Tax Accountant ( GCC & UAE ) Abdulwahed Bin Shabib Investment Group LLC

Job description

We are looking for a qualified candidate with experience in VAT compliance and filings across the GCC, particularly in the UAE.

Please find the job description below for your reference.

The role of a TAX Executive-GCC & UAE will be responsible for managing and ensuring compliance with VAT regulations across the GCC & UAE. You will play a crucial role in VAT filings, audits, and advisory, helping the company navigate complex tax requirements and optimize tax processes. Here are some key aspects of the job:

Responsibilities:

• Tax Compliance:
• Ensure timely compliance and accurate filing of all tax returns (e.g., VAT, Corporate Tax, ESR,UBO,AML,withholding tax.) in compliance with UAE & other GCC tax laws and regulations.
• Coordinate with tax managers and external tax advisors and auditors to manage tax audits and inquiries.
• Maintain detailed records and documentation to support tax filings and audits.
• Tax Reporting:
• Prepare and review tax provision calculations for financial statements.
• Ensure accurate reporting of tax-related items in financial statements in accordance with IFRS and other relevant standards.
• Collaborate with the finance team to integrate tax considerations into overall financial reporting.
• Risk Management:
• Identify and mitigate tax risks through effective controls and processes.
• Conduct regular tax risk assessments and implement measures to address identified risks.
• Develop and maintain tax policies and procedures.
• Advisory and Support:
• Provide tax advice and support to various business units and departments within the organization.
• Assist in structuring business transactions to achieve tax efficiency.
• Support mergers, acquisitions, and other corporate transactions from a tax perspective.
• Team Leadership:
• Lead and mentor a team of tax professionals, providing guidance and development opportunities.
• Foster a culture of continuous improvement and professional growth within the tax team.

Qualifications:

• Education:
• Bachelor's degree in Accounting, Finance, Taxation, or a related field..
• Experience:
• Several years of experience in tax management, preferably within a multinational corporation or a Big Four accounting firm.
• Strong knowledge of UAE tax laws and regulations, including VAT and corporate tax.
• Skills:
• Excellent analytical and problem-solving skills.
• Strong communication and interpersonal skills, with the ability to explain complex tax concepts to non-tax professionals.
• Proficiency in tax software and financial systems.
• Attention to detail and a high level of accuracy.

Additional Considerations:

• Regulatory Environment:
• Stay informed about the evolving tax landscape in the UAE and other GCC , including recent developments such as the introduction of corporate tax.
• Understand the implications of international tax treaties and transfer pricing regulations as they apply to the UAE and other GCC Countries.
• Cultural and Economic Factors:
• Be aware of the unique cultural and economic environment in the UAE, including the importance of maintaining good relationships with local tax authorities.
• Adapt tax strategies to align with the business practices and market conditions in the region.