This is a temporary AVP level Indirect Tax role, wherein you will manage the Tax Function across multiple geographies.
Responsible for compiling/preparing/reviewing the Value Added Tax (\'VAT\') returns of UAE, Johannesburg and KSA offices and ensure filing the same with the regulator within stipulated timeframe
Review of WHT and CIF reports of the KSA office and ensure its filing in an accurate and timely manner.
Performing daily reconciliation of tax invoice with general ledger and also ensure that the same complies with VAT
regulations
Circulate daily exchange rates published by Central Bank of UAE to comply with VAT regulations
Review EIC (new or amendments) from tax reporting perspective
Advising internal departments on their queries in a timely manner to ensure that correct advice is rendered and there
are no lapses / breach of tax rules or regulations.
Handle tax audit queries internal / external pertaining to UAE, KSA and Johannesburg offices
Informing the relevant front office teams, other internal departments, regional offices administrators regarding the law/rule/provision and how to comply with the same effectively to achieve tax efficiency.
Process / update regional policies/procedures from a tax perspective.
Assist in development / automation of these tax reports by liaison with external third-party developer and internal
development team
Opportunity to be part of a multi-national bank|Exposure to multiple geographies
Good Indirect tax experience with preference for VAT knowledge
Good understanding and ability to analyse the tax law and regulations to assess the applicability and tax impact.
Strong numerical and financial interpretation skills to analyse and compute liability based on relevant provisions.
Strong Excel skills to compile accurate reports and develop desired reports from source data.
Good regional experience in the field of taxation (Financial Services)
Good knowledge on accounting and banking products
Good communication and interpersonal skills required to liaise with other team members for day to day activities
Qualifications
Educated at degree level, essential
Professional qualifications, essential
The client is a renowned multi-national bank based in the DIFC.