To reduce the Amended Returns for correction of figures to the 50% compared to 2015 in order to calculate accurately the annual tax provision, monitoring the tax figures of all latam entities each Quarter, as well as prepare the tax return for the 3 Mexican legal entities by December 31st 2016 duly on time according to Mexican regulations.
Description
Tax Analyst has to calculate the advanced payments month by month through the analysis of trial balances and accounts.
Monthly tax returns have to be filed before the 17th of the following month.
Informative returns have to be filed according to tax authority’s calendar.
Archive and have an accurate record of returns with their proper authorizations and payments.
Have reconciliations of tax accounts duly prepared.
Track and calculate Invoices made by 9714 Grupo and have a follow up of the pending balances.
By December 31st, calculate the annual tax payment scenario by preparing all the files requested by UK International Tax Direction.
Request the tax reconciliation template to Latam Entities each quarter and monitor the posted figures.
Prepare the tax reconciliation template of mexican Entities each quarter and monitor the posted figures.
Weighting
35
Due Date
12/31/2016

To obtain the 100% of VAT refunds and offsets as well as the Income Tax offset by the following month in case it is refunded automatically or by the end of the third month in case documentation is required, as well as train The AP responsible and the Royalties responsible giving them the know-how required for this task.
By December 31st, 2016, both trainees will have to be able to submit any tax refund or offset, the amount refunded will have to be 20 Million MXN at least whereas offset’s status will have to be “accepted” in a 100%, with the support of the Electronic Accounting Records that will be entirely functional with the same deadline.
Description
Tax Returns have to be filed before the 17th of each month in order to trigger the amount to be refunded or offset.
Within the current month the return is filed, the Informative Return of Transactions with Third Parties (DIOT)
Support documentation has to be gathered, inluding the electronic forms required by tax authorities.+
Tax analyst has to apply for the offset withing the 5 following days the original return was filed. Regarding VAT refunds, they have to be filed 10 days after the original return was submitted.
Monitor pending refunds and offsets everyday until they become successful.
In case tax authorities require further detail and information, prepare the propper files and file the answer within the following 20 days the requirement is received.
Train AP responsible and Royalties Responsible each time a refund or offset is submitted. Once they have acquired the proper knowledge, supervision will be required and then only review of final figures will take place.
Weighting
25
Due Date
12/31/2016

To reduce in a 50% (3.5 Million MXN) the Annual Transfer Pricing Tax Adjustment made to 9713 by the end of Tax Year 2016 compared to 2015 and historic results.
Description
To have a detailed analysis of transfer pricing scenario in Mexico, Colombia and Chile for 2015 and 2016.
Gather the information required to perform an analysis of current and historic operating margins.
Create an "if" scenario where financial information can be forecasted and analyzed.
Contact international Tax Director and Local Latam Tax Teams so an agreement of the process is reached.
Calculate the % of increase for sales to Colombia and Chile entities has to be done in order to meet TP Margins.
Evaluate the impact of the Charge Notes issued to Colombia and Chile and monitor the operating margins after the adjustment is performed.
Evaluate 2016 end-year numbers and decide if any extra adjustment needs to be done.
Explain and support possible variations from year 2014 to 2015 after the adjustment.
Evaluate the Transfer Pricing policy and suggest the appropriate modifications to the International Tax Direction.
Have the proper follow-up of this situation in 2016.
Weighting
30
Due Date
12/31/2016

To participate in the General Accounting area, focusin on the provision accounts entries made at month closing in order to be responsible for at least 2 of them by the end of December 2016.
Description
Prepare information at month closing with the General Accountant in order to gather all data.
Prepare provisions according to the information generated.
Post entries and have follow.-up on them.
Weighting
10
Due Date
12/31/2016