Tax Officer

Overview

A Tax Officer is responsible for ensuring that an organization complies with all local, regional, and national tax laws and regulations. Prepare, review, and submit accurate tax returns, monitor tax payments, and maintain proper documentation to support compliance. Provide guidance on tax planning, identify potential tax risks, and assist in audits or investigations by tax authorities. The role requires staying updated on changes in tax legislation and collaborating with finance, accounting, and legal teams to optimize the company's tax position.

Tax Officer Responsibilities

· Prepare and file accurate tax returns (corporate tax, VAT, withholding tax).

· Ensure timely payment of all taxes to avoid penalties.

· Maintain proper documentation for tax compliance and audits.

· Monitor changes in tax laws and ensure company adherence.

· Provide tax planning advice to optimize the company's tax position.

· Assist management in evaluating tax implications of business decisions.

· Collaborate with finance and accounting teams to ensure accurate tax treatment.

· Support internal and external tax audits and resolve queries from tax authorities.

· Identify potential tax risks and recommend mitigation strategies.

· Prepare regular reports on tax liabilities, payments, and compliance status.

Accounts Reconciliation & Reporting

· Prepare periodic tax account reports (monthly, quarterly, yearly).

· Summarize tax liabilities, payments, and pending obligations.

· Reconcile tax payments with accounting and bank records.

· Track filing status of corporate, VAT, and withholding tax returns.

· Highlight overdue payments, penalties, or adjustments.

· Report on tax credits, refunds, or carry-forwards.

· Provide insights and recommendations for tax planning and risk management.

Qualifications:

1. Education:

a. Bachelor's degree in Accounting, Finance, or a related field.

1. Experience:

a. At least 3 years of experience in overall finance reporting (corporate, VAT, withholding tax)

b. Hands-on experience with tax software or accounting systems.

c. Experience in reconciling tax accounts and managing tax audits.

d. Familiarity with local and international tax laws and regulations.

e. Exposure to financial reporting, bookkeeping, or accounting functions.

1. Skills:

a. Proficient in accounting software Xero (or QuickBooks, SAP, and others is an advantage).

b. Advanced knowledge of Microsoft Excel.

c. Strong knowledge of taxation principles and compliance requirements.

d. Analytical and problem-solving skills for tax planning and risk assessment.

e. Effective communication skills for interacting with management and tax authorities.

f. Ethical and professional approach to handling sensitive financial information.

1. Other requirements:

a. Attention to detail and a high degree of accuracy.

b. Ability to meet tight deadlines and prioritize tasks effectively.

Qualifications & Primary Job Descriptions:

1. Bookkeeping Duties:

a. Record tax-related transactions accurately in accounting systems.

b. Reconcile tax accounts with financial statements and bank records.

c. Track payments and receipts related to corporate, VAT, and withholding taxes.

d. Maintain organized records of invoices, receipts, and tax documents.

e. Ensure all tax entries are correctly reflected in the general ledger.

1. Tax Compliance:

a. Prepare and file tax returns on time (corporate tax, VAT/GST, withholding tax).

b. Ensure all payments comply with local and national tax regulations.

c. Maintain proper documentation for audits and regulatory reviews.

d. Monitor changes in tax laws and implement necessary adjustments.

e. Identify tax risks and ensure corrective actions are taken.

1. Reporting and support:

a. Prepare periodic tax reports for management review.

b. Assist in cash flow planning related to tax obligations.

c. Support internal and external tax audits with required documentation.

d. Provide recommendations for tax optimization and risk mitigation.

e. Collaborate with finance and accounting teams for accurate reporting.

Job Type: Full-time

Pay: Php25, Php30,000.00 per month

Work Location: In person