Tax Consultant
PricewaterhouseCoopers
Total years of experience :10 years, 7 Months
Heading tax advisory and tax audit services for companies in accordance with International Accounting Standards. Industries handled - Franchises, Engineering, Procurement and Commissioning Industry, Investment Institutions, Banking Sector, Educational Sector, Civil, Defence, Telecommunication and Aviation Industry.
Preparation and presentation of tax returns and tax-based financial statements within the framework of statutory requirements and pronouncements of the Local Tax Law
As a tax consultant, my repsonsiblities included:
Providing on-the-job training/assistance to junior associates
Effective delegation of duties and responsibilities to team members and initiating thorough follow up and review procedures in a structured format
Providing timely feedback to managers/partners in relation to ongoing job performances
Dedicated focus on client service, arranging meetings to understand client requirements and identifying ways to add value to clients
Performed core accounting duties including bookkeeping, as well as month-end reconciliations
Maintaining accounts receivables and accounts payables
Responsible for the preparation of monthly payroll as well as employee leave payments and settlements
Meeting tight deadlines simultaneously for several engagements, ensuring quality compliance at all times
Liasing with the Income Tax Authorities on notices/intimations raised by the Department
Following up on recovery as well as improving billables of the firm
Book-keeping and accounting for Companies as well as Proprietorship/Partnership business
Develop recommendations for areas of improvement, writing reports, documenting findings, and following up on recommendations.
Assisting seniors in successfully concluding all areas of an engagement from start to finish.
Continuous communications and liaising with the client in procuring the required documents to assist team objectives
Consistently delivering quality work, managing situations and taking ownership of my work enabled me to take on the role of acting senior-in-charge for the jobs that I was assigned
Tax planning & mitigation, consulting including deal structuring to comply with Kuwait tax laws, effective implementation of tax treaties/DTAAs, implementing due diligence assignments & tax audits
Knowledge of tax treaties and successful implementation, drafting and reviewing of contracts for effective tax mitigation
Developing an understanding of business cycles to suggest improvements to management
Superior networking skills in developing relationships with tax authorities through inspections and professional association on an ongoing basis
Tax audit and planning for clients entering the Kuwait market, including formation of chart of accounts, determining the basis of filing. Obtaining audit evidence to successfully conclude tax audits. Preparation and consolidation of financial statements under IFRS framework
Budget analysis, budget vs. actual variance analysis, trend and ratio analysis
Performing overall risk assessment analytics of financial statements and potential tax liability computations
courses: Certified Management Accountant (CMA) Institute of Management Accountants, United States of America – Completed preparation course for CMA Part 1 (2014)
courses: Certified Management Accountant (CMA) Institute of Management Accountants, United States of America – Completed preparation course for CMA Part 1 (2014)