Manager, Tax
- Full-time
- Business unit: Chief Financial Office
- Division: Financial Reporting & Tax
Company Description
Established in 2006, Masdar (Abu Dhabi Future Energy Company) is a global clean energy leader, transforming how the world produces and consumes energy through bold innovation and commercial excellence.
Masdar is a clean energy investor, developer and operator, advancing renewable energy projects across key markets and technologies, with a global project portfolio capacity to date of over 65 gigawatts (GW).
Jointly owned by TAQA, ADNOC and Mubadala, Masdar is driving the scale-up of renewables worldwide, targeting a portfolio capacity of 100GW by 2030.
Job Description
Tax Manager will support Masdar Tax Team, adding value in a multi-disciplinary context and providing in-depth knowledge and advice on CIT/VAT mattersas well as managing tax accounting.
Also, will manage Masdar’s operational tax compliance obligations in the UAE in order to ensure compliance with regulations and standards at all times and timely tax provisioning (incl. income tax provision, Pillar 2 top-up tax provision, preparation of the FS tax disclosure note).
Responsibilities:
- Prepare quarterly UAE tax provision
- Prepare quarterly Pillar 2 top-up tax provision
- Prepare of quarterly tax disclosure note for Group FS
- Reconcile and analyze tax expense reported by overseas projects
- Calculate HO Cost Allocation file for TP adjustment purposes
- Manage CIT compliance process at Masdar, including tax registrations, filing tax returns, refunds and correspondence with the FTA.
- Manage (i) correspondence with the FTA in relation to audit and refund-related queries, including preparation of defence files and clarification / reconsideration requests as needed and (ii) relationships with business services partners and external tax advisors on CIT compliance matters.
- Apply for TRCs with the FTA.
- Provide UAE CIT/VAT support on both complex and day-to-day transactions within the Masdar group.
- Review and advise on the CIT/VAT treatment of transactions, review agreements and advise on appropriate tax clauses to mitigate tax risks to Masdar; advise on the CIT/VAT implications of transactions on financial models where necessary and advise on the wider VAT implications of specific transactions, e.g. on VAT recovery.
- Liaise / manage the advisory relationships with
- external tax advisors and interact with other transaction advisors.
- Manage VAT compliance process at Masdar.
- Perform pre-month closing review of tax codes for AR and AP books.
- Support in the development of tax policies and procedures and their implementation.
Qualifications
Preferred Qualifications:
- Bachelor in Finance or Accounting field
- Tax or accounting specialization is required
Preferred Experience:
- Tax accounting experience.
- At least 2-3 years of experience with the UAE corporate taxation and preferred experience with UAE VAT
- Experience gained through employment with Big 4 accounting firms or law firms, work with a top-tier taxation advisory firm and UAE based historic experience is required
- In-depth knowledge of UAE CT and VAT, accounting and IFRS standards (in particular IAS12)
- Experience of interacting with tax authorities, assisting clients with tax audits, tax appeals, claiming refunds, preparing supporting documentation, etc.
- Good verbal and written communication and presentation skills, demonstrating the ability to communicate information and ideas clearly and confidently.
- In-depth knowledge of UAE CT and VAT, accounting and IFRS standards (in particular IAS12)
- Experience of interacting with tax authorities, assisting clients with tax audits, tax appeals, claiming refunds, preparing supporting documentation, etc.
- Good verbal and written communication and presentation skills, demonstrating the ability to communicate information and ideas clearly and confidently.
Additional Information
As part of the application process, we will collect, store and process personal information about you.
Masdar will use your personal information in accordance with our Candidate Privacy Notice, which provides details on the purposes for which your data is processed.
By clicking the link above or any third-party link within this posting, you are leaving this site and going to a third-party website where the third-party website's terms and privacy policy apply