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3M Tax Analyst - VIM (GSC Philippines) in Taguig, Philippines

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Job Description:

  • Full-time-equivalent (FTE) who will be hired for Indirect Tax Analyst position will support value added tax (VAT) related activities of 3M Group of Companies in the Europe, Middle East and Africa (EMEA) Region.

Indirect Tax Analyst responsibilities at the end state will include, but not be limited to the following:

General:

  • Analyze low to medium level discrepancies between SAP/Legacy and OneSource (OTD) tax calculation relative to various data elements (i.e., Ship to, tax authority, UNSPSC, customer exemption certificate, general ledger accounts, etc.) per validation against source documents (i.e., invoices, proof of delivery, etc).

  • Analyzes data for appropriate tax technical treatment, timely and accurate reporting.

  • Prepares data analytics for reporting to Global Indirect Tax organization, interdependent processes and other relevant decision-makers when requested with guidance from Specialist or Supervisor

  • Prepares VAT account reconciliation for low to medium risk tax returns

  • Provides subject matter expertise on assigned tax returns, collaboration with multiple teams, and/or leads team in tax compliance, governance or adhoc/special projects.

  • Prepares and file VAT returns & ancillary reports with low to medium complexity rating.

  • Processes payment of tax due/ monitoring of refund collection

  • Collaborates with teams and various work groups (IT Tax, RTR, STP, MDM, LEX, HTR) to resolve Tier 1 level issues in coming up with permanent fixes to resolve the root cause of the errors encountered, which can be in the form of ITSM ticket, change request (CR) or WRICEF (Workflow, Report, Interface, Enhancement or Form) in SAP and or BI/BW

  • Achieve KRA targets with Customer First and an operational excellence mindset

  • Adhere to statutory (tax) regulations, 3M Global Financial Standards (GFS), Sarbanes-Oxley (SOX) and other relevant regulations through controls mindset.

  • Ensures compliance with statutory (tax) regulations, 3M Global Financial Standards (GFS), Sarbanes-Oxley (SOX) and other relevant regulations through controls mindset.

  • Participates/leads projects related to 3M’s Business Transformation priorities (i.e., Polaris SAP deployment, Robotics & Process Automation (RPA), process standardization and various Lean Six Sigma (LSS) initiatives).

  • Participates in ad-hoc activities (i.e., internal/external audit, tax audit, etc) as needed. Takes ownership and initiative of assigned tasks

Basic Qualifications:

  • Bachelor level university college degree or higher in Tax or accounting preferred. Applicable professional certification preferred (CPA). In addition, a minimum of 0-1 year relevant working experience is normally required.

Skills:

  • Basic knowledge of theories/concepts and practices of Indirect Tax, particularly VAT/GST;

  • Develops knowledge of tax related master data including material master, vendor master, and financial master data;

  • Develops knowledge of assigned area of responsibility and 3M/multi-national company (MNC) structure, organization, and business;

  • Develops knowledge of ALM QC testing application and 3M testing procedures;

  • Basic knowledge in SAP/ Legacy system, HANA, Business Intelligence (BI)/ Business Warehouse (BW) and other connected applications [OneSource (Sabrix), Ariba, LCR Dixon, etc] is an advantage;

  • Knowledge in Microsoft Office, Alteryx and other data analytics and collaboration tools;

  • Knowledge in English (Writing, Reading, Listening and Speaking skills are preferred for this role)

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Please note: your application may not be considered if you do not provide your education and work history, either by: 1) uploading a resume, or 2) entering the information into the application fields directly.

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