Role purpose
* establish governance and controls over corporate tax reporting and compliance.
* define and maintain slas with areas providing data or documentation for tax filings and reporting.
* lead initiatives to improve and automate the compliance process.
main activities
* prepare and submit corporate tax reports under ifrs, including current and deferred tax, taxes paid and collected, effective tax rate, and the annual tax pack for all hsbc legal entities (individual and consolidated).
* provide detailed explanations and rationales for movements in current and deferred tax balances (balance sheet commentary) to financial accounting for external reporting.
* determine deferred income tax for ifrs purposes and report through the group system (saracen).
* perform tax compliance for select hsbc subsidiaries, including: monthly tax payments and filings, income tax returns
* current/deferred provisions (local and ifrs), diot and electronic accounting, effective tax rate calculations, profit-sharing forecasts
* address requests from external auditors related to tax matters.
* drive process optimization and working paper improvements, ensuring efficiency, consistency, and alignment with automation and system upgrades.
* define tax logic and structures in coordination with technology for strategic and tactical automation.
* provide daily tax advisory to internal functions.
* participate in special projects (e.g., mergers, restructures, recovery of favorable tax balances).
* monitor and manage tax risks.
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