JOB PURPOSE :

Contribute to the development and lead the implementation of the group taxation strategy, contribute to the development of a world class taxation function across the ADNOC group, manage the activities of the Group Tax Department, and provide related advice and support across the ADNOC Group (HQ and Group Companies), in order to ensure overall Federal and Emirate Tax compliance, the realisation of tax reporting requirements, and to support the protection of the company's reputation.

KEY ACCOUNTABILITIES:

Job Specific Accountabilities

Taxation Strategy, Policies and Procedures

• Contribute to the development and lead the implementation of the Group taxation strategy, including a prioritised Tax Operating Model roadmap to help ADNOC Group identify and meet the changing tax obligations and manage ADNOC Group's overall tax risk profile .
• Contribute to Tax function documentation and continually evolve and update:

• Statement of Function
• Process flow charts
• Tax Policies and procedures across the ADNOC VAT Group.

• Contribute to and advise on updates or changes to be made to process flows of other departments and directorates, to ensure tax compliance is embedded within their processes.
• Manage the activities of the Group Tax Department, being responsible for overall Emirate & Federal Tax Compliance and advice encompassing Royalties and Tax & Value Added Tax, in line with centrally developed policies, procedures and guidelines, in order to protect the ADNOC brand.
• Acts on behalf of the Vice President, Tax, in case of absence.
• Lead the implementation of an end to end tax control reporting framework, to ensure increased transparency in VAT reporting across the Group.

Tax Representation

• Act as a liaison for Group Tax with the Federal Taxation Authority, International Partners and Group Companies, as directed by the VP, Tax.
• Contribute to the taxation relationship between ADNOC Group and Joint Ventures, SPC and the Department of Finance Abu Dhabi, as directed by the VP, Tax.
• Liaise with Ministry of Finance to request and obtain tax residency certifications, when required, on behalf of the ADNOC Group companies, in order to take advantage of Double Taxation Agreements signed by the UAE with other tax jurisdictions across the globe.
• Act as a focal point for Tax technical input in relation to strategic decisions, major projects and large value transactions.
• Serve as tax representative on multidisciplinary committees such as Group Internal Audit and Risk Management regarding transactions and other business's initiatives as per VP, Tax recommendation to GCFO.

Internal and External Reporting

• Lead the preparation and submission of required consolidated reports to the Department of Finance and Federal Tax Authority for the Group.
• Review the accuracy of the monthly and quarterly forecasts of Royalties and Tax.
• Prepare the VAT compliance reports and statistics to senior management, to monitor payments and refunds and impact on ADNOC and Group cash flow.

Royalties and Tax

• Manage the calculation and payment of Royalties and Tax payments to the Abu Dhabi fiscal authorities.
• Manage the submission of approved monthly statements to the Abu Dhabi fiscal authorities and active participation in discussions with the fiscal authorities of issues arising from tax submissions.
• Contribute to the development, implementation and continual evolvement of the Royalty and Tax Framework with fiscal authorities to ensure a coherent, practical procedure is in place for the calculation and payment of due tax.
• Manage all the tax compliance requirements by External Auditors, Internal Auditors, Advisors of SPC and other external parties, to provide assurance on ADNOC and Group's tax compliance in line with policies and procedures.
• Contribute to the optimisation of Royalty and Tax accounting control processes and functional structure, to optimise control and reporting processes.
• Contribute to any new key Royalties and Tax fiscal term arrangements, or amendment to existing arrangements.
• Coordinate with Treasury and Accounts Payable regarding the payment of Royalties and Tax.
• Prepare quarterly movement schedule for Royalties and Tax and perform reconciliations with the liability and expense accounts.
• Manage the quarterly reconciliation of system generated Royalties and Tax to financial statements, and compute and adjust for any over or underpayments.
• Manage necessary Royalties and Tax adjustment calculations in terms of crude settlements, deemed purchases etc. involving changes in concessions involving international shareholders.
• Liaise with external auditors regarding year end Royalties and Tax reconciliations and adjustments.
• Coordinate any ongoing and future audits conducted by the Department of Finance for Tax and Royalties and respond to any queries posed by fiscal authorities.
• Provide expert Royalties and Tax advice to ADNOC HQ directorates and external stakeholders.
• Act as custodian for the Royalties and Tax module in SAP, and recommend any required enhancement for Royalty and tax Module in SAP. Escalate any system matters to Vice President, Tax.

Value Added Tax (VAT)

• Manage and review the accuracy and timely compliance with VAT Policy and Procedures including the end-to-end VAT Reporting Framework Compliance.
• Review Group Companies' compliance with VAT Policy and Procedures and escalate instances of non-compliance to the VP, Tax.
• Assess Group Companies' KPI in relation to tax-related compliance and develop remedial action plans where required for annual reconsideration of KPIs to close any identified gaps.
• Oversee the delivery of ADNOC final Consolidated Group VAT Return for sign off by the VP Tax, before the submission to the Federal Tax Authority.
• Contribute with internal stakeholders such as Treasury, Accounts Payable and Accounts Receivable for the monthly/quarterly VAT Liability to and from the ADNOC Group Companies.
• Manage the VAT compliance and reporting for the ADNOC Group entities that are not part of the ADNOC VAT Group.
• Contribute to any ongoing and future audits conducted by the Federal Tax Authority for VAT, by performing related activities.
• Request and review periodic reports, providing assurance that VAT compliance is achieved by the ADNOC Group companies that are not part of the VAT Group ,such as evidence of tax filings.
• Oversee the optimisation and maintenance of the VAT reporting functionality of all ERP systems within ADNOC for VAT critical aspects such as master data set up, VAT determination logic and tax code functionality.
• Identify and rectify failures in Tax critical systems and procedures that result in overpayment or underpayment of tax, thereby ensuring compliance and mitigation reputational risk, and escalate matters to VP, Tax when necessary.

