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Manager Direct Taxation

Req #: 1801338
Location: Karachi, Sind PK
Other Locations:
Job Category: Finance
Job Description
Mondelez International LLC is a whole new company that has been reimagined with a single focus in mind: create delicious moments of joy by sharing the world’s favorite brands. Launched on Oct. 1, 2012, and employing around 100,000 people around the world, Mondelez International comprises the global snacking and food brands of the former Kraft Foods Inc.
While Mondelez International LLC is new, our brands are as diverse and rich with heritage as the 170 countries in which our products are marketed. As the world’s pre-eminent maker of snacks, Mondelez International LLC has leading shares in every category and every region of the world in which it competes. The company holds the No. 1 position globally in Biscuits, Chocolate, Candy and Powdered Beverages as well as the No. 2 position in Gum.
Mondelez International LLC portfolio includes several billion-dollar brands such as Nabisco, Oreo and LU biscuits, Cadbury and Milka chocolate, Tang powdered beverages and Trident gums. Mondelez International LLC has annual revenue of approximately $35 billion and operations in more than 80 countries.
For more information, please visit:
http://www.mondelezinternational.com/ and http://www.facebook.com/mondelezinternational
               
  • Planning Tax saving strategies, work jointly with tax consultants for tax saving and compliance of the company direct tax matters
  • Obtaining exemption certificates for foreign payments, exemption u/s 153 and exemption u/s 148 of the income tax ordinance 
  • Support in Reporting of Income Tax Questionnaire and International Tax Questionnaire 
  • Ensure timely communication of all Budget and random changes to income tax law which affects mondelez to relevant stake holder.
  • Obtain advise from tax advisors for complex tax issues pertaining to direct tax and withholding tax for foreign payments  
  • Review monthly PSID prepared for weekly withholding tax 
  • Provide Supports for preparation of statutory tax working to EY and liaison with auditors for tax audits, review of Tax position summary and providing the same to external audit
  • Support in preparing monthly/Quarterly income tax withholding statements for onward submission to federal board of revenue and review submission compiled by EY
  • Prepare Schedule of advance income tax statement / Review EY Quarterly advance income tax statements for onward submission to federal board of revenue - Ensure compliance of quarterly tax return (advance tax return under section. 147 of income tax Ordinance, 2001).
  • Review Yearly income tax return for onward submission to federal board of revenue
  • Keep tracks of orders / Notifications / SRO issued during the month for changes in rate of taxes and updating system on regular basis
  • Ensure maintenance of 100% documentation of tax challans (evidence of tax deducted by vendors on behalf of Mondelez Pakistan Limited). As Mondelez Pakistan Limited has more than 500 vendors, therefore it is cumbersome to maintain record and documentation of all tax challans required to be maintained under income tax Ordinance, 2001. 
  • Responding to queries from Federal Board of revenue ( FBR), provide information and information of position to be taken to EY , prepare / review submissions made of queries to FBR as the case may be
  • Ensure over all direct tax compliance being lead in the local country and all filings as per the income tax law of Pakistan
  • Ensure completion of Income tax audit and monitoring proceedings of Withholding tax audits initiated by federal board of revenue
  • Supports for Monthly Current and Deferred Income tax entries in SAP – Prepare Blackline for the same.
  • Support EY by responding about Direct tax information required for tax accounting activities
  • Ensure compliance of transfer pricing regulations and handling transfer pricing audits / queries of FBR
  • Advice / interact with internal and external customer regarding direct tax and withholding income tax issues
  • Prepare for refund documentation support to take up refund verification exercise
  • Support in Internal audit of areas pertaining to direct tax
  • Handling random queries from regional tax planning, compliance and accounting teams
  • Preparing commentaries / memos for explaining the region about local laws, tax issues and tax orders issued to the company
  • Work jointly with finance controlling on legal levies of Workers’ welfare fund and workers profit participation fund
  • Facilitate in tax compliance of the Provident fund of the company
  • Maintaining archived information for support of direct tax audits, withholding tax audits and Transfer pricing audits and any other queries
  • Identification of UTB and its review on Quarterly basis
  • Ensure Compliance of SOX controls pertaining to direct tax
  • Discuss indirect tax issues with indirect team timely to asses impact on direct tax reporting
  • Maintain tracker of exemption certificates and import exemptions issued by vendors to ensure data is available at the time of audit / queries / orders raised by the tax authorities 
  • Ensure compliance of notices / order issued by Federal or Provincial authorities by compilation / extraction of data, review, providing them to tax consultant and resolving their queries with in short deadline of notices / orders
  • Ensure compliance of Ways of Working with EY , including but not limited uploading date through TAFI tool for compliance 


Qualifications

(a)Knowledge including: education, qualifications and training

  • Post Graduate / Masters Degree (Finance)
  • Deep understanding of organizational and individual development
  • Business acumen

(b)Skills
           
  • Strategic and analytical skills, ability to drive continuous improvement
  • High emotional intelligence and Interpersonal Savvy, feedback skills including good team management & development skills
  • Planning, priority setting, problem solving and monitoring skills
  • Good communication skills – both written and verbal
  • Advanced experience in using PC - particularly Excel/Powerpoint. MFG PRO/SAP experience would be preferred
(c)Experience 
           
  • This position requires a strong 4 + Years of experience in Tax compliance, Financial Accounting and reporting ideally with a MNC with exposure of tax

(d)Languages
  • Proficiency in English (Required) / Arabic (Preffered)
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