Job Description

Job Title Tax Manager

Description

Tax Manager - Start Immediately
Company :

Petrofac

Job Type :

Full Time

Sharjah
Apply Now


We are searching for an energetic Tax Manager to join our awesome team at Petrofac in Sharjah.
Growing your career as a Full Time Tax Manager is a great opportunity to develop productive skills.
If you are strong in problem-solving, creativity and have the right drive for the job, then apply for the position of Tax Manager at Petrofac today!

Petrofac is currently looking to recruit a Tax Manager on a permanent basis based in Sharjah, UAE.

What we do

Petrofac is a leading international service provider to the energy industry, with a diverse client portfolio including many of the world's leading energy companies.

We design, build, manage and maintain infrastructure for the energy industries. Our comprehensive and tailored service offering covers each stage of the project life cycle and a variety of commercial models, giving our clients the flexibility, they need.

Equal Opportunities

We recruit, reward, and develop our people based on merit regardless of race, nationality, religion, gender, age, sexual orientation, marital status or disability. We value our people and treat everyone who works for or with Petrofac fairly and without discrimination.

Petrofac is striving to develop a diverse and inclusive culture where everyone can contribute. We encourage everyone to apply, especially those individuals who form part of underrepresented groups. Applications are also welcome from candidates who want to discuss flexible working or job-sharing requests.

Main purpose of role:

Manage the tax position for Asset Solutions East

KEY DUTIES & ACCOUNTABILITIES

Tax Compliance
Manage tax compliance processes for ASE and ensure that all tax compliance requirements are delivered timely and accurately for all in-scope taxes, i.e. direct tax, indirect tax, transfer pricing reports, etc.
Review and ensure that all positions taken in filed tax returns are technically robust, and are adequately supported and documented so that all tax submissions are "audit ready"
Document in a robust manner all tax compliance processes
Work closely with project and other internal teams to understand, assess and mitigate tax risks on projects
Actively manage external tax advisers, their fees and performance, supporting the delivery of the tax fees budget of the business unit
Manage and work with external auditors to ensure that tax audit processes are completed smoothly
Identify and implement solutions to improve the effectiveness and efficiency of tax compliance processes

Tax Reporting
Deliver on time and right first time internal and external tax reporting for the business unit
Prepare and update project tax calculations including estimates of tax at project completion, current tax vs deferred tax split, cash tax forecasts, etc.
Prepare tax movement schedules, and periodically analyse, true-up and validate tax balances
Maintain a tax risk register for the business unit and ensure that all material provided and unprovided tax risks are identified, understood, and tracked
Ensure that all uncertain tax treatments (UTTs) are properly documented and supported
Track and understand the tax compliance cycle in each jurisdiction in order to ensure that tax impacts are correctly reflected in the Group's financial statements
Periodic review of tax ledgers to ensure the correctness of the reported tax numbers
Ensure that tax payments are correctly recorded in the accounts, and are allocated to the correct project
Compile and report tax payments made across jurisdictions and ensure that adequate documentation is maintained
Support the preparation of tax disclosures and schedules for legal entity financial statements
Deliver timely, right first-time and insightful updates to senior management on the tax position of ASE

Tax Controversy
Manage tax controversy matters for the business unit ensuring that tax assessments, settlements and disputes with the tax authorities are concluded on the most favourable terms possible

Other
Monitor legislative changes, assess the impact on the business unit, and propose and implement responses as appropriate
Ensure full compliance with all tax laws and Petrofac Group policies, standards, and procedures
Address ad-hoc tax related queries from colleagues and support ad-hoc tax projects as required
Train and raise awareness within the ASE team of the Group's tax reporting requirements and processes
Assess and implement opportunities for legal entity simplification
Optimize the tax position - book and cash - of ASE projects and contracts

Financial Controls
Monitor the financial statements risks associated with tax and respond by ensuring the appropriate financial controls are designed, implemented, and operated effectively to provide reasonable assurance on the integrity of the financial statements
Assess opportunities to optimise the financial controls framework

Process Improvement
Identify ESSA (elimination, standardisation, simplification, and automation) opportunities, and communicate to relevant stakeholders' inefficiencies including suboptimal tax processes
Build and sustain a network of key stakeholders to deliver process improvements
Improve data management and report automation through close collaboration with the Information Technology (IT) function
Proactively support the implementation of Oracle Tax Reporting Cloud Services (TRCS) and ensure that it delivers the intended benefits

PERSON SPECIFICATION

Qualifications:

Degree level education
Tax professional qualified to UK Chartered Institute of Taxation ATII, UK Chartered Accountant, or equivalent

Skills and competencies required:

Tax professional with relevant in-house experience
Oracle including TRCS
Excel
Reporting writing and analytical skills
Ability to work effectively with all areas of the business and to communicate with colleagues, and build effective relationships
Ability to critically analyse current work methods and suggest and rapidly implement successful change
Strong verbal and written communication in English

Experience:

At least 4-5 years' tax experience with a listed multinational company
Big 4 accounting firm trained, relevant work experience in oilfield services preferred
Good working knowledge and experience of application of IFRS

Attributes:

Ability to work effectively as part of a global virtual team
Deadline focused, thrives in a high-pressure environment
Ability to self-manage and work autonomously
Diligent and dependable, works with a high degree of attention to detail
Strong interpersonal skills
Willingness to do all requested ad-hoc work
Company Benefits:
? Learning opportunities
? Company offers career progression opportunities
? Competitive salary
Apply Now
Sharjah
How to get there? View similar Education / Training jobs below Similar I was a teacher / mentor of :seeker jobs in the UAE grabjobs.co asks for your consent to use your personal data to:
perm_identity Personalised ads and content, ad and content measurement, audience insights and product development
devices Store and/or access information on a device

Some vendors may process your personal data on the basis of legitimate interest, which you can object to by managing your options below. Look for a link at the bottom of this page or in our privacy policy where you can withdraw consent.

You have applied correctly

A message has been sent to the employer, you are going to receive the reply soon. Good luck!

You have applied correctly

The request has been sent correctly. However, we have seen that your resume is incomplete. We highly recommend you to fill it to let the employer know you. These are the fields you have empty: