Prepare Corporate tax computation & tax provision for Singapore Branch and assist on queries from tax agent on tax related matters
Track latest developments in Corporate tax matters – track the budget, new tax allowances granted etc and its implications on the Branch’s tax computation
Ensure smooth filing of tax returns within due date and ensure complete resolution of queries from IRAS, Tax consultants, HO Tax Department etc.,
Prepare and submit annual FATCA and CRS returns and track latest developments in FATCA and CRS
Reviewer of various MAS returns: eg – daily returns like MAS 640, 649, 758, 639, 640, ACF etc and monthly return like MAS 610.
Ensure proper controls over expenses, i.e. no duplicate and over payments, all the payments are properly authorized and proper booking of Finacle entries. Checker for the staff claim re-imbursements and other vendor payables.
Ensure re-imbursements are processed accurately, GST and WHT are appropriately accounted for and deducted wherever necessary and the same are correctly accounted for in the accounting system. Knowledge on GST ACAP would be an advantage.
Prepare internal management reporting for local management on monthly basis (e.g Branch senior management forum) and undertake variance analysis of major month-on-month/quarter-on-quarter movements in Balance Sheet and Profit and Loss.
Conduct yield and spread analysis and explain NII movement on monthly basis.
Prepare and review quarterly HO reporting (notes to accounts as per IGAAP) – example – related party transactions.
Liaise with auditors (internal, external, tax etc)
Monthly reconciliation of PL as per Daily Treasury Report and GL balance
Prepare annual USGAAP reports
Review bank nostro reconciliation and clear of long pending entries
Review of Outsourcing cost billed by HO to the Branch on monthly/ quarterly basis. Ensure the cost is consistent and adequate.
To undertake projects and assignments from time to time as directed by the supervisor/manager