Tax Manager
Dubai, Middle East / North Africa
003258
Tax Manager
Dubai, Middle East / North Africa
003258
Working at Lockton
At Lockton, we’re passionate about helping our people achieve their ultimate potential. Our people are curious, action-oriented and always striving to make ourselves and those around us better. We’re active listeners working to ensure understanding and problem solvers developing innovative solutions. If you can see yourself delivering excellent service to clients, giving back to our communities and being a part of our caring culture, you belong here.
Business unit
Dubai
Schedule
Full Time Permanent
Job type
Experienced Professional
Workplace
Hybrid
Your Responsibilities
At Lockton, we’re passionate about helping our people achieve their ultimate potential. Our people are curious, action-oriented, and always striving to make ourselves and those around us better. We’re active listeners working to ensure understanding and problem solvers developing innovative solutions. If you can see yourself delivering excellent service to clients, giving back to our communities and being a part of our caring culture, you belong here.
Purpose of the role
The role of tax Manager will play an important role within the business, dealing with all Tax related matters. Sitting within the Finance division the role will be crucial in tax planning, tax advice and tax management.
Your Responsibilities
- Tax Compliance: Ensuring compliance with all local and international tax laws and regulations. This involves staying up to date with changes in tax legislation that may affect the company's operations.
- Tax Planning: Developing and implementing tax strategies to minimize the company's tax liabilities while staying compliant with laws and regulations. This could involve structuring transactions, new investments, and operations in tax-efficient ways
- Tax Reporting: Overseeing the preparation and filing of accurate and timely tax returns, both domestically and internationally. This includes corporate income tax, value-added tax (VAT), CBCR Notification, Economic Substance Report, Transfer pricing documentation.
- Transfer Pricing: Managing transfer pricing policies to ensure compliance with regulations and minimize tax exposure related to intra-group transactions. This involves setting appropriate transfer prices for services provided between company entities.
- Tax Audits and Disputes: Representing the company in tax audits and disputes with tax authorities. This may involve providing documentation and explanations to support the company's tax positions and negotiating settlements with tax authorities when necessary
- Tax Risk Management: Identifying and assessing tax risks associated with the company's operations and transactions. Developing strategies to mitigate these risks and ensure compliance with tax laws.
- Coordinating between regions and head office: Coordinating to resolve Tax queries with head office and other MENA regions wherever required.
- Cross-Border Taxation: Advising on the tax implications of cross-border transactions, including, withholding tax, transfer pricing issues, and international tax treaties.
- Tax Accounting: Collaborating with the finance and accounting teams to ensure accurate tax accounting and reporting in financial statements, including the calculation of deferred tax assets and liabilities.
- Internal Controls: Establishing and maintaining effective internal controls related to tax compliance and reporting to ensure accuracy and prevent errors or fraud.
- Tax Research and Analysis: Conducting research on complex tax issues and providing analysis and recommendations to senior management.
Qualifications
- A minimum of 5 years in a similar role
- Deep understanding of Tax procedures relating to the region
- Able to advice internal and external clients on Tax related matters
- Ability to build and maintain good business relationships with cedants, markets and associates.
- A working knowledge of Microsoft products (Word, Excel, Power point Outlook) or similar software applications.
- Ability to manage time, prioritize and ensure that deadlines are met without compromising quality.
- A thorough understanding of and adherence to Lockton standards and procedures.
- Expertise to forecast the warning alerts and to take necessary actions to resolve the issues before it is getting worse or escalated further.
- Ability to take proper decisions to make the exchange gain (if possible). Further Reviewing the daily exchange rate updates to make sure all the currencies are aligned and updated.
- Protects the confidentiality of information learned by performing position duties.
- Work in support of other team colleagues.
#LI-AB67
Equal Opportunity Statement
Lockton Companies is proud to provide everyone an equal opportunity to grow and advance. We are committed to an inclusive culture and environment where our people, clients and communities are treated with respect and dignity.
At Lockton, supporting diversity, equity and inclusion is ingrained in our values, and we believe that we are at our best when we fully embrace everyone. We strive to cultivate a caring culture that learns from, celebrates and thrives because of our breadth of differences. As such, we recognize that recruiting, developing and retaining people with diverse backgrounds and experiences is vital and enabling our people to thrive personally and professionally is critical to our long-term success.
About Lockton
Lockton is the largest privately held independent insurance brokerage in the world. Since 1966, our independence has allowed us to serve our clients, take care of our people and give back to our communities. As such, our 10,000+ Associates doing business in over 100 countries are empowered to do what’s right every day.
At Lockton, we believe in the power of all people. You belong at Lockton.
How We Will Support You
At Lockton, we empower you to be true to yourself in all that you do. Your success is our success, and we provide opportunities to help you grow and create a rewarding career path, however you envision it.
We are ready to meet you where you are today, and as your needs change over time. In addition to industry-leading health insurance, we offer additional options to support your overall health and wellbeing.
No Agencies Please
Any Employment Agency, person or entity that submits an unsolicited resume to this site does so with the understanding that the applicant's resume will become the property of Lockton Companies, Inc. Lockton Companies will have the right to hire that applicant at its discretion and without any fee owed to the submitting Employment Agency, person or entity. Employment Agencies, who have fee Agreements with Lockton Companies must submit applicants to the designated Lockton Companies Employment Coordinator to be eligible for placement fees.
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