Chartered Accountant
5 days ago
Job Title : Taxation Manager
Department : Taxation
Location:Gurgaon
Client Base: UAE
Job Summary:
The Taxation Manager is responsible for overseeing all aspects of corporate tax accounting and compliance, including the review of tax accounting processes, scrutiny of transactions, computation of tax liabilities, management of Deferred Tax Assets and Liabilities (DTA/DTL), and Transfer Pricing (TP) accounting.
Key Responsibilities:
1. Tax Accounting & Compliance:
o Review and ensure the accuracy of tax accounting, including the preparation and filing of corporate tax returns in compliance with UAE CT laws.
o Oversee the computation of corporate tax liabilities, ensuring accurate calculation and reporting of taxable income, deductions, and credits.
o Manage tax provision processes, including the preparation and review of tax journals, reconciliations, and disclosures in the financial statements.
2. Scrutiny of Transactions:
o Conduct thorough scrutiny of financial transactions to identify and assess tax implications.
o Ensure that all transactions are recorded in accordance with applicable tax laws and accounting standards.
o Review and analyze related party transactions to ensure compliance with transfer pricing regulations.
3. Deferred Tax Accounting (DTA/DTL):
o Manage the calculation and reporting of Deferred Tax Assets and Liabilities, ensuring accurate reflection in the financial statements.
o Monitor and analyze the impact of temporary differences on tax computations and financial reporting.
o Ensure compliance with International Financial Reporting Standards (IFRS) and local tax regulations regarding deferred tax.
4. Transfer Pricing (TP) Accounting:
o Review and maintain transfer pricing documentation to support intercompany transactions and ensure compliance with local and international TP regulations.
o Analyze intercompany pricing policies and develop strategies to optimize TP positions.
o Liaise with external advisors to prepare and file TP documentation and reports.
5. Reporting & Documentation:
o Prepare and review tax reports, including quarterly and annual tax provisions, compliance reports, and management reports.
o Maintain accurate and up-to-date documentation of all tax-related processes, policies, and decisions.
6. Team Leadership & Development:
o Lead and mentor a team of tax professionals, providing guidance and support to ensure high standards of performance.
o Conduct regular training sessions to enhance the team's knowledge of tax regulations and accounting standards.
Qualifications & Skills:
Education : A professional qualification such as CA, CPA, ACCA, or equivalent is preferred.
Experience : Minimum of 6 years of experience post qualification
Technical Skills :
o Proficient in tax accounting and compliance.
o Strong knowledge of IFRS, especially related to tax accounting and deferred tax.
o Proficiency in accounting software (e.g., SAP, Oracle) and advanced Excel skills.
Analytical Skills : Ability to analyze tax issues and develop effective solutions.
Communication Skills : Excellent verbal and written communication skills, with the ability to explain complex tax concepts to non-financial stakeholders.
Attention to Detail : Strong focus on accuracy and compliance in tax reporting and documentation.
Leadership Skills : Proven experience in leading and developing a team of tax professionals.
Key Competencies:
Strategic thinking and proactive problem-solving.
Ability to manage multiple priorities and work under tight deadlines.
High level of integrity and commitment to ethical conduct.
Strong organizational and project management skills.
Additional Requirements:
Ability to stay updated with changes in tax regulations and accounting standards.
Flexibility to adapt to new challenges and changing priorities in a dynamic business environment.
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