Deputy Manager - Sharjah, United Arab Emirates - Petrofac

    Petrofac background
    Description

    Petrofac is a leading international service provider to the energy industry, with a diverse client portfolio including many of the world's leading energy companies.

    We design, build, manage and maintain infrastructure for our clients.


    We recruit, reward, and develop our people based on merit regardless of race, nationality, religion, gender, age, sexual orientation, marital status, or disability.

    We value our people and treat everyone who works for or with Petrofac fairly and without discrimination.


    The world is re-thinking its energy supply and energy security needs, planning for a phased transition to alternative energy sources.

    We are here to help our clients meet these evolving energy needs.

    This is an exciting time to join us on this journey.

    We support flexible working requests and have adopted a hybrid approach for most of our office-based roles. We ask employees to be present in the office at least three days per week.

    Are you ready to bring the right energy to Petrofac and help us deliver a better future for everyone?


    JOB TITLE:
    Deputy Manager - International Tax


    KEY RESPONSIBILITIES:
    Tax Reporting

    Manage all direct and indirect tax reporting/filings for the business unit eastern hemisphere.


    Prepare, review and update project tax calculations for the business unit including estimates of tax at project completion, current tax vs deferred tax split, etc.

    Preparation of tax packs for Management and Group Reporting purposes.

    Prepare tax movement schedules, and periodically analyse, true-up and validate tax balances.


    Maintain the tax risk register and ensure that all material provided and unprovided tax risks are identified, understood, and tracked.

    Ensure that all uncertain tax treatments (UTTs) are properly documented and supported.


    Track and understand the tax compliance cycle in each jurisdiction in order to ensure that tax impacts are correctly reflected in the Group's financial statements.

    Monthly review of tax balance sheet reconciliations and reporting tools to ensure the correctness of the reported tax numbers.

    Ensure that tax payments are correctly recorded in the accounts and are allocated to the correct project.

    Compile and report tax payments made across jurisdictions and ensure that adequate documentation is maintained.

    Provide ad-hoc operations/business support.

    Actively support Group Tax projects e.g. UAE Corporate Tax and Transfer Pricing.

    Manage and resolve tax enquiries, audits and disputes.

    Manage and work with external auditors to ensure that the tax audit process is completed smoothly.

    Support the preparation of tax disclosures and schedules for legal entity financial statements.

    Deliver timely, accur

    ate, meaningful, and right first-time periodic reports to update senior management on the tax position of the business unit.


    Monitor the financial statements risks associated with tax and respond by ensuring the appropriate financial controls are designed, implemented, and operated effectively to provide reasonable assurance on the integrity of the financial statements.

    Assess opportunities to optimise the financial controls framework.

    Process Improvement

    Identify ESSA (elimination, standardization, simplification, and automation) opportunities, and communicate to relevant stakeholders'

    inefficiencies including

    suboptimal processes in transactional accounting processes.

    Build and sustain a network of key stakeholders to deliver process improvement.


    Improve data management and report automation through close collaboration with the Group Finance Systems Manager and the Information Technology (IT) function.

    Other

    Monitor legislative changes, assess the impact on the Group, and propose and implement responses as appropriate.

    Ensure full compliance with all tax laws and Petrofac Group policies, standards, and procedures.

    Address ad-hoc tax related queries from colleagues and support ad-hoc tax projects as required.

    Mentoring and developing junior members of staff.

    Escalating issues to the Tax Lead when required and keeping them briefed on the teams' activities.

    Train and raise awareness within the Team of the Group's tax reporting requirements and processes.


    ESSENTIAL QUALIFICATIONS AND SKILLS:

    • Chartered Accountant designation.
    • Proficiency in tax reporting, including at least 45 years of multinational experience.
    • Experience with Oracle, particularly TRCS.
    • Familiarity with Hyperion Financial Management.
    • Advanced Excel skills.
    • Strong communication skills, both verbal and written in English.
    • Background in a Big 4 accounting firm, with preference for experience in an EPC contractor or oilfield services.
    • Good understanding and application of IFRS.
    • Ability to collaborate effectively within a global virtual team.
    • Ability to work well under tight deadlines and in highpressure environments.
    • Selfmanagement skills and ability to work independently.
    • Diligence and dependability, with keen attention to detail.
    • Strong interpersonal skills.
    • Willingness to perform adhoc tasks as required. #LI-BS1 My ProfileCreate and manage profiles for future opportunities.#J18808Ljbffr