About Al-Futtaim Group:
Established in the 1930s as a trading business, Al-Futtaim Group has grown into one of the most diversified and progressive privately held regional businesses headquartered in Dubai, UAE. With operations spanning across automotive, financial services, real estate, retail, and healthcare, Al-Futtaim employs over 35,000 employees in more than 20 countries across the Middle East, Asia, and Africa. The Group partners with over 200 innovative global brands and is committed to delivering exceptional value and customer focus.
Overview of the Role:
The Tax Manager will be responsible for ensuring that the taxes of Al-Futtaim Group are properly accounted for in accordance with International Financial Reporting Standards (IFRS). The role also involves assisting in other Group Tax activities including tax provision reviews, tax accounting advisory, and other tax-related workstreams. The successful candidate will work closely with various businesses, service providers, and tax professionals to carry out responsibilities.
Key Responsibilities:
Pillar II Compliance:
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Manage the tax accounting implications of Pillar 2 and Domestic Minimum Top-up Tax (DMTT), ensuring compliance with relevant accounting standards and regulations.
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Assess the impact of DMTT and Pillar 2 on tax liabilities, deferred tax assets/liabilities, and effective tax rate considerations.
Corporate Tax Compliance:
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Manage the tax compliance to ensure adherence to local tax laws.
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Oversee the adoption of Al Futtaim Group’s Tax Operating Model across all geographies.
Tax Accounting Advisory:
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Lead preparation of tax accounting position memos on complex transactions, restructurings, and mergers & acquisitions (M&As), considering current and deferred tax implications.
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Provide tax accounting advice on transactions and events in relation to IAS 12 (International Accounting Standard for Income Taxes).
Tax Accounting Readiness:
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Assist the Group Tax in determining the tax accounting implications of new accounting standards (e.g., IFRS) prior to their adoption and effectivity.
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Help identify tax-related considerations when preparing a roadmap for the adoption of new standards.
Legislative Developments:
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Continuously monitor global tax and accounting developments that could impact tax accounting positions taken by the Group.
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Provide technical assistance in the review of the Group’s tax provisions, both current and deferred taxes.
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Assist in the review of tax-related disclosures in the standalone and consolidated financial statements.
Automation Support:
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Support Tax Accounting-related system issues in coordination with the GTDP (Global Tax Digital Platform) and assist in Tax Accounting automation initiatives.
Required Skills:
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Accounting degree and qualification, such as ACCA or CPA.
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Extensive experience in tax compliance and/or tax advisory involving multiple jurisdictions.
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Fluent in English (both written and verbal).
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Proficiency in Tax Accounting, Tax Compliance, and Tax Advisory.
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Strong project management skills with the ability to manage multiple ongoing projects efficiently.
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Excellent organizational and time management skills.
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Effective presentation skills for communicating tax-related information.
Qualifications:
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8 to 10 years of Tax Accounting experience with exposure to IFRS.
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5+ years of Tax Compliance and/or Tax Advisory experience.
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Experience with a Big 4 Accounting Firm is preferable.
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Industry experience in a related field is a plus.
What Al-Futtaim Offers:
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A dynamic and collaborative work environment within a leading multinational company.
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Opportunity for career growth and professional development.
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A competitive salary package and benefits.
Application Process:
Before applying, please review the job description carefully to ensure you can confidently demonstrate why this role is right for you. Craft a personalized CV to boost your visibility during the application process.
The Global Talent Acquisition team will review your application thoroughly and be available to support you throughout the application process.
Why Al-Futtaim?
Al-Futtaim Group upholds values of respect, excellence, collaboration, and integrity. Join us and be a part of a business that is dedicated to creating lasting positive impacts within the communities it serves.
This role offers an exciting opportunity for an experienced tax professional to join a renowned group and make an impact across multiple jurisdictions.
