Specialist- Taxation (Emiratizated Role)

Company Description

Join 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 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

Qualifications

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