International Tax Manager

Are you a talented and passionate international tax manager?

• Would you like to lead a team that develops new products for a new fin-tech company, specialized in attractive, secure and cost effective payment solutions?
• Would you like to help establish (international) tax and VAT standards from scratch?

Then we like YOU to join our dynamic PaySociety team.

About us

PaySociety (PS) is soon to incorporate, and will launch its own proprietary Global Payment Network & Associated Services. These new payment solutions will transform the daily payments, including shopping, restaurants, hotels, petrol stations, internet payments, payments for your business, sending funds overseas, by providing transactions which are secure, faster, and at lower cost. Following receipt of appropriate financial licenses, we anticipate a phased launch such that our Global Payment Network will enable associated services at phase 1 covering more than 30 countries, and with further phases reaching up to 70 countries.

Responsibilities

• Setting up, monitoring and maintaining an optimal tax implementation strategy and plan (“Tax Plan”) based on:
  • comprehensive knowledge and awareness of comparative international tax laws, regulations, and concessions available for R & D in the fin-tech area,
  • the business plan and other documentation, and
  • other prepared plans, like the IT development plan, the sales plan, policies and procedures;
  • monitored for the global parent, international parent, R & D parent, IT company and subsidiary companies of each of them;
  • maintain and monitor the company tax; withholding tax; sales tax; import duties and VAT/GST structures for a global fin-tech company in compliance with the Tax Plan;
  • In conjunction with Finance and Legal to prepare and communicate a budget associated with the Tax Plan, including further detailed tax planning, and the foregoing;
• Pricing agreements / inter-company pricing
  • Establish and support advanced pricing agreements and processes and assist in the valuation of intangible assets;
  • Evaluate financial impacts of inter-company prices and projections and modify the inter-company pricing and tax positions as appropriate;
  • Perform review of inter-company service charge-outs and assist in cost sharing calculations and associated documentation requirements;
  • Develop a strategy for local country revenue authority transfer pricing audits and support all ongoing transfer pricing audits;
  • Proactively mitigate transfer pricing exposures;
• Monitor and communicate to tax leadership on legislative developments, including developments related to the BEPS initiative;
• Direct the preparation of and lead the review of contemporaneous documentation reports, including the BEPS initiative;
• Advise on:
  • The optimal accounting structure in relation to the Tax Plan;
  • Tax consequences in the area of export controls;
  • Advise and in conjunction with Finance and Legal, to set up, maintain and monitor the transfer pricing procedures across the group of companies, including different profit and tax rate alternatives and to identify opportunities to strategically implement these structures to deliver effective tax rate and cash tax benefits;
  • Advise and in conjunction with Finance and Legal, to set up, maintain and monitor the most effective tax models for all entities across the group of companies - eg the relative merits between buy-sell, commissionaire v cost plus;
  • Optimal tax structure and consequences of employee share arrangements;
  • Optimal tax structure and consequences of the set up monitoring, and maintenance of a transaction payments solutions across multiple jurisdictions, and associated tax benefits from such multi-jurisdictional structure;
  • Optimal tax structure and consequences of managing the business and employment costs of a global structure through transfers and payments from company bank accounts held by different entities in the group and across multiple jurisdictions, and associated tax benefits from such multi-jurisdictional structure;
• To communicate and negotiate with outside consultants to develop appropriate comparable sets / ranges for bench-marking, and also with regulators and tax offices worldwide;
• To proactively support a global tax team as needed on tax planning projects, including recurring and non-recurring transactions, restructuring and other strategic issues; and
• To set-up and present monthly, quarterly and annual financial tax and compliance reports.

Qualifications

• Skill at drafting procedures and instructions for all tax processes;
• Experience with on-line and international payment systems;
• Experience in global VAT issues.
• Bachelor's Degree in Accounting or Finance, CPA and/or MST/MBA preferred;
• Between 3-10 years in either public accounting or industry accounting, with at least 3-5 years focused on international taxes;
• Strong international tax technical skills and base of accounting skills;
• Strong analytical, verbal and written communication, people, and organizational skills;
• Excellent interpersonal skills to liaise with cross-functional teams;
• Demonstrated ability to handle multiple projects, effectively prioritize, manage others, and meet deadlines;
• Highly motivated, aggressive, creative, articulate, results oriented;
• supervisory and project management experience;
• Ability to grow and change with the organization;
• Ability to adapt in a fast paced, dynamic and changing team environment is essential;
• Thorough knowledge of company ordinance, securities ordinance and listing rules;
• Legally sound, ethical and commercially minded;
• Strong leadership and excellent interpersonal, communication, analytical, advisory skills;
• Ability to work under pressure and meet tight deadlines;
• Experience in e-commerce fin-tech industry preferred;
• Flexibility to work outside of normal business hours to accommodate discussions and interaction with colleagues located in other regions and time zones, occasionally at short notice;
• previous experience of working in an international location, across different cultures and with teams based in different countries;
• frequent travel trips are required, to our global and expanding office network;
• Affection with IT and development;
• Flexibility and hands-on capabilities;
• Non-corporate attitude approach;
• Team player;
• Self-driven professional attitude;
• Willing to work in a dynamic environment;