Tax Lead, Purecircle

LOCATION:                    KL Eco City         

REPORTS TO:                CFO

DIRECT REPORTS:        None

WORKPLACE TYPE: Hybrid         

Company Background:

Ingredion is a Fortune 500 provider of ingredient solutions that helps nourish, comfort, sustain, and delight people around the world. Ingredion’s wide range of ingredient solutions is strategically designed to address changing consumer trends and preferences. Our specialty portfolio includes starch-based texturizers, clean and simple ingredients, plant-based proteins, sugar reduction and specialty sweeteners, and food systems. Our innovative ingredient solutions are used by consumers in everyday products, from foods and beverages to paper and pharmaceuticals. And we do it all in a planet-friendly sustainable manner.

We don’t just make ingredients. We create possibilities. Be What’s Next® with us.

The Tax Lead is responsible for the tax accounting and all tax related matters pertaining to the global PureCircle by Ingredion business.

Core Responsibilities:

Tax Reporting & Tax Accounting

Review entity tax provision (current tax & deferred tax) and prepare consolidated tax provision for:

• month end closing
• forecast (4 times in a year)
• Goal (Annual Budgeting)

Review entity submission and prepare consolidated submission for:

• Quarterly Reporting Package (4 times in a year)
• US Tax Package

Support and working closely with Corporate Tax Accounting Team based in US to:

• provide US GAAP tax accounting guidance, and
• implement/execute new initiatives and projects within PureCircle Group.

Tax Planning & Advisory

Transfer Pricing

• Working closely with external tax advisors and entity finance team to prepare transfer pricing documentations in accordance with local requirement.
• Prepare transfer pricing tracking, engage relevant business partners to ensure each entity is following the TP policy.
• Provide guidance for inter-company transaction.
• Manage inter-company agreements.
• Prepare TP reporting for submission to Corporate Tax

Tax Advisory

• Responsible to handle and manage application of tax incentives.
• Provide internal tax advisory and work with external tax advisors if required.
• Coordinate with local finance team and external advisors to work on significant tax matters
• Keeping abreast of latest tax developments and impact of new tax laws, regulations and rulings.

Tax Compliance

Oversight of tax compliance for the Group

• Review Tax Computation, Tax Return and estimate tax payment by working closely with entity finance and external tax advisor to ensure timely and accurate filing. (Malaysia, US, UK, India)
• Manage tax controversy matter within the Group.

Manage the tax audits process. Liaise with entity finance and external tax advisor to coordinate, facilitate and resolves tax audits.

General

Responsible to support, implement and execute new initiatives and projects from Corporate Tax. Act as key point of contact for Corporate Tax based in US. Manage tax advisors to ensure they have delivered their work in a timely manner and meeting the expectation. Support the management with additional ad-hoc tasks as required. Improve tax processes by developing or implementing best practices.

 

Qualified candidates will have:

Mandatory requirements:

• Business Degree / Professional Accreditation / MBA
• 10 years of Work experience in tax accounting, tax compliance, tax returns & tax planning
• US GAAP Tax & Local/Regional Tax proficient
• English fluency, both written and spoken

Required behaviors and skills:

• Able to excel under pressure with tight deadlines
• Analytical mindset with attention to details
• High technical ability and excellent interpersonal skills
• Highly organized and reliable with a strong sense of integrity
• Ability to work independently, result driven & highly motivated
• Meticulous and analytical

Relocation Available:

Yes, Within Country