Summary
Canon Middle East is hiring a Tax Accounting Specialist in Dubai. The role covers tax compliance and filings across applicable jurisdictions, tax reviews and audits, regulatory updates, and advice to business and finance stakeholders. It also includes accounts payable, cash and bank reconciliations, month-end close, supplier balances, guarantees, leases, and insurance. Applicants need at least five years of tax experience, finance or tax education, accounting knowledge, and experience in a multinational company or Big 4; ACA or ACCA qualification is required.
The posting
As published on canon-me.com. Pulled from the employer's site and shown as they wrote it.
MAIN OBJECTIVE OF THE ROLE
• Comprehensive tax compliance (CIT, VAT, WHT)
• Ensure timely filing of all declarations to the authorities.
• Liaise with stakeholders in the organization (Business, Finance, IT,
central tax in HQ).
• Provide advice to the Middle East and African business, parents
entity, subsidiaries, and representative offices
• Filing, review (in case of 3rd party) Recalculations and confirmation
of tax returns of all jurisdictions under CME
• Main point of contact for tax audit, and taxation requirements (tax
figures and disclosures) in financial audit
• Implementation of new tax rules and regulations.
• Manage relations internally and externally.
Responsibilities
KEY RESPONSIBILITIES
• Monthly Tax reviews of parent and subsidiaries tax registers and
reconciliations
• Monthly report to GFM and FD on tax health of parent and
subsidiaries including all tax submissions and declarations.
• Quarter internal audit and compliance checks of all tax ledgers of
parent and subsidiaries and gap analysis
• Regular updates on tax rules and regulations for all applicable
jurisdictions
• Manage tax audits (internal & external).
• Provide training to the business.
• Provide support to IT for Tax related setups (CIT, WHT, VAT, all other
applicable taxes).
Required Skills and Qualifications:
• A proven track record of minimum 5 years' experience in tax
(advisory or multinational).
• Lead successful tax implementation in entities and organizations
(CIT/VAT implementation)
• Accounting knowledge (P/L, BS, CFF, Disclosures)
• Experience with Tax portals, tax systems, ERP system. Orion and/or
OneSource is a benefit.
• Finance or tax education at university level.
- AP
In charge of A/P ensuring process accuracy, on time suppliers payments, accruals, prepaid, SGA and B/S accuracy.
Maintain supplier statement of accounts and get formal balance confirmation from all suppliers
Cash Management (Collections, Receipts and Petty Cash)
Responsible for 100% cash / collections accuracy.
Ensure that all petty cash transactions properly supported, with right approvals and in line with policies and procedures
Accurate Bank Reconciliations
0 unjustified deltas in monthly bank reconciliations
Reconciled monthly basis, 100% accuracy
Accounting Accuracy / Month Close
Properly handle all guarantees and leases + maintain proper records
Proper month close + B/S recs for all accounts under direct responsibility, 100% accuracy
Banks & Insurance
Ensure to maintain adequate and valid insurance cover over the year
Support the business with the timely issuance of new guarantees and bonds
Effectively handle relationship with banks + insurance
Qualifications
Group consolidation processes and systems
• IFRS, US GAAP & SOX knowledge.
• SOCPA knowledge
• Experience working in a Oracle system infrastructure,
• Advanced Excel
• Experience in multinational companies or Big4 is
mandatory
• Qualified ACA/ACCA,