Assistant Manager – VAT and Taxation

Khidmah; Abu Dhabi; On-site; AED 60,000 - 120,000; Full time

Job summary

A leading company in the FM industry seeks an Assistant Manager – VAT and Taxation. This role involves overseeing VAT compliance, managing finance processes, leading a team of accountants, and providing expert guidance to ensure regulatory compliance. The ideal candidate will have strong analytical skills and at least 7-10 years of professional experience.

Qualifications

• Minimum of 7-10 years professional experience, 3 years in a similar role.
• Strong command of Excel and leadership abilities.
• Experience in the FM industry preferred.

Responsibilities

• Lead VAT and taxation function ensuring compliance with laws.
• Supervise finance-related processes and ensure accurate reporting.
• Provide technical guidance and support on VAT matters.

Skills

Analytical Skills

Communication Skills

Leadership

Project Management

Tools

Excel

Job description

Job Purpose

The Assistant Manager – VAT and Taxation will lead the VAT and taxation function, ensuring compliance with relevant laws and regulations.

Key purpose is managing VAT and tax-related processes, providing technical guidance, and maintaining accurate records.

This role requires strong technical knowledge and analytical skills to interpret and apply VAT and tax laws.

The Assistant Manager will work closely with various departments to ensure seamless implementation of VAT and tax processes.

The goal is to minimize tax liabilities, mitigate risks, and ensure regulatory compliance. By providing expert support and guidance, the Assistant Manager plays a critical role in maintaining the organization's financial integrity.

Roles, Responsibilities, Duties

Financial Management:

- Supervise day-to-day and periodic finance-related processes and reconciliations

- Ensure accurate and timely month-end closing (VAT filling and CT calculation)

and reporting

- Supervise day to day operation queries on VAT.

- Monitor and analyze input and output for VAT and Corporate Tax

Leadership and Team Management:

- Lead a team of professional accountants and manage the finance team effectively

- Develop and mentor team members to achieve their highest potential

- Conduct timely performance reviews and provide performance feedback/training

- Conduct regular training with receivables and payables team to ensure VAT compliance

Compliance and Audits:

- Ensure compliance with policies, procedures, accounting standards, and

local laws

- Act as the first point of contact.

- Implement process improvement initiatives to enhance existing processes

- Ensure compliance with FTA policies, procedures, accounting standards, and local laws

- Act as the first point of contact for VAT consultants and group VAT teams.

Business Partnering:

- Build strong cross-functional relationships and act as a Finance Business Partner for other departments

- Communicate effectively and manage successful working relationships with stakeholders

Performance Measurement:

- Recommend benchmarks for measuring.

- Recommend benchmarks for measuring VAT and Corporate Tax compliance

- Analyze VAT compliance and variance reports with Senior Management.

VAT and Taxation:

VAT Compliance:

- Ensure timely and accurate filing of VAT returns.

- Manage VAT payments and refunds.

- Maintain accurate records of VAT transactions.

Tax Compliance:

- Ensure compliance with tax laws and regulations.

- Manage tax-related processes, including returns and payments.

- Provide technical guidance on tax matters.

Technical Guidance and Support:

- Provide expert advice on VAT and taxation matters to various departments.

- Support business units in understanding and implementing VAT and tax regulations.

- Collaborate with finance teams to ensure accurate financial reporting.

Risk Management:

- Identify and mitigate VAT and tax-related risks.

- Develop and implement strategies to minimize tax liabilities.

- Ensure compliance with regulatory requirements.

Record-Keeping:

- Maintain accurate and up-to-date records of VAT and tax transactions.

- Ensure records are easily accessible and retrieve

Regulatory Updates:

- Stay informed about changes to VAT and tax laws and regulations.

- Implement changes to ensure compliance.

- Collaborate with external auditors and tax authorities.

- Develop and maintain relationships with key stakeholders.

- Provide training and support to colleagues on VAT and taxation matters.

- Participate in projects and initiatives to improve VAT and tax processes.

Experience:

Minimum of 7-10 years of professional experience with at least 3 years in a similar capacity, preferably in a business with similar processes.

2-3 years of experience in the FM industry is preferrable.

Competency:

- Budgets/Cost Control

- Leadership

- Managing for Results

- Managing Performance

- Organizational Savvy

- People Development

- People Management

- Project Management

Other Skills

- Strong command of Excel.

- Strong English communication skills: Arabic language is an advantage.

- Strong leadership and people skills

- Ability to multitask and meet tight deadlines

- Proactive, self-starter, driven and improvement conscious