Ahmed Onsy

Build the country tax department in Egypt
- Ensure the equacy of the tax forecasts and tax provisions formed and update the provisions on monthly basis
- provide the management with tax recommendations
- Act as the key point of contact and support for local and regional taxation matters
- responsibilityfor preparationand submittion of monthly/quarterly/yearly tax returns and other related tax reports to the management and the tax authorities within the legal deadlines under consideration of the 4-eye principles
- Responsibility for the preparation of the quarterly current tax/deferred tax calculations (tax package)
- supporting the FB&A team regarding business plans and the 5years plans in order to calculate current/deferred tax
- Developing, setting up and mentaining reporting systems extracted from organisation ERB systems to provide control over tax expenditures in addition to insure the accuracy of paid tax expenses
- Tax palning, estimated future tax systems, business models and strategies for the company to avoid any estimated tax claim in the future which may arise
- providing any financial or taxation advisory needed for the company to improve the organisational awareness with tax laws and any updates and insure proper & accurate apply.
- Training businesscolleagues (VAT/withholding taxes, payroll taxes, property taxes, etc) for local departments and management on how to apply the new tax laws across the different systems and procedures
- Tax cash flow management (indirect taxes, advanced payment direct taxes, etc) and monitoring of tax payments deadlines
- Monitor and assist in the preparation of the transfer pricing file/reports/agreements to insure correctness and compliance with the local jurisdiction laws and guidelines

Organize and supervise the activities and work of subordinates to insure that all work within a specific area of tax department activities is carried out in an efficient manner which consistent with operating procedures and policies.
- Monitoring the day-to-day opeation of taxation to insure that the work process are implemented as designed and comply with established policies, processes and procedures.
- Recommend improvements to policy and managing the implementation of instructions covering all areas of taxation activities so that all relevant procedural / legislative requirements are fulfilled while delivering quality and cost-effective service.
- Monitoring and handling transfer pricing and withholding tax issues associate with crossborder transactions within the intercompany to mitigate tax conflict between the different entities within the organization.

After less than one year with savola i was promoted to be a tax section head after achieving a huge tax saving for one of Savola Egypt subsidiaries in a corporate tax inspection.
the promotion expand my scope of work to include the following:

- Monitoring local tax laws updates and implementation within the local business units.
- Review annual financial statements.
- Coordinate with external tax consultant, tax inspectors and tax authorities.
- Review tax provisions to insure that the provisions are appropriate with the tax expenses.
- Assisting IT/ HR team with the payroll tax updates and how to apply the new calculation methods and slaps and managing the implementation of the updates to insure the correctness.
- Monitoring social insurance compliance and align with the HR personal team to insure the correctness of the SI subscriptions calculation
in order to insure integrity congruence between the payroll tax and the social insurance

After more than 7 years of experience in the field of taxation i made a qualitative shift from the field of professional offices to the field of multinational firms when i joined Savola Foods Egypt.
- With Savola i was serving the entities working in Egypt ( 6 legal entities) by doing the following :
- Tax returns ( monthly, quarterly, yearly ) for various forms of tax.
- preparing and processing tax inspection for various forms of tax.
- preparing and processing internal committees and appeal committees for various forms of tax.

However I was a tax senior with Baker Tilly for about one year i expand my expertise through doing the following:
- Salary monthly tax computation and the annual reconciliation.
- Stamp tax monthly computation.
- Sales tax / VAT monthly computation.
- Assisting for the Sales tax inspection.

I start my career in the field of taxation when I joined ATC as a tax junior.
it was an exciting journey for about 6 years while I gained alot of tax experience till I became a tax semi-senior through doing the following :

- Corporate tax returns and tax review for leading firms ( Hotels like intercontinental & Helnan, industrial firms like Elsewedy group, FMCG firms like Savola Egypt, .....etc.)
- Corporate tax inspection.
- Corporate tax internal & appel committes.
- local withholding tax by review WHT transactions and filling Form no. 41 quarterly.
- Forgin withholding tax related to cross border transaction as per article 56 of law 91 and filling Form no. 11 in addition to monitoring the cross borders transaction in order to apply the DTTs between Egypt and the other countries if any.