RISHABH JAIN

• Established and optimised efficient processes and systems covering all aspects of tax cycle for satellite and telecommunication industry including planning, implementation, record-keeping, filing, assessment and tax audit to ensure group tax compliance across multiple countries in EMEA and Asia Pacific region
• Evaluated impact of upcoming OECD Pillar Two rules and UAE corporate tax for group
• Continuously assessed tax structures and arrangements, such as transfer pricing and thin capitalization, to formulate tax strategies and implement efficient solutions
• Evaluated contracts, transactions, projects, secondment arrangements for tax implications, and provided tax solutions to minimize tax risk and maximize tax benefits.
• Maintained tax books for all group entities and ensured accurate record-keeping for tax audits and refunds.
• Supported senior finance department on government matters, transfer pricing implementation, assigned projects, and transactions

• Performed evaluation of impact of upcoming OECD Pillar Two rules and UAE corporate tax on NI Group
• Managed tax operations and daily activities for NI entities in Middle East, Europe & Africa
• Independently handle tax audits for VAT, corporate tax, transfer pricing, and international tax
• Developed tax and compliance policies for African and Middle Eastern regions
• Prepared global transfer pricing documentation and plan international transactions
• Collaborate with external consultants to complete tax returns and comply with transfer pricing regulations

• Manage tax operations of FTI entities in Europe, Middle East, Africa, and Asia for 14 countries
• Develop tax policies for the company in countries such as Qatar, UAE, India, and KSA
• Handle International tax, Corporate tax, and Indirect tax litigation matters directly with government
• Provide expert advisory services on pricing mechanisms related to withholding tax and corporate tax to clients
• Analyze Permanent Establishment (PE) risk of company and track employee compliance to mitigate risk
• Prepare TP policies in accordance with OECD guidelines for each segment to gain leverage in transfer pricing litigation matters
• Optimize application of double tax treaties between inter-companies

• Oversee all tax functions for Jumeirah entities globally, including direct, indirect, and international tax compliances for 52 entities worldwide, ensuring timely and accurate filin
• Monitor changes in VAT legislation and Dubai Municipality regulations affecting the business and take necessary action
• Successfully implemented the new excise tax law introduced in the UAE in November 2019 across the Group
• Assist with the establishment of tax and corporate structures to support the Group's expansion, including new sales offices, franchise expansion, and acquisitions
• Conduct timely benchmarking of fee structures and pricing/mark-up arrangements between Jumeirah Dubai entities and overseas subsidiaries and managed operations

• Responsible for tax compliance and advisory services by contributing to understanding business model of financial sector clients including banks and stock exchange
• Assessment of tax leakage in companies and making strategies to save money
• Extensively involved in updating PwC team and clients on the Govt Policy changes on VAT, tax highlights, notifications, circulars, anticipated VAT laws etc
• Handled major financial giants including KSA stock exchange, NCB Bank (largest bank of Saudi Arabia), Deutsche Bank (Middle east) and various Asset management companies and Investment funds amongst others
• Got appreciation from bank in saving USD 4 million (approx.) by formulating new investment tax strategies

Transfer Pricing (TP)

• Contributing to understanding the business model of the client and benchmarking the nature of the transactions carried forward Provided on-call advisory services to clients on pricing strategy and pricing policy for inter-company services
• Advised on price strategy of inter-companies after implementation of GST and analyzed the impact on their pricing policy
• Benchmarked the nature of transactions between related parties to avoid profile leveraging

GST implementation

• Contributed to understanding the business models of companies and provided advisory on the implementation of GST, setting of new prices based on different tax rates, and competitor pricing
• Prepared and reviewed GST compliance forms and returns for various clients
• Assisted prominent companies including SAMSUNG, BMW, Honda Motors, Honda Cars etc

Awarded token of appreciation for individually attending a tax litigation for an agri-commodity company and saving USD 100 million

Contributed to the arrangement of corporate credit entailing:

• Preparing funding proposal and liaising with bankers & client team
• Analysing financial statement and conducting credit analysis from lending perspective
• Performed extensive financial modelling for project valuation, financial projections & company valuation for various companies
• Worked primarily for arranging working capital finance, project finance, term loans and loan against property