Chief Tax Officer
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Chief Tax Officer
Bridgetown, Saint Michael, Barbados
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Job Openings Chief Tax Officer
About the job Chief Tax Officer
Job Description: Chief Tax Officer (CTO – Tax)
Industry: Banking, Financial Services, Insurance, Investment
Job Type: Full-Time
Reporting To: Chief Financial Officer (CFO)
Job Summary
The Chief Tax Officer (CTO – Tax) is responsible for overseeing the organization's global tax strategy, compliance, planning, and risk management. This role ensures full compliance with local and international tax regulations while optimizing the organization's tax position and supporting strategic financial decisions.
The CTO (Tax) plays a key role in managing tax risks, handling regulatory interactions, and advising executive leadership on tax implications of business activities, investments, and transactions.
Key Responsibilities
1. Tax Strategy & Planning
Develop and implement tax strategies aligned with organizational goals
Optimize tax structures to improve efficiency and minimize liabilities within legal frameworks
Advise leadership on tax implications of business initiatives, investments, and expansion
Support mergers, acquisitions, and restructuring from a tax perspective
2. Tax Compliance & Reporting
Ensure timely and accurate filing of all tax returns (corporate tax, VAT, withholding tax, etc.)
Oversee tax accounting and reporting in line with IFRS/GAAP standards
Ensure compliance with local and international tax regulations
Monitor changes in tax laws and assess their impact on the organization
3. Tax Risk Management
Identify, assess, and mitigate tax risks across the organization
Establish strong tax governance and internal control frameworks
Manage tax audits, disputes, and litigation with tax authorities
Ensure proper documentation and transfer pricing compliance
4. Regulatory & Stakeholder Management
Act as the primary point of contact with tax authorities and regulators
Manage relationships with external tax advisors, auditors, and consultants
Support communication with executive leadership and Board on tax matters
Ensure transparency and compliance in tax disclosures
5. Transfer Pricing & International Tax
Oversee transfer pricing policies and documentation
Ensure compliance with international tax standards (e.g., OECD guidelines, BEPS)
Manage cross-border tax issues and global tax structuring
Support international business operations and expansion
6. Leadership & Team Management
Lead and develop the tax team
Establish performance standards and accountability
Foster a culture of compliance, integrity, and continuous improvement
Support talent development and succession planning
Key Requirements
Education
Bachelor's or Master's degree in Accounting, Finance, Law, or related field
Professional certifications such as CPA, ACCA, CA, or CTA are highly preferred
Experience
12–18+ years of experience in tax, accounting, or finance roles
Proven experience in senior tax leadership roles (e.g., Head of Tax, Tax Director, CTO – Tax)
Strong background in tax compliance, planning, and risk management within financial services
Skills & Competencies
Deep knowledge of tax laws and regulations (local and international)
Expertise in corporate tax, VAT, transfer pricing, and tax structuring
Strong analytical and strategic thinking skills
Risk management and compliance expertise
Leadership and team management
Excellent communication and stakeholder engagement
Problem-solving and decision-making ability
Key Performance Indicators (KPIs)
Tax compliance and timely filing of returns
Effective tax rate optimization
Resolution of tax audits and disputes
Strength of tax governance and internal controls
Accuracy of tax reporting and disclosures
Minimization of tax risks and penalties
Preferred Attributes
Experience in multinational financial institutions or complex tax environments
Exposure to international tax frameworks and cross-border transactions
Strong relationships with tax authorities and advisors
Ability to operate in a highly regulated and dynamic environment
Compensation & Benefits
Competitive executive salary
Performance-based incentives
Executive benefits and allowances
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Job Description: Chief Tax Officer (CTO \u2013 Tax)
\nIndustry: Banking, Financial Services, Insurance, Investment
\nJob Type: Full-Time
\nReporting To: Chief Financial Officer (CFO)
\nJob Summary
\nThe Chief Tax Officer (CTO \u2013 Tax) is responsible for overseeing the organization's global tax strategy, compliance, planning, and risk management. This role ensures full compliance with local and international tax regulations while optimizing the organization's tax position and supporting strategic financial decisions.
\nThe CTO (Tax) plays a key role in managing tax risks, handling regulatory interactions, and advising executive leadership on tax implications of business activities, investments, and transactions.
\nKey Responsibilities
\n1. Tax Strategy & Planning
\nDevelop and implement tax strategies aligned with organizational goals
\nOptimize tax structures to improve efficiency and minimize liabilities within legal frameworks
\nAdvise leadership on tax implications of business initiatives, investments, and expansion
\nSupport mergers, acquisitions, and restructuring from a tax perspective
\n2. Tax Compliance & Reporting
\nEnsure timely and accurate filing of all tax returns (corporate tax, VAT, withholding tax, etc.)
\nOversee tax accounting and reporting in line with IFRS/GAAP standards
\nEnsure compliance with local and international tax regulations
\nMonitor changes in tax laws and assess their impact on the organization
\n3. Tax Risk Management
\nIdentify, assess, and mitigate tax risks across the organization
\nEstablish strong tax governance and internal control frameworks
\nManage tax audits, disputes, and litigation with tax authorities
\nEnsure proper documentation and transfer pricing compliance
\n4. Regulatory & Stakeholder Management
\nAct as the primary point of contact with tax authorities and regulators
\nManage relationships with external tax advisors, auditors, and consultants
\nSupport communication with executive leadership and Board on tax matters
\nEnsure transparency and compliance in tax disclosures
\n5. Transfer Pricing & International Tax
\nOversee transfer pricing policies and documentation
\nEnsure compliance with international tax standards (e.g., OECD guidelines, BEPS)
\nManage cross-border tax issues and global tax structuring
\nSupport international business operations and expansion
\n6. Leadership & Team Management
\nLead and develop the tax team
\nEstablish performance standards and accountability
\nFoster a culture of compliance, integrity, and continuous improvement
\nSupport talent development and succession planning
\nKey Requirements
\nEducation
\nBachelor's or Master's degree in Accounting, Finance, Law, or related field
\nProfessional certifications such as CPA, ACCA, CA, or CTA are highly preferred
\nExperience
\n12\u201318+ years of experience in tax, accounting, or finance roles
\nProven experience in senior tax leadership roles (e.g., Head of Tax, Tax Director, CTO \u2013 Tax)
\nStrong background in tax compliance, planning, and risk management within financial services
\nSkills & Competencies
\nDeep knowledge of tax laws and regulations (local and international)
\nExpertise in corporate tax, VAT, transfer pricing, and tax structuring
\nStrong analytical and strategic thinking skills
\nRisk management and compliance expertise
\nLeadership and team management
\nExcellent communication and stakeholder engagement
\nProblem-solving and decision-making ability
\nKey Performance Indicators (KPIs)
\nTax compliance and timely filing of returns
\nEffective tax rate optimization
\nResolution of tax audits and disputes
\nStrength of tax governance and internal controls
\nAccuracy of tax reporting and disclosures
\nMinimization of tax risks and penalties
\nPreferred Attributes
\nExperience in multinational financial institutions or complex tax environments
\nExposure to international tax frameworks and cross-border transactions
\nStrong relationships with tax authorities and advisors
\nAbility to operate in a highly regulated and dynamic environment
\nCompensation & Benefits
\nCompetitive executive salary
\nPerformance-based incentives
\nExecutive benefits and allowances
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