
Website ENOC
Job Description:
UAE Value Added Tax and Economic Substance Regulation Compliance
Job Responsibilities:
- Coordinating with Lawyers on filing of statement of claim with the Court.
- Participates in projects that require input and advice from Finance.
- Ensure for a timely & accurate preparation of bank reconciliation for all banks & make sure that all pending items are cleared on a timely basis.
- Keep apprised of the VAT Public clarifications from FTA and execute changes in system/Filed returns
- Responsible for finalization of annual accounts, as per local standards (where applicable) and international standards like IFRS in line with external reporting timelines
- Address to the VAT queries of Business and Finance departments
- Knowledge about other Financial & Accounting Control tasks
- Managing Economic Substance Regulation Compliance.
- Managing VAT compliance and obtaining VAT registration.
- Assist the Manager Financial Accounting & Control with ad hoc projects and special assignments.
- Perform/controls accounting and tax due diligence exercise with respect to potential mergers and acquisitions and /or proposed restructuring scenarios.
- Reviews all the reconciliations and schedules and identifies corrective actions.
- Perform User Acceptance Testing for the system developed.
- Obtaining VAT clarifications with FTA.
- Filing Voluntary Disclosures and Re-consideration requests with FTA and Objections before TDRC.
- Communication of VAT positions from AR and AP perspective with the Business team.
- Other projects like review of agreements, DOA, policies and procedures etc. as and when arises.
- Checks all invoice payment before sending them to authorized signatory to ensure no double payment.
- ERP / System Development – Providing feedback to the IT team for VAT related system developments.
- Coordinating with Internal concerned parties and Consultants for submitting the ESR reports within the set timeframe.
- Coordinating with VAT consultants for seeking Tax opinions.
- Provide backup support for team members during their leaves
- Identify system requirements for all concerned areas of the respective BU for system development.
Job Requirements:
- Presentation Skills: Good
- System Skills: ERP system exposure, MS Office
- Inter Personal Skills: Good
- Communication Skills: Good
Qualification & Experience:
- Educational Qualification: A university graduate in Finance/Accounting.
- Experience: 2 to 4 years.
Job Details:
Company: ENOC
Vacancy Type: Full Time
Job Location: Dubai, UAE
Application Deadline: N/A
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