Job Description

Job Summary:

The VAT Accountant will be responsible for managing all VAT-related activities, ensuring accurate tax calculations, filing, and compliance as per UAE Federal Tax Authority (FTA) regulations. The role involves maintaining accurate records, reconciling VAT accounts, and supporting the finance team in ensuring trading-related transactions are VAT-compliant (purchases, imports, exports, stock transfers, credit notes, etc.).

Key Responsibilities:1. VAT Compliance & Reporting

Prepare and file monthly/quarterly VAT returns in compliance with FTA guidelines. Verify VAT calculation on all sales and purchase invoices. Maintain proper documentation for zero-rated, exempt, and standard-rated supplies. Ensure timely payment of VAT liability to the FTA.

2. VAT Reconciliation

Monthly reconciliation of input and output VAT. Identify variances between books and VAT reports and resolve discrepancies. Reconcile VAT-related accounts with ledgers and ERP.

3. Trading & Import-Export VAT Handling

Manage VAT treatment of import shipments, customs declarations, and e-services. Coordinate with clearing agents for import codes, import VAT, and customs payments. Ensure correct VAT treatment for export sales and out-of-scope transactions. Maintain records for reverse charge mechanism (RCM) purchases.

4. Documentation & Record Keeping

Organize VAT supporting documents: invoices, purchase orders, DR/GRN, contracts, shipping documents, etc. Ensure proper retention of VAT records as per FTA requirement (5 years). Prepare VAT audit files and support FTA reviews/inquiries.

5. Internal Control & Verification

Review supplier invoices for VAT compliance. Verify customer TRN details before processing VAT invoices. Ensure ERP settings for VAT codes are correct and updated. Monitor accuracy of VAT postings in the system.

6. Reporting & Support

Prepare periodic VAT summary reports for management. Support the finance team in monthly closing activities (VAT provisions, adjustments, etc.). Conduct internal training for staff on VAT rules and changes (if required). Liaise with auditors, consultants, and FTA when required.
Job Types: Full-time, Permanent

Pay: AED3,500.00 - AED8,000.00 per month

Experience:

Trading Industry in UAE: 3 years (Required)
Language:

* Arabic (Required)