Summary
Overview
Work History
Education
Skills
Timeline
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MUHAMMAD AFIQ BIN RATASHA

Senior Tax Analyst
Semenyih

Summary

  • Results-driven tax accounting professional with a strong analytical mindset and expertise in Indirect Tax, Direct Tax compliance, analysis, and reporting. Skilled in implementing innovative solutions to strengthen internal controls, enhance process efficiency, and minimize tax liabilities. Proficient in industry-standard tools such as SAP, Blackline, Oracle Oscar, Pascal, and OneSource, leveraging technology to streamline workflows and improve operational effectiveness. Currently leading process automation and digitalization initiatives within the Carigali Hess Taxation Department, working closely with IT stakeholders to drive efficiency and compliance in a rapidly evolving regulatory landscape. Passionate about tax automation and transformation, I am committed to continuous improvement and innovation to optimize tax operations and deliver strategic value to the organization. PERSONAL STRENGHTS
  • Fast Learner & Adaptable – Eager to acquire new knowledge and continuously improve skills.
  • Insightful & Motivated – Driven by a strong desire to learn, grow, and gain hands-on experience.
  • Strong Problem-Solving Skills – Analytical mindset with the ability to identify and implement effective solutions.
  • Proactive & Self-Motivated – Takes initiative and demonstrates a high level of independence in tackling challenges.
  • Resilient Under Pressure – Thrives in fast-paced environments while maintaining accuracy and efficiency.
  • Collaborative Team Player – Works effectively in diverse teams, contributing to shared goals and fostering a positive work environment.

Overview

10
10
years of professional experience
2014
2014
years of post-secondary education

Work History

Senior Tax Executive

Carigali Hess Sdn Bhd
05.2023 - Current
  • Achievements
  • Tax Compliance & Advisory
  • Act as the primary liaison with external tax consultants to ensure compliance and provide strategic tax recommendations
  • Serve as the key point of contact for Malaysia-Thailand Joint Authority (MTJA) and Shareholders' Tax on all indirect tax-related matters
  • Provide tax advisory and planning to Management and Shareholders, ensuring informed decision-making
  • Serve as focal point in regarding tax related matters during Invitation Tender Briefings
  • Audit & Regulatory Engagement
  • Manage tax audits and investigations, advising shareholders on potential issues and implementing strategic solutions
  • Ensure compliance with direct and indirect tax regulations, addressing tax-related concerns proactively
  • Tax Operations & Compliance
  • Oversee the submission of tax returns (e.g., Withholding Tax (WHT), Corporate Income Tax (CITA), and invoice processing) to maintain compliance and minimize tax liabilities
  • Assist the tax team in resolving withholding tax and Sales & Service Tax (SST) matters related to vendors
  • Determine the Tax Code for each invoice in Smart GEP
  • Process Improvement & Digital Transformation
  • Lead process automation and workflow enhancements, improving efficiency and accuracy in tax operations
  • Focal for the SST refund automation project (STP22) for both legacy and current operations
  • Drive the e-invoicing implementation project, representing the Business Support Department (IT, Supply Chain & Accounts Payable).

Senior Operational Controllership Analyst

Baker Hughes (M) Sdn Bhd
08.2017 - 05.2023
  • Responsibilities & Achievements
  • Tax Compliance & Reporting
  • Prepared and submitted periodic Withholding Tax (WHT) and Value Added Tax (VAT) filings for multiple reporting entities, ensuring compliance with submission deadlines
  • Conducted random transaction checks to verify accurate tax code usage and compliance with local regulations
  • Performed VAT and WHT reconciliations against the general ledger and revenue reports to ensure accuracy
  • Audit & Regulatory Compliance
  • Assisted in tax audits and negotiations with tax authorities for global tax audits, ensuring adherence to regulatory requirements
  • Provided expertise and guidance to business and support units on indirect tax (IDT) matters, acting as a subject matter specialist
  • Monitored updates on local tax regulations related to VAT and WHT to maintain compliance and advise on necessary adjustments
  • Process Standardization & Continuous Improvement
  • Implemented best practices for indirect tax processes, proactively identifying and driving continuous improvement initiatives within the team
  • Standardized tax processes across multiple countries, ensuring consistency in filing positions and documentation
  • Successfully supported Middle East and Asia Pacific regions on IDT-related matters, demonstrating strong regional expertise
  • Operational Support & Issue Resolution
  • Liaised with cross-functional teams to address unusual or abnormal tax situations, ensuring proper VAT and WHT treatment
  • Resolved or escalated tax-related queries efficiently, ensuring smooth operations and compliance.

