Foreign Account Tax Compliance Senior

Job description / Role

Our BTS business operates as a team of highly experienced tax professionals who focus on delivering efficient and effective advice to companies in the region. Our goal is to improve quality, manage risk, create efficiency and drive value. Our market leading approach combines standard and efficient processes, highly effective tools and an extensive network of local tax and accounting professionals. Our clients benefit from an integrated, consistent, and flexible quality service to address direct and indirect tax compliance and advisory, statutory accounting and financial reporting, and tax accounting.

The opportunity:

As part of our regional team you will work with a wide range of small, medium and large Financial Institutions across the MENA region on regulatory/operational tax matters. You will work closely with regulators and governmental authorities. Operational and regulatory tax matters involve a key focus on the Foreign Account Tax Compliance Act (“FATCA”) and the Common Reporting Standard (“CRS”) regulations.

As a FATCA/CRS Senior, you will demonstrate the right mix of industry, commercial and tax technical knowledge to be able to understand how Financial Institutions operate across the Middle East and support them in achieving their objectives with respect to regulatory and operational tax matters. You will build trusted relationships with them and your internal peers.

Your key responsibilities:

• You will effectively apply your knowledge to client situations, developing and delivering innovative solution-oriented ideas with timely, responsive services and work products that meet and/or exceed client expectations. You will contribute to creating high-performing teams and helping staff members build their skills.
• You will work with the wider team to serve as a trusted business advisor to a wide range of Financial Institutions across the MENA region, including banks, wealth and asset managers and insurers in providing a wide range of consulting services including a focus on regulatory/operational tax matters.
• You will serve to provide operational and regulatory tax advice with a key focus on advising businesses on FATCA and CRS and also Qualified Intermediary (“QI”) regime and other operational and regulatory tax matters (e.g. 871m).
• You will work as part of a multi-jurisdictional/disciplinary team in terms of delivering engagements. And manage the preparation of reports and schedules that will be delivered to clients and other parties.
• You will participate and assist in preparing for meetings with existing and prospective clients, and support business development initiatives.
• You will ensure engagements comply with all aspects of internal risk management as well as managing the economics of all jobs.

Requirements

Skills and attributes for success:

If you are an energetic and motivated professional with strong analytical and problem- solving skills, you will get the experience to develop within the Tax practice and be exposed to major clients and projects throughout the Middle East.

To qualify for the role you must have:

• A bachelor's degree with strong academic credentials – taxation, accounting, business, finance or a related field essential.
• A minimum of three to five years of relevant experience working with operational and regulatory tax matters in a role which involves oversight on regulatory/operational tax matters.
• Consultancy (i.e. Big 4, major law firm) and in-house Financial Institution experience desirable.
• Strong organizational, analytical, verbal and written communication skills.

Ideally, you’ll also have:

• MBA, Master’s degree or LLM/professional certification (e.g. ACA, ACCA, ICAEW, etc.)
• Fluent in Arabic
• Relevant consulting experience within a mature market

What we look for

We’re interested in versatile people with the ability to take on new responsibilities and listen to clients to get things done. We’re not just looking for technical knowledge experience — we’re after genuinely interesting people with the ability to build relationships, negotiate and think in unique and creative new ways. We need individuals that could move into managerial roles in the short term. If you’re a confident individual with an ability to operate individually and/or within a team environment and have the ability to solve complex issues, this role may be for you.

About the Company

EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available on our site.

The MENA practice of EY has been operating in the region since 1923. For over 95 years, we have grown to over 7,500 people united across 21 offices and 16 countries, sharing the same values and an unwavering commitment to quality. As an organization, we continue to develop outstanding leaders who deliver exceptional services to our clients and who contribute to our communities. We are proud of our accomplishments over the years, reaffirming our position as the largest and most established professional services organization in the region