Specialist- Taxation (Emiratizated Role)

Company Description

Job Purpose

• The Primary Purpose Of The Job Is To Assist In Preparing The Group’s UAE Corporate Tax Computations And Analysis In Accordance With The UAE Regulations.
• The Job Involves
• Assisting the AVP in preparing the corporation tax schedules of analysis as guided and instructed.
• Co-ordinating and working with the Financial reporting team on Oracle / SumX balances and reconciliation
• Dealing with setting up and submitting tax information on the AmaraTax portal
• Being responsible for ensuring all sufficient tax documentation is in place to withstand Tax authority scrutiny for the required periods.
• Dealing with any queries raised the Regulator or UAE MoF on a timely basis.
• Assisting the Group Head of Tax and Group Tax team with on-going direct tax issues arising for the Group as needed.
• Working with the Tax team to support absentees or assisting during time of need

Key Accountabilities

• Ability to interact with multiple stakeholders across the bank
• Ability to work under pressure and within tight deadlines
• Dealing with external consultants wherever required
• Dealing with UAE FTA as required on a timely basis
• Character to persevere and ensure completion of required tasks
• Showing strong interpersonal skills

Specific Accountability

• Monitor adherence to FAB’s Direct tax policy for UAE taxation
• Identify and log any Tax gaps providing input to risk register
• Assist to develop, update, and improve Tax policies across all business lines as relevant
• Ensure compliance is in accordance with UAE Regulations
• Ensure tax documentation is in place to support Tax positions taken in reporting
• Assist in closing any tax authority or regulatory enquiries / audits on tax issues
• Assist in working with closing current and historic GIA points raised on Tax
• Participate in New product calls and sign-off approvals as required
• Keep up to date with relevant Tax technical regulations
• Support Finance and Business teams on any tax analysis and issues arising (e.g., tax office enquiries)
• Ensure documentation retained succinctly and stored appropriately for future tax authority challenges
• Log all on-going tax calls and issues for Group Head of Tax to address
• Assist on ad-hoc projects as needed

Minimum Qualification

• Relevant academic qualifications (Accounting/Tax preferred) e.g. ACCA, AAT, UAE CIT etc
• Minimum First degree qualification required

Minimum Experience

• General financial accounting experience required
• Some specific corporate tax experience preferable
• Banking industry experience preferred
• Work experience in another country preferred
• Good communication and interpersonal skills
• Attention to detail
• Quick learner
• Ability to use own initiative
• Able to record issues
• Ability to handle pressure and tight timeframes
• Ability to work on project based tasks in an unstructured environment