Job Information
Dow Tax Specialist in Singapore, Singapore
Tax Specialist
At a glance
Position:Tax Specialist
Primary locationSingapore (SGP), Singapore
Schedule:Full time
Date Posted:03/04/2024
Job Number:R2049068
At Dow, we believe in putting people first and we’re passionate about delivering integrity, respect and safety to our customers, our employees and the planet.
Our people are at the heart of our solutions. They reflect the communities we live in and the world where we do business. Their diversity is our strength. We’re a community of relentless problem solvers that offers the daily opportunity to contribute with your perspective, transform industries and shape the future. Our purpose is simple - to deliver a sustainable future for the world through science and collaboration. If you’re looking for a challenge and meaningful role, you’re in the right place.
Based in Singapore, the position will be responsible for managing regional tax matters as a part of the regional tax team, reporting to the APAC Tax Director. The Regional Tax Manager will be responsible for ensuring compliance with all local tax requirements related to Corporate Income Tax, Indirect Taxes, Withholding Taxes, Transfer Pricing and other relevant taxes. The position is required to proactively manage the work of external advisors / contractors. The Regional Tax Manager will manage tax audits and lead discussions with Tax Authorities related to disputes and agreements.
Be a co-pilot to the business and other functions to define the tax strategic framework to drive business value/ manage risk and assess the impact of regulatory changes. Ability to communicate all tax related topics in clear business language is essential. To implement and manage any projects in the region to ensure compliance with local regulations and global requirements, and monitor any changes in domestic legislation that may have impact to the business model. Assisting in the development of corporate tax structures and tax audit defense strategies, to ensure that the tax position of the business in APAC is continuously in compliance with current legislations and mitigate tax risks.
Tax Compliance
Manage the compliance filings for all taxes (corporate tax returns, indirect tax returns, fringe benefits, WHT filings, TP reports, hybrid mismatch rules etc) and ensure they are filed / reported with quality on time.
Supervise and review the preparation of tax filling and submission of all work performed by finance / tax team and external advisors.
Prepare analysis of international transactions to define the applicable tax treatment in accordance to local law and international tax treaties.
Maintain and track compliance to any tax incentives & settlements
Tax Audits / Disputes
Manage tax queries, audits and request for information from tax authorities. As required, provide requested information / support to tax authorities in collaboration with other functions. In the event of tax disputes, prepare defence files and lead discussions with authorities with the support of external advisors and tax team.
Manage court cases and review all submissions with the support of external advisors.
Tax Regulation
Be accountable to understand new rules and regulations (or interpretations) and analyse impact to the business. Communicate this in a clear and structured manner for the business to understand implications, benefits/ risks and define potential actions/ options.
Tax Planning
Work with Finance Controller and Tax Director / Manager to define tax strategies that:
Mitigate / minimize business risk
Find opportunities to reduce operating costs
Maximize cashflow
Be responsible for the implementations and benefit realization of such initiatives.
Tax Accounting & Processing
Work as a part of Finance team to review the Local and US GAAP Tax Reporting to Group, which includes Income and Deferred Tax, FIN48 and FAS 5.
Lead to reassess end-to-end processes to further improve the tax control environment and the efficiency and effectiveness of tax processes.
Who are we looking for?
BA/BS University degree in Finance/ Accounting.
Tax specialization or related qualification is a plus.
5-7 years’ experience in Finance / Tax preferably with experience in an accounting firm and/or US MNC would be a plus.
Experience of leading a wide range of tax related topics, handling tax disputes/agreements and some experience of working on International Tax projects/ assignments.
Good PC skills with proven proficiency in Microsoft Word, Excel, PowerPoint. Knowledge of using SAP is a plus.
Benefits – What Dow offers you
We invest in you.
Dow invests in total rewards programs to help you manage all aspects of you: your pay, your health, your life, your future, and your career. You bring your background, talent and perspective to work every day. Dow rewards that commitment by investing in your total wellbeing.
Here are just a few highlights of what you would be offered as a Dow employee:
Equitable and market-competitive base pay and bonus opportunity across our global markets, along with locally relevant incentives.
Benefits and programs to support your physical, mental and emotional well-being, to help you get the care you need...when you need it.
Competitive retirement program that may include company-provided benefits, savings opportunities, financial planning and educational resources to help you achieve your long term financial-goals.
Become a Dow shareholder through various employee stock programs.
Opportunities to learn and grow through training and mentoring, work experiences, community involvement and team building.
Workplace culture empowering role-based flexibility to maximize personal productivity and balance personal needs.
Global Paid Time Off (PTO) policies:
Paid time off for new parents (birthing and non-birthing, including adoptive and foster parents).
Paid time off to care for family members who are sick or injured.
Paid time off to support volunteering and Employee Resource Group’s (ERG) participation.
Join our team, we can make a difference together.
About Dow
Dow (NYSE: DOW) is one of the world’s leading materials science companies, serving customers in high-growth markets such as packaging, infrastructure, mobility and consumer applications. Our global breadth, asset integration and scale, focused innovation, leading business positions and commitment to sustainability enable us to achieve profitable growth and help deliver a sustainable future. We operate manufacturing sites in 31 countries and employ approximately 35,900 people. Dow delivered sales of approximately $45 billion in 2023. References to Dow or the Company mean Dow Inc. and its subsidiaries. Learn more about us and our ambition to be the most innovative, customer-centric, inclusive and sustainable materials science company in the world by visitingwww.dow.com.
As part of our dedication to the diversity of our workforce, Dow is committed to equal opportunities in employment. We encourage every employee to bring their whole self to work each day to not only deliver more value, but also have a more fulfilling career. Further information regarding Dow's equal opportunities is available onwww.dow.com.