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Manager (Finance - Tax & Payout Reporting)
3 weeks ago
[What the role is]
At IRAS, we partner you todeliver quality tax services and foster a competitive tax environment for our nation's social and economic growth. By leveraging digital capabilities as part of a future-ready team, your opportunities keep expanding.
As a Manager (Finance), you have a sound foundation in accounting concepts and possesses sharp, analytical mind with an ability to get to the heart of an issue. We offer you the space to participate in IRAS' transformation journey through different pathways. You will chart the organisation's direction by partnering our internal customers and also collaborate with external stakeholders to envision the future. The result? Your mark of insight which has created a dynamic, innovative organisation.
**[What you will be working on]**
As a manager in Finance - Tax and Payout Reporting team, you would be performing various roles in the team to support the team’s mission in reporting taxes collected/refunded by IRAS as an agent of the government, as well as reporting of enterprise payout disbursed, offsets and recovered by IRAS as a Centre of Excellence of Enterprise Disbursements.
Tax Administration
- Prepare the Statement of Moneys Collected on behalf of Government and supporting schedules after the closure of accounts for the financial year.
- Prepare the submission of returns to MOF according to AGD’s circulars.
- Prepare reports required for year-end closing of accounts in accordance to AGD’s Circular for FY closing arrangements.
Enterprise Disbursements
- Perform reconciliation activities and monitoring of investment of trust funds.
- Preparing annual financial statements for Trust Funds in compliance with relevant Trust Deeds.
Deployment of digital tools and automation
- Monthly Power BI dashboard reporting on revenue collections and grant disbursements.
- Develop Macro/RPA scripts to automate operational processes within the team to improve work productivity.
- Project involvement to review system requirements and perform user acceptance testing.
**[What we are looking for]**
- Preferably a background in Accounting
- Preferably with experienced in financial reporting and preparation of financial statements
- Good stakeholder management, networking, writing, and communication skills
- Meticulous and an aptitude for figures
- Strong analytical thinking skills and business acumen
- Resourceful and able to work independently
- Able to deploy new technology, analytics tools and dashboard to support key job functions
