Job Description
The Senior Tax Accountant will be primarily responsible for the delivery of tax reporting and compliance requirements in the assigned region. When required, the Senior Tax Accountant will also provide support with general finance and accountancy functions, when tax related matters allow it.
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.
KEY RESPONSIBILITIES:
- Help with improvements regarding the tax accounting and compliance process
- 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
- Ensure adherence to compliance-related deadlines such as extensions, tax estimate requirements, tax return filings and other tax related services
- Prepare, record and submit tax entries in the assigned region to the Line Manager
- Ensure the organisation is up to date all local tax legislation. Identify and ensure any non-compliance is reported and properly addressed
- Perform year-end accrual review and prepare the tax provision
- Liaise with auditors (internal and external) and tax consultants
- Review and analyse financial statements for necessary tax adjustments and prepare periodic tax reports
- Prepare tax payments, estimates and track tax returns. Prepare corresponding accounting entries
- Compile data and perform inquiries relative to the tax provision and tax return processes
- Forecast tax predictions to senior managers
- Prepare and review other various annual and quarterly tax reports
- 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
- 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
Skills
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 Arabic 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
- Experience with Direct Tax such as Corporate and Withholding Tax
- Powered access, heavy machinery, construction or related industry experience preferred
Job Details
- Job Location
- Dubai United Arab Emirates
- Company Industry
- Construction & Building; Technical Maintenance & Repair; Technical Maintenance & Repair
- Company Type
- Employer (Private Sector)
- Job Role
- Accounting and Auditing
- Employment Type
- Full Time Employee
- Monthly Salary Range
- Unspecified
- Number of Vacancies
- 1
