Manager Taxes & Financial Compliance
BASF FZE
مجموع سنوات الخبرة :16 years, 4 أشهر
•Successful implementation of VAT in UAE, KSA and Bahrain with the assistance of management and internal business partners.
•Performed In-house Impact analysis of Corporate Taxes in UAE with successful implementation.
•Review the preparation and submission of VAT returns to the tax authorities in the implementing states.
•Review the Income tax returns including Transfer pricing documentation in Saudi Arabia.
•To ensure that withholding tax compliances are properly met in Saudi Arabia.
•Review business models with the Business Units to ensure that pricing is in line with transfer pricing guidelines wherever applicable.
•To liaise with tax authorities and provide audit support as needed.
•Maintain strong relationship with local agents and external consultants to ensure that all compliances are met on time with accuracy and efficiency.
•Preparation of tax guidelines and forms for the effective operation of the tax function and communication of the same with all stakeholders.
•Review of the accounting tasks to ensure that tax returns filed matches to the accounting books and all documents are available in auditable form.
•To be updated with all legislative changes and assess the impact of the same to the organization.
•Responsible for the preparation and submission of Economic Substance Report and Country-By-Country Reporting in the jurisdictions applicable.
•Responsible for obtaining Tax residency certificate wherever applicable.
•Responsible as the local custodian for the region and coordinate with global tax team for all the requirements.
• Review the direct and indirect tax expense and provision for all the legal entities in the MENA and SSA region.
• Managing corporate tax compliance for a portfolio of countries based in Middle East, North Africa, Sub Saharan Africa and other Global tax projects.
• Ensuring Transfer Pricing compliance requirements are met. Reviewing quarterly tax provisions, forecasts etc.
• Responsible for the review of the VAT returns for the SSA jurisdictions including coordination with the tax authorities in case of VAT audits.
• Responsible for the review of the Tax returns to ensure that tax liability has been accurately calculated and all the legal obligations are duly taken care.
• To ensure that adequate records and audit readiness documentation is maintained across all the entities.
• To liaise with the tax authorities and provide sufficient information as necessary for any audit queries.
• To focus on minimizing tax liability within the framework of jurisdictional law and aim for an optimum effective tax rate.
• Responsible for tax compliance and planning of the transactions of the group to operate effectively.
• Review the group trial balance on a quarterly basis to analyze if there are any new potential book tax differences.
across all the entities.
* To liaise with the tax authorities and provide sufficient information as necessary
for any audit queries
* To focus on minimizing tax liability within the framework of jurisdictional law and
aim for an optimum effective tax rate
* Responsible for tax compliance and planning of the transactions of the group to
operate effectively
* To review the Balance sheet with finance team on a quarterly basis with emphasis
to tax account balances.
* Review the group trial balance on a quarterly basis to analyse if there is any new
potential book tax differences
* Supporting Legal/Commercial in negotiating/drafting relevant tax clause to
mitigate tax risk for various customer and supplier contracts; and the business
development team for evaluating the tax impact of various transactions and
business decisions, as well as providing inputs for pricing decisions.
Performed Internal and Statutory Audit for Manufacturing and Trading companies
* Performed the Tax Audit of Export Credit Guarantee Corporation of India
* Performed System Audit for General Motors and TVS India.
* Assistance and guidance to the accounting team in the preparation of Financial
statements
* Assistance to the audit engagement team of various clients in the audit of financials
* To ensure that the controls of the General Accounting departments are in place and
operating effectively and are in compliance with the Accounting Standards
* Review of Financial Statements and Tax Accounts as a part of Risk Analysis.