Regional Tax Executive

Location: Singapore, sg

Company Description

Vitol is a leader in energy and commodities. Vitol produces, manages and delivers energy and commodities to consumers and industry worldwide. In addition to its primary business of trading, Vitol is invested in infrastructure globally, with $10+billion invested in long-term assets.

Vitol’s customers include national oil companies, multinationals, leading industrial companies and utilities. Founded in Rotterdam in 1966, today Vitol serves its customers from some 40 offices worldwide. Revenues in 2024 were $331bn.

For more information: vitol.com

Job Description

The Regional Tax Executive plays an essential role within the APAC Tax team, supporting the Regional Tax Managers with a focus on indirect tax compliance and tax system automation for APAC region, You are expected to assist in direct tax and transfer pricing compliance, where necessary, and will be given the opportunity to serve as a key liaison between the APAC Tax team and cross-functional business stakeholders on regional tax projects.

Responsibilities:

1. Tax Systems & Technology Integration

• Triage tax issues raised by users to identify root causes and support/resolve accordingly.
• Collaborate with IT teams/system developers to translate business/tax requirements into technical solutions, as well as to test, implement and enhance tax technology solutions for automation and efficiency.
• Participate in implementation projects for in-house developed tax engine & new e-invoicing scheme.
• Evaluate and recommend new technologies that can improve direct tax and indirect tax work processes.

2. Tax Process Optimization & Risk Management

• Support the Regional Tax Managers on tax risk management for APAC region, with a primary focus on Singapore entities.
• Identify opportunities for streamlining and improving direct tax and indirect tax work processes to enhance efficiency and accuracy.
• Design and implement best practices to optimize workflows and ensure compliance with relevant tax regulations.
• Collaborate with cross-functional teams to implement changes in tax processes, systems and/or compliance requirements, including providing training to internal teams and users on process improvements, ensuring awareness and adherence to compliance standards.
• Maintain comprehensive documentation of direct & indirect tax work processes and internal controls/procedures.

3. Tax Compliance & Provision

• Assist in preparing tax schedules and managing tax compliance reporting and payment deadlines and other related matters for entities within the APAC region (i.e. GST, VAT, CIT, WHT, TP), including working with external tax agents and reviewing their deliverables.
• Assist in preparing monthly tax provisions for Singapore entities.
• Assist in preparing responses to information requests by tax authorities.
• Assist in preparing & liaising with external tax consultants on Assisted Compliance Assurance Programme (“ACAP”) for GST, Tax Risk Management and Control Framework for Corporate Income Tax (“CTRM”), BEPS Pillar Two and transfer pricing documentation.
• Keep abreast of changes and/or developments in tax laws and administrative practices for APAC and analyse the corresponding implications.

Qualifications

• Bachelor’s degree in Accountancy, ACCA or equivalent.
• 6-8 years of relevant experience in corporate tax and/or GST/VAT, with prior experience in a Big 4 accounting firm or MNC.
• Knowledge and experience working with tax technology solutions is a must.
• Excellent problem-solving and communication skills, with the ability to communicate tax technical issues, especially with non-tax professionals.
• Effective in influencing and collaborating with cross-functional teams.
• Familiar with tax laws within the APAC region.
• Proactive and hands-on attitude.
• Meticulous with keen attention to details.
• Able to multi-task and work under reasonable pressure and meet tight deadlines.
• Team oriented and process driven.

Additional Information

Only successful candidates will be contacted.