AVP - Global Tax Accounting & Reporting - US GAAP/IFRS

AVP, Global tax accounting and reporting ( US GAAP, IFRS )

Position - AVP

About the role :

Support of the Global Tax Accounting and Reporting Functionwith key responsibilities for the Group Tax closing process (process owner)and the maintenance and development of the Longview tax accounting solution.

Major Job Responsibilities :

Member of the Asia Pacific Tax Accounting & Reporting team assuming overall responsibility for the group-wide US GAAP, IFRS and Swiss GAAP tax accounting & reporting processes, responsible for:

- Preparation of monthly tax provisions of the APAC entities

- Process owner for the monthly US GAAP close process

- Independent handling of the Swiss GAAP tax impact

- Uploading the monthly tax provision workings in Longview and ensure it accurately generates various reports such as current tax and deferred tax workings, tax rate reconciliation report etc.

- Preparing and providing level 20 disclosures (taxes) to FA on a monthly basis to feed in ADAC

- Signing off the tax account balances on a monthly basis in the GLASS system

- Review of monthly Expense Analysis reports for Income Tax (IT) and Fringe Benefits Tax (FBT) return purposes for the Australian entities of the bank.

- Preparation of Pay As You Go (PAYG) reports on a monthly basis which was relied upon by the Australian entities to lodge Advance Income Tax installments with the Australian Taxation Office (ATO)

- Analyzing the various General Ledger accounts for any unusual items of expenditure on which FBT is payable or which is a Non deductible expense from IT perspective

- Liaising with the product controllers, accounts payable teams for extracting relevant information

- Preparation of year end summaries for IT and FBT roll over purposes

- Answering ad hoc queries of the Sydney Tax department related to expense analysis and providing relevant information

- Conducting year end analysis and review of the numerous General Ledger Accounts

- Review of monthly tax packs prepared by FA teams for smaller entities in Asia Pacific region

- Computation and preparation of Corporate Income Tax return (Profits tax) and Royalty Tax return of the bank Hong Kong entities

- Review of monthly Goods and Service Tax (GST) reconciliation and report for the bank Singapore entities

- Reviewing quarterly GST return workings and refund and write off entries

- Responsible for global tax SOX controls, including preparation and filing of required documentation

- Extending support to external consultants on a quarterly basis