VAT Lead

Press Tab to Move to Skip to Content Link Select how often (in days) to receive an alert: Create Alert Manage assigned Indirect Tax compliance of the group. This will include day-to-day Indirect Tax advisory of the BUs; consolidation and review of the VAT/Excise tax returns; reconciliation of the VAT returns with TB, managing the FTA portal relating to VAT and Excise tax records; preparation and submission of Voluntary Disclosures, VAT refunds and amendments to the tax registration records; managing the required modification to the Group's ERP systems, etc. Taxation/VAT/Excise/Customs Obtain complete understanding of applicable VAT and other indirect tax laws and framework in the GCC and wider Middle East region. Keep updated on latest amendments/judgements. Work closely with cross functional team to evaluate the impact of Indirect Taxes on IFFCO’s operations. Ensure that these are satisfactorily addressed. Identify potential contentious VAT issues/interpretation of law. Obtain clarity and ensure resolution. Ensure that relevant IFFCO BUs are informed of any Indirect Tax legislation changes. Ensure compliance with applicable VAT/Excise tax/Customs laws. Conduct periodic internal tax audits. Fillings Ensure timely regulatory filing, tax accounting/reconciliation, resolution of accrual accounts and processing of tax refunds, where applicable. Effectively use technology at all stages of the indirect tax compliance process to help businesses save time, reduce tax risk, lower costs, improve cash flow and unlock indirect tax savings. Facilitate strategic tax planning and achievement of business objectives and tax-saving opportunities. Proactively identify and mitigate tax risks. Assist in preparation and conduct periodic tax training for BU Finance, Supply Chain, and other relevant teams on VAT/Excise/Customs-related topics. KPIs Liaise with the Head of Tax, Indirect Tax Lead and BUs to ensure Group compliance with all requirements of VAT/Excise tax/Customs laws. Timely consolidation, review and filing of VAT and Excise tax returns. Preparation and submission of Voluntary Disclosures, Tax refunds and other tax submissions on the FAT portal. Ensuring the relevant tax payments are settled with the FTA by the due date. Work experience requirement 8+ years relevant in-house experienceof handling VAT and other indirect tax matters in MNCs (preferably in CPG industry) or Big Four audit firms. Prior experience of first time implementation of VAT/GST would be an advantage. Qualification Professional accounting/tax qualification (CA/CPA/ACCA or equivalent). A legal qualification will be an added advantage. Business Acumen Taxation and Impact on Business Maintaining Procedures and Standards Research and Reporting Self and Team Management Planning & Decision Making Strategic Thinking Change Management Ownership & Result Orientation Business Unit: Corporate-Finance DMCC (5350) #J-18808-Ljbffr