Specialist- Taxation (Emiratized)

at  bankfab

Abu Dhabi, أبو ظبي, United Arab Emirates -

Start DateExpiry DateSalaryPosted OnExperienceSkillsTelecommuteSponsor Visa
Immediate17 Dec, 2024Not Specified19 Sep, 2024N/AInterpersonal SkillsNoNo
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Description:

COMPANY DESCRIPTION

Join the UAE’s largest bank and one of the world’s largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders and communities to grow through differentiation, agility and innovation.
We are looking for top talent and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark a top company, in an exciting and dynamic industry.

JOB DESCRIPTION

The primary purpose of the job is to assist in preparing the Group’s UAE Corporate Tax computations and analysis in accordance with the UAE Regulations. The job involves:

  • Assisting the AVP in preparing the corporation tax schedules of analysis as guided and instructed.
  • Co-ordinating and working with the Financial reporting team on Oracle / SumX balances and reconciliation
  • Dealing with setting up and submitting tax information on the AmaraTax portal
  • Being responsible for ensuring all sufficient tax documentation is in place to withstand Tax authority scrutiny for the required periods.
  • Dealing with any queries raised the Regulator or UAE MoF on a timely basis.
  • Assisting the Group Head of Tax and Group Tax team with on-going direct tax issues arising for the Group as needed.
  • Working with the Tax team to support absentees or assisting during time of need

KEY ACCOUNTABILITIES

  • Ability to interact with multiple stakeholders across the bank
  • Ability to work under pressure and within tight deadlines
  • Dealing with external consultants wherever required
  • Dealing with UAE FTA as required on a timely basis
  • Character to persevere and ensure completion of required tasks
  • Showing strong interpersonal skills

MINIMUM QUALIFICATION

  • Relevant academic qualifications (Accounting/Tax preferred) e.g. ACCA, AAT, UAE CIT etc
  • Minimum First degree qualification required

MINIMUM EXPERIENCE

  • General financial accounting experience required
  • Some specific corporate tax experience preferable
  • Banking industry experience preferred
  • Work experience in another country preferred
  • Good communication and interpersonal skills
  • Attention to detail
  • Quick learner
  • Ability to use own initiative
  • Able to record issues
  • Ability to handle pressure and tight timeframes
  • Ability to work on project based tasks in an unstructured environment
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Responsibilities:

SPECIFIC ACCOUNTABILITY

  • Monitor adherence to FAB’s Direct tax policy for UAE taxation
  • Identify and log any Tax gaps providing input to risk register
  • Assist to develop, update, and improve Tax policies across all business lines as relevant
  • Ensure compliance is in accordance with UAE Regulations
  • Ensure tax documentation is in place to support Tax positions taken in reporting
  • Assist in closing any tax authority or regulatory enquiries / audits on tax issues
  • Assist in working with closing current and historic GIA points raised on Tax
  • Participate in New product calls and sign-off approvals as required
  • Keep up to date with relevant Tax technical regulations
  • Support Finance and Business teams on any tax analysis and issues arising (e.g., tax office enquiries)
  • Ensure documentation retained succinctly and stored appropriately for future tax authority challenges
  • Log all on-going tax calls and issues for Group Head of Tax to address
  • Assist on ad-hoc projects as needed

    LI-MA3

The primary purpose of the job is to assist in preparing the Group’s UAE Corporate Tax computations and analysis in accordance with the UAE Regulations. The job involves:

  • Assisting the AVP in preparing the corporation tax schedules of analysis as guided and instructed.
  • Co-ordinating and working with the Financial reporting team on Oracle / SumX balances and reconciliation
  • Dealing with setting up and submitting tax information on the AmaraTax portal
  • Being responsible for ensuring all sufficient tax documentation is in place to withstand Tax authority scrutiny for the required periods.
  • Dealing with any queries raised the Regulator or UAE MoF on a timely basis.
  • Assisting the Group Head of Tax and Group Tax team with on-going direct tax issues arising for the Group as needed.
  • Working with the Tax team to support absentees or assisting during time of nee


REQUIREMENT SUMMARY

Min:N/AMax:5.0 year(s)

Accounting

Accounts / Finance / Tax / CS / Audit

Accounts Management

Graduate

Proficient

1

Abu Dhabi, United Arab Emirates