about the company
Randstad is partnering up with a well-established leading property developer in Malaysia. They are looking for an Assistant Manager Corporate & Tax Planning to join their expanding team.
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about the job
Key Responsibilities:
A. Corporate Tax Compliance for the Group
- Prepare and review tax calculations for business units (SBUs) to ensure timely submission of annual tax returns to the Inland Revenue Board (IRB).
- Assess the tax implications of new Malaysian Financial Reporting Standards (MFRS) and guide SBUs on required tax adjustments.
- Evaluate the adequacy of annual and quarterly tax estimates.
- Review year-end tax computations of SBUs to ensure sufficient provision for tax liabilities.
- Oversee the submission of withholding tax returns to the IRB in a timely manner.
B. Tax Planning and Advisory for the Group
- Provide advice to SBUs on the appropriate tax treatment for transactions to maximize tax benefits.
- Guide SBUs on leveraging available tax incentives and benefits from government packages.
- Assist SBUs in meeting the criteria for tax incentives and support the implementation process.
- Monitor and implement tax planning proposals efficiently.
C. Group Tax Audit & Investigations
- Assist SBUs in preparing documentation and information for tax audits.
- Liaise with the IRB during tax audits and respond to their inquiries until the audit is concluded.
- Aid in compiling, organizing, and verifying information for tax investigations.
- Review and comment on responses to the IRB to ensure factual accuracy and appropriate disclosures.
- Maintain a chronological record of events related to tax investigations for the Group.
- Support SBUs in submitting consistent and accurate responses to IRB queries.
D. Tax Administration – Compliance with Statutory and Regulatory Requirements
- Communicate new tax laws, rulings, and regulations to SBUs, ensuring compliance across the Group.
- Identify and assess annual budget proposals that may affect the Group, providing support for compliance.
- Standardize the tax treatment of transactions within the Group.
E. Tax Payments, Refunds, and Group Tax Status Monitoring
- Review and monitor monthly tax instalment payments and outstanding tax liabilities of SBUs.
- Assist in applying for tax refunds and credit offsets on behalf of the Group.
- Advise and assist with deferring tax payments to manage cash flow.
- Help in applying for penalty waivers and follow up on approvals.
- Periodically update and track the Group’s overall tax position.
If you are keen to explore, kindly apply to the job ads above or reach out to Dex at 0162541577.