Role Summary:

This role will report into the Corporate Finance Head - Assurance & COE and will be responsible for providing a secondary check through internal reviews to test compliance with respect to applicable laws and regulations existing in UAE. Key areas that would be focused would include VAT, CbCR report filing under ESR, Transfer Pricing agreements and likely introduction of Corporate taxation in UAE. The position would also be the owner of the Standard Operating Practices and the Accounting Manual to be introduced in the COE and would be responsible for the test checking compliance and incorporating best practices as the case maybe. Finally, the position would be lead the review of the FAR compliance across concepts and territories and drive improvements thereon.

Key Responsibilties:

• Responsible for leading the compliance of Centre of Excellence (COE) operations based out of UAE via periodic test checks conducted for VAT, related party transactions, potential introduction of corporate taxation, etc.
• Owning the Standard Operating Practices – test check compliance while driving improvements of practices
• Owning the Accounting Manual and work with COE Finance Managers to update the document based on evolving accounting and regulatory practices
• Drive and support for the implementation of new IFRS standards as and when introduced by the IASB and as per the implementation calendar.
• Identifying and share the best finance practices across concepts and territories
• Responsible for driving management action plan arising out of Internal Audit reviews of COE and territory finance operations
• Support the Corporate Head of Finance in driving actions arising out of the Risk Assurance Framework Support the Corporate Head of Finance in driving improved compliance of Schedule of Authority as well as support for periodic changes as and when required
• Support the Corporate Head of Finance for driving compliance to actions arising out of Audit Committee meetings
• Lead for automation best practices in COE with the Corporate Head of Finance
• Support the Senior Finance Manager (Corporate) on Statutory Audit on a case to case basis.

Knowledge, Skills & Experience required for the role

• Education: Chartered Accountant
• No. of Years of Experience: 7-10 years
• Nature of Experience: Working in an Audit Firm (Part of Big 4 or Top 6 audit firms), Shared Services.
• Functional Skills: Excellent knowledge of accounting guidelines including IFRS, experience in Internal Audit (Assurance services), exposure in ERP environment (Oracle or SAP), excellent skills in MS Office tools, particularly Excel, Word and Power-point
• Behavioral Skills: Teamwork, attention to detail, meeting deadlines, customer service orientation, assertiveness, comfortable to work in cross functional teams