Job Description

Welcome to ConocoPhillips, where innovation and excellence create a platform for opportunity and growth. Come realize your full potential here.Who We AreWe are one of the world\xe2\x80\x99s largest independent exploration and production companies, based on proved reserves and production of liquids and natural gas. With operations and activities in 13 countries, we explore for, develop, and produce crude oil and natural gas globally. We are challenged with an important job to safely find and deliver energy to the world. Our employees are critical to our success, and with them we power civilization.We\xe2\x80\x99re grounded by our SPIRIT Values \xe2\x80\x93 safety, people, integrity, responsibility, innovation, and teamwork. These values position us to deliver strong performance in a dynamic business \xe2\x80\x93 but not at all costs. We believe it\xe2\x80\x99s not just what we do \xe2\x80\x93 it\xe2\x80\x99s how we do it \xe2\x80\x93 that sets us apart.We strive to make a significant difference in the communities where we live and operate. We create an inclusive environment that values all voices and opinions. Together, the different backgrounds, experiences, ideas, and perspectives of our employees drive our success.Job Summary The position reports to the Malaysia Tax Lead and assists in the management of the Tax function of the ConocoPhillips Malaysia Business Unit.This includes all advisory, planning, compliance and related accounting for all applicable Malaysian taxes (Petroleum Income Tax, Corporate Income Tax, e-invoicing, transfer pricing, Employer\xe2\x80\x99s Tax, Personal Income Tax, Withholding Tax, Sabah & Sarawak State Sales Tax, and Sales & Service Tax), as well as U.S. GAAP and Malaysian financial tax accounting and reporting.Primary Functions/Responsibilities:Practical, applied and highly reliable knowledge of Tax methods and processes gained by on-the-job experience or professional qualifications.Demonstrates financial, economic and business acumenAccurate and timely compliance for all taxes applicable to the ConocoPhillips Malaysia business unitMonitor significant proposed and/or pending Malaysia tax legislation and communicate potential financial impact on earnings to leadership locally and in the U.S.Coordinate with headquarters on tax planning efforts for existing assets and/or potential new business opportunities to ensure the most tax efficient structure from a global tax planning perspective.Creates and maintains network internally between finance department and other functions in the organization, and externally with various government agencies, industry players and other stakeholders.Calculate tax numbers in all forecast, planning and economic models. This includes review of assumptions and detailed calculations.Performs income tax accounting and reporting for Petroleum & Corporate Income Tax, including but not limited to:Monthly calculation of current and deferred income tax accruals in accordance with U.S. GAAP (ASC 740)Preparation of periodic effective income tax rate reconciliationsReconciliation of estimated accrued income taxes to actual Petroleum Income Tax ReturnsQuarterly reporting of Sarbanes-Oxley (SOX) reporting and FIN 48 itemsWork with external tax agent and COP US transfer pricing team to ensure preparation of contemporaneous Malaysian transfer pricing documentation and compliance with global transfer pricing requirementsOther ad hoc advisory, planning & implementation projectsRequirements:Finance or Accounting degreeProfessional qualifications in tax and/or accountingMinimum 7-10 years of experience in a Tax roleTechnical Skills:Strong knowledge of Malaysian tax, reporting and audit requirements, in particular:Petroleum Income taxCorporate income taxTransfer pricingFinancial accounting and reporting knowledge, especially tax accounting concepts:FIN 48/ASC 740, US GAAPIAS 12, IFRSStrong analytical and technical skillsExperience in the upstream Exploration & Production industry, and multinational companies, is preferredPersonal Skills:Self directed, flexible and collaborativePlanning and organizing (nature of BU and workload will demand multi projects at one time)Great at building and maintaining relationships within ConocoPhillips, and with business partners and government authoritiesKey Interfaces:ConocoPhillips Malaysia business unit leadership teamConocoPhillips Finance and Tax teams in Malaysia and in CorporateBusiness partners \xe2\x80\x93 JV Partners and PETRONASGovernment authorities \xe2\x80\x93 Ministry of Finance, IRB, CustomsHSE RolesComply with HSE policies, Life Saving Rules, procedures, goals and programs within the MBU HSE Management SystemActively engage in and contribute to HSE communication and consultation processesActively participate in HSE initiatives and programs that include but not limited to, Safety Observations and HSE TrainingsSupport company sustainability development (SD) initiatives and other environmental policies and practicesApply Before: August 2, 2024Sponsorship:EEO:

ConocoPhillips