VAT & TAX Consultant (Insurance)

Company Description:

Takaful Emarat-Insurance (P.S.C), established in 2008, is a premier provider of Shariah-compliant life and health Takaful solutions in the UAE. The company offers a diverse range of individual and corporate Takaful products, including protection, savings, and investment plans. With a focus on meeting the needs of the community, Takaful Emarat caters to its customers through multiple distribution channels. The organization is committed to providing innovative and customer-centric insurance solutions.

Job Objective:

The jobholder will be responsible for providing support to the Finance Department, with a primary focus on VAT and tax compliance, reporting, and reconciliation. This includes ensuring timely and accurate submission of VAT and tax returns, conducting thorough reviews of related transactions, and delivering insightful analysis on variances and regulatory impacts.

Key Responsibilities:

Manage VAT and Tax Compliance:

• Keeps the organization aligned with local and international tax laws.
• Minimizes risk of penalties or audits due to late or incorrect filings.
• Maintains up-to-date knowledge of tax legislation and regulatory changes.

Review and Reconcile Tax-Related Transactions:

• Identifies and resolves discrepancies between tax records and accounting entries.
• Supports audit readiness and strengthens internal financial controls.
• Ensures proper classification and treatment of taxable items.

Provide Tax Advisory and Reporting Support:

• Advises on tax implications of business decisions and contracts.
• Prepares reports that highlight tax exposures, trends, and opportunities.
• Supports strategic planning and financial decision-making with accurate tax insights.

Oversee E-Invoicing Implementation and Compliance:

• Ensures e-invoicing systems comply with government mandates and tax authority standards.
• Coordinates with IT and finance teams to integrate e-invoicing into existing workflows.
• Monitors data accuracy and supports timely submission of electronic invoices.

Qualifications:

• Bachelor's degree in accounting, Finance, or Taxation
• CPA, ACCA, or equivalent certifications are preferred
• 4+ years of hands-on experience in UAE VAT and corporate tax compliance, preferably within the insurance or financial services industry.