.
Job Purpose
Control all types of tax reports (WHT, VAT, Transfer Pricing) and related auditing efficiently, in timely manner and quality standards as per the defined policies and procedures to achieve departmental operational plans and developments within wider scope.
Key Accountability Areas
Transfer Pricing Policies
- Monitor and ensure compliance with transfer pricing policies on intercompany transactions, including royalties, management fees, and intercompany product purchases.
- Manage and prepare documentation for transfer pricing studies, ensuring compliance with relevant regulations.
- Identify and implement tax planning opportunities to minimize the company's global tax burden.
- Participate in tax planning discussions, meetings, and conference calls.
- Manage value-added tax (VAT) exposure and assist with VAT planning.
- Oversee the preparation of transfer pricing documentation for all foreign and cross-border related party transactions.
Liaison with Internal and External Stakeholders
- Collaborate with internal departments and foreign advisors to address tax-related issues.
- Work with external tax advisors and auditors to address tax inquiries and resolve disputes.
- Collaborate with other departments to develop and implement tax compliance procedures and controls.
Consolidation and Review
- Manage the process for consolidating and reviewing tax estimates provided by tax teams for budgets and forecasts.
- Advise on the tax implications of international transactions, including mergers and acquisitions, foreign investments, and cross-border financing.
- Assist with tax audits and investigations.
Supervision and Review
- Supervise concurrent engagements, review senior and staff work, and ensure proper documentation.
- Prepare and review international tax returns and reports for various jurisdictions.
- Stay current with international tax regulations and developments and analyze their impact on the company's tax position.
- Maintain accurate and up-to-date tax records and documentation.
Role Accountability
HR Proficiency:
- Ability to recruit, recognize and cultivate high performers and expose them in order to create a robust second line of management.
- Ability to recognize low performers and guide them to improve or release them.
- Ability to treat subordinates equally without any discrimination.
- Assessment criteria of subordinates is performance that leads to planned results.
- Ensure availability of delegation of authority matrix to have sufficient delegations as per company policy.
Responsibility:
- Must take full responsibility for his operation as per the job description and the required deliverables from this position, taking into consideration the general company guidelines.
- Able to anticipate problems and make the necessary proactive steps to prevent them
- Ability to take necessary and proper timely decisions.
Delivery:
- Deliver the required results in timely manner with required quality and cost.
Making a Tangible Difference:
- Must make a tangible difference to his area of operation. and exceed business expectations.
Business Planning and Performance:
- Able to transform the corporate goals into business plans.
- Able to Plan, follow-up and execute those plans, whether they are annual or development plans.
- Monitor the plan performance and initiate action to strengthen results and take the corrective action accordingly.
- Provide periodic work progress reports.
- Responsible for monitoring and controlling budgets and expenses to achieve the optimum cost efficiency.
Organizational Development:
- Develop the organizational structure according to the current requirements taking into consideration future and development plans.
- Ensure availability of job descriptions for all job roles and deployment.
Business Process Improvements:
- Develop, coordinate well-defined written systems, policies, procedures, and seek automations opportunities as much as possible.
- Should be conversant and able to navigate through IT solutions especially those relevant to his job and business.
- Promote the automated systems and using them fully, to spread its culture.
Quality:
- Quality is considered as alfanar’s prime competitive advantage as such, managers are expected to act accordingly.
Adaptation:
- Adapt to new and alternative techniques, technologies, management structures, and business models.
Health, Safety and Environment:
- Ensure a safe, secure, and legal work environment as per the standard regulations.
Academic Qualification
Bachelor Degree in Accounting and Finance or Any relevant field
Work Experience
6 to 10 Years
Technical / Functional Competencies
Excise Taxes
Tax Accounting
Tax Analysis
Tax Authorities
Tax Compliance
Tax Law
Tax Return Peparation
