Ahmad Syafiq Samid
Assistant Manager - Team Lead, Indirect Tax
Kuala Lumpur
Summary
Accountant with 9 years of professional experience and proven analytical skills in RTR Function and Indirect Tax. Accomplished Assistant Manager well-versed in end-to-end accounting process and Indirect Tax in commercial and SSC environments. Experienced with team leadership, project management and process improvements.
Overview
9
9
years of professional experience
Work History
ASSISTANT MANAGER – TEAM LEAD
KPMG ASPAC DELIVERY CENTER (ACDC)
03.2022 - Current
- Manages Indirect Tax onboarding from various acquired clients with multiple entities to the Delivery Center with different level of complexities while ensuring periodical compliance filings are submitted on time in smooth manner.
- Leads a team of maximum 11 members in providing high quality compliance deliverables to the clients.
- Performs due analysis and assessment on clients’ transition process to fit into company’s technology tools and automation and to identify possible Continuous Improvement (CI).
- Reviews and analyzes clients’ portfolios on Indirect tax process from multiple APAC and EMEA jurisdictions, e.g; Singapore, New Zealand, Philippines, Malaysia, Australia, UAE, Saudi Arabia.
- Manages stakeholders’ expectation and review compliance deliverables to ensure indirect tax (VAT/GST/SST/WHT) submission deadline to the local tax authority is met.
STAFF ACCOUNTANT II
MARSH & MCLENNAN
09.2021 - 02.2022
- Managed Fixed Asset and Reporting scope for Pacific region, including the preparation of Fixed Asset and Tax Balance Sheet Reconciliations.
- Addressed variances between Fixed Asset Subledger and General Ledger, identifying aged/ fully depreciated assets for write-off proposal and capitalizing Work-In-Progress assets.
- Led the consolidation and analysis process for audit queries while engaging with external audit and other stakeholders.
RTR TEAM LEAD UAE AND INDIA
GENPACT MALAYSIA
01.2021 - 09.2021
- Led a team of 5 members covering Middle East and India regions’ GL processes, ranging from GA, period end closing, reporting and Indirect Tax.
- Supervised overall monthly end-to-end R2R process and ensure timely closing and reporting.
- Reviewed monthly VAT reports for UAE regions to submit to local Federal Tax Authority.
- Performed quality accounting process and reports’ review and analysis while facilitating Continuous Improvement (CI), including SOP developments.
- Managed overall capability program for associates to ensure sustainability of capable and competent resources in relation to Indirect Tax and General Accounting process.
RTR ANALYST
GENPACT MALAYSIA
04.2018 - 12.2020
- Responsible for RTR Middle East General Accounting related activities ensuring that they are completed in time and in accordance to the set guidelines.
- Attended on-the—job trainings in Singapore for Intercompany and General Accounting related functions.
- Prepared monthly UAE VAT filing preparation to local authorities while monitoring movements in Tax General Ledger, resolving variance/miscalculated tax changes, if any.
- Prepared monthly adjustments for closing activities ranging from prepayments/ amortization, accruals, and Sales/COGS related to ensure correct reporting.
- Prepared monthly reconciliations, related reports and SOX Control related reports.
- Handled end-to-end Intercompany Activities from reconciliation and confirmation, invoice postings, to facilitating monthly netting activities.
INTERCOMPANY & TAX ANALYST
SCHLUMBERGER BUSINESS SUPPORT HUB
04.2017 - 04.2018
- Performed Intercompany reconciliation and confirmation for Russian and Central Asian GeoMarkets to ensure completeness and transactions’ accuracy.
- Investigated variances and prepared monthly journals to ensure variance fell below threshold, while working with counterparts/PIC top resolve variances.
- Physically involved in offshoring Intercompany function to counterparts in Chennai, India.
- Managed Indirect tax reporting (VAT and WHT) for Romania, including preparations of monthly tax submission reports to local authority.
- Prepared additional tax-related reports as per local authority’s requirements; Intrastat report as a member of EU, and environmental tax report.
ACCOUNTANT
PERTUBUHAN PELADANG NEGERI JOHOR PTE LTD
05.2016 - 04.2017
- Led the accounting team in PPNJ Poultry & Meat Pte Ltd (Subsidiary).
- Maintained accounting reporting portfolio; closing all accounts and finalizing Income Statements and Balance Sheet Reconciliations in timely manner.
- Prepared journals/adjustments on assets depreciation/disposals, payroll/employee benefit accruals, prepayment amortization and other month-end closing activities.
- Prepared bank and cash reconciliation, GST monthly filing submissions along with maintaining fixed asset register listing.
- Prepared monthly and yearly budgets, profit and cash flow projections while ensuring incurring expenses/expected incomes/projected sales/COGS fell within forecast.
Education
Bachelor of Commerce -
University of Melbourne
Australia06-2015
Skills
LEAN Certified
General Accounting
Intercompany Accounting
Indirect Tax Knowledge
Indirect tax expertise
Indirect tax compliance
SAP ERP experience
Oracle ERP experience
Data Analytic
Data Analysis
Leadership and People Management
Microsoft Office
Accomplishments
- R&R Q1 2024 for the contribution in managing one key client and Philippines’ tax jurisdiction.
- LEAN Certified (awarded for initiating simplification project - HFM Load Automation)
- Genpact Bronze Award Recipient Q3 2019 (awarded for contribution in standardizing processes in RTR GA UAE team by Continuous Improvement implementation)
- Genpact Bronze Award Recipient Q3 2018 (awarded for contribution in stabilizing RTR ICO process for Singapore, Hong Kong and Thailand)
Additional Information
Chu May Kwan; Associate Director
KPMG Delivery Network for Tax - ASPAC Compliance Delivery Centre Malaysia
Contact Details: +6019-5521277
Tiffany Png; Former RTR Manager
Genpact Malaysia Sdn. Bhd.
Contact Details: +6012-3741199
Timeline
ASSISTANT MANAGER – TEAM LEAD
KPMG ASPAC DELIVERY CENTER (ACDC)
03.2022 - Current
STAFF ACCOUNTANT II
MARSH & MCLENNAN
09.2021 - 02.2022
RTR TEAM LEAD UAE AND INDIA
GENPACT MALAYSIA
01.2021 - 09.2021
RTR ANALYST
GENPACT MALAYSIA
04.2018 - 12.2020
INTERCOMPANY & TAX ANALYST
SCHLUMBERGER BUSINESS SUPPORT HUB
04.2017 - 04.2018
ACCOUNTANT
PERTUBUHAN PELADANG NEGERI JOHOR PTE LTD
05.2016 - 04.2017
Bachelor of Commerce -
University of Melbourne
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