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Tax & Government Relations Manager

Date: 06-Oct-2021

Location: EG

Company: Majid Al Futtaim

Majid Al Futtaim invites you to join us in our quest to create great moments for everyone, everyday! We are the leading shopping mall, residential communities, retail and leisure pioneer across the Middle East, Africa and Asia, serving over 560 million visitors a year. For the past two decades, we have shaped the consumer landscape across the region, transforming the way people shop, live and play, while maintaining a strong sustainability track record and the largest mall in the world to attain LEED Gold EBOM Certification. We have over 40,000 team members in 15 international markets representing over 100 nationalities – all keeping the customer at the heart of everything we do. If you enjoy being BOLD, PASSIONATE and TOGETHER, then Majid Al Futtaim is the destination for you.

Job Purpose:

The job holder will be acting as an advisor/expert for tax & government relations and the main focal point for operations and functions in the countries under scope. He/She will be primarily responsible for the accurate and timely preparation and filing of tax returns. In addition to monitoring current and impending changes to the tax regulations, developing tax strategies and policies that help the business maintain compliance with local tax laws and regulations, perform estimations, analysis, planning, and research and oversee audits. In addition to managing the various operational licenses/permits for the business ensuring their validity and timely renewal.

Job Details – Key Responsibilities and Accountabilities:

The Below responsibilities will cover Egypt

 

  • Ensure compliance with the tax laws.
  • Will be the main liaison point with the tax advisor.
  • Will be responsible for the preparation and successful completion of tax audits.
  • Will be required to manage the timely filing of all taxes (Income Tax, withholding tax , VAT -     Social Security –Salary tax - Stamp duty - entertainment tax  and any other taxes
  • Will be required to ensure the tax reconciliations for the returns submitted
  • Will ensure that accounting records, trial balance are matching with the government statutory records.
  • Will be responsible for Tax audit readiness by ensuring all supporting documents and all tax filings for the previous years are kept and maintained as per the statutory period limitation and are readily available in the event of a tax audit
  • Will ensure a reporting dashboard is provided on a monthly basis to the HQ tax team showing the tax compliance status and will escalate non-compliant matters.
  • Will maintain an issues-log file tracking all current issues and prior resolved issues which will serve as a reference for future compliance.
  • Review and file the Egypt local file to comply with the transfer pricing documentation of BEPS(Base Erosion and Profit Shifting)  .
  • Update all relevant parties about new tax laws developments and provide support to all tax queries raised by them.
  • Identify tax problems or process deficiencies and propose solutions.
  • Manage company legal documents and contracts.
  • Manage company operation licenses and provide all documents needed to issue/renew company licenses
  • Report directly to Director of Financial Control dotted to the county Finance Controller

Measure of Success – Illustrative KPIs:

•         Successfully deliver all the above tasks

Personal Characteristics and Required Background:

  • The ideal candidate is a team player, works closely with finance shared service and operation teams to ensure compliance with tax laws and regulations
  • Extensive knowledge in all types of taxes (corporate income tax, vat, withholding….)
  • Strong accounting, analytical, and research skills.
  • 7+ years of experience in tax and accounting.
  • Excellent written and oral communication skills (Both Arabic and English).
  • Bachelor's degree in accounting or finance.