Job Title:  FIN_Grp Tax_AS

Job Description for FGS Tax – Asia ex Japan Tax – Asst. Manager – Manager

Nomura Overview:

Nomura is an Asia-based financial services group with an integrated global network spanning over 30 countries. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Asset Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com.

Nomura Services India, (Powai) supports Nomura’s businesses around the world. Powai’ s world class capabilities in trading support, research, information technology, financial control, operations, risk management and legal support have played a key role in facilitating Nomura’s global operations and are an integral part of Nomura’s global expansion plans. The Powai operation is a critical part of the platform to support the growth of Nomura’s global business.

Divisional Overview:

The Corporate finance team performs global and seamless Finance operations including trading and product control, Group financial reporting and disclosure, management information and reporting for decision support, planning and development of financial strategy including funding policies and financial analysis, funding and cash management, tax planning and reporting, investor relations management, and much more.

Business Unit Overview:

Tax team at Powai supports different regions in the Direct, Indirect & Transfer pricing streams. AeJ, EMEA and US Corp tax support Singapore, Hong Kong, Australia, Malaysia, UK, US and other global countries tax compliance and quarterly reporting. This involves day to day interaction with the regional managers and other stakeholders (other functions).

Position Specifications:

Role & Responsibilities:

Principal contact in relation to preparation, review and management of monthly, quarterly and annual tax provisioning and corporate tax compliance matters for Nomura entities in Asia. Responsibilities include:

• Preparation/review of corporation tax computations & returns, indirect tax returns and withholding tax returns
• Preparation/review of tax provisions under US GAAP on an accurate and timely basis
• Preparation/review of tax workings and disclosures within US GAAP & local statutory GAAPs
• Technical research in relation to tax matters of various Asian countries including Hong Kong, Singapore, Australia etc.
• Reviewing any new tax legislation that may impact the relevant entities (e.g. new CFC, CbCR rules, BEPS 2.0, Public CbCR etc.)  
• Liaising with and preparation of responses to tax auditors, tax authority enquiries / issues.
• Month end / quarter end / yearend tax reporting
• Liaising with contacts in Financial Accounting and other Finance teams
• Close liaison with country tax managers to ensure that all matters known by the tax department have been provisioned for appropriately
• Quarterly FIN48 reporting and tax provisions
• Further development and improvement of existing processes and internal controls for monitoring compliance for the tax accounting and tax compliance functions
• Legal entity rationalisation

Key Skills: