Job Purpose
The Senior Manager, Tax, will be responsible for (i) tax reporting and compliance, (ii) tax management, (iii) taxplanning and tax strategy, and (iv) project and M&A/ transaction tax support, for Allianz in the region (primarilyfocused on Insurance businesses). As the regional tax subject matter expert, you will be one of the keycontacts for tax matters in the region, leading tax projects with minimal supervision, and this role will involvesignificant cross-team, function, and business liaison as well as interaction with regional tax/ finance andAllianz group tax (including with key stakeholders).
As the Senior Manager,Tax, you must be experienced in managing regional-level responsibilities given thatSingapore is an APAC regional office and coupled with the increased complexity of tax legislation and diversecompliance obligations across the Asia-Pacific region. You must ensure tax risks are well managed in theregion with different levels of sophistication of the tax authorities and business environment.
What you do
You will:
Tax reporting and compliance
- Oversee tax reporting of all Asian Operating Entity (OEs) and tax compliance activities in line with local andGroup requirements including effective tax rate analysis, review of quarterly IFRS tax reporting delivered byOEs
- Ensure a consistent approach to tax compliance, liaising with external tax agents preparing taxcomputations, returns, and submissions
- Ensure compliance with GST/ VAT/ transfer pricing regulations across the Asia Pacific region
Tax management
- Performs tax risk management for Allianz in the region, including working with the respective Head of Tax ineach Asian OEs
- Identification and assessment of uncertain tax positions, review and handling of tax audits andcontroversies (including interaction with tax authorities and regulators)
- Setting governance framework for the region/ implementing existing governance from the Allianz group/Group Taxation
Tax planning and tax strategy
- Coverage of tax services to all local Allianz OEs, esp. tax planning, international tax advice (tax treaties,withholding tax, global minimum tax), transfer pricing
- Supports senior management on day-to-day tax queries
- Monitoring and analysis of national and international tax developments (including BEPS Pillar 2)
Project and M&A/ investment transaction tax support on regional and local projects of the OEs
- Advisory on tax aspects of new M&A/ investment structures
- Negotiate tax-related clauses in SPAs, JVAs, subscription documents, side letters, etc
- Supporting Group approval committees from a tax point of view
Teaming and collaboration
- Builds interface and network with Head of Tax in each Asian OE and Group Tax in Germany
- Actively participate and collaborate with the team to ensure effective communication and smooth workflowmanagement by the team head
- Share knowledge and best practices with the team members to support a culture of learning and growth
What you bring
- Minimum 10 years experience as a Qualified Tax Adviser in tax, including 4 years experience in a senior level position
- Knowledge of insurance tax and international taxation with commercial acumen
- Knowledge of IFRS tax accounting
- Need to be an effective team player with a collaborative outlook
- Solution-oriented behaviour for complex tasks/ processes combined with a hands-on mentality
- Self-motivated, demonstrating initiative and a proactive approach
- Project Management: Ability to plan, organise, motivate, and control resources to achieve specific goals in a temporary endeavour
- Communication & Presentation: Ability to express ideas and messages clearly, both written and verbally. Ability to "sell" an improvised or prepared audience-winning story
- Change Management: Ability to transition individuals, teams, and the whole organization from a current state to a desired future state.
- Strategic Planning: Ability to develop, implement, and communicate strategies to address important trends or changes in the business.
- Analytical Problem Solving: Ability to analyse highly complex data, from multiple sources, in detail; identify and resolve issues before they transpire.
- Strong understanding of financials, cost management, and macroeconomic trends.
