Specialist, Taxation (Emiratized)

First Abu Dhabi Bank (FAB); Abu Dhabi; On-site; AED 90,000 - 150,000; Full time

Job summary

First Abu Dhabi Bank (FAB) in Abu Dhabi seeks a Tax Analyst specialized in VAT/GST and indirect tax to support the Group Tax team. You will prepare VAT/GST filings, assist with system enhancements, and ensure compliance across international sites.

The role involves coordinating audit data, staying current with tax developments, and ensuring timely VAT submissions within group policies.

Qualifications

• Relevant academic qualifications (Accounting/Tax preferred).
• First or Second-degree qualification.
• Professional Tax qualification is desirable.

Responsibilities

• Prepare VAT / GST return filing documents as required under Group Tax Policies.
• Support Group Tax team in representation on Finance/ IT systems projects concerning VAT / GST data requirements.
• Identify VAT / GST requirements in systems that need to automate and highlight to Tax manager.
• Collect and follow up Indirect tax compliance submissions from international sites.
• Assist with audit data to close out audit points and minimize new audit points.
• Stay up to date with relevant Tax technical developments.
• Ensure timely AOV submissions by performing transactional review and account reconciliation.

Skills

Strong communication

Interpersonal skills

Attention to detail

Fast learner / self-motivated

Education

Accounting/Tax education

First or Second-degree qualification

Professional Tax qualification

Job description

• Ensuring monthly VAT data collection, review, consolidation, preparation of FAB Group VAT returns, including collecting supporting and any documentation/responses as may be required.
• Monthly transactional review and reconciliation for AOV submissions.
• Support the tax team by working closely with supporting stakeholders of the business in identifying and implementing tax related system enhancements.
• Ensuring tax payments have been appropriately made to the tax authority, journal entries and reconciled in accordance with internal group policies and procedures
• Assist in collecting and observing Indirect tax data of international branches and subsidiary in order to identify potential revelations.
• Assist the tax team coordinator in all the IT related projects, reconciliations and project UAT’s.
• Assist with other tax admin matters and ad hoc requirements.

Job Purpose

• Ensuring monthly VAT data collection, review, consolidation, preparation of FAB Group VAT returns, including collecting supporting and any documentation/responses as may be required.
• Monthly transactional review and reconciliation for AOV submissions.
• Support the tax team by working closely with supporting stakeholders of the business in identifying and implementing tax related system enhancements.
• Ensuring tax payments have been appropriately made to the tax authority, journal entries and reconciled in accordance with internal group policies and procedures
• Assist in collecting and observing Indirect tax data of international branches and subsidiary in order to identify potential revelations.
• Assist the tax team coordinator in all the IT related projects, reconciliations and project UAT’s.
• Assist with other tax admin matters and ad hoc requirements.

Key Accountabilities

• A self-starter and motivated individual
• Shows good drive and initiative with strong interpersonal skills
• Ability to work under pressure and within tight deadlines
• Ability to interact with multiple stakeholders across the bank
• Deals with external consultants wherever required

Deals with Tax authority as required on a timely basis

Job Context

Specific Accountability

• Prepare VAT / GST return filing documents as required under Group Tax Policies i.e. procedures manuals, SOPs etc.
• Support the Group Tax team in the representation on all Finance / IT systems projects concerning VAT / GST data requirements.
• Identify VAT / GST requirements in systems that need to automate and highlight to the Tax manager.
• Collect and follow up Indirect tax compliance submissions from international sites.
• Support Tax manager in arranging audit data to close out audit points raised and ensure minimization of new audit points.
• Keep up to date with relevant Tax technical developments.
• Ensure timely AOV submissions by performing transactional review and account reconciliation.
• Support Tax manager in VAT / GST internal projects as and when required.

Frameworks, Boundaries, & Decision-making Authority

• Delegation of Authority for Taxation as required
• Key support for tax information for Group Finance
• Group Tax Policy adherence
• Group Governance Policy for Taxation
• Delegated authority on administration for Corporate Tax as well as Tax Transfer Pricing matters internally

Qualifications & Experience

Minimum Qualification

• Relevant academic qualifications (Accounting/Tax preferred)
• First or Second-degree qualification
• Professional Tax qualification.

Minimum Experience

• 3+ years of experience in banking industry and 2+ years’ experience in Indirect Tax (VAT/GST) compliance.
• Experience of indirect tax processes and a good understanding of different technologies applied in a tax environment.
• Good knowledge of IT systems and use of tax accounting system.
• Strong communication and interpersonal skills.
• Attention to detail.
• Quick learner and self-motivated.
• Able to record issues and propose solutions.
• Ability to handle pressure and tight timeframes.