Tax Associate

4 weeks ago


Quezon City Philippines GoTyme Bank Full time

About GoTyme

GoTyme is a joint venture between the Gokongwei Group, one of the biggest conglomerates in the Philippines, and the Singapore-headquartered digital banking group Tyme. This venture combines the trusted Gokongwei brand, customer base, and distribution ecosystem with Tyme's globally proven digital banking technology and hands-on experience building South Africa's leading digital bank, TymeBank, which is one of the fastest-growing digital banks in the world today.

At GoTyme, we have embarked on a journey to democratize financial services and bring next-level banking to the Philippines. We are seeking individuals who share our belief that the game is worth changing, to join our growing team of GoTymers as we build, launch, and scale a bank that empowers all Filipinos to navigate a path to financial freedom.

About the role

The Tax Associate is responsible for the preparation of the Bank's tax returns (Income Tax, Gross Receipt Tax, Documentary Stamp Tax, Withholding Tax, etc) and ensures tax filing and payments are processed in a timely manner.

  • Assist in the submission, registration, and automation of the tax filing and payment
  • Provides tax advice to various stakeholders within the Bank on the tax implications of the Bank's products, services and transactions and assist in the tax planning activities of the Bank
  • Monitor and reconciliation of the creditable withholding tax (BIR 2307) and final tax withheld (BIR 2306)
  • Monitor and reconciliation of the deferred tax asset and liability
  • Regularly monitor local tax regulation changes and assess the impact on the Bank
  • Day-to-day support for tax and accounting operations
  • Ensures that internal controls are in place to ensure timely and accurate reporting and minimize compliance risk
  • Assists in the completion of requirements for statutory and regulatory audits
  • Contributes to the month-end closing process to ensure all transactions are recorded properly and necessary adjustments are booked in a timely manner

Must haves

  • Bachelor's Degree in Business, Accounting, or other related courses
  • Certified Public Accountant is preferred
  • With related tax reporting experience of at least 1-2 years
  • Possess general knowledge, skills, and competencies on tax regulations and accounting principles related to the Banking industry
  • High proficiency in Excel
  • Ready to adapt to new technologies to increase productivity
  • Good verbal and written communication skills as liaising with various units within the bank and regulators is necessary part of the job
  • Strong problem-solving skills

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