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Lockton Companies; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

An established industry player is seeking a skilled Tax Analyst to join their Retail Tax department. This role is pivotal in ensuring compliance with VAT and other taxes across the GCC, requiring a proactive approach to tax processes and policies. You will assist in preparing tax returns, conducting variance analysis, and coordinating with finance teams to optimize tax efficiencies. The ideal candidate will have a strong accounting background, experience in VAT compliance, and a keen understanding of GCC tax regulations. This is an exciting opportunity to contribute to a dynamic team and enhance your expertise in tax compliance within a supportive environment.

Qualifications

• Fully qualified in accounting with 3+ years in VAT/Tax functions.
• Knowledge of GCC tax regulations is advantageous.

Responsibilities

• Assist in preparation and submission of VAT/Tax returns on time.
• Support tax audits and manage compliance with local laws.

Skills

Tax Accounting

Tax Compliance

Tax Reporting

Data Analytics

Education

CA

ACCA

CIMA

CFA

Tools

SAP

Job description

Tax Analyst will be an integral part of the Retail Tax department in assisting the Head of Tax - Retail on day-to-day compliance and advisory (basic) issues relating to VAT and other prevailing taxes across GCC. Predominantly safeguarding the high standard of tax compliance by ensuring tax policies and processes are adhered to in accordance with local tax laws, tax returns are submitted on time and compliance standards maintained.

Essential Roles and Responsibilities

Strategic Roles and Responsibilities:

Assist the Retail Tax Department in ensuring an efficient and effective tax process flow in the organization.

Functional Roles and Responsibilities

1. Assist in preparation, completion, and submission of VAT / Tax (and equivalent) and withholding tax returns for review within the filing deadlines and in compliance with the local tax law.
2. Assist with variance analysis of the VAT / Tax returns on a monthly basis – keeping up to date reports.
3. Payments and submissions – keeping records of all the returns submitted and paid.
4. Assist Head of Tax - Retail in coordination with BU Finance teams to manage efficient tax processes ensuring compliance with local laws and accounting standards; (review of VAT / Tax assessments, VAT / Tax payments, VAT / Tax refunds, audits, etc).
5. Follow up on erroneous account receivable / payable entries and interact with Business / FSS / Accountants and other internal stakeholders to ensure these are in compliance with prevailing laws.
6. Keep up to date with new laws / guidance and updates released by FTA; determining the impact on compliance processes and relevant changes.
7. Support Head of Tax – Retail in development & implementation of any new VAT / Tax principles released by the FTA.
8. Providing input from a compliance perspective into the development of company policies.
9. Support Head of Tax – Retail in managing tax audits and assist in the coordination of appeals / reconsideration requests ensuring all data is compiled to support tax positions taken.
10. Optimize tax efficiencies in all end-to-end processes.
11. Liaise with IT teams (and other relevant stakeholders) to resolve process / compliance / reporting issues.
12. Cooperate with other functions and provide support by answering VAT / Tax related queries.

Desired Candidate Profile

1. Support Head of Tax – Retail in development & implementation of any new VAT / Tax principles released by the FTA.
2. Providing input from a compliance perspective into the development of company policies.
3. Support Head of Tax – Retail in managing tax audits and assist in the coordination of appeals / reconsideration requests ensuring all data is compiled to support tax positions taken.
4. Optimize tax efficiencies in all end-to-end processes.
5. Liaise with IT teams (and other relevant stakeholders) to resolve process / compliance / reporting issues.
6. Cooperate with other functions and provide support by answering VAT / Tax related queries.

Job Requirements

Education / Certification and Continued Education

Accounting skills – fully qualified; CA, ACCA, CIMA, CFA, etc.

Years of Experience

1. 3 years’ experience in Accounting plus 3 years in VAT / Tax function ideally within the Middle East.
2. Knowledge of GCC tax regulations is an advantage.
3. Data analytics experience (working with large data).
4. SAP experience is a plus.

Key Skills

Tax Accounting, Tax Compliance, Tax Reporting

Employment Type: Full-time

Department / Functional Area: Tax Compliance