At RAKBANK, we believe in fostering a culture of innovation, growth, and excellence. We are not just a bank – we are a community that thrives on teamwork, cutting-edge solutions, and the highest standards of governance. Now, We’re looking for a dynamic Taxation Analyst to join our team at Dubai Silicon Oasis, where you'll lead the way in leveraging your expertise in Finance, you will drive the development and deployment of innovative models and insights that align with the bank's strategic objectives, ensuring measurable impact and value creation.

• Prepare monthly Value Added Tax (VAT) returns along with supporting documents.
• Ensure accuracy in calculations relating to VAT returns.
• Checking Profit & Loss (P&L) reconciliation for VAT payable and ensuring accuracy.
• Check reconciliation across various systems for VAT payable and highlight the differences with IT if any
• Ensure sample verification of PDF Tax invoice / Tax credit note on a monthly basis for both corporate and retail customers.
• Calculation of Input VAT workings and conversion based on Central Bank rate.
• Control checks for Input VAT to ensure VAT compliance.
• Ensure compliance from VAT Law & Regulation perspective.
• Recommend automation for Output/Input VAT and become key member in transformation.
• Ensure all VAT related activities are actioned on a timely basis within internal & regulatory deadlines.
• Verification of manual tax invoice on a regular basis and ensure process and proper approvals are in place.
• Process note preparation and other documentation relating to VAT.
• Preparation of other Tax returns e.g. Economic Substance Report (ESR), Country-by-Country Reporting (CbCR), Tax Residency Certificate (TRC), and other Tax related obligations.
• Review various documents to advice on potential Tax impact.
• Responsible for all VAT related activities including invoicing and VAT returns calculation.
• Responsible for various calculations relating to Input VAT and Output VAT
• Responsible for review of various reports and calculations relating to Input VAT 
• Resolve VAT related queries from various business units, customer complaints etc.
• Responsible for VAT compliance
• Preparation of any workings / details with respect to VAT return filing , Economic Substance report, CbCR ,TRC and other Tax related obligations
• Liaise with Auditors (under guidance of Finance Manager) and provide explanations/supporting documents
• Ability to interpret VAT & other Tax laws in order to advise on business transactions
• Ability to provide system/non system based solutions to ensure VAT compliance
• Responsible for all VAT related activities including invoicing and VAT returns calculation.
• Responsible for various calculations relating to Input VAT and Output VAT
• Responsible for review of various reports and calculations relating to Input VAT 
• Resolve VAT related queries from various business units, customer complaints etc.
• Responsible for VAT compliance
• Preparation of any workings / details with respect to VAT return filing , Economic Substance report, CbCR ,TRC and other Tax related obligations
• Liaise with Auditors (under guidance of Finance Manager) and provide explanations/supporting documents
• Ability to interpret VAT & other Tax laws in order to advise on business transactions
• Ability to provide system/non system based solutions to ensure VAT compliance

• Chartered Accountant / Certified Public Accountant
• Knowledge of UAE VAT law and regulations
• Minimum of 3-5 years of hands on experience in a large Business (turnover 500m +)
• Knowledge of Banking systems and products would be a plus
• Knowledge of regulations / standards related to Tax
• Knowledge of Power BI / Automation would be an added advantage