Statutory to tax leader
general electric
مجموع سنوات الخبرة :13 years, 11 أشهر
Tax Compliance:
- Prepare on timely basis all VAT returns and associated filings for all 25 GE businesses across North Africa region (Algeria, Tunisia, Morocco, Libya) and insure payment on time
- Monthly reconciliation for VAT avoiding tax exposure and penalties
- Insure annual VAT filing figures tie out with the monthly VAT filing
- Manage and prepare the VAT exemption for GE businesses in the region and communicate strategies on optimizations to HQ and business partners
Develop & Implement VAT principles and policies
- Implement Standard operating process system practice for VAT including VAT deductibility, VAT exemption, VAT compliance
- Support global VAT Team in implement GVT (GLOBAL VAT TOOLS) and VRT (VAT RETURN TOOLS)
- Insure VAT compliance scope based on local regulation for GE’S multiple business ERP’s (Oracle, SAP, Navision, SSS)
- Drive standardization, automation, and process improvements to ensure VAT compliance management and fast works
- Participate In the implementation of VAT system operation process with different internal structure such as sourcing, Buy-to-pay, Record-to-Reconcile, treasury, project management, vendors and customers and ensure efficiency on supply chain
Tax risk management
- Monitor tracking file for base tax risk FAS105 (VAT risk), and FIN 48 (Tax risk)
- Support external tax audit (KPMG, Tax authorities, legal audit) for all GENERAL ELECTRIC businesses across North Africa region
- Support internal tax audit
- Communicate with business units, tax leaders, controllers and other subcontracted support functions on VAT compliance management, based risk assessment
- Analysis of VAT documents for accuracy using thorough and in-depth knowledge of VAT regulations and local requirement
- Perform closing activities and reporting to parent company in US GAAP.
- Responsible for Statutory accounting.
- Lead physical inventory and reconcile with accounting data.
- Reconciliation of US GAAP accounts (reported) to statutory accounting.
- in charge of US GAAP to Statutory automation implementation project within both NAVISION &Oracle (Charlie) ERP (Awarded for the successful completion of this project).
- In charge of preparation of annual and monthly tax return.
- Tax advisory and Monthly/annually filing.
- Audit of financials statement
Main client:
Kellogg Brown &Root:
- Participate in the re-building of statutory accounting using mapping table from US GAAP to IFRS and insure the completeness and accuracy, and audit readiness.
Schlumberger:
- Prepare the monthly VAT and WHT returns as per local requirements
- Gather documentation for Tax audit.
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Contractual audit, reporting, Due diligence, Tax, advisory including:
- Preparing financial statements and reporting
- Preparing and reviewing workpapers
- Performing financial analysis and financial benchmarking
- Identifying risk areas on processes (production, payment, accounting…)
- Compliance
- Adjustment of FS and edition of reports in due diligence
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Analysis of sales growth, Distribution channel, optimization plan.
Study concerned finance and Banking technics including: Mainly Financial audit: how to audit full scope, how to detect risks areas, how to prepare a report and management letter Internal audit: how to lead and manage an internal audit mission Accounting: introduction to IFRS, NSCF (Algerian new financial and accounting polity) inspired by IFRS, financial statement establishment Others Accounting, financial analysis, financial engineering, ALM, credit risk, marketing, tax and laws Various missions &training during study allowing confrontation to work environment and challenges while studying
The training concerned mainly statistical and actuary, financial analysis, statistics, accounting, insurance, mathématical, linear algebra, data analysis, programmation and algorythms, operation researches, law, macro µ economy.
