VP- Group Corporate Taxation

Job Description

This is a lead corporate tax and technical role requiring the Job holder to oversee the Groups corporation tax platform for all the group entities, in particular the UAE. To plan, lead, and optimise corporate tax efficiencies, mitigate corporation tax risk, and ensure corporation tax reporting and compliance within the banks risk appetite for all the tax jurisdictions in which the Group operates in accordance with relevant Tax Regulations. To be a single point of contact in co-ordinating the Groups corporation tax reporting and compliance. To assist the Group Head of Taxation on Global Markets and Investment Banking transactions and ad-hoc projects as requested.KEY ACCOUNTABILITIES: . Manage Corporation Tax risk in accordance with wider Group Risk and Tax policies and within the banks risk appetite . Oversee and review Corporation annual Tax computations in all countries where the Group operates . Update Direct Tax governance policies and procedures manual . Keep up to date with changing and new Tax regulations . Take ownership and substantiation of all corporation tax related financials within Groups consolidated financials . For tax advice on all Global markets and Investment Banking transactions . Deals with external consultants / advisors wherever required . Deals with Tax authority as required on a timely basisSpecific Accountability . Responsibility for reviewing the corporation tax position of all entities of the FAB Group operating through branches, subsidiaries and representative offices. . Advising on Global Markets and Investment Banking transactions. . Keeping up to date with Tax regulation changes and continually accessing the Groups corporate tax profile . Working and interacting with the business and finance folks by providing corporation tax input into all transactions/products. . Working with Financial reporting team ensuring the integrity of all tax numbers (P&L and B/S). . Monitoring corporation tax reporting and compliance with local tax laws, and providing an oversight with expert analysis, and decision support. . Periodically reviewing and updating Direct Tax policies and procedures with sufficient risk parameters . Working with appropriate Group personnel and external advisers to ensure sufficiency of tax compliance. . Resolving any direct / corporation tax matters as introduced in the GCC, and overseeing those in international locations e.g. AsiaQualificationsMinimum Qualification . First and Second Degree required . CPA / ACA or equivalent Accounting / Tax professional qualification requiredMinimum Experience . 10years++ Taxation experience across technical disciplines of Corporation tax, international tax, and Market transactional level advisory etc . 6++ years in Banks & Capital Markets or Financial Services experience . Must have worked in more than two countries / continents . Proven ability in managing teams across jurisdictions . Good knowledge of accounting ledger / systems e.g. Oracle, SAP etc . Good knowledge of Tax IT systems and use of bank source systems . Strong communication and interpersonal skills . Attention to detail . Self-starter and very motivated . Ability to handle pressure and tight timeframes . Ability to work in an unstructured environment and respectful to different ethnicities . Having negotiation skills . Able to record issues and propose solutions

Keyskills :
oracle sap accounting Direct Tax Tax Advisory international tax financial reporting Negotiation Skills Corporate Tax tax reporting Taxation Tax Compliance

About Company

FAB, the UAE’s largest bank and one of the world’s largest financial institutions offers a an extensive range of tailor-made solutions, and products and services, to provide a customised banking experience. Through its strategic offerings, it looks to meet the banking needs of customers across the world via its market-leading Corporate and Investment Banking and Personal Banking franchises.
Headquartered in Abu Dhabi, in Khalifa Business Park, the bank’s international network spans over 19 countries, across the world, providing the global relationships, expertise and financial strength to support local, regional and international businesses seeking to do business at home and abroad. In line with its commitment to put customers first, to Grow Stronger, FAB will continually invest in people and technology to create the most customer-friendly banking experience and will support the growth ambitions of its stakeholders across the global network in which the bank operates.