Tax Compliance Manager
4 hours ago
Petrofac Emirates is seeking a skilled Tax Compliance and Reporting Specialist to join our team. The ideal candidate will have a strong background in tax compliance and reporting, with experience in managing tax risks and ensuring accurate financial reporting.
Key Responsibilities:- Prepare and review project tax calculations, including estimates of tax at project completion, current tax vs deferred tax split, and other relevant metrics.
- Prepare tax packs for Management and Group Reporting purposes, ensuring timely and accurate submissions.
- Manage tax movement schedules and periodically use, true-up, and validate tax balances to ensure accurate financial reporting.
- Maintain the tax risk register and identify, understand, and track all material provided and unprovided tax risks.
- Ensure proper documentation of uncertain tax treatments (UTTs) and support their implementation.
- Track and understand the tax compliance cycle in each jurisdiction to ensure accurate tax impacts in the Group's financial statements.
- Review tax balance sheet reconciliations and reporting tools to ensure the correctness of reported tax numbers.
- Ensure accurate tax payments are recorded in the accounts and allocated to the correct project.
- Compile and report tax payments made across jurisdictions and maintain adequate documentation.
- Provide operational support to the business and actively participate in Group Tax projects.
- Manage and resolve tax enquiries, audits, and disputes, and work with external auditors to ensure a smooth tax audit process.
- Support the preparation of tax disclosures and schedules for legal entity financial statements.
- Deliver timely and accurate periodic reports to update senior management on the tax position of the business unit.
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