Tax Governance Manager

This role plays a vital part in supporting our organization's goals by adding value through tax planning, preserving value by reducing tax risks, and enhancing value by finding opportunities.

• Main Responsibilities:
• Advising business units to protect profitability on additional costs of doing business in domestic and cross-border markets.
• Ensuring the monitoring of the tax governance and alignment on tax positions adopted by the engagement teams, IFS, and finance teams.
• Managing relationships with tax consultants and IFS functions to ensure effective compliance on tax and regulatory positions and policies to minimize possibilities of litigation.
• Managing relationships with internal and external auditors to ensure effective completion of audit.

Key Performance Metrics:

• Monitor tax governing framework on tax assets realization to avoid working capital lock-in and ensure review of operations to avoid any tax leakage.
• Tax Compliance
  • Responsible for timely execution of Tax and regulatory compliance with accuracy and quality.
  • Responsible for adequacy of Tax provision, owner of Tax accounts & ensuring tax positions are followed.
• Tax Assessments
  • Ensure effective tax assessments & litigation management by conducting due research on tax matters to ensure effective representation of the tax position adopted with detailed documentation within timelines.
• Engagement Consultation:
  • Ensure timely response to engagement consultation and adequate safeguard in engagement documents from tax and regulatory perspectives. Ensure the engagement teams and other stakeholders understand the tax impact and consider it in business transactions.
• Application Controls:
  • Ensure application controls are in-built in financials and tertiary applications and regular review of the same to ensure effective controls. Regular review of exception reporting and undertaking corrective action.
• Documentation:
  • Ensure effective maintenance of documentation with respect to compliance and assessments and timely update in reporting applications.
• Firm Projects:
  • Effective contribution to firm's strategic projects ensuring finance aspects are duly considered.
• Tax and Regulatory Risks:
  • Responsible for actions to mitigate tax and regulatory risks on firm policies and business model.
• Tax and Regulatory Reporting:
  • Ensuring accurate tax and regulatory reporting highlighting exceptions, and staying updated with changes in tax laws, evaluate the impact on operations and business model and ensure the impact is factored in policies and cost of operations.
• Internal Controls:
  • Responsible for maintaining robust internal controls and regular review to prevent errors and fraud and ensure the integrity of tax and regulatory reporting. Ensure firm operations and policies are updated with the latest tax and regulatory framework.
• KPI and RCSA:
  • Report agreed Process KPI, strengthen the review mechanism. Ensure timely compliance with governance on monthly reporting.
  • Adherence to inter-departmental deliverables through Interlock documents.
  • Meet KQI and RCSA KPI and taking corrective actions for continuous improvement. Review RCSA periodically under Risk Mitigation strategy and enhance the RCSA framework.
• Tax Efficiency Evolution Initiative:
  • Take lead in implementation of technological advancements of the function with best-in-class automation practices, to drive efficiency in overall finance processes impacting tax and regulatory compliances.
• People Leadership:
  • Team Management: Supervising and managing a team, including their performance, productivity, and adherence to SOP.
  • Performance Monitoring: Maintaining and evaluating individual and team performance metrics. Ensuring there is fair and equitable measurement of performance.
  • Coaching and Training: Providing constant coaching, monitoring, and training to enhance team members' futuristic skill sets, knowledge, and perform regulatory and technical training for the team.
  • Quality Assurance: Maintaining quality standards and conducting frequent quality checks to identify areas of improvement and take corrective actions on feedback.
  • Effort Recognition:
    • Timely recognition of efforts made by individuals to enhance motivation.
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