Job Description

We’re JTI, Japan Tobacco International and we believe in freedom.
We think that the possibilities are limitless when you’re free to choose. In fact, we’ve spent the last 20 years innovating, creating new and better products for our consumers to choose from. It’s how we’ve grown to be present in 130 countries. But our business isn’t just business. Our business is our people. Their talent. Their potential. We believe when they’re free to be themselves, grow, travel, and develop, amazing things can happen for our business.

That’s why our employees, from around the world, choose to be a part of JTI. It’s why 9 out of 10 would recommend us to a friend. And why we’ve been awarded Global Top Employer status, six years running.
So when you’re ready to choose a career you’ll love, in a company you’ll love, feel free to #JoinTheIdea. (Learn more: jti.com) WHAT THIS POSITION IS ABOUT - PURPOSE The position is primarily responsible for the legal entity in supporting the Tax Management to:

• Ensure overall tax compliance at all times by providing education and tax advisory to the Legal Entity
• Satisfy external tax remittance, compliance and reporting obligations to the Bureau of Internal Revenue, Local Government Units, and other agencies based on rules and regulations for the Legal Entity
• Ensure proper and timely registration and securing of permit for HQ, branches, warehouses and other registrable facilities in collaboration with other functions
• Handle and close tax authority audits and refunds for the Legal Entity; act as the alternate liaison between the tax authorities, various relevant JTI functions and external consultants to ensure documentations, reconciliations and legal defenses are produced accurately and submitted timely in order to successfully close the audit or litigation
• Partner with the Tax Management in managing tax risks, driving tax compliance and improving tax-related processes across the legal entity by collaborating with all relevant functions, regularly assessing their tax compliance posture, and providing advisory support to resolve tax-related issues
• Deliver internal tax and accounting reportorial requirements in a timely and accurate manner for the Legal Entity

WHAT WILL YOU DO - RESPONSIBILITIES
Tax Compliance

• Obtain full understanding of the National Internal Revenue Code and Local Government Code and other related regulations. Obtain regular tax updates and assist in assessing and communicating the impact to entities in a timely manner.
• Partner with various stakeholders to assist Tax Management in driving compliance with all tax and related regulatory requirements in a timely and accurate manner.
• Engage with key stakeholders to assist Tax Management to train, orient or educate on relevant tax compliance requirements by conducting tax trainings or education sessions.
• Partner with relevant stakeholders to provide sound advice and guidance on the tax impact and acceptability of business projects, seeking guidance from higher tax management if necessary.
• Lead in discussions with external consultants on relevant tax matters.
• Partner with Tax Management in developing a high tax compliance culture and improving overall tax health to achieve audit-ready status at all times including assistance in establishing operations manuals, policies and procedures, and internal controls.
  

Tax Accounting & Reporting (Internal and External)

• Timely and accurately satisfy the entity tax remittance, compliance and reporting obligations with the Bureau of Internal Revenue (BIR) and other relevant agencies such as filing and payment of returns on Monthly & Quarterly VAT, Quarterly and Annual Corporate Income Tax, Monthly & Annual Withholding tax on compensation, Monthly and Annual Expanded and Final Withholding Taxes, Quarterly Fringe Benefit Tax, Excise Tax, Royalty Tax and PDP disclosures, Annual book and invoicing registrations (Computerized Accounting System or "CAS", Point-of-Sale devices or "POS"), Real Property Tax, Local Business and Transfer Taxes/permits/registrations/renewals and other additional reporting that may be required.
• Deliver quality, timely and accurate internal tax reporting requirements (e.g., Tax Pack, Tax accounts accounting, reconciliation and forecasts, JCFC and Entity Compliance Reporting)
• Ensure all tax accounts are clean and reconciled at all times.
• Collaborate with relevant functions to support Tax Management in performing the necessary financial analysis and simulations required for any tax risk or impact awareness.
• Support Tax Management in the review of contracts to anticipate tax risks and appropriately manage and communicate financial impact.

