Preparation, validation and submission of monthly reports and VAT returns for all group companies in compliance with the VAT regulations.
Ensuring full compliance with VAT laws and regulations by all the group companies.
Submission of reports to the FTA
Identify the VAT risks, plan remediation action and manage the implementation of the remediation plan and resolution of the risks
Submission of information to FTA during the review of returns
Identify & track all changes in the VAT legislations, determine the VAT consequences for the Company and provide remediation plan and solutions
Responsible for ensuring any changes in the business (e.g. new terminals or products) are understood and the appropriate actions planned and taken to ensure properly reporting and compliance
Advises other staffs regarding the handling of VAT transactions and help to improve their knowledge
Assist in providing advice to the company on VAT implications of transactions
Review terms and conditions in contracts and agreements to determine VAT implications & provide inputs from a VAT perspective into company strategies, policies and procedures
Manage VAT audits (External & Internal), prepare and coordinate appeals to support the tax position taken, and propose and implement appropriate settlement schemes
Validation of VAT system for new IT configurations due to new changes in VAT law, rules and regulations and ensuring minimal manual overlays to adhere to VAT requirements
On-going Improvements – Continuously review current processes to find better ways of working. Focus on automation to increase time spent on review and analytics.