Regional Tax Specialist at MODEC in KL Eco City, KL Eco City, Malaysia

OFS Malaysia is a subsidiary of Offshore Frontier Solutions Pte. Ltd. (OFS), a MODEC Group company in Malaysia. Being part of Modec means being the protagonist of a challenging career and being in touch with the latest deep-water production systems, knowing that your career begins in Malaysia, but your talent can take you anywhere in the world.

If you want to be one of the greatest in the market, this is your opportunity!

We are currently looking for talented individuals to join us for below role

Regional Tax Specialist

We are currently based at KL Eco City, Malaysia.

Role Purpose To provide support for relevant tax reporting and returns (e.g. corporate income tax, personal income tax, indirect tax etc.) and liaise with the relevant Tax Authorities on a variety of tax matters and tax accounting so as to ensure that the business is running smoothly and in compliance with the relevant local tax obligations. This role reports to the Regional Tax Lead.

Key Accountabilities

• Corporate Income Tax (CIT) Return

Works with accounting firms/tax consultants on the annual preparation and submission CIT return, inclusive of estimated tax payable for the company.

• Monthly Tax Provision and Reporting

Prepares Monthly Tax Provision to ensure accurate tax reporting within the stipulated timeline.

• Personal Income Tax (PIT) Compliance

Works with accounting firms/tax consultants on the monthly tax deduction reporting and annual preparation of PIT returns to ensure timely submission and payment.

• Transfer Pricing (TP) Documentation

Works with accounting firms/tax consultants on the annual preparation of TP report and collaborates with key stakeholders / inter-companies to strengthen TP documentation.

• Indirect Tax Compliance

Reviews the Indirect Tax Compliance and prepare the Indirect Tax returns (e.g. Sales and Services Tax (SST)/Goods and Services Tax (GST)/Value Added Tax) for timely submission and payment to the relevant Tax Authorities.

• Withholding Tax (WHT) filing requirement

Assist in WHT filing and payment requirements to ensure compliance.

• Global Tax Support

Collaborate with and support the Global Tax team on projects as and when required.

• Work Process Improvements

Identifies process/control gaps in tax function and recommend feasible improvements to supervisor to streamline process flow and enhance internal controls to achieve operational efficiency.

Qualifications

• Bachelor's degree in Accounting, Finance, or related discipline.
• Minimum 7 to 8 years of relevant tax functions.
• Strong experience in both direct and indirect taxation, hands on experience in tax accounting.
• Strong working knowledge of SAP (mandatory).
• Commercial mindset with the ability to understand business operations.
• Adaptable, willing to learn and able to work independently.