Young Tax, Associate II

Ernst, Consultant
01.2015 - 08.2018
  • Achievements
  • Corporate & Individual Tax Compliance
  • Prepared and submitted corporate tax returns (Form e) and individual tax returns (Form e, B, BE, M), ensuring timely and accurate filings
  • Managed the submission of company tax estimates (Form CP 204) and variation of tax estimates (Form CP 204A) to the Inland Revenue Board (IRB)
  • Assisted in preparing and submitting revised individual tax estimations (Form CP 501) as required
  • Tax Advisory & Regulatory Liaison
  • Provided tax planning and advisory services, identifying optimal tax deduction strategies for clients
  • Acted as a liaison between clients and IRB officers for matters such as tax audits, refunds, and balance tax payments
  • Assisted expatriate employees in obtaining tax clearance letters from the IRB, ensuring compliance with expatriate tax regulations
  • Audit & Compliance Support
  • Compiled and submitted necessary documents for tax audits, working closely with IRB officers
  • Responded to inquiries from external auditors and regulatory authorities, ensuring accurate and complete tax documentation
  • Client & Business Development
  • Conducted accounting requirement assessments for potential clients during discovery meetings
  • Performed monthly, quarterly, and annual bank reconciliations for corporate clients
  • Proactively networked and marketed tax services to expand the firm's small business client base
  • Key Achievements
  • Process Automation & Digital Transformation
  • Automated Thai Withholding Tax (WHT) return via SAP, streamlining tax filing efficiency
  • Led the full automation of the SST refund process (STP2), improving refund accuracy and processing speed
  • Successfully automated the WHT certificate issuance process, reducing manual workload and errors
  • Developed Optical Character Recognition (OCR) for invoice processing, ensuring accurate SST and WHT determination
  • Key driver of e-invoicing implementation, enhancing compliance and efficiency in tax reporting
  • Focal tax representative for supplier database setup in the supply chain third-party system, ensuring tax compliance from the outset
  • Tax Compliance & Financial Impact
  • Consistently secured SST refunds from Royal Malaysia Custom Department, reinforcing strong compliance and regulatory adherence
  • Awarded the Bravo Award for improving the accuracy of Tax Bureau statements, leading to a GST refund of USD 101,000 and a waived penalty of USD 10,000, effectively protecting company value
  • Project Leadership & Process Improvements
  • Played a key role in the Baker Hughes – General Electric merger and demerger migration project, ensuring seamless knowledge transfer
  • Led workflow and process improvements in migration projects, enhancing operational efficiency
  • Improved invoice processing for both AP & AR, minimizing tax application errors and enhancing compliance
  • Cleared backlog accounts for both Baker Hughes and General Electric, including aged open items, amendment filings, and reconciliation tasks.

Education

Bachelor - Accoutancy

University Islam Selangor

Skills

LANGUAGES

Timeline

Senior Tax Executive

Carigali Hess Sdn Bhd
05.2023 - Current

Senior Operational Controllership Analyst

Baker Hughes (M) Sdn Bhd
08.2017 - 05.2023

Young Tax, Associate II

Ernst, Consultant
01.2015 - 08.2018

Bachelor - Accoutancy

University Islam Selangor

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MUHAMMAD AFIQ BIN RATASHASenior Tax Analyst