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Tax Analyst
Apply Job ID R000002907 Date posted 12/28/2020Chevron Holdings Inc. (CHI) is a pioneer and leading multi-function Shared Services Center in the Philippines located in Makati City. With a workforce of more than 1,000, CHI delivers business services and solutions in areas such as finance, human resources, procurement, sales and marketing support and information technology.
Chevron is now accepting applications for Tax Analyst.
Responsibilities includes but not limited to:
Delivering Results in Accordance to We Lead and Process Leadership
- Drive for results and take ownership of performance in accordance with the Chevron Way, the We Lead concept, and the FSS vision for process leadership and fiduciary oversight.
- Always understand the Tax Compliance workflow, the process objectives, the whys, the logic behind each steps and the risks involved within the process and likewise the process connectivity including its financial and enterprise connections with other processes within Chevron
- Develop expertise by reading and understanding tax regulations applicable to the process. Keep abreast with the updates of reporting regulations
- Deliver SBE commitments based on expertise not on routines. The commitments per SBE are as follows:
- CA/PA related transactions are accurately and promptly reviewed which covers withholdable both for manual and feeder transactions.
- Weekly accurate and timely review of vendor tagging for US vendors based on the FTB (Franchise Tax Board)/ PA Department of Revenue forms submitted
- Perform solicitation of FTB/PA Tax Exemption forms Forms
- 100% accurate and timely remittance of withholding tax payable to FTB which includes GO1627 (payment request) preparation
- 100% response to daily inquiries concerning amounts reported on form 592-B either from the vendors or Business Units (BU) timely and accurately
- 100% of government reporting will be prepared and submitted within the prescribed due dates.
- 100% of the government reports and forms are prepared accurately.
NOTE: Tax Compliance reporting activities include the following:
- Extract data from SAP, secure data from concerned stakeholders
- Review data for completeness and accuracy before preparing form Form 592 and 592B/ PA Reporting
- Download data to 1099 Pro for report preparation and submission to FTB and recipients
- Sustain strong internal control by ensuring compliance and performance of SOX controls related to the process
- Apply financial discipline and perform Accounts Reconciliation for assigned GL Accounts in accordance with FSS Accounts Reconciliation Standard
- Understand and be familiar with the 7 criteria for a reconciled account
- Understand the nature of the accounts and the related business drivers
- Exercise fiduciary oversight over scope of responsibility.
- Perform backup role as needed to ensure business continuity and the deliverables to the team are always met
- Initiate and implement process improvements to sustain/increase quality of work, realize efficiencies and/or make the processes more effective. Always streamline, improve and standardize. Trust the established process but exercise healthy skepticism as there is always opportunity to find process enhancements to eliminate complexities without sacrificing controls.
Organizational Capability and Employee Training
- Proactively participate in the PMP (Performance Management Process) with the supervisor. Responsible to update and monitor progress of agreed performance goals.
- Participate in self-study courses and read professional materials. Attend functional training and interact with industry counterparts. Monitor self-performance to ensure that individual goals are met.
- Build expertise in related tax regulations but keeping up to date with the related tax regulations by reading related tax literatures, FTB websites, etc.
- Proactively participate and follow fully in Finance Safety Programs
- Demonstrates We Lead behavior at all times. Expectations for the Tax Compliance Analyst taking on the We Lead role as “Everyone” and “Influencer.”
Building Relationships that add value to the Team
- Communicate effectively at all levels of the organization as a means to achieving individual and team goals
- Proactively anticipate, communicate and involve the right people.
- Share best practices and lessons learned within the team.
- Establish meaningful and productive relationships with key stakeholders of Tax Compliance Team (AP Teams, Treasury, PAD Support, Trading, BASSC and other key customers) that can contribute to the smooth delivery of performance goals and commitments.
Why join Chevron:
- Chevron is one of the world’s leading integrated energy companies and has been doing business in the Philippines for more than 100 years
- Chevron offers a competitive package and an opportunity to extend operational support for Chevron offices in five continents
- Chevron provides career development opportunities to all employees through onboarding, training and development, mentoring, volunteering opportunities and employee networking groups
- Chevron is proudly recognized as an employer of choice, guided by a vision of diversity, inclusion and a commitment to equal employment opportunity
- Chevron operates with the highest ethical standards and place the highest priority on the safety and health of its workforce and the protection of communities and the environment
- Chevron advocates work-life balance, promotes a healthy behavior in the workplace, and offers employees access to various health and wellness programs
- Chevron achieves operational resiliency thru the use of technology to enable employees to work from home amidst the COVID-19 pandemic
Recruitment Process and Onboarding during COVID 19 pandemic
HR initial phone screening, virtual processing for panel interview, job offer, medical assessment, onboarding and orientation.
Chevron participates in E-Verify in certain locations as required by law.