Lead Finance Officer – Tax Strategy & Planning
Full Time @Qatar Airways posted 3 hours ago in Accounting, Finance & Banking ShortlistAbout the job
About the role
Responsible for effective tax planning to reduce tax risks, ensuring full compliance with the tax laws for assigned countries where Qatar Airways operates, keeping a track of Tax Treaties to be entered, ensuring timely payment of tax liabilities and required filing and also other regulatory laws while maintaining confidentiality of QR financial information.
Responsibilities
- Ensure optimal delivery of compliance obligations (both direct and indirect taxes) at destination countries where Qatar Airways operates by closely coordinating the compliance activities with internal and external stakeholders at respective stations.
- Ensure payment of tax-related liabilities in accordance with the statutory deadlines through advance planning and effective liaison with the internal & external stakeholders at respective stations.
- Ensure Qatar Airways is compliant with the State of Qatar tax regulations, including the deductions and treatment of any withholding taÑ….
- Ensure full compliance with the foreign exchange regulations and employee-related taxes through effective monitoring and reporting of compliance activities.
- Assist in preparing advice for Finance Management on tax planning measures through analysis and research on contemporary changes in tax regulations.
- Assist in negotiating and entering into tax treaties with different countries through the Qatar Ministry of Finance by developing research-based tax position papers to adequately manage our tax exposure.
- Coordinate with internal stakeholders to implement our sourcing strategy to appoint tax advisors and statutory auditors for our branches in the destination countries to meet the tax compliance requirements.
- Research the tax law and related practices adopted in the respective tax jurisdiction and propose methods to ensure tax optimisation for QR Group.
- Maintain the confidentiality of company information and ensure minimum disclosure while meeting the legal requirements.
- Liaise with key stakeholders to decide the form of registration for new offices to optimise the tax liability and plan to meet the compliance requirements.
- Prepare Financial extracts for the assigned tax and regulatory compliance activities from Financial Information Systems.
- Ensure compliance with Global Transfer Pricing Policy regarding the allocation of HO costs and the preparation of Transfer Pricing Documentation.
- Ensure that all documentation relating to compliance is maintained for reference purposes and that full control of all regulatory compliance obligations.
- Make sure timely compliance to tax laws and other regulatory laws to avoid any consequences to QR.
- Perform other department duties related to his/her position as directed by the Head of the Department.
About You
- Bachelor’s Degree or Equivalent with a minimum of 4 years of job-related experience
- Qualification in Accounting / Commerce / Finance.
- Experience in internal tax, including direct and indirect tax.
- Experience in Big 4 or a large corporation with international tax exposure.
- User-level experience in any ERP.
