QUALIFICATIONS AND JOB DESCRIPTION
BA in Business Administration, Economics
Proficiency in English, MS Office Suit
Experience in Tax Audit Firm minimum 4 years
Strong oral and written communication skills
SMMM certification is preferred
Strong analytical skills
Advanced people skills in team problem solving situations
Adaptable style that is comfortable within a high energy, action-oriented culture
Excellent analytical and project management skills
Detail orientation, conscientious and energetic professional with ability to think creatively
Reporting all monthly financial statements in accordance with local statutory reporting and tax regulations,
Processing treasury and insurance operations in accordance with local and USGAAP requirement. Ensuring company tax position is optimized as supported by a low effective tax rate, by keeping abreast of all tax legislation and rolling out relevant mitigations across the company.
Tax
- Manage all tax issues for 3 legal entities
- Control monthly, quarterly and annual tax declarations (Income Tax, WHT)
- Control statutory accounting of transactions in order to comply with Turkish Uniform Accounting Principle. Ensure that legal books of the company are maintained up to date and according to legislation
- Thoroughly analyze the company's operations and determine/minimize tax risks (marketing activities, sales activities etc.). Keep up to date with new tax legislations, timely inform business partners and initiate risk mitigation actions to minimize tax risk
- Effectively leverage and manage 3rd party tax consultancy firms where required (in quarterly tax audit period or if there is a need for tax opinion in highly complex and technical issues)
- Prepare annual tax calendar of the company
- Maintain relations with tax inspector, the Tax Revenue services, and manage tax audit processes in collaboration with indirect tax manager. Be able to negotiate technically on several tax issues with inspector and Revenue services
- Direct tax declarations to the tax office via electronic base
- Prepare and account monthly Income Tax Accrual
- Prepare Annual Income Tax Accrual for AOP purposes within each AOP Phase I, Phase II, March Forecast and June Forecast
- Prepare monthly deferred tax calculation and submit necessary supporting schedules
- Analyze each month's Effective Tax Rate for USGAAP purpose, and explain /understand variances
- Ensure that Local and USGAAP tax accounts are reconciled each month
- Analyze non-deductible expenses monthly
- Analyze Full Certification Report annually
- Manage annual transfer pricing documentation process
Treasury
- Determine distributable profits and facilitate execution from tax & treasury perspective
- Monitor bank account balances and activity, and prepare Daily and Monthly Cash Projection to establish funding needs and invest surplus cash
- Support both domestic and foreign subsidiary funding and general cash management needs
- Process domestic and international electronic payments via on-line banking applications
- Responsible for ongoing bank account maintenance and supporting existing bank relationships
- Assist in the management of the investment portfolio in accordance with PepsiCo investment policy
- Assist in the preparation of investment reports and the development of investment strategies and other investment-related matters
- Assist in documenting and take role in formulating treasury policies and procedures and implementing treasury best practice solutions in all areas within the company
- Responsible of monitoring exchange rate and, interest risk and take position in order to minimize possible risks
- Review domestic and international cash flow forecasting to improve cash flow acceleration and manage currency exposures
- Responsible of Treasury compliance with Sarbanes Oxley requirements
- Analyze and makes recommendations regarding the costs and benefits of alternative banking services and products
- Evaluates processes within the department, analyzes problems and implements enhancements. Leads project teams and implements suggestions through new and revised procedures and system modifications
- Responsible of all reports in line with PepsiCo requirements and prepare all reports related to economic and financial markets
- Control year end month end cash flow and operating cash flow
- Responsible for education and performance appraisal of treasury personnel
- Responsible for implementing the procedures to secure proper insurance coverage of PepsiCo Turkey assets, business and liabilities.