Tabreed
Tabreed is actively seeking experienced and qualified individual to take on the role of Senior Accountant Taxation in Abu Dhabi. The selected candidate will support in tax related duties and responsibilities including day to day reporting, monthly and annual compliance. Also has an extended branch to reporting where the responsibility will include dealing with Auditors in fulfilling audit responsibilities for our subsidiaries.
Responsibilities of Senior Accountant Taxation
Tax direct Regulation and Governance
- Perform comprehensive impact assessment of UAE CT introduction on business, processes, functional areas and operations, undertake gap analysis, assess CT readiness and prepared implementation roadmap.
- Support in design CT model for all impacted components (business operation, systems, processes and resources to meet CT compliance, filing and reporting requirements) and develop project and change management strategy/blueprint.
- Support in CT compliance process, including registrations, returns, refunds and correspondence with the FTA.
- Support in the development of policies and procedures and support their implementation and maintenance so that tax activities meet standards, compliance and regulatory requirements, align to business requirements and increase operational efficiency.
- Support in the preparation of timely and accurate reports.
- Remain up to date on relevant global/regional tax developments and highlight their impact on the group.
- Support in maintaining proper archiving for all tax submissions working files.
- Support in assessing and researching difficult tax issues to identify solutions.
- Manage and maintain the company’s tax database.
- Support the efforts during audits.
- Provide support to external auditors with respect to tax statutory reporting.
- Support with finalization of tax computation and returns.
- Support on transfer pricing matters.
- Prepare tax checklist.
- Prepare a tracker of all allowed and disallowed expenditures.
- Support on all prospective merger and acquisition transactions both local and international.
Tax indirect Regulation and Governance
- Support documentation which includes contracts, invoices etc. to determine the correct VAT treatments.
- Provide updates on relevant VAT developments and highlight their impact on the group.
- Liaise with the tax authorities for litigations and other VAT compliance/representation.
- Interact with business and finance teams to understand the tax needs and provide any VAT support.
- Support with timely and accurate tax compliances.
- Timely follow up on VAT regulations update and ensure implementation as per published law guidelines.
- Maintain proper archiving for all VAT submissions working files.
- Support with VAT compliance process, including registrations, returns, refunds and correspondence with the FTA.
- Pre-month closing review of tax codes for AR and AP.
- Support with correspondence with the FTA in relation to audit and refund-related queries, including preparation of defense files and clarification/reconsideration requests as needed.
- Prepare accurate monthly, quarterly and annual VAT reports.
- Conduct direct and indirect tax risk assessment.
Consolidation and Statutory Reporting
- Performs monthly, quarterly and year-end closing consolidation and prepares appropriate financial statements.
- Reviews and interprets financial reporting requirements, rules and regulations.
- In charge of inter-company transactions and reconciliation.
- Coordinates with foreign entities’ accountants for timely financial reporting.
- Assists in monitoring and developing monthly reports of revenues and expenditures for projects.
- Assists with implementing and maintaining internal financial controls and procedures.
- Assists with drafting and implementing corporate policy.
- Helps with different accounting fields, including accounts receivable, accounts payable, fixed assets, inventory, journal entry, etc.
- Making sure all accounts and disclosures are prepared as per the applicable IFRS.
- Submission of monthly, quarterly and annual trial balance, financial statements, notes to the financial statements and other requested information.
Audits and Governance
- Liaising with external and internal auditors for quarterly and annual audits.
- Provide documents & handling all Queries/Exceptional Matters during audit process to ensure auditors approval.
- Ensuring compliance and adoption of best practices on the agreed recommendations of the Internal Audit Reports.
- Support in preparation of specific audit committee presentations slides.
Other functions (Reporting and Regulations)
- Lead the efforts for all accounts and disclosures preparation as per the applicable IFRS for subsidiaries.
- Liaising with external and internal auditors for annual audits of subsidiaries.
Policies & Procedures
- Follows all relevant Department/Unit policies, processes, standard operating procedures and instructions so that work is carried out in a controlled and consistent manner.
- Ensuring the organization adheres to legal frameworks in areas such as discipline & grievance, redundancy and employment law.
Health Safety & Environment
- Ensure compliance to all relevant health, safety and environmental management policies, procedures and controls across the department to guarantee employee safety, legislative compliance and a responsible environmental attitude.
Requirements for Role of Senior Accountant Taxation
- Bachelor’s Degree in Accounting or Commerce.
- Post graduate professional qualifications such as Chartered Public Accountant (CPA), Association of Chartered Certified Accountants (ACCA) or equivalent is a must.
- 4 -6 years of experience in the Finance function or in a related field.
Skills And Knowledge Desired
- Knowledge of financial regulations.
- Month end closing and consolidation.
- Statutory reporting and parent reporting.
- Audits and governance.
- Group accounting and reporting.
- Tax.
