Tax Manager

About the job

Established in 2004, Dubai Holding is a global investment company with investments in more than 34 countries and a combined workforce of nearly 45,000 individuals. In line with the vision of Dubai’s leadership and economic diversification strategy, Dubai Holding companies have nurtured sectors, irrevocably transforming Dubai’s socio-economic landscape and positioning Dubai as a diversified, globally integrated economy.

Dubai Holding is committed to the diversification of Dubai’s non-oil economy. Our portfolio, valued at over AED 284+ billion, spans 10 sectors, including real estate, hospitality, leisure & entertainment, ICT, design, education, media, retail, manufacturing & logistics, and science.

For the Good of Tomorrow

Dubai Holding is looking to hire a Manager – Tax at the corporate office. The role holder is responsible for managing the tax-related activities of the organization to ensure compliance with tax laws and regulations. The role includes supervising the Group Services (Shared Service Centre) for tax compliance, reviewing tax filings and related documentation, providing oversight, guidance and consultation to the Group Services, preparing the tax-related reports to the management, identifying and mitigating tax risks, and managing relationships with external tax advisers.

If you are ready to embark on a dynamic journey where your talents are valued, and your contributions make a real impact, we would like to hear from you.

Key Accountabilities:

• Develop and update the tax policies and procedures, including tax strategy, and ensure they are consistent with the Group’s and local requirements.
• Review intra-group arrangements and transfer pricing documentation prepared by Group Services and provide guidance on transfer pricing implications for new business initiatives and international expansions to ensure they are consistent with the Group’s policies.
• Review tax position and computations in quarterly and annually financial statements prepared by Group Services and ensure compliance with accounting standards and tax laws.
• Supervise the Group Services operations to ensure organization’s VAT compliance including preparation and filing of VAT returns, managing VAT audits, and providing advice on VAT implications of business decisions.
• Supervise the Group Services operations to ensure organization’s compliance with Economic Substance Regulations (ESR), Country by Country Reporting (CbCR), and Foreign Account Tax Compliance Act/Common Reporting Standard (FATCA/CRS). This includes ensuring timely and accurate reporting, managing related audits, and advising on compliance requirements.
• Identify and mitigate tax risks and collaborate with Group Services to ensure the organization is prepared for tax audits.
• Prepare and present regular reports on the organization’s tax position to senior management.
• Provide guidance, and consultation to the Group Services on tax accounting, tax provisioning, transfer pricing adjustments, preparation of tax returns, making payments, tax audits, and administrative tax tasks such as registrations, deregistration’s, etc.
• Collaborate with external tax consultants and advisors, ensuring effective communication and collaboration.
• Conduct the tax analysis and review for mergers and acquisitions, providing advice to the management team. Develop and implement tax policies and procedures in alignment with the company's business objectives and strategies.
• Monitor and analyze tax legislation and regulatory changes and assess their impact on the company's tax obligations and opportunities. Supervise Group Services to ensure implementation of these changes.
• Research and analyze the tax implications of new company structures, products, and services, and support the tax planning and structuring of the business expansion.
• Benchmark and evaluate the tax performance and position of Dubai Holding and its subsidiaries and identify areas for improvement and best practices in compliance with federal tax authority legislation.
• Provide guidance to Group services for their liaison with tax authorities and external advisors on tax audits, assessments, and disputes, and ensure timely and accurate resolution of tax issues.
• Support the tax aspects of internal and external audits, providing timely and accurate information and documentation.
• Review tax reports and filings of various legal entities, as prepared by Group Services, and ensure timely and accurate submission.
• Stay updated on the latest regulatory changes, and developments and identify improvement opportunities relevant for the tax function.
• Collaborate with internal and external stakeholders to ensure effective implementation of process improvements.

Who we are looking for:

• 5 – 7 years of relevant experience of tax advisory, either within an advisory function or in a large multinational company
• Bachelor’s in accounting or finance or business administration
• Professional Certification in tax or accounting

Education / Professional Certifications:

• Bachelor’s degree in finance, Accounting, Economics, or related field
• Professional accounting qualifications preferred (CPA, ACA, ACCA, CMA)
• Advanced degrees preferred

Technical Competencies:

• UAE Tax Legislation / GCC VAT Legislation
• European and/or Asia VAT/GST/Tax Legislation
• Working knowledge of Economic Substance Regulations (ESR), Country-by-Country-Reporting (CbCR), Foreign Account Tax Compliance Act (FATCA)
• Understanding of regional/global tax developments
• Experience in accounting concepts and tax regulations, laws and standards.
• Excellent analytical skills that allow for interpretation of financial and related management information
• Excellent writing skills sufficient to draft professional reports and correspondence that is clear and concise.
• Excellent people skills to work cooperatively with persons at all levels in the organization.
• Attention to detail with a high degree of accuracy.
• Good data analytics skills and problem-solving skills

Behavioral Competencies

• Customer Focus
• Results Orientation
• Business Awareness
• Curious & Creative
• Sense of Urgency
• Adaptability & Flexibility
• Builds Relationships
• Empowerment
• Problem Solving & Decision Making
• Planning and Organizing
• Communication Skills
• Teamwork

As much as we would be delighted to entertain all applicants, due to the high volumes of applications, only successful applicants will be contacted within 14 business days.

This job description is not all inclusive. Dubai Holding reserves the right to amend this job description at any time. Dubai Holding is an Equal Opportunity Employer, committed to a diverse and inclusive work environment.