Job Description
Company DescriptionJoin the UAE’s largest bank and one of the world’s largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders and communities to grow through differentiation, agility and innovation. We are looking for top talent and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark a top company, in an exciting and dynamic industry. Job DescriptionThe 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 reconciliationDealing with setting up and submitting tax information on the AmaraTax portalBeing 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 needKEY ACCOUNTABILITIESAbility to interact with multiple stakeholders across the bankAbility to work under pressure and within tight deadlinesDealing with external consultants wherever requiredDealing with UAE FTA as required on a timely basisCharacter to persevere and ensure completion of required tasksShowing strong interpersonal skillsSpecific AccountabilityMonitor adherence to FAB’s Direct tax policy for UAE taxationIdentify and log any Tax gaps providing input to risk registerAssist to develop, update, and improve Tax policies across all business lines as relevantEnsure compliance is in accordance with UAE RegulationsEnsure tax documentation is in place to support Tax positions taken in reporting Assist in closing any tax authority or regulatory enquiries / audits on tax issuesAssist in working with closing current and historic GIA points raised on Tax Participate in New product calls and sign-off approvals as requiredKeep up to date with relevant Tax technical regulationsSupport 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 challengesLog all on-going tax calls and issues for Group Head of Tax to addressAssist on ad-hoc projects as needed#LI-MA3QualificationsMinimum QualificationRelevant academic qualifications (Accounting/Tax preferred) e.g. ACCA, AAT, UAE CIT etcMinimum First degree qualification requiredMinimum ExperienceGeneral financial accounting experience required Some specific corporate tax experience preferableBanking industry experience preferredWork experience in another country preferredGood communication and interpersonal skillsAttention to detailQuick learnerAbility to use own initiativeAble to record issuesAbility to handle pressure and tight timeframesAbility to work on project based tasks in an unstructured environment