Our Purpose
Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re helping build a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.
Title and Summary
Manager, Tax - Eastern Europe
Job Description Summary
This position will provide support to the Mastercard Tax team with respect to the overall effective tax planning, corporate tax compliance and risk management in the EE Division . The successful candidate will report to the VP Tax EEMEA based in Gurugram, India, and will work in close cooperation with the Tax Director based in Dubai. The position will ensure that tax opportunities are optimized and tax risks well managed in the EE Division with different tax systems, levels of sophistication of the tax authorities and business environment.
Key responsibilities are:
• Stewardship & compliance: overall responsibility for tax provision and statutory compliance which includes the following key areas:
ensuring a robust process is in place for the timely completion of tax provisions and ensuring the provisions are adequate;
working with the Finance function and external consultants for the timely completion and filing of tax returns and other compliance requirements where opportunities are optimized and tax risks areas are adequately addressed e.g. recommendation of a tax reserve to cover the amount at risk for a position taken in the tax return under both local and US GAAP;
Responsible for tax accounting under US GAAP including tax provision and tax reserves (ASC 740 and ASC 740-10) for both interim and annual periods;
Management of tax audits and development of strategies in closing the audits that is in the best interests of the Company.
• Business support:
Be a business partner with business units and other functions to deliver solutions that are tax efficient and at the same time meet their business objectives. This includes the review and provision of tax input on potential/new business cases, contracts, policies and guidelines. Examples - where the standard tax terms and clauses are not acceptable by the other contracting party, help the business team to craft terms that will be a win-win for both parties; and proposing changes to contracts/structures of deals that will result in tax savings or minimize tax compliance requirements; Participate in due diligence work for M&A initiatives;
Where regulations are being introduced that have a tax impact, to represent the tax function and work with the business units and other functions to develop and ensure that tax considerations are adequately taken into account in formulating a business plan that will meet the requirements of the regulations.
• Tax Planning: Work with the VP, Tax and Tax Director to develop and implement tax planning projects for the Region and be a major contributor in regional/global projects.
• Providing support to the VP, Tax in keeping the management and business partners abreast of tax developments that may have potential impact on their business objectives including conducting tax training as appropriate;
• Providing support to manage relationship with internal business partners and external parties such as outside counsel and government agencies for the Region.
All About You
• Tax experience in public accounting and industry, strong knowledge of the tax law and practice, and the latest tax developments of the Region. Also requires an in-depth knowledge of international tax principles and concepts to be able to assess if advice given by outside consultants is sound.
• Holding tertiary qualification, professional qualification preferred
• Competency in MS Office package
• Ability to learn fast and work independently.
• Very strong analytical skills to understand the business background, identify the potential tax risk/opportunity areas, map out different options, evaluate the pros and cons of each option and make the risk assessment in making the final recommendation.
• Excellent verbal and written communication skills
• Fluent English
• Team player with positive attitude
• Able to travel 15 to 20% of the time
• Knowledge of US GAAP will be an advantage
Corporate Security Responsibility
All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and, therefore, it is expected that every person working for, or on behalf of, Mastercard is responsible for information security and must:
Abide by Mastercard’s security policies and practices;
Ensure the confidentiality and integrity of the information being accessed;
Report any suspected information security violation or breach, and
Complete all periodic mandatory security trainings in accordance with Mastercard’s guidelines.
