Our Ability Jobs

J ob Purpose:

The job holder will manage and oversee General Accounting, VAT (Value Added Tax) and Corporate Tax functions and control methodologies/initiatives and offer financial advice in line with the strategic objectives of the company to ensure financial control and profitability for the business.

Key responsibilities:

VAT

• Managing the direct and indirect tax functions of the Company covering the entire gamut of taxation compliance beginning from registrations, returns, audits and assessments to ensure the Company adheres to all tax regulations.

• Manage monthly VAT return preparation, review and submission process. Review, reconcile and approve monthly VAT Returns to ensure accurate, timely and complete submission of VAT returns. Collaborate with the VAT consultants for accurate and efficient submission. Stay up to date on current VAT and excise duty regulations and changes to apply as per business requirements.

• Provide advice on general VAT liabilities and VAT implications of transactions to the wider business. Ensure adequate reflection of such transactions in the VAT return.

• Manage monthly VAT refund submission process and document information as applicable to recover any eligible VAT credits.

• Carry out Adhoc projects to review selected business activities and processes to manage VAT risks, to identify and mitigate potential tax liabilities.

• Stay abreast with any new tax regulations, assess their implications on the Company and support in implementation of new tax regulations in the Company.

Corporate Tax

• Ensure compliance as per applicable laws and requirement by reflecting correct accounting treatment.

Systems:

• Provide input for the development and enhancements of systems in coordination with other concerned department to meet departmental business requirements and to be in line with best standards.

• Provide inputs and suggestions for continuous improvement of Financial Reporting processes and practices taking into account ‘International Best Practice’ changes in International Standards and changes in the business environment which demand proactive action plans in line with company objectives.

GL activities

• Review monthly financial accounts, balance sheet schedules, management reports and financial analysis within stipulated deadlines.

• Review intercompany and related party reconciliations

• Management of group fixed assets and review of movement schedule

Audit:

• Support the Internal/External/Government/Third Party audit activities Policies, Processes, Procedures and Practices

• Provide inputs in developing financial policies, processes, procedures and practices for financial management that ensure adequate financial controls over all company operations thereby ensuring the cost advantage in all its resource utilization and financial activities.

• Review and evaluate the financial information periodically/regularly to ensure compliance with company policies and procedures and effective control within the company.

Education:

• Qualified ACA (Associate Chartered Accountant) /CPA (Certified Public Accountant)/ ACCA (Association of Chartered Certified Accountants)

• In-depth knowledge of accounting principles and financial reporting standards

• In depth knowledge of VAT and UAE Corporate Tax laws and procedures

Experience:

• Minimum of 4-6 years experience with at least 2 years’ experience at managerial level working with Financial Reporting, tools and Oracle system

Job Specific skills:

• Proficiency in Ms. Office suite and Oracle financial software.

• Strong financial accounting background in General Ledger, Fixed assets

• Strong analytical and technical skills.

• Strong technical and knowledge of taxation

• Conversant in International Accounting Standards & Practices, local laws and legislation (e.g. Tax and GST)

• VAT and refund Management

• VAT Compliance and reporting