The Tax Manager is responsible for managing the organization's tax affairs, ensuring compliance with applicable tax laws and regulations, minimizing tax risks, and providing effective tax planning and advisory support to management.
The role will oversee tax reporting, tax payments, audits, assessments, reconciliations, and correspondence with tax authorities while ensuring that the organization meets all statutory tax obligations accurately and on time.
Responsibilities :
Tax Compliance & Reporting
Ensure timely and accurate preparation and submission of all tax returns and statutory declarations.
Oversee tax calculations, payments, and reconciliations.
Ensure compliance with applicable corporate income tax, VAT, withholding tax, payroll taxes, and other relevant taxes.
Maintain accurate and complete tax records and supporting documentation.
Monitor tax filing and payment deadlines to ensure compliance.
Tax Planning & Advisory
Develop and implement effective tax planning strategies in line with applicable laws and regulations.
Provide tax advice to management on business transactions, investments, contracts, and operational activities.
Identify legitimate opportunities to optimize the organization's tax position.
Assess the tax implications of new business activities, products, services, and transactions.
Keep management informed of changes in tax legislation that may affect the business.
Tax Audits & Authorities
Coordinate tax audits, inspections, and reviews conducted by tax authorities.
Prepare responses to tax queries, notices, assessments, and information requests.
Represent or coordinate the organization's engagement with tax authorities where appropriate.
Review tax assessments and advise management on potential exposures and appropriate responses.
Work with external tax advisors and auditors when required.
Tax Accounting & Reconciliation
Review tax-related accounting entries and ensure accurate recording of tax liabilities and payments.
Perform regular reconciliations of tax accounts.
Review tax provisions and ensure appropriate recognition of current and deferred tax where applicable.
Identify and investigate tax discrepancies and recommend corrective actions.
Risk Management
Identify potential tax risks and develop appropriate mitigation measures.
Establish and maintain effective tax compliance controls.
Monitor transactions for potential tax exposures.
Ensure that the organization maintains appropriate documentation to support its tax positions.
Conduct periodic reviews of tax processes and recommend improvements.
Team Management
Supervise, mentor, and develop members of the tax and finance team.
Allocate responsibilities and monitor the quality and timeliness of tax-related work.
Establish appropriate procedures and controls for tax compliance.
Promote a culture of accuracy, accountability, and compliance within the finance function.
Reporting & Management Support
Prepare regular tax reports and updates for senior management.
Provide information and analysis on tax liabilities, exposures, and compliance status.
Support budgeting and forecasting activities relating to taxes.
Provide management with recommendations on tax matters affecting business decisions.