Tax Audits, Litigation, Refund and Health Checks

• Complete the necessary documentation and reconciliation in a timely and accurate manner to aid in the closure of tax audits
• Execute tax health check activities, JSOX and internal audit exercised by providing the necessary documentation and reconciliation in a timely and accurate manner
• Partner with Tax Management in monitoring tax issues and handling assessments from local government units in collaboration with various functions
• Partner with Tax Management in obtaining tax refunds by filing the relevant application and providing the necessary documentation/reconciliation in the prescribed format and in a timely and accurate manner, engaging tax consultants if necessary.

System and process improvement

• Identify system or business process control gaps or inefficiencies and implement improvements via cross-functional collaboration to ensure tax compliance.
• Represent Tax in the implementation of process changes where inefficient manual processes are identified. Work with IT to ensure necessary reports from local sales system are in place for all the areas under incumbent's responsibility.
• Ensure correct tax codes for sales and purchases are maintained in the system to ensure correct tax reporting.

Finished Goods Destruction

• Coordinate closely with Supply Chain, Finance and other relevant functions to ensure accurate and timely filing of applications to the BIR Audit Division relative to finished goods write off resulting from ordinary and casualty losses, and the subsequent responses to BIR requests for information;
• Provide sound tax advice to business to ensure documention related to the write off claim are accurate, complete and compliant;
• Work closely with the BIR and relevant JTI functions to successfully complete finished goods destruction and witnessing activities, and the timely submit post-destruction documentary requirements to the BIR to enable tax deduction.
• Follow through with BIR and obtain the approval and timely release of the related Certificates of Destruction and Deductibility for written off finished goods to enable tax deduction.

General Tax Advisory
Partner with the business and initiate tax compliance process improvements by:

• Scanning the legislative environment for tax changes and preparing/cascading impact analysis to the business
• Educating business with regards to tax impact of activities/transactions; conducting education sessions/training to business to promote tax & regulatory compliance;
• Attending to queries/clarifications from the business with regards to tax reporting and compliance; and
• Participating in cross-functional projects to develop and improve processes, policy and procedures, and internal controls.

Other

• Partner with Tax Management in finalizing engagement contracts with tax consultants including PR/PO and GR/IR creation;
• Prepare and provide tax certifications on sales and purchases to JTI counterparties relative to tax audits;
• Prepare and submit tax payment forecasts and explanation for variances to the tax authorities, with supervision from tax management.
• Manage various tasks and projects as they arise and upon manager’s request.

WHO ARE WE LOOKING FOR - REQUIREMENTS:

• At least 4 years experience Tax area preferably with Big 4 Firms or Multinational FMCG
• Intermediate to advanced proficiency in MS Office, mainly Excel (Functions / Formula), Word and Powerpoint.
• Good understanding of integrated systems (e.g. ERP) and BIR system. SAP knowledge is an advantage.
• University degree in Accounting
• Must be a CPA

WHAT’S IN IT FOR YOU?

• Work in JTI Philippines Headquarters Taguig and at LIMA, Malvar, Batangas
• Be covered with medical insurance upon hiring, with dependent coverage and medicine allowance
• Receive bonuses and cash allowances such as meal and transport allowance
• Have access to over 200 company training
• Well-being programs for employees
• Opportunities for your career growth
• Recreational facilities in the office - Videoke, billiard and table tennis
• Be part of a truly international and diverse company with over 40,000 employees in 130 countries.
• Experience the culture of an Investors in People certified company
• Find out why 9 out of 10 employees recommend us to a friend.
• Understand why 9 out of 10 employees say they feel free to be themselves.
  

WHAT ARE THE NEXT STEPS - RECRUITMENT PROCESS:

• Thank you very much for your interest in the role. You are welcome to apply.
• We will make sure every candidate will receive a reply within 2 - 3 weeks after the application deadline.