Finance Specialist Full Time

Key Result Areas:

• Assist with preparation and submission of VAT returns to Federal Tax Authority on a monthly basis.
• Ensure timely and accurate regulatory filing, tax accounting/reconciliation.
• Perform various postings to the General Ledger and reconcile VAT accounts.
• Reconcile AR/AP sub-ledger and matching Trial Balance with General Ledger.
• Vouching the correctness of the VAT treatment of the invoices to ensure that the VAT calculation and treatment are correct.
• Reconciliation of Customs documentation and invoices.
• Extraction of other direct entries from the Treasury module.
• Proactively identify and mitigate tax risks.
• Develop and monitor and promote continuous improvement of functional procedures and processes by conducting work value analyses and studies in order to optimize methods and procedures.
• Contribute to the development & implement VAT principles, policies and processes to ensure completion and compilation of VAT mechanism and registrations across the businesses.
• Provide periodic training and mentorship to finance, procurement, supply chain and other relevant departments in regard to VAT implementation, documentation and compliance.
• Ensuring the organization to be up to date on changes in VAT legislations.
• Prepare management report as required.
• Dealing with VAT Audits and other tax office communication.
• Assist on ad hoc projects as assigned.

Qualifications:

• Graduate from a recognized university in a taxation subject, bachelor’s degree in finance or accounting, or qualifications as a Certified Tax practitioner.

Work Experience:

• 6 years of relevant accounting work experience, 3 years in taxation
• Good understanding of the Tax and Customs Laws and Regulations and experience in proactively managing new developments.

Skills:

• An excellent technical and practical knowledge of taxation
• Ability to prioritize workload
• Excellent English language written and verbal communication skills.
• Ability to work both independently and in a collaborative team setting.
• Ability to manage both day-to-day operations as well as project work.
• Proven ability to build strong partnerships with external and internal stake holders
• Self-motivator that will seek out and wield opportunities to improve process & delivery
• Ability to assimilate complex information into clear and practical reports
• Highly competent with MS Excel and other MS Office Applications