Ernst & Young
As an International Tax Advisory (Wealth and Asset Management) at Ernst & Young, your primary focus will be advising global companies on the various regional and international tax implications of their operations. With a multitude of offerings, you will have the opportunity to develop your career through a broad scope of engagements, mentoring and formal learning. You’ll support their UAE based growing International Tax practice with the set-up of a dedicated team of professionals focused on the Fund and Wealth and Asset Management Industry. This is a mid level full time role. For this position salary can range between 10000 to 20000 AED/month. Requisition ID for this vacancy is 1517118.
Duties of An International Tax Advisory
- Participating in the successful delivery of international tax engagements. Assisting managers or above with identifying and pursuing new business opportunities.
- Contribute to building and maintaining client relationships by delivering exceptional client service.
- Collaborate with a team of International Tax professionals across the MENA region and globally to combine diverse cross-border experience with local tax knowledge across a broad spectrum of industries.
- Work as part of a multi-jurisdictional / disciplinary team within tax and across other service lines (including working with colleagues from Transfer Pricing, Transaction Tax, Indirect Tax, People Consulting etc.) in terms of pursuing, and delivering engagements and assist in managing engagement economics by suggesting engagement budget, tracking fees and communicating issues to project managers.
- Building internal relationships within international tax team and across other service lines and coaching more junior staff through delegation and on the job training whilst taking ownership of continuous technical knowledge development through on the job learning and self-development.
What You’ll Do More
- The types of projects you’ll contribute towards may include:
- Set-up and/or re-organization of Fund / Investment management structures in the UAE or wider MENA region.
- Group structure reorganization and / or rationalisation.
- Review of operating models and agreements from a tax standpoint (Investment Management Agreements, Investment Advisory Agreements, Private Placement Memoranda, Limited Partnership Agreements, etc.) that are commonly encountered in the industry when approaching tax set-up / re-organization projects.
- Agency Permanent Establishment risk assessment and application of specific exemptions for the professional fund / investment advisory sector (Investment Manager exemption rules).
- Review of holding structure, capital structure and financing arrangements.
- Development of tax risk management guidelines and review of governance structures from a tax standpoint.
Eligibility Requirements
The eligibility requirements for role of a International Tax Advisory are as under:
- Required: Bachelor’s Degree in Tax, Economics, Accounting, Finance or a related field.
- LLM / MA / MSc / MBA / PhD in a taxation related field, or a professional tax qualification.
- 4-5 years of relevant Tax experience, out of which at least 3 years in a Big 4 consultancy firm.
- Tax experienced that is focused on international taxation, with an emphasis on inbound and outbound investments and tax structuring.
- Prior experience working with global and international clients.
- Exposure to the professional asset management industry in an advisory capacity (i.e. not purely limited to tax compliance or reporting).
- Strong organisational, project delivery, analytical and verbal/written communication skills
- Proven track record with a leading professional services firm.
- Experience of delivering on international tax projects and on the job coaching of more junior team members.
- Preferred: Proficiency in the Arabic language both written and spoken.
- 1 to 2 years of experience in industry (i.e., tax manager or equivalent position in a global / regional asset management firm or large-sized family office) will be preferred.
- Experience of working at a dedicated Financial Services Organization tax team (or Wealth and Asset Management tax team) is preferable.
- Prior knowledge of UAE Corporate Tax is a plus.