporate tax matters
Provide tax advisory support to business, operations and other functional groups/units on product programs and transactions
Communicate status of uncertain tax positions in a timely manner and work with the Regional Tax team to determine the appropriate FIN 48/FAS 5/Tax Contingency reporting
Coordinate and assist in tax process standardization and automation projects
Coordinate transfer pricing matters
Manage the risk and control processes of the PH tax team
Regional & Tax Advisory:
Provide Philippine tax support and product advice to business and operations functions
Provide Philippine based tax support related to U.S. tax reform, including effective tax rate planning, BEAT planning and execution of internal restructurings & corporate tax planning actions
Provide guidance to the businesses on global tax policies and support Global Tax in communicating and implementing U.S. tax rules, such as FATCA/CRS
Advise the businesses on their new business initiatives and strategies to respond to the tax and regulatory changes in the U.S. and the region
Development Value:
Opportunity for development into a strategic/advisory role
Opportunity to work in a complex tax and finance environment while touching on related aspects of legal and regulatory
Contact with Senior Finance team members in Country as well as Regional and Global Tax and Finance
Knowledge/Experience:
Knowledge of Philippines tax rules
Experience in general accounting and tax accounting, both local GAAP and US GAAP
Strong working knowledge of the tax information reporting and withholding rules, including FATCA and CRS
Ability to suggest pragmatic solutions to problems and conclude where appropriate
Be able to work unsupervised on a day-to-day basis
Ability to manage a number of different issues/deadlines and manage time appropriately
Ability to quickly understand new technical issues
Self-motivated, demonstrating initiative and a pro-active approach
Strong interpersonal skills and a team player
Analytical skills, inquisitive and willing to ask probing questions in order to derive financial data and understand transactions
Experience in leading and managing a group of professionals
Qualifications:
6-10 years relevant experience
Philippine accounting or related degree and business experience
Additional tax qualification would be advantageous, but not necessary
Knowledge and experience of Philippine tax rules; regional / U.S. tax rules a plus
Experience in tax accounting
Knowledge and experience working in a US-based group
A financial services background is essential
Job Family Group: Finance
Job Family: Tax
Time Type:
Citi is an equal opportunity and affirmative action employer.
Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review .
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Citigroup

Taguig City, Metro Manila
Permanent
Full-time