Activités
TAX: Act as the key point of contact and support for the affiliate's taxation, including VAT matters and manage the relationship of the MEA Hub and external tax consultants
- Ensure proper computation of tax liabilities through informed application of tax laws and regulations.
- Manage tax compliance, reporting and filling works.
- Establish systems and processes for tax risk management.
- Liaise with tax authorities and provide tax audit support.
- Prepare annual income & deferred tax calculation and operation revenue returns.
- Review income and deferred tax provisions.
- Ensure reconciliation of tax data with SAP and financial statements.
- Ensure all rebates and claims are followed and refunds obtained in a timely manner.
- Provide internal tax advisory services, training, and support on business operational matters.
- Providing guidance and advice to Finance team, Contract Engineers and Buyers on the most appropriate tax structuring in contracts, both general and specific.
- Assess Transfer Price risks.
- Update all concerned parties on any new tax regulations & enforce related action plan.
- Design and disseminate tax information and guides to company personnel including but not limited to Finance and miscellaneous budget holders.
- Handle All taxes issues related to mergers, acquisitions & divestment & propose cost related savings.
- Liaise with tax consultant & external auditor for any tax issues.
- Perform tax Activity and Entity Level Controls.
- Lead and coordinate ad-hoc tax driven business initiatives.
VAT: Identify and manage VAT risk. Act as the day-to-day contact between different departments with respect to VAT advisory matters and compliance.
- Prepare, validate and submit all required VAT returns, supporting schedules and any documentation/responses as may be required by the Tax Authorities across MEA Region for all the legal entities of the Hub.
- Implement VAT principles, policies, and processes to ensure completion and compilation of VAT mechanism across the hub.
- Ensure compliance of VAT data collection (including the goods import data from the Customs), review, consolidation, preparation, and payment of quarterly VAT liability.
- Perform monthly reconciliation of the VAT & Customs balances with the General Ledger and maintain the documentation.
- Coordinate with other affiliates and the IT to setup the VAT in SAP.
- Providing guidance and advice to Finance team on the booking of invoices with the appropriate VAT code.