Tax Manager - Retail - Al-Futtaim - Dubai
Al Futtaim Private Company LLC, United Arab Emirates
Job Description
Role purpose & context:
The Tax Manager will assist the Group Tax Team in managing tax compliance (direct and indirect tax), executing tax projects, planning, and tax risk management for the Retail Division of the Al-Futtaim Group.
This position is responsible for executing the Group Tax strategy within all markets where the Retail Division operates. It includes managing the Tax Operating Model which involves working with tax community members and taking ownership of tax compliance, tax planning, transfer pricing, tax accounting, and tax documentation.
The successful candidate will work closely with Group Tax along with Finance Teams, Retail Brands, third party service providers, and other tax professionals in carrying out responsibilities.
Role Tasks/Accountabilities;
Manage the implementation of the Group Tax strategy and initiatives from a planning, compliance and risk management perspective
Review the annual tax filings for Retail Division Including Zakat, CIT, WHT etc prior to submission to the local governing authorities
Advice Businesses on VAT matters, review VAT procedures and business processes in line with the VAT Law to ensure VAT compliance, ensure effective VAT Controls are in place and review VAT Returns prior to filing. Ensure correct and timely filing of all Tax Returns based on country specific tax calendars and review complex income Tax Returns
Identify tax planning opportunities within the limits of tax risk management
Manage the tax provision process and supervise tax balances on general ledger
Ensure all documents are collected on a central database and handle requests for information
Provide support during tax audits in collaboration with Group Tax
Ensuring that the Business adheres to the Transfer Pricing Regulations and internal transfer pricing Policies in all geographies where the Retail Division operates and ensure proper transfer pricing documentation is maintained.
Conduct relevant workshops / training throughout the year to keep business up to date on compliance regulations
Streamline processes through automation
To liaise with relevant managers and stakeholders to ensure full collaboration and understanding on critical topics.
Contribute to the improvement of the solutions and business processes.
Maintains and upgrades professional knowledge, management skills and domain expertise by using continuous learning & development tools.
Contribution to business excellence initiatives
Peer appreciation and feedback
Continual development of team and product application skills
Maintain an excellent rapport with the business.
Experience & Qualifications
Tax, Finance or Accounting certified
Fluent in English (written and verbal)
Regional tax knowledge would be a plus
8-10 years in an international tax environment
Big 4 Accounting Firm experience required
Job-Specific Skills:
Tax technical skills and tax accounting
Project management skills
Ability to work on various on-going projects with good organisational and time management skills
Microsoft Office, particularly Excel
PC skills
Analysis and troubleshooting
Job Specification
Behavioural Competencies:
Individual Accountability
Communication & interpersonal skills
Personal Integrity
Strong analytical skills & problem-solving skills
Ability to follow-up on outstanding issues
Ability to work effectively as part of a team
Ability to manage time & work under pressure
Readiness to persevere with difficult tasks
Ability to be assertive without being aggressive
Able to focus and drive tasks to completion
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