Assistant Manager - Tax

Tax Compliance and Reporting

• Assist in the preparation and timely filing of corporate tax, VAT returns, and other tax filings to ensure compliance with local tax regulations.
• Review and analyse tax computations, ensuring accuracy and completeness of tax filings.
• Support the team in managing tax audits, providing necessary documentation, and responding to tax authority queries.

Tax Planning and Strategy

• Assist in the development and execution of tax strategies aimed at minimizing the companys overall tax liabilities while ensuring compliance with applicable laws.
• Collaborate with senior management to evaluate the tax impact of business decisions and recommend tax-efficient structures and transactions.
• Research and stay updated on local and international tax legislation, identifying opportunities for tax optimization and risk management.

VAT Compliance and Management

• Manage the preparation and timely filing of VAT returns, ensuring full compliance with VAT regulations.
• Monitor VAT-related transactions and assist in VAT audits, ensuring compliance with local laws and efficient handling of VAT refunds or claims.
• Provide guidance on VAT implications for different business activities, such as sales, purchases, imports, and exports.

Transfer Pricing

• Assist in the implementation and monitoring of transfer pricing policies in accordance with local regulations and OECD.
• Support in the preparation of transfer pricing documentation and ensuring compliance with country-specific transfer pricing requirements.

Tax Risk Management

• Assist in creating, maintaining, and regularly updating the Tax Risk Register, identifying, and mitigating potential tax risks within the business operations.
• Develop and monitor the effectiveness of internal controls to minimize tax risks, ensuring compliance with applicable regulations and policies.
• Work closely with cross-functional teams to ensure all identified tax risks are addressed proactively.

Tax Memo Preparation

• Prepare Tax Memos to document the companys positions on specific tax matters, including tax planning strategies, tax risk assessments, and interpretations of complex tax laws.
• Provide tax technical support and guidance to accounts and business team by preparing well-supported Tax Memos on issues related to corporate tax, VAT, transfer pricing, and other tax matters.

Tax Accounting

• Support the preparation of tax provisions for financial reporting, ensuring accurate and timely reflection of tax positions in financial statements.
• Assist in reconciling tax-related balances in the companys general ledger and ensuring alignment with tax filings.

Liaison with Tax Authorities

• Act as a point of contact for tax authorities, supporting the resolution of queries or disputes in a timely and efficient manner.
• Assist with preparing and filing tax refunds and claims for tax exemptions.

Tax Compliance for New Projects

• Provide tax-related guidance on new business initiatives, such as acquisitions, new store openings, and other strategic projects, ensuring that tax implications are fully considered in advance.

Documentation and Record Keeping

• Ensure proper documentation of tax-related decisions and actions taken, maintaining an organized and comprehensive tax records system.
• Support the preparation of reports and presentations for internal and external stakeholders on tax-related matters.

Team Support and Development

• Assist the Tax Manager in coordinating the activities of the tax team, ensuring that tasks are completed efficiently and on time.
• Provide training and support to junior team members on tax processes and compliance.

Preferred candidate profile

• 5-8 years of experience in Corporate Tax and VAT.
• Strong knowledge of UAE Corporate Tax, VAT, and Transfer Pricing.
• Experience in tax audits, tax accounting, and financial reporting.
• Knowledge of OECD Transfer Pricing Guidelines.
• Experience in the retail industry is preferred.
• Excellent analytical, communication, and stakeholder management skills.