A leading UAE-based construction and investment group is seeking an experienced Corporate Tax (CT) Specialist to join its Finance team and lead the organization's corporate tax function.
Key Accountabilities:
He or She shall:
- Be accountable for optimized effective tax rate in UAE, respecting currently focused on CT, the role is accountable to evolve with the regulations over time.
- Be accountable for the local tax group and related filings and own the business relation with FTA.
- Be the subject matter expert and first port of call for all CT matters for the staff (finance directors, accountants, business leaders, tax champions)
- Ensure the UAE Companies are fully compliant with applicable CT rules and regulations as well as the tax returns and reporting are being submitted accurately and on time
- Identify, quantify and communicate local CT planning strategies, including researching and developing the most tax efficient action plan and/or ownership structure
- Advise on CT implications of business transactions, analyzing related risks, and presenting solutions to optimize tax cost and structure.
- Ensure delivery of all local tax regulatory requirements, incl CT filing, registering entities for CT and ensuring that the Group’s records with FTA are up to date and correct.
- Have the understanding of the UAE CT laws, Double Treaty Taxation and TP best practices, where tax optimization structure is adopted
- Monitor and manage the local CT reporting requirements including Country by Country Reporting and Economic Substance Reporting; ensuring that the new processes are properly set up to accurately capture and record tax sensitive information
- Cooperate with IT on design, implementation, and enhancement of the tax configuration in company’s ERP systems; identification, and support with automation of manual processes,
- Implement and execute the tax training strategy for key business users across the Group,
- Enhance tax communication and coordination throughout the organization
Job Communication:
Internal:
- Business leadership team
- Finance leaders of companies
- Accounting ; Legal and Treasury
- Group Function
- Internal Auditors
External:
- Tax Authorities
- External advisors (tax, legal)
- Third party vendors and customers
- External Audit
Core Technical Competencies:
- Comprehensive understanding of tax compliance and local CT laws
- Skilled in the CT system in GCC is essential, including the considerations of industry specific regulations
Core Interpersonal Competencies:
- Teamwork: business partner and finance integration
- Communication: pro-active
- Integrity: always
IT Skills:
- Advanced excel skills
- ERP experience such as Oracle or SAP.
Qualifications, Experience, Knowledge & Skills:
- Master’s degree in accounting/finance or equivalent certification (CPA, CA, ACCA ect…)
- Tax accreditation is strongly preferred
- Min. 8 years of management level experience in an in-house taxation role within multicultural environments (supplemented with experience in a Big 4 firm is an asset),
- Previous Exposure to UAE tax system is a must
- Critical thinking, curious
- Ability to build successful relationships with stakeholders at all levels, regardless of functional background
- Fluent in English (Arabic would be an advantage)