Tax Analyst - Retail- UAE
Job Purpose
Tax Analyst will be an integral part of the Retail Tax department in assisting Tax Manager 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 local tax laws, tax returns are submitted on time and compliance standards maintained.
Strategic Roles and Responsibilities
Assist Regulatory Accounting &Tax Manager in ensuring an efficient and effective Tax process flow in the organization.
Functional Roles and Responsibilities
Preparation, completion and submission of VAT/Tax (and equivalent) and withholding tax returns to Tax Manager Retail for the review within the filing deadlines and in compliance with the local tax law;
Assist variance analysis of the VAT/Tax returns on a monthly basis – keeping up to date reports.
Payments and submissions – keeping records of all the returns submitted.
Assist Tax Manager 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)
Follow up erroneous account receivable/ payable entries Interact with Business/ FSS/ Accountants and other internal stakeholders to ensure these are in compliance with prevailing laws
Keep up to date with new laws/ guidance and updates released by FTA; determining the impact on compliance processes and relevant changes
Support Tax Manager Retail in development & implementation of any new VAT/Tax principles released by the FTA
Providing input from a compliance perspective into the development of company policies.
Support Tax Manager Retail in managing tax audits and assist in the coordination of appeals/ reconsideration requests ensuring all data is compiled to support tax positions taken.
Optimize tax efficiencies in all end to end processes
Liaise with IT teams (and other relevant stakeholders) to resolve process / compliance/ reporting issues
Cooperate with other functions and provide support by answering VAT/Tax related queries
Education/Certification and Continued Education
Degree level – essential
Accounting skills –partly/ fully qualified; CA, ACCA, CIMA, CFA, etc.
Years of Experience
3 years’ experience in Accounting plus 1-2 years in VAT/Tax function ideally within Middle East
Knowledge of GCC tax regulations is an advantage
Data analytics experience (working with large data)
Knowledge and Skills
You take ownership and responsibility of your tasks
Should have good organizational and planning abilities including the ability to deal with/work under pressure and tight deadlines
Strong analytical skills and attention to details
Should have strong problem solving abilities
Should have strong interpretation capabilities
Strong Excel skills
Excellent Written and Oral English is essential
Apply Here:
https://altayer.referrals.selectminds.com/jobs/tax-analyst-retail-1914
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