Ernst & Young Tax Consultants Sdn. Bhd. (EY), in collaboration with Lembaga Hasil Dalam Negeri Malaysia (LHDNM), announced today the launch of the EY Young Tax Professional of the Year (YTPY) 2022 Malaysia competition. The tenth edition of the Malaysia program was launched at a virtual event, attended by undergraduates, management and academic representatives from institutions of higher learning, members of the media as well as EY leaders and LHDNM officials. The event included a sharing session by previous EY YTPY winners and judges.
Malaysian undergraduates or post-graduates, enrolled in local or foreign universities, are invited to vie for the opportunity to represent Malaysia at the international EY YTPY competition. At the international final, the Malaysian representative will compete with other country representatives from around the world for the title of “EY Young Tax Professional of the Year”.
Last year, the national winner, Hajar Nadhirah, emerged as one of the top 10 finalists at the EY Young Tax Professional of the Year international final.
Participating in the EY YTPY Malaysia competition
Interested Malaysian participants are required to submit their response to a case study by Friday, 22 July 2022. The response, to be submitted in the form of a PowerPoint presentation and a video presentation, will be assessed for individual evidence of critical thinking and analytical strengths, creativity, commercial awareness and executive presence.
A shortlist of 15 semi-finalists will then be challenged with a case study and be invited to meet and present their findings to a panel of judges, headed by a representative from LHDNM. Six finalists will then be shortlisted, and the top three winners of the EY YTPY 2022 Malaysia competition announced thereafter.
Building tax leaders through EY YTPY
Farah Rosley, Malaysia Tax Managing Partner, Ernst & Young Tax Consultants Sdn Bhd. said, “In this everchanging global landscape, it is indeed an exciting time to be in the tax profession as taxation plays a critical role in many aspects of the global economy and Tax professionals need to be future-ready. Through the EY YTPY program, we aim to nurture and build the knowledge, skills and capabilities of our young talent to become potential Tax professionals and leaders. This is in line with the EY purpose of building a better working world, particularly for our future generations.”
“We are excited to see more students pursuing Tax as a potential future career through the EY YTPY program over the past decade and look forward to the continued support of all our stakeholders, including institutions of higher learning, to encourage our youth to participate in this competition and explore Tax as a rewarding career opportunity. We are also appreciative of the collaboration with LHDNM and are delighted to continue working together for the continued success of the program in the coming years,” she added.
Towards a sustainable nation with economic resilience
Datuk Dr. Sotimin Muhalip, Deputy Chief Executive Officer, Tax Operation, Lembaga Hasil Dalam Negeri Malaysia said, “HASiL (LHDNM) is proud to be a supporter of the EY YTPY Malaysia program for the 10th consecutive year. The EY YTPY program serves as an excellent platform for us to engage with our young talent, promote career opportunities in Tax and support the development of the Tax profession and industry in Malaysia.”
“Globally, we see Tax evolving as a key policy instrument in enhancing business and market competitiveness, driving national growth and catalyzing sustainable business and socio-economic outcomes. It is therefore important that we continue to build a steady pipeline and pool of tax talent, professionals and leaders who will be able to contribute meaningfully towards supporting our nation’s growth agenda,” he continued.
An opportunity for an exceptional experience
Hisham Halim, Partner, Ernst & Young Tax Consultants Sdn. Bhd. and Program Director of the EY YTPY Malaysia program said, “The EY YTPY program is a platform for undergraduates to hone their skills beyond campus walls. The program has been curated to challenge the participants to critically analyze and apply multiple perspectives when identifying the issues impacting the global businesses today. Participants will be tested on various areas as they draw upon their commercial awareness and analytical thinking to help companies successfully navigate their complex business challenges.”
“I strongly urge our Malaysian students to grab the opportunity to participate in this competition for a truly enriching and exceptional experience, beyond the amazing prizes.” he added.
The prizes for the EY YTPY Malaysia competition include prize money of up to RM 8,000 and internship opportunities or conditional offers of employment with EY member firms in Malaysia.
Find out more about the EY YTPY 2022 Malaysia competition at ey.com/my/careers/ytpy
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This news release has been issued by Ernst & Young Tax Consultants Sdn. Bhd., a member of the global EY organization.