Tax, Treasury and Statutory Reporting for TWE China
- Manage relationship with external fapiao provider (Number 2), ensuring delivery to agreed service level performance metrics.
- Closely monitor the domestic invoicing process to ensure local practices comply with tax bureau requirements.
- Responsible for the routine tax filing and statutory reporting by working with external consultants.
- Work with external consultants to facilitate the preparation of PRC compliant financial records.
- Build up checking mechanism to mitigate tax risks, including data reconciliation, fapiao tracking, process review etc.
- Manage the monthly service charge out calculation and bookkeeping as per aligned approach with corporate tax
- Liaise with external auditors and TWE global team to complete the TWE China statutory audit.
- Liaison with treasury and TBS team to settle IC payments on timely basis and loan withdrawal based on cash flow status
- Liaison with local banks and SAFE on the foreign exchange management
- Provide professional guidance on financial accounting and tax to support regular business query
Financial Process Compliance
- Support setting up financial processes to meet local compliance requirement
- Act as gatekeeper on PTP process to ensure documents submitted for payment meet compliance requirement
- Perform self-check on regular basis to ensure consistent execution of applied controls
- Proactively call out risk area and work with stakeholder on mitigation plans
Ad hoc / Project
- Support various tax projects, ad hoc external / internal audit requests
- Build up local accounting and tax expertise; and conduct regular training sessions to key stakeholders.
- Ad hoc support per project base.