Job Information
Dubai Holding Senior Accountant - Taxation - Finance - Dubai Holding Group Services in Dubai, United Arab Emirates
Dubai Holding is looking to hire a Senior Accountant – Taxation who will be responsible for supporting all VAT reporting and preparation activities as part of the VAT reporting team within DH Group Services (GS), the newest business unit at Dubai Holding (DH). The role holder will support the Manager – Taxation in meeting value creation, continuous improvement, enhanced internal controls and process optimisation goals. The role holder will deliver on own functional goals and objectives while focusing on customer centricity and service excellence, in alignment to DH GS shared vision.
The candidate should be a team player with a collaborative approach, a self-starter with the ability of executing and contributing to overall success.
Key Accountabilities:
Functional Execution Excellence
Deliver in adherence to the processes, guidelines, and protocols for all VAT reporting and preparation activities in line with set standards & protocols.
Report on key performance indicators, highlight operational gaps and recommended mitigation tactics to the Manager – VAT on dealing with the challenges.
Monitor regulatory updates and incorporate the necessary changes to VAT functional activities.
Work in individual capacity to implement improvement projects being undertaken within the function.
VAT
Review VAT based transactions executed in alignment with set processes and policies.
Stay updated on applicable VAT for the various entities and adopt changes required to existing VAT processes and policies as guided by the reporting manager.
Work with VAT consultant to get inputs on preparation of VAT returns, including VAT treatment exceptions.
Calculate and prepare VAT reports, accurately record calculations and estimations for DH purchases basis transactions by the verticals.
Prepare the VAT return and common cost allocation; submit the tax return report and get sign-off on the VAT return checklist from the relevant stakeholders.
Monitor and ensure timely filing of VAT returns.
Undertake reconciliation activities for VAT payable and receivable accounts.
Prepare and send DH verticals the monthly VAT settlement entry for month end posting activities.
Support in the follow-up and realisation of VAT refund claims and documentation of calculation / estimations for refund claims.
Continuous Improvement and Process Optimisation
Understand the latest developments in the market, and provide recommendations for improvement opportunities to the Manager – VAT.
Work on identifying and implementing cost reduction and automation opportunities for efficiency improvement within existing processes.
Interface and support the Manager - VAT in working with internal and external stakeholders for implementing process improvements.
Report the effectiveness of process improvements basis set reporting metrics and templates.
Self-Management
Meet individual objectives and priorities in line with the DH GS Finance and overall GS objectives, within the set milestones.
Complete assigned upskilling and continuous development initiatives set by reporting manager and implement those learning in existing ways of working.
Practice a customer centric and service mindset culture, drive innovation in the existing role and have a high-performance mindset to generate high value for the DH GS Finance function.
Proactively seek feedback and identify opportunities for professional development and growth.
To qualify for the role, candidate must have
Minimum of 3-5 years of experience in taxation roles, with focus on VAT preparation.
Good understanding of Finance function and processes.
Strong understanding of VAT taxation laws and regulations in the UAE.
Good understanding of record to report function is preferable.
Experience working in a finance shared services is preferred.
Experience working in the Middle East region is preferred.
Education / Professional Certifications:
Bachelors’ degree in Commerce / Business Administration (Finance).
Additional certification VAT regulations in UAE is preferable.
Technical Competencies:
· VAT policies know-how.
· VAT preparation and estimation.
· VAT Return filing.
· Stakeholder management.
· Regulatory stakeholder management.
Behavioral Competencies
· Customer focus.
· Intrapreneurial thinking.
· Process excellence and execution focus.
· Innovation.