Group Tax Manager | Aban Investment
A well-known and well-reputed Company based in Dubai, the United Arab Emirates is looking for an experienced, skilled, competent, mature, qualified, creative, and intelligent candidate with significant knowledge and relevant working experience for the position of “Group Tax Manager”.
Company Name | Aban Investment |
Qualification | Bachelors | Masters |
Experience | 5 – 6 years of Relevant Experience Required |
Monthly Salary | 15,000 AED – 18,000 AED |
Employment Type | Full Time | Permanent |
Company Size | 500 – 1000 Employees |
Benefits | Medical Insurance |
Location | Dubai |
Job Purpose
- The Group Tax Manager is responsible for all tax aspectsand operations including tax strategy, tax management monitoring and controls,tax planning and tax optimization, tax advisory to operations & various functions at corporate.
- Manage BEPS,transfer pricing, country-by-country reporting and related global tax compliances,efficiently managing effective tax rate (ETR),review and finalization of tax disclosures and deferred taxes, implementation of new taxes and managing uncertain tax risks positions across countries.
- Manage all other related compliance including items such as ESR, UBO
- Actively collaborate with corporate and country teams on tax inputs on business plans,tax assessments management, digital expansions, new markets growth and various corporate initiatives.
Strategic Focus:
- Stay up to date with the latest relevant tax legislative changes and support prepare the group for implementation of changes in tax regimes (such as: VAT, UAE corporate tax, transfer pricing, etc.); specifically: tax impact assessment, transaction flows analysis, trainings & advisory and systems updates and implementation support.
- Provide guidance/training to local country tax/finance teams and review foreign provision packages, tax returns and tax disclosures in consolidated statutory financial statements.
- Initiate and execute Tax Optimisation and Tax Planning opportunities
- Ensure optimisation and simplification of legal entity structure of the Group from a Tax and Regulatory perspective.
- Support Parent Group and Management (from Operating Company’s perspective) in terms of compliance with tax and other requirements such as country-by-country reporting’s (CBCR), BEPS Pillar 1 and 2, Global Minimum Tax, Economic Substance Regulations (ESR), UBO etc.
- Establish control procedures / establish best practices on various tax processes to make the process effective and accurate.
- Serve as a focal point of contact within the company for tax related advice and guidance.
Operational Focus:
- Preparation and filing of corporate tax / Consumer Tax (VAT) returns for the all relevant geographies to the group in a timely manner.
- Develop overall return calendar and coordinate with respective finance teams for the timely submission of returns.
- Establish control procedures / establish best practices on various tax processes to make the process effective and accurate.
- Closely monitor legislative and regulatory tax law developments in the respective countries, measure & communicate the effects of these developments to management.
- Identify the risks associated with the taxes in respective entity and evolve strategies to mitigate the risks.
- Manage the tax audits / assessments of the group entities.
- Monitor the Group entities tax compliance globally to ensure adherence with the respective local tax laws.
- Review VAT procedures and business processes in line with the Local VAT Laws to ensure VAT compliance.
- Review Transfer Pricing procedures, business processes and intercompany transactions in line with local Transfer Pricing Regulations to ensure Transfer Pricing compliance and advise Businesses accordingly.
- Country-by-Country Reporting – Preparation and filing with the respective Tax Authorities.
- CRS/FATCA and other Tax Disclosures – Advice the entities for the correct FATCA/CRS classification of Entities.
- Economic Substance declarations (ESR) – filing ESR annually or as required by the local law.
- Regularly review the processes to ensure no tax leakages or tax evasions by the businesses.
- Provide necessary information to the finance team for tax reporting in Annual Financial Statements.
- Develop and cultivate relationships across the organisation to ensure that Taxation principles are evaluated effectively across all elements of the business and ensure that the business is aligned and aware of the risks and implications.
Additional Skills & Professional Requirements:
- Extensive practical knowledge of GCC and MENA tax laws.
- Bilingual is preferred (Both English and Arabic as the position may require working with the FTA).
- 5+ years of proven track record as a tax specialist or manager at any reputable firm or corporate organization.
- A mix of both industry and Consulting experience is preferred. Industry Experience should be in a Diversified Group (both industry and Geographies).
- Good practical knowledge of International Taxation. It is also beneficial to have experience with Indian, Kenyan and Indonesian Tax Systems.
- Prior experience/ knowledge of Oracle ERP.
- Experience with Corporate restructuring needs of business groups to optimise tax efficiency.
- Transfer pricing, which in any case will require development of a transfer pricing policy at our end and cross-border tax management.
Qualifications
- Bachelor degree in Finance / Tax / Accounting.
- Professional accounting / tax qualification.
Additional Information
Medical Insurance and Fix Ticket Allowance
Apply Now: [email protected]