jobs in PayNet (Payments Network Malaysia)

PayNet (Payments Network Malaysia) Hiring! Full Time Team Lead, Tax in Federal Territory - Ricebowl

Team Lead, Tax

PayNet (Payments Network Malaysia)

Undisclosed

KL City, Federal Territory

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Working Location

  • Jalan Sultan Mizan Zainal Abidin, Kompleks Kerajaan Kuala Lumpur Federal Territory Malaysia

Job Description

Responsibilities

Why PayNet / Why Now

  • PayNet operates at national scale where tax decisions directly affect sustainability, pricing, and regulatory credibility.
  • Growing platform complexity, new initiatives, and evolving tax rules increase the importance of upfront tax structuring.
  • This role exists to move PayNet from reactive tax compliance to proactive, well‑considered tax planning.
  • Strong tax judgment today reduces structural risk and limits costly remediation later.

TL; DR

  • Reports to the Head of Financial Control and leads a small Tax team, ensuring work is well prioritised, delegated, reviewed, and delivered to a high standard.
  • Own tax planning and structuring across PayNet’s products, platforms, and initiatives.
  • Act as the internal authority on direct and indirect tax implications of business decisions.
  • Shape tax positions early, not after commercial or legal structures are set.
  • Balance tax efficiency with regulatory defensibility and long‑term sustainability.

Why This Role Matters

  • Poor tax structuring creates long‑term cost, audit risk, and reputational exposure.
  • Over‑conservative tax positions can unnecessarily constrain commercial outcomes.
  • Strong tax judgment enables confident decisions under regulatory scrutiny.
  • This role requires judgment over checklist compliance.

What You Will Actually Do

  • Shape tax planning and structuring for new initiatives, products, entities, and partnerships.
  • Own end‑to‑end tax analysis across direct and indirect taxes, translating rules into clear business implications.
  • Define and defend tax positions that are efficient, defensible, and aligned with PayNet’s risk appetite.
  • Lead technical tax input into contracts, pricing discussions, and business proposals.
  • Own tax compliance quality across filings, submissions, and audits, while guiding team delivery to ensure outputs align with planning intent.
  • Act as the primary technical interface with external tax advisors and authorities.

Examples of This Role in Practice

  • Advising early on transaction or operating model design to avoid structural tax leakage.
  • Challenging a proposed structure that appears efficient short‑term but creates future audit risk.
  • Translating complex indirect tax rules into practical guidance for product or finance teams.
  • Defending a tax position during an audit by clearly articulating intent, substance, and rationale.
  • Identifying opportunities to simplify or standardize tax treatment across platforms.

What Will Help You Succeed

  • Deep technical grounding in both direct and indirect tax, applied with commercial judgment.
  • Comfort influencing decisions without formal authority or team ownership.
  • Ability to think structurally, not just transactionally.
  • Strong written and verbal articulation of complex tax positions.
  • Curiosity about how business models, regulation, and tax intersect.

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