Tax manager and Financial Analyst
CPECC-CNPC
Total years of experience :15 years, 3 Months
• Quickly transformed the company with GCC VAT implementation due to Europe Union VAT experience.
• Develop tax policies and procedures and communicate it to suppliers, department managers and top leadership to ensure correct treatment of transaction.
• Work with ERP consultants to implement VAT in the existing operations and ensure transparency.
• Advice Finance Manager on tax accounting treatment to reflect actual results.
• Conduct internal audits to ensure compliance with tax laws and ensure correct accounting treatment.
• Approve monthly, quarterly and annual Direct and Indirect Tax returns.
• HQ nominated focal person to interact with external auditors and tax collection authorities to ensure compliance with the laws.
• Represent company on tax matters negotiation with major IOCs, large vendors and third parties.
• Designing of project tax controls for new projects and issue clarifications to the project team.
• Manage regional taxation and ensure effective reporting to the tax authorities in UAE, Iraq and Pakistan including but not limited to VAT, Employees Income Tax, Corporate Income tax, Withholding tax.
• Effectively present Financial & Management accounts to the management with an in depth advice on future course of action for regional projects and branches.
• Allocate cost to the Projects in the relevant head for effective decision making.
• Issue clarification to Law firms including Big 4 Audit firms on VAT compliance.
• Work with service providers to incorporate VAT compliance.
• Worked with MCKINSEY, WORLDBANK (IMF) on VAT Structural reforms.
• Developed system to incorporate regional VAT to ensure compliance.
• Speak on importance and incorporation of VAT at national level seminars.
• Lead local and international indirect tax enforcement team.
• Liaise with auditors, lawyers and tax advisors on matters related to VAT.
• Issue clarification on VAT after detailed evaluation of complex project structures.
• Improve tax enforcement processes and procedures.
• Promote VAT awareness and train staff on VAT.
• Preparation of individual entity underlying VAT information on a monthly basis which should
include the following:
• Standard rated supplies after including the credit or debit notes.
• Zero rated supplies.
• Deemed supplies.
• Out of scope supplies.
• Imports.
• Inter- VAT group transaction.
• Inter GCC transaction.
• Local purchases of stock nature and expense nature.
• Business entertainment expenses.
• Zero rated expenses.
• Personnel related expenditure as per the employment contract.
• Details of goods delivered not invoiced for each entity.
• Details of exports to Saudi unregistered customers (B2C)
• Track of all imports into UAE which are exported to KSA.
• Provide Consultancy to Law firms including Big 4 Audit firms on VAT compliance.
• Work with departments to incorporate VAT compliance.
• Worked with MCKINSEY, WORLDBANK (IMF) on VAT Structural reforms.
• Developed system to incorporate regional VAT to ensure compliance.
• Speak on importance and incorporation of VAT at national level seminars.
• Lead local and international indirect tax enforcement team.
• Liaise with auditors, lawyers and tax advisors on matters related to VAT.
• Issue clarification on VAT after detailed evaluation of complex project structures.
• Improve tax enforcement processes and procedures.
• Promote VAT awareness and train staff on VAT.
• File Monthly VAT returns as per the EU VAT law.
• Issue clarifications to departments on VAT treatment of transaction.
• Prepare company business plans quarterly (P&L statement, Balance Sheet, Cash flow).
• Day to day tasks included book keeping, accounts payables/receivables management, CAPEX/OPEX, management accounting, cost controlling.
• Prepare accounts using the IAS, IFRS, US GAAP standards and file monthly tax returns as per the UK laws.
This is equivalent to Masters Degree as per UK Naric institute of degree equivalence.
I completed my graduation in Accounting and Finance. With my thesis on Financial markets and Rolls Royce financial position in UK