Financial Analyst (Dubai)

JOB PURPOSE:To provide financial and analytical support to Department Head. • To review purchase, sales data of all the entities of DOAM & Its Managed Buildings and Nationwide Management Services; • Coordination with the accounts and finance department for data generation from oracle; • Discussion with the team on various entries; • Advise the Team for changes required in system as per UAE VAT law; • Coordination with IT team for updating system in terms of VAT tax codes; • Preparation of monthly/quarterly VAT returns and filing the same on FTA portal; • VAT registration and /or closing of registration for building as well as DOAM / Nationwide Management Services; • Providing ad-hoc and other decision support; • Filing clarifications before tax authorities, if required;Value Added Tax• Review entire DOAM, Nationwide and DOAM Managed building data like revenue /invoice register, purchase register, sample invoices, vendor payment detail, aging report. • Develop & implement VAT principles, policies and processes to ensure completion and compilation of VAT mechanism across all entities. • Review of the updating of corrections suggested. • Coordinate with IT to establish appropriate tax systems and processes throughout the Group (DOAM & Its Managed Buildings & Nationwide), including organizational Tax mapping and user training, working closely with IT on appropriate system recommendations. • File VAT returns of the Entity/Group and prepare Audit Files or any supporting schedules/ Documentation responses as may be required by Tax Authorities. • Ensuring Group is up-to-date on changes in VAT legislation’s. • To act as the point of contact for all VAT-related queries and activities • Recommend appropriate strategies to all management to reduce all obligations and determine complexity of VAT issues. • Manage the system enhancements and process re-engineering because of VAT implementation. • Ensure timely payment of VAT • Ensure timely filing of VAT return on monthly / quarterly basis of DOAM & its Managed Buildings and Nationwide Management Services • Ensure compliance with Departmental / Company Policies and Procedures. • Build strong alliances with other departments in order to effectively communicate priorities and areas of opportunity.External Liasoning • Liasoning with external auditors to provide the data at the time of Internal audit and Statutory audit. • Liasoning with Tax authorities for efficiently completion of VAT Audit.Others • Actively learn from other finance team members about their areas of responsibility, and participate to the training of other team members on own areas of responsibility • To support other members of the finance/accounts team with tasks that may not fall within direct area of responsibility • To support the Department Heads with ad-hoc tasks, as may be required form time to timeQualification:- • Master’s or Bachelor’s degree in Finance, Accounting, • CA, CFA, CPA, ACCA, ICWA or equivalent are preferredExperience & Skills- • 4 or more years of experience in handling VAT either in Middle East, UAE or India • Good experience in handling VAT compliance and litigation work • Experience in working with Oracle e-Business Suite is an advantage • Proficient in MS Office (Advanced Excel, Word and Power Point) • User friendly with systems and keen interest in automation of processes • Data mining, analysis and excellent reporting skills • Capability to handle multiple projects simultaneously • An effective communicator with excellent relationship building and interpersonal skillsCOMPETENCIES:Thorough understanding of UAE VAT Law and Regulations. • Analytical thinker with ability to conduct research, data analysis and resolve complex problems • Self motivated individual with decision making skills • Work effectively with diverse group of people • Proactive, effective communicator, ambitious, hardworking and committed to quality