Accounting & Taxation Manager
MIQYAS for Accounting Services and Business Consulting
Total years of experience :12 years, 3 Months
• Performing a comprehensive business review to provide advice to clients on structuring business transactions, develop and implement the required and necessary procedures for assuring effective and complete compliance with the obligations of Excise Tax and Value Added Tax (VAT) and to efficiently manage the tax liability through the use of the available exemptions, refunds, suspension cases.
• Assisting clients in Excise Tax registration, audits, disputes and dealing with the Excise Tax authorities.
• Provide accounting services to clients as per their requirements.
• Registration and registration update for Excise Tax, VAT, Tax Group and Designated Zones.
• Organizing and supporting all departments and tax positions by drafting technical memos, policies and procedures to control and assure compliance with the regulations of the Federal Decree-Law No. (7) of 2017 on Excise Tax and Federal Decree-Law No. (8) of 2017 on Value Added Tax.
• Troubleshoot risk areas, suggesting the required changes where appropriate.
• Listing excise goods with federal tax authority.
• Devise protocols to ensure the ERP software is functioning as intended.
• The review of daily taxable financial transactions and accounting entries to make required adjustments.
• Determination of Excise Tax due on excise goods produced and released.
• Declaration of imported, released and produced excise goods, in addition to deductible Excise Tax submissions to federal tax authority through E-services.
• Preparations and Submission of Excise Tax and VAT returns after being reviewed by tax advisor.
• Processing payments or refund requests.
• Prepare and post the accounting entries of Tax Returns, payments or refunds.
• Documentation and records keeping of all taxable transactions (purchases matched with import declarations, reverse charge, sales matched with export declarations, excise goods movement declarations) as per the requirements of laws and regulations.
• Supervise and coordinate with Federal Tax Authority and other related parties for the disposal of excise goods. Processing tax refunds on goods disposed if any.
• Handling the federal tax authority’s inspection requirements.
• Coordinate the provision of tax information to external auditors for the annual audit.
• Assisting in Producing the financial statements.
• Monthly closing of accounts.
• Cash management and cash flow projections.
• Supervising and review of daily transactions.
• Maintain proper implementation of credit policy.
• Special projects as needed.
• Coordinate the provision of information to external auditors for the annual audit.
• The startup of new computerized accounting systems, coordination with developers for needed improvements and reports.
• Prepare financial statements on monthly and annual basis
• Cash flow management.
• Daily accounting transactions A-Z
• Protects assets, ensure compliance with policies, procedures.
• Process salaries and manage all matters related to Payroll
• Coordinate the provision of information to external auditors for the annual audit.
Journal entries, Bank Reconciliation, Salaries, Petty Cash, Inventory, Purchases, costing, A/P and A/R.
Journal entries, Bank Reconciliation, Salaries, Petty Cash, Purchases, costing, A/P and A/R
A/R, Journal entries, Bank Reconciliation, Petty Cash and Inventory,
Scientific Section
