Job Description

JOB PURPOSE:

The purpose of the job is to:

• Coordinate and report on taxation deliverables across given country cohort
• Review country finance calculations and determination of tax outcomes prior to submission – work with country finance teams to amendments if required
• Provide insight and “know how” into key elements of tax framework, such as tax transfer pricing, with-holding tax & VAT (including opportunities for enhancement)
• Liaise with Tax team in Head Office as required

Finance Governance & Other Controls

• Provide oversight and coordination (where necessary) of regulatory reporting deliverables across given country cohort
• Ensure any non-standard or customised approaches to financial management within a given GCCE country are adequately disclosed and discussed with International CFO
• Review approaches adopted across countries to test integrity and accuracy of returns and compliance with obligations
• Provide insight and “know how” to ensure best practice with regards to efficiency, integrity of returns, system configuration and use
• Country Finance Coverage - Have sufficient and knowledge to cover a range of country finance responsibilities in the event of deployment to a specific team is required
• Act as a key Point of Contact for HO Financial Control and Financial Reporting teams for ubiquitous requirements across countries – some examples being AOV, Internal Audit points, and Financial Statement lodgement
• Build effective relationships with country finance stakeholders by de-risking key processes carried out by small FTE teams

Operational Deployment

• Be ready and able to act as a Country CFO/HoF on an interim basis if circumstances require
• Provide additional “hands on” finance expertise to countries when required by strategic initiatives and/or executive management decisions

KEY ACCOUNTABILITIES:

• Shows good drive and initiative with strong interpersonal skills
• Ability to work under pressure and within tight deadlines
• Ability to interact with multiple stakeholders across the bank
• Deals with internal / external auditors and external consultants wherever required
• Deals with Tax authority as directed

Specific Accountability

• Maintain and update a consistent Tax Calendar to highlight important tax events and deadlines for taxation deliverables across given country cohort. This includes tax filings and payments covering corporate income tax, tax incentive schemes review and renewal, indirect taxes, and Tax Transfer Pricing (TTP) documentation requirements.
• Connect with local external tax advisors to ensure local tax events and deadlines are relevant to FAB to ensure the Tax Calendar accuracy and integrity.
• Using the Tax calendar, coordinate and report on taxation deliverables across given country cohort
• Tax queries from local tax authorities (if any) should be included in the Tax Calendar and monitored to ensure timely response and closure.
• Engage Group Tax, local Finance teams, and local external tax advisors to monitor their progress and drive actions to meet the deadlines stipulated in the Tax Calendar.
• Provide regular updates on the Tax Calendar progress to regional / HO stakeholders.

2. Local Tax Return & Tax Documents Preparation

• Provide insight and “know how” to local Finance teams in preparing all tax return documents and tax queries as required across all locations in the region.
• Provide guidance for consistent procedure controls on the P&L data preparation by local Finance teams (to be given to local external tax advisors for tax computation purposes).
• Work with local Finance teams to extract P&L data and financial information and other ledgers / systems (required for local external tax advisors’ template) on a timely manner
• Support local teams for TTP, WHT & VAT documentation requirements as per FAB Group policy and local tax regulations.
• Review calculations & workings by local Finance teams and/or by local external tax advisors and determination of tax outcomes prior to submission – work with the local teams to amendments if required
• Coordinate with local FAB Finance, Group Tax, and local external tax advisor to review and finalise tax computation / TPD preparation and review for final submission to local tax authorities.