Customers and ADNOC's Group Residence Tax procedures

• Optimise and streamline VAT and custom procedures across the ADNOC VAT group, related to imports and exports.
• Liaise with the Ministry of Finance UAE to manage tax residency and certification related matters, required by ADNOC and Group Companies for international stakeholders.

Group Taxation Support and Advisory

• As assigned by Vice President Tax, act as the lead Group tax advisor on tax impact of major local and foreign investment transactions, to ensure tax risk management and adherence to tax compliance requirements.
• Provide management input into taxation matters affecting Group Budget and cash-flow management in coordination with VP, Tax.
• Support and advise on any tax related concerns of ADNOC's existing International Partners and provide guidance to facilitate new partnerships supporting ADNOC's upstream and downstream directorates in coordination with VP, Tax.
• Provide other Group Taxation advice and support, including:

• Provide training programs and awareness sessions throughout the Group
• Provide advice on key investment and strategic decisions of the ADNOC Group, to ensure tax risk management and adherence to tax compliance requirements in coordination with VP, Tax.
• Implement a comprehensive plan to mitigate any adverse impact of Tax across the ADNOC Group and to maximise cash flow efficiencies in coordination with VP, Tax.
• Contribute to the taxation review of major agreements between ADNOC and other parties such as partners in joint ventures, major projects, major contracts, etc., and contribute to the optimisation of such contracts, from a tax perspective taking into account the overall goal of the agreement.

• Cascade relevant Tax information and Tax Knowledge Management throughout the ADNOC Group in coordination with VP, Tax.

Generic Accountabilities

Management

• Plan and supervise the activities of the personnel and resources of the Department to achieve the Division objectives in an efficient and cost-conscious manner while ensuring implementation of approved operational plans for the Department in line with Division objectives.
• Develop the knowledge, competencies and innovative spirit in the Department and support the establishment of Personal Development Plans (PDP's), Succession Planning and Talent pipeline within the Department in coordination with the Human Capability Group to continuously develop employees with emphasis on UAE Nationals to meet Emiratization targets.

Budgets and Operational Plans

• Compile and provide input for preparation of the Division budgets and regularly monitor expenditure against approved the Department budget levels.
• Investigate, highlight and reconcile any significant variances to ensure effective performance and cost control.

Policies, Systems, Processes & Procedures

• Lead the implementation of approved Department policies, processes, systems, standards, procedures and internal controls in order to support execution of the Division work programs in line with Company and International standards.

Performance Management

• Implement the Company Performance Management System for individuals within the Department in accordance with Company approved guidelines and continuously monitor the achievement of the Department KPIs related to the approved Annual Performance Management Contract and the Balanced Score Card.

Organisation Structure and Development

• Review, develop and recommend the appropriate organisation structure for the Department that will best utilise human capital while proactively incorporating sustainability into the on-going work practices to meet the business objectives.

Innovation and Continuous Improvement

• Encourage innovation, enhance employee motivation and support initiatives for implementation of Change Management to continuously improve operations and services.
• Propose improvements in internal processes against best practices in pursuit of greater efficiency in line with ISO standards in order to define intelligent solutions for issues confronting the Department.

Health, Safety, Environment (HSE) and Sustainability

• Support the institution of an HSE culture and ensure compliance with relevant HSE policies, procedures, systems & controls and applicable legislation and sustainability guidelines across the Department in line with international standards, best practices and ADNOC Code of Practices.
• Ensure adequate HSE training and induction for all Department employees to meet HSE standards.

Management Information Systems (MIS) and Reports

• Prepare all Department MIS and progress reports to provide accurate and timely reports and necessary information to Company Management to effectively manage the business.

COMMUNICATIONS & WORKING RELATIONSHIPS:

Internal

• Vice President, Tax
• Legal Governance & Compliance Unit
• Group Treasury & Risk Management Unit
• Group Procurement Unit
• Group Information Technology Unit
• Group Communication & Corporate Social Responsibility Unit
• Government Relations Section
• Internal Auditors in connection with taxation issues.
• Marketing Supply & Trading Directorate
• Any other Directorate / Unit/ Departments, as required
• ADNOC Group Companies

External

• External Auditors, up to partner-in-charge, in connection with taxation issues.
• Federal Tax Authority.
• Coordinate with Federal Tax Authority and all Group entities in line with direction provided by VP, Tax.
• Other local Tax Authorities, when required

QUALIFICATIONS, EXPERIENCE, KNOWLEDGE & SKILLS:

Minimum Qualification

• Bachelor's Degree in Accounting, Economics or related subject.

Minimum Experience & Knowledge & Skills

• 15 years' relevant experience in Value Added Tax (or similar direct or indirect tax) at either Big 4 Accounting Firms or within oil and gas industry, and with at least 7+ years' experience in positions related to leadership / management.

Professional Certifications

• GCC VAT Diploma
• ADIT

TECHNICAL COMPETENCIES:

• As per approved Competency Dictionary.

behavioural CompetenciEs:

• As per approved Competency Dictionary.

WorK Condition:

Physical Effort

Work Environment

• Minimal.

• Normal office environment.