Job Details:
The main purpose of the role is to assist the Group Senior Vice President – Tax with the provision of advice, guidance and assistance to DP World’s Head Office and Regional/Pillar Management over a broad range of tax matters, with a strong focus on leading DP World’s annual tax reporting process and related governance. In addition, the introduction of Corporate Income tax in the UAE will be a strong focus point.
- Roles:
- Support/Project manage the introduction of UAE Corporate Income Tax (‘CIT’) in the UAE for all legal entities/Business Units established in the UAE, with the support of the external advisor engaged, to ensure full readiness and understanding in all Finance teams (and tax responsible individuals – as applicable) in the UAE.
- Oversee DP World’s annual cycle of Country-by-Country Reporting (“CbCR”), including the preparation of all supporting files and back up documentation to ensure completeness and correctness of our reporting in all jurisdictions where filing is required.
- Assist in assessing the impact of Pillar 2 on DP World ’s group of entities globally (including possibly UAE legislative initiatives in that regard), support the safe harbor rules review and ensure readiness of the Group for annual GloBE return preparation by the announced deadlines.
- Provide technical expertise to the Group on all tax accounting under IFRS and project manage the tax impact of new accounting standards as they arise.
- Manage and lead the monthly tax review as part of Group Finance’s monthly management reporting cycle.
- Manage and review the tax line items in DP World’s global annual budgeting process.
- Group Tax representative for the ongoing Oracle Fusion implementation project as it is being rolled out across the wider DP World group.
- Project manage Oracle TRCS enhancements in light of Regional FCCS roll out across DP World Group entities, as well as Oracle TRCS enhancements in view of tax legislative changes (for example Pillar 2 reporting, UAE CIT, and CbCR).
- Advise on tax efficient repatriation of funds to the Group’s parent company in Dubai – as applicable.
- Lead and oversee DP World’s global tax reporting process including the bi-annual preparation of all tax schedules, review of the underlying tax packs submitted to Group Tax (consolidated Business Units and T-companies – managed via the Oracle TRCS reporting tool) and Joint Ventures.
- Responsible for DP World’s global tax consolidation process and lead the preparation of the effective tax rate schedules along with all tax notes to be included in the consolidated DP World Ltd Group Financial Statements.
- In addition to the above, responsible for PFZW’s and POSNCO’s global tax reporting process & consolidation and lead the preparation of the effective tax rate schedules along with the tax notes for these consolidated Financial Statements.
- Supervise and monitor the Group’s Tax Risk Register and ensure that Business Units actively manage risks identified.
Assist in any other tax projects and perform other related duties as assigned, as and when required by the Group Senior Vice-President – Tax.
Ensure that indirect reports are trained and evaluated on their knowledge of and adherence to compliance policies and procedures specific for their job.
Act as an ambassador for DP World at all times when working; promoting and demonstrating positive behavior’s in harmony with DP World’s “Our Principles”, values and culture; ensuring the highest level of safety is applied in all activities; understanding and following DP World’s Code of Conduct and Ethics policies. - Educations and Skills:
- Strong understanding (and relevant experience) in managing global Tax Reporting and Consolidation under IFRS.
- Strong Excel skills and experience in retrieving data from ERP, such as Oracle Fusion and Oracle TRCS.
- Experience working in the Middle East would be advantageous but not essential.
- Chartered Accountant from tax service line of a Big 4 firm, ideally CTA qualified.
- 10 years post qualification experience in tax reporting and advisory, with a strong preference for in
- house experience within a global multinational Head-Quarter business.
- Good communicator with solid analytical and problem-solving skills.
- Good commercial awareness and business acumen and understanding of business needs.
- Fluency in English