Job description:
Summary
The Tax Specialist will manage all aspects of tax compliance and advisory for upstream and downstream oil & gas operations in Thailand. This includes handling Petroleum Income Tax (PITA), Corporate Income Tax (CIT), VAT, WHT, and other sector-specific obligations. The role ensures full compliance with Thai tax laws and supports strategic tax planning to optimize fiscal efficiency and mitigate risks.
Key Responsibilities
Petroleum Tax Compliance
- Prepare and file Petroleum Income Tax (PITA) returns for concession and production sharing contracts.
- Calculate and report royalties payable to the Thai government.
- Ensure proper treatment of capital expenditures, depreciation, and non-deductible items (e.g., interest expenses unless capitalized)
- Maintain dual reporting where applicable (PITA and CIT).
Corporate & Indirect Tax
- Manage VAT submissions, including reverse charge mechanisms and input VAT tracking.
- Prepare and submit Withholding Tax (WHT) returns, applying treaty benefits under Double Tax Agreements (DTA)
- Handle Specific Business Tax (SBT) and Stamp Duty (SD) obligations.
Transfer Pricing & International Tax
- Prepare Transfer Pricing Disclosure Forms and documentation in line with Thai Revenue Department requirements.
- Monitor intercompany transactions and ensure arm's length pricing.
- Support cross-border tax planning and treaty applications.
Tax Advisory & Audit Support
- Advise internal stakeholders on tax implications of contracts, joint ventures, and asset transfers.
- Liaise with the Revenue Department during audits and disputes.
- Conduct tax research and prepare technical memos and presentations.
Regulatory Monitoring & Projects
- Stay updated on changes in Thai tax laws, including carbon tax and BOI incentives
- Participate in system upgrades and process improvements related to tax reporting.
- Support sustainability-related tax initiatives, including renewable energy incentives and carbon reporting.
Qualifications
Education
- Bachelor's degree in Accounting, Taxation, Finance, or Law.
- CPA or Master's degree is a plus.
Experience
- Minimum 3 years of experience in tax compliance, preferably in the oil & gas or energy sector.
- Familiarity with PITA, CIT, and international tax frameworks.
Skills
- Strong analytical and problem-solving skills.
- Proficiency in ERP systems (e.g., SAP) and Microsoft Office.
- Excellent communication skills in Thai and English.
- Ability to work independently and collaboratively.
Preferred Attributes:
- Experience with BOI incentives and carbon tax compliance.
- Exposure to upstream/downstream operations.
- Knowledge of international reporting standards and functional currency accounting.
Working Conditions
- Based at Sathorn, Bangkok with occasional travel to field sites or government offices.
- Standard working hours: MondayFriday, 8:00 AM 17:00 PM.
We offer:
- Values Based Organization
- Competitive Compensation & Benefits
- Safety Focused Culture
- Professional Development Opportunities
- Collaborative in office work environment, supportive team members
Enerflex is an Equal Opportunity Employer
Enerflex grants equal employment opportunity to all qualified persons without regard to race, color, sex, age, national origin, religion, genetic information, mental or physical disability, or any other characteristic protected by applicable federal, state, or local law. Equal employment opportunities are provided in recruitment, hiring, promotions, wages, benefits, and other terms, conditions, and privileges of employment.
Disclaimer
The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, tasks, duties, knowledge, skills, and abilities required.
