Tax Manager

Location
Muscat, Oman
Salary
Competitive
Posted
12 Jul 2018
Closes
11 Sep 2018
Job role
Tax
Experience level
Manager
Key Responsibilities:

The Tax manager will be responsible for the full spectrum of group Taxation (both direct and indirect) and management reporting functions, in accordance with the applicable law and regulations as well as company policies and procedures. It will not be limited to preparing and submitting VAT / Income tax returns to Tax Authority, but also coordinate with other internal and external stakeholders. You will be required to demonstrate technical knowledge of the upcoming VAT implementation and advise the on the strategy to be adopted in order to be ready for VAT.

Strategic Contribution:

? Provide an opinion on tax related matters to guide management on strategic decision making process associated with the business of the Group.

? Ad-hoc Reports as and when needed.

? Maintain rapport with various stakeholders (Internal or External)

People

? Assist on taxations issues on day to day activities associated with the business of the group.

? Foster a culture of team spirit, co-operation and continuous self-development within the team.

Management:

? Oversee the taxation matters both direct and indirect of entire group and set policies and procedures.

System:

? Lead the implementation of the VAT function/System in close cooperation with IT's Oracle Team.

Policies, Processes & Procedures

? Participate in developing/maintaining policy, procedures and processes related to the accounting functions covering all the activities carried out within the function with particular attention to direct and indirect taxation required governance.

Transactions:

? Proficient in Corporate Tax, Omani Tax, Exchange Control Regulations, and related recent developments

? Prior experience in Direct and Indirect tax compliance

? Prior knowledge and understanding of HCM Enterprise solutions (e.g. Oracle Cloud HCM or Oracle eBS) and related modules

? Coordinate with external Auditors and provide taxation related documents for timely completion of audit. ? Set guidelines for accountants / tax advisors to prepare and submit VAT / corporate tax (including withholding tax) returns to relevant Tax Authority on a monthly/ quarterly/ annual basis; perform various postings to the General Ledger and reconcile VAT accounts. ? Develop VAT / direct tax (including withholding tax) controls to ensure timely compliance

? Assist with VAT / withholding tax queries from the operational business units.

? Develop & Implement VAT / direct tax principles, policies and processes to ensure completion and compilation of tax returns across the business.

? Ensure timely updates of VAT manual and ensure that the organization is up-to-date on amendments in tax legislation.

? Assisting with VAT audits and routine queries from Tax authorities in relation to corporate tax (including withholding).

? Train, supervise and develop accounting staff in VAT to manage workflow.

? Manage monthly accounting close cycle.

? Special projects and miscellaneous assignments as required

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