Tax Accountant

Overview

Looking for full-time work (8 hours/day)

at $9.60/hour ($1,689.60/month)

Bachelors degree

Last Active

February 18th, 2025 (2 days ago)

Member Since

February 3rd, 2025

Profile Description

-Directly communicates with the tax manager regarding the status of engagements and findings related to tax matters.
-Fosters a positive relationship and maintains open lines of communication with various clients.
-Closely supervises the work of junior associates by reviewing their submitted workings in diversified engagements and guarantees the successful execution of delegated tasks.
-Responsible for reviewing tax return preparation engagements for a range of taxes, with a particular focus on Income Tax (including income tax for companies with special tax regimes and/or incentives and Gross Philippine Billings Tax), Withholding Taxes, and BIR Form No. 1709 (Related Party Transactions return) while ensuring timely and accurate filing of the necessary returns before the deadline.
-Leads various teams in significantly lowering the amounts of tax assessments audited by local tax authorities via thorough reconciliations while maintaining constant communication with the tax officials.
-Provides statutory audit support work by determining the accuracy and reasonableness of income tax obligations and deferred income tax reported in a client's tax return and financial statements (Income Tax/Deferred Income Tax Review). Also involves documentation of the flow of significant classes of transactions within significant processes as they pertain to tax accounts (Walkthrough, Test of Controls, and Substantive Testing related to tax accounts).
-Performs VAT Verification Review services in relation to a client’s claim for input tax refund which involves detailed review of the documents and information supporting the claims. This includes analysis of the information relating to the client’s sales and purchases transactions to ascertain whether VAT practices on such transactions would qualify for VAT refund and review of all the documents related to the VAT refund to check whether these are in accordance with the prescribed documentation requirements set forth by the tax authorities.
-Identifies and mitigates potential tax risks by conducting comprehensive business tax compliance reviews, which includes a detailed evaluation of a company's adherence to current laws and regulations and offers suggestions on how to improve company’s practices.
-Provides informed and knowledgeable responses to clients' inquiries on a wide array of tax-related issues.
Reviews the bookkeeping entries recorded by associates and confirms the correctness of the quarterly trial balance drafted for the client’s endorsement.
-Reviews the drafted request for payment for various suppliers and prepares the corresponding BIR Form No. 2307 (Certificate of Creditable Withholding Tax Withheld At Source) as required by the client.