Logo of Huzzle

Tax Manager

  • Job
    Full-time
    Senior Level
  • Accounting & Tax
  • Dubai

AI generated summary

  • You need 5+ years in a similar role, tax expertise, strong client relations, Microsoft proficiency, time management skills, and the ability to handle exchange rate updates, while ensuring confidentiality.
  • You will ensure tax compliance, conduct tax planning, oversee accurate tax reporting, manage transfer pricing, represent in audits, assess tax risks, advise on cross-border issues, and maintain internal controls.

Requirements

  • A minimum of 5 years in a similar role
  • Deep understanding of Tax procedures relating to the region
  • Able to advise internal and external clients on Tax related matters
  • Ability to build and maintain good business relationships with cedants, markets and associates
  • A working knowledge of Microsoft products (Word, Excel, PowerPoint, Outlook) or similar software applications
  • Ability to manage time, prioritize and ensure that deadlines are met without compromising quality
  • A thorough understanding of and adherence to Lockton standards and procedures
  • Expertise to forecast the warning alerts and to take necessary actions to resolve the issues before it is getting worse or escalated further
  • Ability to take proper decisions to make the exchange gain (if possible)
  • Further reviewing the daily exchange rate updates to make sure all the currencies are aligned and updated
  • Protects the confidentiality of information learned by performing position duties
  • Work in support of other team colleagues

Responsibilities

  • Tax Compliance: Ensuring compliance with all local and international tax laws and regulations. This involves staying up to date with changes in tax legislation that may affect the company's operations.
  • Tax Planning: Developing and implementing tax strategies to minimize the company's tax liabilities while staying compliant with laws and regulations. This could involve structuring transactions, new investments, and operations in tax-efficient ways.
  • Tax Reporting: Overseeing the preparation and filing of accurate and timely tax returns, both domestically and internationally. This includes corporate income tax, value-added tax (VAT), CBCR Notification, Economic Substance Report, Transfer pricing documentation.
  • Transfer Pricing: Managing transfer pricing policies to ensure compliance with regulations and minimize tax exposure related to intra-group transactions. This involves setting appropriate transfer prices for services provided between company entities.
  • Tax Audits and Disputes: Representing the company in tax audits and disputes with tax authorities. This may involve providing documentation and explanations to support the company's tax positions and negotiating settlements with tax authorities when necessary.
  • Tax Risk Management: Identifying and assessing tax risks associated with the company's operations and transactions. Developing strategies to mitigate these risks and ensure compliance with tax laws.
  • Coordinating between regions and head office: Coordinating to resolve Tax queries with head office and other MENA regions wherever required.
  • Cross-Border Taxation: Advising on the tax implications of cross-border transactions, including, withholding tax, transfer pricing issues, and international tax treaties.
  • Tax Accounting: Collaborating with the finance and accounting teams to ensure accurate tax accounting and reporting in financial statements, including the calculation of deferred tax assets and liabilities.
  • Internal Controls: Establishing and maintaining effective internal controls related to tax compliance and reporting to ensure accuracy and prevent errors or fraud.
  • Tax Research and Analysis: Conducting research on complex tax issues and providing analysis and recommendations to senior management.

FAQs

What is the location of the Tax Manager position?

The Tax Manager position is located in Dubai.

What are the working hours for this role?

The position is a full-time permanent role.

What level of experience is required for this position?

A minimum of 5 years in a similar role is required.

Is this position suitable for entry-level applicants?

No, this position is for experienced professionals.

What is the main purpose of the Tax Manager role?

The main purpose of the Tax Manager role is to deal with all tax-related matters, including tax planning, tax advice, and tax management.

What are some key responsibilities of the Tax Manager?

Key responsibilities include tax compliance, tax planning, tax reporting, managing transfer pricing policies, and representing the company in tax audits.

What qualifications should a candidate have beyond experience?

Candidates should have a deep understanding of tax procedures relating to the region and the ability to advise on tax-related matters.

What tools or software knowledge is necessary for this role?

A working knowledge of Microsoft products (Word, Excel, PowerPoint, Outlook) or similar software applications is necessary.

Does Lockton support diversity and inclusion?

Yes, Lockton is committed to an inclusive culture and environment where everyone is treated with respect and dignity.

How does Lockton support employee career growth?

Lockton provides opportunities for growth and career development, supporting employees in creating their own rewarding career paths.

Finance
Industry
10,001+
Employees
1966
Founded Year

Mission & Purpose

What makes Lockton stand apart is also what makes us better: independence. Lockton's private ownership empowers its 10,750+ Associates doing business in over 140+ countries to focus solely on clients' risk and insurance needs. With expertise that reaches around the globe, Lockton delivers the deep understanding needed to accomplish remarkable results.