Specialist Tax - Finance - 3425995

Standard Chartered Bank Ltd
  • Specialist Tax - Finance Jobs in Dubai - 3425995

    Standard Chartered Bank Ltd
  • 0 - 3 Years
  • Dubai (Dubai)
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3425995

Job Description

Provide regular updates to Regional Tax to inform them on compliance status, obtain buy-in to recommendations, escalate issues and seek guidance
Review and submit periodic group and local tax reporting and forecasting of UAE entities Prepare tax forecasts and monitor progress towards achieving the forecast ETR Prepare and submit Group tax risk reports on a timely basis
Provide support to groups tax project and initiatives;
Review and submit FATCA and CRS tax returns to local regulators
Financial Reporting Contribute to the Group Finance projects, representing the region, in terms of evaluation of Pros & Cons, impact analysis and seamless implementation
Coordination with the business counterparts to effectively manage the reporting requirements
Understand the role of Central finance in its entirety and assess potential risks in the area of accounting and reporting and highlight the same to the CFO and in the relevant risk forums
Maintain effective stakeholder relationship with GFS by providing guidance and accepting suggestions in order to effectively drive the reporting process
Investigate and follow up of group queries relating to management and statutory reports
Work closely with the Regulatory reporting team and ensure that the reports submitted to the regulators are consistent with those submitted to the Group Finance, as applicable

People and Talent

Lead through example and build the appropriate culture and values
Work in collaboration with Regional Tax, GFS Tax CoE, risk owners and process owners
Participate in training operated by the Group, keep abreast of local developments and participate in delivery of training to business and other support functionsinternal stakeholders to ensure awareness of applicable tax regimes including the GFS Tax CoE

Risk Management

Support in embedding tax processes in business activities in accordance with group tax policies and standards ensuring the control environment adequately mitigates the inherent tax risks as assessed through the risk framework
Support the Process Owner under the Groups Risk Management Framework (including relevant Operational Risk Framework ownership for Tax
Identify, document and escalate risks and ensure appropriate management

Governance

Awareness and understanding of the regulatory framework, in which the Group operates, and the regulatory requirements and expectations relevant to the role
Continue to develop and improve framework to assist CFO as risk owner and discharge first line obligations and responsibilities for taxes
Engage with regional tax and finance teams & assist in local stakeholder management on Tax requirements, including assisting the RCO periodic tax declarations for Group in explaining reporting processes, governance & control models & other processes implemented

Regulatory & Business Conduct

Display exemplary conduct and live by the Groups Values and Code of Conduct
Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct
Support the Finance Teams to achieve the outcomes set out in the Banks Conduct Principles
Support to effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters

Other Responsibilities

Embed the Groups values and code of conduct to ensure adherence with the highest standards of ethics, and compliance with relevant policies, processes and regulations
Perform other responsibilities assigned under relevant Group, Country, Business or Functional policies and procedures

Key Stakeholders

All Business and Functions within the Bank at GroupRegional and Country levels
CFO
Group and Regional Tax Teams
GFS Tax CoE teams
Tax Authorities

Our Ideal Candidate

Strong written and verbal communications skill in English, Arabic is advantageous
Excellent stakeholder management skills, able to simplify complex tax matters for business stakeholders
General knowledge of international tax legislation together with understanding of banking products
Experience with UAE VAT, tax regulations for branches of foreign Banks, FATCA and CRS compliance is desirable

Qualification

Professional Accountancy or Taxation qualification, CAACCA CPA or CTA equivalent
Relevant years of experience in Big 4 accounting firm and familiar with taxation in Banking
Ability to work under pressure and meet deadline

Apply now to join the Bank for those with big career ambitions

To view information on our benefits including our flexible working please visit our career pages

Profile Summary

Type:Company Job

Role:Chartered Accountant/CPA

Industry:Banking/Financial Services/Broking

Salary:As per Industry Standards

Function:Accounting/Tax/Company Secretary/Audit

Deadline:01st Feb 2025

Company Profile

Company:Standard Chartered Bank Ltd
Website https://www.sc.com/
Industry Banking, Financial Services & Insurance (Banking - Retail, Corporate, Co-operative)
Company Turnover 10000 - 10000+ Crores
Company Size 10001 - 10001+ Employees



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