VAT Technology Consultant

Role Summary: We are seeking an expert VAT Technology Consultant to spearhead the implementation of the UAE Federal Tax Authority’s (FTA) E-invoicing mandate. You will be responsible for ensuring our core banking systems, ERPs, and procurement portals are seamlessly integrated with Accredited Service Providers (ASPs) . Your goal is to ensure 100% compliance with the "5-corner" interoperability model while maintaining the bank's data residency and security standards.

Key Responsibilities

• Gap Analysis & Roadmap: Conduct a comprehensive impact assessment of the E-invoicing mandate on banking products (Retail, Corporate, Treasury) and internal procurement.
• ASP Selection & Integration: Lead the technical evaluation and onboarding of FTA-Accredited Service Providers. Ensure the integration handles PINT AE XML formats.
• Data Mapping: Define the "Data Dictionary" for the bank. Map internal transaction codes to mandatory FTA fields (UUID, Digital Signatures, QR codes, and VAT breakdowns).
• Compliance Oversight: Ensure the bank meets the 14-day reporting deadline and implement protocols for reporting system failures to the FTA within 2 business days .
• Tax Advisory: Provide specific guidance on complex banking scenarios, such as "Reverse Charge Mechanism" (RCM) on foreign software licenses and "Deemed Supplies."
• Data Residency: Collaborate with IT Security to ensure all e-invoice archiving (minimum 5 years) remains within UAE borders as per the Tax Procedures Law.

Technical Requirements (Banking IT Focus)

• Tax Engine Knowledge: Experience with tax automation tools (e.g., Thomson Reuters ONESOURCE, Vertex, or SAP Tax Compliance).
• Messaging Standards: Deep understanding of XML, JSON, and Peppol (UBL) messaging protocols.
• System Integration: Proven experience with API-led connectivity (REST/SOAP) between Core Banking Systems (e.g., Temenos, Finastra) and external tax gateways.
• Banking Domain Expertise: Understanding of the VAT treatment for financial services (Explicit fees vs. Implicit margins/Exemptions).
• Data Governance: Familiarity with UAE Central Bank Outsourcing Regulations regarding the use of ASPs.