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Head of Financial Controls & VAT - Banking

Client of Michael Page

Posted on June 24, 2019

10 - 11 years Dubai - United Arab Emirates

Chartered Accountant(Chartered Accountant), Chartered Financial Analyst(Finance), Other(Other), Any Graduation, Bachelor of Commerce(Commerce). Any Nationality

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Job Description

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Job Description
Financial Controls responsibilities include, but are not limited to:
•Establish and maintain accounting policies for the bank's activities.
•Coordinate internal and external audits.
•Coordinate and contribute to the implementation of new accounting standards.
•Draft and implement appropriate procedures to ensure accurate accounting treatment.
•Implement and maintain the monthly review program to ensure financial controls are in place and appropriate reconciliations, substantiations and attestations are completed.
•Help improve the control environment of the Financial Control unit by monitoring the accounting operations and reporting disciplines.
VAT responsibilities include, but are not limited to:
•Ensure compliance with local and international indirect tax regulations, implications and treatments
•Provide innovative tax planning and review complex VAT returns
•Assist in the development and implementation of VAT strategies
•Liaise with tax authorities and provide tax audit support for the Group.
•Review current and deferred tax provision
•Identify and mitigate tax risks
•Assessing the impact of changes in tax law and accounting principles on the business

Finance / Treasury

Desired Candidate Profile

Candidates that will be seriously considered for the Head of Financial Controls & VAT role will have the following minimum qualifications:
•Must have the relevant professional qualifications (i.e. ACCA, ACA, etc.)
•10+ years of direct experience in both GL/Financial Controls and VAT execution/processing & reporting
•Managerial experience required
•Candidates currently based in Dubai or Abu Dhabi preferred, but open to candidates with the relevant experience seriously looking to relocate to Dubai
•Open to considering Big 4 candidates with banking client portfolios
What's on Offer
•Strong total compensation package and benefits offered
•Strong internal development potential as the bank is going through considerable growth as this time


Head of Financial Controls & VAT - Banking

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Client of Michael Page

Michael Page is the original PageGroup brand, which is one of the leading and well-known recruitment consultancies in the world and spans 6 continents. Established in London in the year 1976, PageGroup operates 3 main brands Michael Page, Page Personnel, and Page Executive. Michael Page comprise s of 25 disciplines that provide services to different specialist areas of the market and its businesses range from international blue-chip organizations to SMEs.

Michael Page is involved in recruiting for temporary, permanent, interim as well as contract roles mainly from second to third job levels upward. Providing excellent career opportunities and recruitment services on a regional, global and local level, the company’s office network spans in different locations including, Dubai, Abu Dhabi, Qatar, Saudi Arabia, Bahrain, and Kuwait. The key recruitment expertise of Michael Page includes:

- Finance & Accounting

- Construction

- Banking & Financial Services

- Human Resources

- Marketing

- Digital

- Sales

- Legal

- Engineering & Manufacturing

- Technology

- Retail

- Executive Search

- Tax

- Property

- Procurement & Supply Chain

- Oil & Gas

The company always looks to hire dedicated and skilled employees and offers them excellent learning and development opportunities, rewards and training.

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