Juned Halai
Dubai,United Arab Emirates
Summary
Dynamic and accomplished Chartered Accountant with over 10 years of expertise in Finance and taxation, specializing in UAE Corporate Tax.
Adept at providing strategic tax advisory to clients across sectors ranging from Petrochemicals to Gold and Diamonds industry.
Proven track record in managing complex tax issues, mitigating risks, and providing tailored tax planning solutions that drive compliance and operational efficiency.
Skilled in aligning financial statements with UAE Corporate Tax regulations, integrating accounting software for seamless CT and VAT compliance, and enhancing financial controls.
Excited to contribute my expertise to a forward-thinking organization, contributing to financial excellence and strategic growth.
Overview
17
17
years of professional experience
5
5
years of post-secondary education
1
1
Certification
Work history
Assistant Manager- Corporate Tax
M/s. FAME Advisory DMCC
Dubai, United Arab Emirates
2023.05 - Current
- Conduct impact assessments under UAE Corporate Tax laws for diverse portfolio of clients across various sectors, including Oil & Gas, Golds & Diamonds, Coal, Shipping industry, Real Estate Manufacturing, Distribution, Logistics and Financial institution, SFO etc
- And offering strategic recommendations to optimize their tax positions
- Advising multinational enterprises in restructuring their groups to achieve optimal tax efficiency, considering complexities of tax regulations across the Globe
- Advising clients on various international tax matters
- Draft expert opinions on various complex tax issues such as: -Applicability of UAE Corporate Tax to foreign entities
- -Applicability of Pillar Two under the Global Minimum Tax (GLoBE) framework
- -Determining Qualifying Income for Free Zone Companies
- -Taxation of Foundations/ Holding Company/SPV in the UAE
- -Determining exempt income subject to Participation Exemption
- -Applicability of transitional rules benefit for real estate company
- Review and align clients' financial statements with UAE Corporate Tax provisions, ensuring compliance and accuracy
- Advise clients in implementing accounting software that complies with UAE Corporate Tax and VAT requirements, ensuring seamless integration
- Manage filing of Corporate Tax registration / deregistration, respond to additional queries raised by Federal Tax Authority, and prepare private clarifications on various issues
- Prepare and file accurate tax returns to ensure compliance with UAE tax laws and regulations
- Reviewing related parties & connected person transaction and advising client on applicability of Transfer Pricing and its impact on financial statements
- Assist in preparing transfer pricing benchmarking report, transfer pricing group policy and CbCr report for Multinational Enterprises
- Manage and mentor team of 5 professionals, overseeing their work and ensuring timely and accurate delivery of client projects.
Senior Manager- Taxation and Finance
M/s. Evershine Builders Pvt. Ltd
Mumbai
2014.10 - 2023.04
- Managing, supervising & analyze the reconciliations of Accounts Receivable, Accounts Payable, general ledger, and subsidiary accounts
- Preparing all pre-audit requirements for external audit & coordinating with external auditors, attending to & resolving all their queries
- Verifying and processing all types of payment requests (supplier/payroll/petty cash payments), ensuring proper recording of GST/TCS/TDS and financial transactions complying with applicable accounting standard
- Interacting with Banks, NBFC, Mutual Fund House, JV partners, and Credit rating agencies
- Reviewing and submitting Income Tax audit report, GST Audit Report, Annual Return as per Companies Act, 2013
- Responding and appearing for notices, query, intimation, assessments, scrutiny, appeals, penalty, show cause, refunds, recovery, rectification, and other proceedings before Income Tax and GST authorities
- Reviewing RERA Compliances, registration of Real estate project under RERA, preparation and submission of RERA Forms such as Form 3 and 5
- Major Achievements and Contribution: Designed and implemented newly introduced compliances under Goods and Service Tax specially with regards to Transitional Provision for availing Input Tax Credit (ITC)
- Successfully attended and handled GST scrutiny being conducted by GST investigation team wherein able to save GST of INR 100 million
- Able to resolve Withholding Tax (WHT) demand of INR 10 million
- Successfully Implemented ERP (Farvision) by making optimum utilization of all module start from Budgeting to Sales and Finalization of Accounts.
Financial Controller
M/s. Heath View Holiday Resort Limited
Mumbai
2011.11 - 2014.09
- Managing Day to day operations like vendor payments, customer invoicing, customer collections, bank bookings, investments, etc
- Ensure up-to-date cash flow projection is maintained and cash flow performance of hotel through controls on credit and collection, disbursements, deposits, and remittances
- Prepare outlooks for forthcoming months and forecasts for remainder of the year
- Assist in Preparing Income tax returns and generated monthly reports in compliance with regulatory and organizational standards.
Audit Officer
M/s. Suresh Surana & Associates LLP
Mumbai
2010.12 - 2011.10
- Conducted comprehensive financial audits for a diverse portfolio of clients, including SMEs, corporations, and non-profits
- Prepared detailed audit reports with key findings, highlighting areas for improvement and strategic recommendations to management
- Liaised with clients to gather relevant financial information, address queries, and ensure smooth audit processes.
Article Trainee
M/s. Sunil Vankawala & Associates
Mumbai, India
2007.11 - 2010.10
- Preparation and maintenance of books of accounts for various entities
- Analyzed and prepared various documents for certification by the principal
- Executed an in-depth Statutory audit for Private Ltd Co.
Education
CHARTERED ACCOUNTANT (ICAI, INDIA) -
2007.07 - 2011.05
Bachelor of Commerce (Mumbai University) -
2006.01 - 2007.02
Skills
- Corporate Tax Strategy
- Tax Planning and Advisory
- Transfer Pricing
- Team Leadership
- Microsoft Excel
- Interpersonal Communication
- Financial Reporting
Personal Information
- Date of birth: 02/14/89
- Nationality: Indian
- Marital status: Married
- Visa status: Employment
Certification
- UAE Corporate Tax Certification – Taxation Society
- Diploma in IFRS
- Interactive Dashboard using Google Data Studio
Languages
English
Gujarati
Hindi
Marathi
Timeline
Assistant Manager- Corporate Tax
M/s. FAME Advisory DMCC
2023.05 - Current
Senior Manager- Taxation and Finance
M/s. Evershine Builders Pvt. Ltd
2014.10 - 2023.04
Financial Controller
M/s. Heath View Holiday Resort Limited
2011.11 - 2014.09
Audit Officer
M/s. Suresh Surana & Associates LLP
2010.12 - 2011.10
Article Trainee
M/s. Sunil Vankawala & Associates
2007.11 - 2010.10
CHARTERED ACCOUNTANT (ICAI, INDIA) -
2007.07 - 2011.05
Bachelor of Commerce (Mumbai University) -
2006.01 - 2007.02