Job Summary:

The Tax Specialist will support clients in managing their tax compliance, accounting, and financial reporting responsibilities. This role requires a deep understanding of Philippine tax laws and regulations, accounting practices, and the ability to provide clients with expert guidance in tax planning, reporting, and preparation. The Tax Specialist will work directly with clients to ensure compliance and optimize their tax positions.

Key Responsibilities:

• Tax Compliance: Ensure clients comply with all applicable tax regulations in the Philippines, including the Bureau of Internal Revenue (BIR) requirements. Prepare and file tax returns such as Income Tax, Value-Added Tax (VAT), Withholding Tax, and other required returns within deadlines.
• Tax Reporting: Prepare monthly, quarterly, and annual tax reports for clients, ensuring all financial statements reflect accurate tax calculations.
• Tax Advisory: Provide advice on tax strategies, deductions, and credits available to clients to minimize their tax liabilities while adhering to legal requirements. Advise clients on tax implications of transactions, investments, and business decisions.
• Tax Planning: Assist clients in planning and optimizing their tax positions to ensure efficient tax structures, taking into consideration both short-term and long-term financial goals.
• Tax Audits & Investigations: Represent clients during BIR audits and investigations, working closely with the tax authorities to resolve discrepancies or disputes. Prepare responses and supporting documentation as necessary.
• Tax Documentation & Filing: Maintain accurate and up-to-date records for tax filings and ensure that all tax-related documents are properly filed, stored, and easily accessible for audits or inquiries.
• Accounting Support: Work closely with the accounting team to ensure that tax-related accounting entries are accurate and compliant with accounting standards and tax laws.
• Client Liaison: Communicate with clients to address tax-related concerns, resolve issues, and provide insights on tax matters affecting their business operations.
• Continuous Learning & Development: Stay updated on changes to tax laws, regulations, and best practices in tax accounting in the Philippines. Participate in professional development activities and training.

Qualifications:

• Education: Bachelor’s degree in Accountancy, Finance, or Taxation. A master’s degree or a relevant professional certification is an advantage (e.g., Certified Public Accountant (CPA), Taxation Certification).
• Experience: Minimum of 2-3 years of experience in tax compliance, tax advisory, and accounting, preferably within an accounting firm or a corporate tax department.
• Skills & Competencies:
• Strong knowledge of Philippine tax laws and the BIR filing system, including income tax, VAT, tax treaties, and withholding tax.
• Proficiency in accounting software and tax preparation tools (e.g., QuickBooks, Xero, BIR e-filing).
• Excellent analytical, problem-solving, and organizational skills.
• Strong communication skills in both English and Filipino to interact effectively with clients, tax authorities, and internal teams.
• Attention to detail and ability to manage multiple deadlines efficiently.
• Ability to provide clear, concise tax advice and guidance to clients.
• Ability to work under pressure and handle sensitive financial data with discretion.

Certifications (preferably but not required):

• Certified Public Accountant (CPA) or Taxation Certification.
• Additional certifications such as Master in Taxation or training in tax law are an advantage.