Tax Analyst

Date: 19 Feb 2025

Location: QA

Company: Power International Holding

Job Summary

    The Tax Analyst is responsible to assist in the preparation, analysis, and filing of tax returns, ensuring compliance with tax laws and regulations. They are responsible for conducting tax research, interpreting tax laws, and providing recommendations to support tax planning and decision-making. Additionally, the Tax Analyst plays a key role in preparing tax provision calculations and supporting documentation for financial reporting purposes. They also assist in responding to tax notices, inquiries, and audits from tax authorities, providing necessary information and documentation to resolve issues.

Job Responsibilities 1

    Prepare and filing tax returns accurately and timely, including income tax, sales tax, and payroll tax returns, to ensure compliance with tax laws and regulations.

    Conduct tax research and analysis to interpret tax laws and regulations, staying updated on changes and developments that may impact the organization's tax position.

    Assist in tax planning initiatives to minimize tax liabilities, including identifying tax-saving opportunities, optimizing deductions and credits, and structuring transactions tax-efficiently.

    Support the preparation of tax provision calculations and documentation for financial reporting purposes, ensuring accuracy and compliance with accounting standards.

    Collaborate with cross-functional teams, such as finance, legal, and operations, to gather necessary information and documentation for tax compliance and reporting.

    Assist in responding to tax notices, inquiries, and audits from tax authorities, providing requested information and documentation in a timely manner.

    Conduct periodic reviews and audits of tax records and processes to identify areas for improvement and ensure accuracy and completeness of tax filings.

    Provide tax-related guidance and support to internal stakeholders, including finance and operations teams, to ensure compliance with tax requirements and mitigate tax risks.

    Develop and maintain documentation of tax policies, procedures, and controls to ensure consistency and compliance with internal policies and external regulations.

    Assist in special projects and initiatives, such as mergers and acquisitions, restructuring, and tax planning strategies, as needed to support the organization's goals and objectives.

Job Responsibilities 2

Additional Responsibilities 3

  • General
  • Corresponding with tax authorities and monitoring the organization’s tax position.
  • Calculate, account for and report Taxes: WHT, VAT, Corporate Tax etc.
  • Comply with GTA and Fiscal requirements applicable to the Group
  • Ensure all aspect related to taxes within Elegancia Group are well understood, communicated and implemented across the Group, mainly Contracts & Procurement (C&P).
  • Being a super user for Dhareeba portal

Job Knowledge & Skills

Comprehensive knowledge of tax laws, regulations, and accounting principles relevant to the organization's operations and jurisdictions.

Strong analytical skills are essential for interpreting complex tax regulations, conducting tax research, and analyzing financial data to identify tax planning opportunities and risks.

Proficiency in tax software and financial management systems is necessary for preparing and filing tax returns accurately and efficiently, as well as for managing tax-related data and documentation.

Excellent communication and interpersonal skills are vital for effectively liaising with internal stakeholders, external tax advisors, and tax authorities, as well as for conveying tax-related information to non-financial stakeholders.

Experience in tax planning, compliance, and audit defense enables the Tax Manager to develop and implement tax strategies that minimize tax liabilities while ensuring compliance with legal and regulatory requirements.

ERP knowledge preferably SAP functional skills are a requirement to be successful in this role.

Job Experience

Minimum 8 year(s) working experience, 5 year(s) relevant working experience, 2 year (s) GCC is a plus

Competencies

Collaboration
Accountability
Resilience
Quality
Leadership
International Taxes L3
Tax Analysis L3
Financial Auditing L3
Financial Reporting L3
Corporate Taxation L3

Education

Bachelor's Degree in Finance, Accounting, Economics, Pubic Administration or business administration, and other related field
Certificate in Chartered Accountant (CA)