Tax Manager - Dubai, United Arab Emirates - GMS Inc

    GMS Inc
    GMS Inc Dubai, United Arab Emirates

    2 weeks ago

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    Description
    Job Description
    Established in 1992 in U.S.A with current global Head Quarters in Dubai (UAE) and presence in nine different countries, GMS is the worlds LARGEST Buyer of ships and offshore vessels for recycling. The group has expanded and diversified in to ship ownership, cruising, sports, real estate, and other sectors.
    • Manage tax compliance process for the group, including preparing and reviewing tax returns (corporate, VAT, and other applicable taxes), ensuring accuracy, and adhering to all filing deadlines. This will include (but not be limited to) taxation within the UAE and the US. ∙
    • Carrying out detailed computations for tax liability, reporting and presentations to external tax accountants.
    • Researching, analyzing and interpreting changing tax legislation in the USA, UAE, Greece, Korea, Germany and other jurisdictions (including offshore)
    • Advise Management & Owns regarding the tax implications of financing, joint ventures, tax-exempt organizations, taxation of compensation, estates, and gifts, and the U.S. taxation of international transactions
    • Estate planning and advising on tax residence and domicile matters for the Company's Owners
    • Review of contracts to advise on the US Tax implications
    • Monitor legislative developments and advise Management & Owners with respect to the potential impact of pending legislation on their businesses and their personal finances.
    • Coordinate with tax consultants and advisors for the successful completion of the annual tax filings and other tax planning & restructuring projects
    • Responsible for researching, reviewing, analyzing, and recommending tax strategies in the UAE, USA, Europe and other jurisdictions where the company operates.
    • Conduct monthly tax reviews of tax registers and reconciliations for both the parent company and subsidiaries
    • Perform quarterly internal audits and compliance checks on tax ledgers for all group companies, identifying gaps and addressing them
    • Keep abreast of tax rules and regulations for all relevant jurisdictions and provide regular updates to management
    • Advise on optimal tax structuring for new investments made by the Group both locally and internationally
    • Deliver updates/ training sessions to the business units to ensure ongoing compliance and upskilling of the team
    • Establish, monitor, and communicate internal tax policies and procedures to ensure appropriate documentation and internal controls to minimize tax risks and liabilities.
    • Liaise with tax authorities were required to resolve queries / ensure compliance
    • Where applicable, set up transfer pricing documentation after conducting interviews and collecting information about all entities.
    • Review of all intra group transactions and advise thereon
    • Provide tax risk management
    • Develop and implement various policies and solutions to optimize the tax functions and bring tax efficiency / savings wherever possible
    • Support the wider finance team with other financial work-streams as required


    Requirements

    • CTA / ACCA / CA (CTA preferred)
    • A demonstrated track record with a minimum of 10 years experience in tax, whether in an advisory capacity or within multinational organizations
    • Specific experience of US tax for overseas individuals/companies is essential (GILTI, controlled foreign corporations)
    • In-depth knowledge of UAE tax laws and regulations.
    • Proven leadership in successfully implementing tax strategies in various entities and organizations, including CIT and VAT implementations
    • Familiarity with tax portals, tax systems, and ERP systems; ∙ Strong analytical and problem-solving skills. ∙ Excellent communication and interpersonal skills.
    • Ability to work independently and as part of a team.
    • Proactive approach in anticipating and identifying tax planning opportunities



    Requirements
    Internal Audit , Analytical