Senior Manager, Tax, SEA

Purpose & Overall Relevance for the Organization:

  • The Senior Manager Tax takes responsibility for substantial tax savings on the corporate level when supporting and providing governance for the tax function (internal and external) of South East Asia Countries including Singapore, Indonesia, Malaysia, Thailand, Vietnam and the Philippines (“SEA Countries”) and ensuring the timely and correct execution of all tax matters in the SEA Countries.

  • Supervise execution of tax compliance and support the Regional Tax lead in developing strategy across all functions and brands for the SEA Countries.

  • Support the Regional Tax lead in managing the effective tax rate for the SEA Countries through professional tax planning and strategic tax advisory as well as through effective tax risk management in particular with regard to local tax audits of the adidas company(ies).

 

Key Responsibilities:

  • The Senior Manager Tax has overall responsibility for the local tax controlling, strategic planning and overseeing compliance with local tax laws as well as adidas’ internal policies.

  • Give strategic advice on optimizing the design of tax efficient structures in local operating unit(s) and therefore has crucial impact on the local adidas P&L account.

  • Develop, communicate and control implementation of the global tax strategy for and of all related policies across the SEA Countries.

  • Lead and manage working groups composed of both internal staff and external resources in the SEA Countries (on a permanent or on project basis).

  • Manage the major tax audits of SEA Countries providing guidance on audit defense strategy, negotiating with local tax administrations on controversial issues and evaluating and deciding on audit settlement options. 

  • Plan and execute effective tax risk management (risk reporting, assessment of exposure, provisioning at local level where required, risk avoidance and minimization).

  • The Senior Manager Tax will be involved and participate in all major decisions in the SEA Countries, e.g. major contracts, major initiatives.

  • Review of the compliance by adidas companies with global strategy and policies and with national regulations in the SEA Countries.

  • Evaluate impact of changes in international (e.g. OECD, EU) and domestic law on adidas company(ies’) tax position.

  • Provide guidance to the adidas company(ies’) finance directors and tax professionals on the conduct in tax audits.

  • Align local practices with legal requirements to minimize the adidas’s tax exposure.

  • Optimize the adidas’s position with regard to the interdependence between transfer pricing, VAT/ indirect tax, corporate tax and customs valuation. 

  • As the Business Partner need to have operative credibility and knowledge to understand the interests of the Business, a deep function-specific issue identification capability and a mindset to foster a trustful partnership beyond tax.

  • High level of interfaces with executive management on a regular basis.

 

Key Relationships:

Internal

  1. Sales

  2. Finance

  3. Legal & Compliance

  4. Corporate Internal AuditStakeholders of cross-functional projects

External 

  1. Tax authorities

  2. Singapore Economic Development Board

  3. Commerce and economic department / bureau

  4. Statutory and tax advisors

  5. Law firms

 

Knowledge, Skills and Abilities:

  • Strong technical knowledge of local country tax regulations in the SEA Countries, including tax declaration requirements and ability to manage professionals in this area as well as deal with the tax auditors when required.

  • Professional communication and presentation skills. Excellent negotiation skills (both internally and externally).

  • Experienced in utilizing corporate accounting and reporting systems. SAP knowledge welcome.

  • Fluent in English

 

Requisite Education and Experience / Minimum Qualifications:

  • Bachelor’s Degree or above in finance / economics / taxation with professional qualification

  • 8 – 10 years of professional experience in multinational group or Big-4 Accounting firm.

adidas celebrates diversity, supports inclusiveness and encourages individual expression in our workplace. We do not tolerate the harassment or discrimination toward any of our applicants or employees. We are an Equal Opportunity Employer.

Job Title:  Senior Manager, Tax, SEA

Brand:  adidas
Location:  Singapore
TEAM:  Accounting & Finance
State:  01
Country/Region:  SG
Contract Type:  Full time
Number:  416532
Date:  Jun 19, 2022