Assistant Manager-VAT.CA-VAT Central Accounts Department

Employer
Technology Operations
Location
India
Posted
Jan 23, 2025
Closes
Feb 02, 2025
Ref
5020949248
Certification
Other
Work Mode
Work from office
Hours
Full Time
Organization Type
Corporate
Description
  • Lead the preparation, review, and submission of VAT returns across various Mashreq jurisdictions and ensuring full compliance with tax laws.
  • Implement VAT optimization techniques, including maximizing input VAT recovery.
  • Champion automation and digital transformation of VAT reporting processes.


Responsibilities
  • Oversee VAT compliance for multiple jurisdictions, ensuring adherence to local tax laws and regulations.
  • Manage cross-departmental collaboration to ensure consistent VAT compliance and reporting across entities.
  • Timely and accurate filing of VAT returns with Tax authorities
  • Analyze VAT data to provide actionable insights for cost-saving opportunities.
  • Review of expenses & input VAT data and exploring opportunities to maximize the overall input VAT recovery
  • Preparing various analysis reports for senior management perusal.
  • Coordinate with IT, Finance, and regional teams to ensure VAT processes align with organizational strategies.
  • Liaison with internal teams on a daily basis for VAT advisory matters
  • Assist and coordinate with different units across the bank with respect to FTA audits.
  • Develop and execute process improvement initiatives to streamline compliance efforts.
  • Provide support in ensuring all VAT related documentation, statutory records, registers are maintained as per Tax Law requirements
  • Provide support in VAT related projects undertaken in the bank
  • Support in automation / implementation / enhancement / maintenance of all VAT reporting.


Qualifications
  • The incumbent should be a CA with more than 4-5 years of work experience in the field of Tax & Regulatory reporting in banking environment.
  • Proven expertise in VAT optimization, automation tools, and cross-jurisdictional tax strategies.
  • Advanced knowledge of tax laws, international regulations, and related accounting procedures