Finance & Tax Accountant

Full time Dubai Jobs posted 7 months ago

Job Description

Reporting to Regional Compliance & Statutory Manager, the Finance & Tax Accountant be primarily responsible for the delivery of tax reporting and compliance requirements in the assigned region. When required, the Finance & Tax Accountant will also provide support with general finance and accountancy functions.

Key duties will include preparing tax calculations, payments and returns for the assigned region as well as maintaining and reporting accurate accounting records for audit purposes.

The role holder will have in-depth technical tax knowledge and will be able to demonstrate a proven ability to identify and manage tax risks. They will also have an in-depth understanding of financial accounting principles – especially the management of receivables and payables.

Responsibilities:

Tax Accounting:

  • Prepare, record and submit tax entries in the assigned region to the Regional Tax Governance and Statutory Manager
  • Prepare tax payments, estimates and track tax returns. Prepare corresponding accounting entries
  • Review and analyse financial statements for necessary tax adjustments and prepare periodic tax reports
  • Prepare appropriate documentation to support uncertain tax positions and tax provisions
  • Perform year-end accrual review and prepare the tax provision
  • Liaise with auditors (internal and external) and tax consultants
  • Ensure the organisation is up to date all local tax legislation. Identify and ensure any non-compliance is reported and properly addressed

Tax Forecasting and Reporting:

  • Prepare and review other various annual and quarterly tax reports
  • Forecast tax predictions to senior managers
  • Assist with regular reporting of tax provisions
  • Compile data and perform inquiries relative to the tax provision and tax return processes

Tax Compliance and Audit Management:

  • Assist with both external and internal tax audits, including collating and preparing the necessary documentation. Prepare and review responses, and where applicable liaise with external advisors and the tax authority
  • Help with improvements regarding the tax accounting and compliance process
  • Accumulate, analyse, and process financial accounting data to prepare tax returns, estimated tax payments, forecasts and financial accounting estimates of tax
  •  Ensure adherence to compliance-related deadlines such as extensions, tax estimate requirements, tax return filings and other tax related services

Process and Administrative Tasks:

  • Ensure proper archiving of tax related documents as per the relevant statute of limitations
  • Support with ad hoc questions that arise and dealing with tax authority enquiries
  • Maintain and update the tax database with information such as supplier and customer details

General Accounting:

  • Assist with other general accounting such as the processing and recording and processing of accounts payable transactions, invoices and staff expenses;
  • When necessary, assist in the preparation of financial reports such as financial statements, budget performance, and interim required financial reporting as well as accounts analysis and reconciliations

Qualification and Experience Requirements:

The chosen candidate will meet ALL the essential criteria below:

Essential

  • Accountancy or finance related qualification
  • Experience and knowledge in accounting concepts and tax regulations, laws and standards
  • Extensive exposure and strong understanding of the implications of VAT from an accounting, compliance and reporting aspect
  • Experience of using software such as ERP systems
  • Strong MS Office skills including Excel, Outlook, Word & Power point
  • Ability to communicate tax concepts in ways that are meaningful and useful to non-tax professionals
  • Fluent written and verbal English and language skills

DESIRABLE

  • Industry tax certifications e.g. Certified Management Accountant (CMA), Certified Public Accountant (CPA), Association of Chartered Accountants (ACA) and Chartered Tax Adviser (CTA)
  • Extensive exposure to Indirect Tax such as VAT, GST sales or service tax from an accounting, compliance and reporting aspect
  • Powered access, heavy machinery, construction or related industry experience

Person Specifications:

  • Highly motivated, proactive and hard-working with the ability to work in a fast-paced environment
  • Strong sense of responsibility and accountability combined with ability to work independently with limited general supervision
  • Excellent written, verbal and communication skills with the ability to interact with others
  • Excellent qualitative and quantitative analytical skills. Ability to analyse data and summarise in clear and concise manner
  • Organised and methodical with strong attention to detail.
  • Ability to balance multiple priorities and meet deadlines
  • Professionalism, dependability, integrity and trustworthiness combined with a cooperative attitude

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