Naim Kader

• Group Tax Management – YDE (UAE, Bahrain, Oman, Jordan, KSA, South Africa & Qatar)
  • Tax structuring for new energy bids, including tax memos and tax inputs on financial modeling.
  • Advise on tax aspects of cross-border transactions.
  • Manage VAT/GST compliance, TP documentation, and tax provisioning across jurisdictions.
  • Monitor tax law changes and mitigated risks impacting YDE’s regional tax position.

Business

Finance & Planning

Job Purpose

Responsible to handle the accurate implementation of corporate tax, ensure VAT accounting, compliance, reconciliation and submitting tax return to ENOC Group for an individual company or a group of companies in line with the policies and procedures as agreed.

Principal Accountabilities

Corporate Tax
• Ensure corporate tax implementation process for CIS entities to establish tax strategy that ensures best possible tax savings.
• Carry out Tax profiling phase for all individual legal CIS entities; local, international jurisdictions and free zones.
• Check detailed impact assessment of CIS entities that determine the tax position.
• Ensure mapping of the transactions during the implementation phase to ensure compliance, also achieve tax saving opportunities by utilizing tax losses and unlock possible tax savings.
• Ensure all uncertainties and grey areas are addressed before the first corporate return submission.
• Collaborate with internal departments to ensure seamless tax change implementations.
• Collate information regarding the activities of each individual entity for documentation and cross referencing to all agreements in place.
• Coordinate with Tax consultant, audit and FTA with regards to corporate tax prior and post implementation.
• Ensure system changes are done. Provide inputs to IT for implementing tax related changes in IT systems and financial statements.
• Monitor tax transition period of all CIS entities.
• Check monthly deferred tax calculations for each individual CIS business.
• Regular corporate tax reporting post the implementation.

VAT and Economic Substance Regulation Compliance
• Review of VAT return every quarter/month with the regulatory authorities. finalisation and filing of VAT returns.
• Track and monitor the correctness of VAT liability being captured in the system for all AP and AR invoices.
• Filing Voluntary Disclosures and Re-consideration requests with FTA and Objections before TDRC.
• Managing VAT compliance and obtaining VAT registration.
• Communication of VAT positions from AR and AP perspective with the Business team.
• Keep apprised of the VAT Public clarifications from FTA and execute changes in system/Filed returns
• Obtaining VAT clarifications with FTA.
• Address to the VAT queries of Business and Finance departments
• ERP / System Development – Providing feedback to the IT team for VAT related system developments.
• Coordinating with Lawyers on filing of statement of claim with the Court.
• Coordination with Group Finance on VAT related work/issues
• Coordinating with VAT consultants for seeking Tax opinions.
• Coordinating with Internal and External Auditors for concluding Tax Audits.
• Managing Economic Substance Regulation Compliance.
• Coordinating with Internal concerned parties and Consultants for submitting the ESR reports within the set timeframe.
• Perform/controls accounting and tax due diligence exercise with respect to potential mergers and acquisitions and /or proposed restructuring scenarios.

Audit & Professional Consultancy
• Prepares information on VAT to internal, external and government audit.
• Prepare detailed VAT issue scenarios for consultants to review and obtain professional opinion for management to comply with FTA regulation.

Extensive experience in Managing Value Added Tax (VAT) functions including transaction level analysis, filing monthly and quarterly returns, filing clarifications and reconsiderations with FTA. Executing related system developments and controls. Act as a focal point for multiple business entities of Group for Taxation matters. Perform Governance procedures relating to ESR and advise and review RFP for TP risks in relation to PE issues.

VAT compliance , Advisory, Dispute resolution, Due diligence ; Real Estate , Hospitality, Financial Services.

• Exercised leadership capabilities by successfully motivating and inspiring analysts.

Conducting training to peers and guiding them through new legislation and VAT amendments.

VAT compliance, VAT audits, Advisory and Due Diligence.

Draft technical opinions on a diverse range of industries and aspects . Assist with VAT audit training . Guide consultants on advisory and audit work . Experienced in Technical and Commercial VAT business proposals.

Plan and conduct audits at the CorporateTax division .

conduct business review meetings, understand revenue streams of a business . Keep abreast of draft regulations, court cases , compliance trends and changes to the VAT risk environment.

• Conducted research, gathered information from multiple sources and presented results.
• Conducted presentations on new tax initiatives for the competent tax authority to increase the tax base and strengthen compliance controls.

Facilitate discussions to identify business processors , risks and opportunities. Guide a team of auditors on making appropriate recommendations around financial statements and corporate governance .

Obtaining an understanding of accounting systems and related internal controls , identify significant accounting cycles relating to the client . Understand the importance (and impact) of assessing risk at Annual financial statement level as well as individual account balance level.