Senior Vice President

Job description / Role

Senior Vice President - Funds Taxation

Company Overview

Mubadala is an investment and development company supporting the diversification of the Abu Dhabi economy through active global operations and capital deployment in multiple sectors. Wholly owned by the Government of Abu Dhabi, Mubadala was created in 2002 to generate sustainable financial returns for its shareholder and deliver socioeconomic benefits to the emirate. It has a portfolio valued at AED 246.4 billion (US 67.1 billion), and assets in more than 20 countries.

The company works in partnership with world-class organizations to build integrated global businesses and establish investment platforms, strengthening Abu Dhabi's competitive position in sectors such as aerospace, semiconductors, metals & mining, oil & gas, renewables, information & communications technology, healthcare, real estate & infrastructure, utilities, and defense services.

About Group Taxation

Group Taxation is involved in the full life cycle of all Mubadala's overseas assets (whether public, private or fund investments) including cross-border acquisitions, disposals, financings and structural reorganizations. The unit works alongside all of Mubadala's business units and most of its corporate units, most frequently the Mergers & Acquisition, Legal and Structured Finance and Capital Market teams.

The Challenge

The role will focus on providing transactional and compliance related tax support to Mubadala Capital, Mubadala's financial investments unit, reporting to and working closely with Mubadala Capital's existing tax manager. Mubadala Capital manages a diverse pool of assets including (principally US focused) private equity direct and fund investments, credit investments, sovereign investment partnerships in Russia, China and France, a number of media and industrial assets located in Brazil, and an emergent venture capital business. A very significant part of the role will be advising Mubadala Capital on multiple international acquisitions and disposals and therefore it is critical that the appointee has a strong and demonstrable track record in international tax.

Key Responsibilities

- Operating as a member of a team of two with responsibility for all tax matters relating to Mubadala Capital means that the appointee will be a key member of transactional and asset management teams across the unit, providing timely, practical, and accurate tax advice.
- The role will be approximately 90% international M&A transactional advice e.g. advising the business units on potential acquisitions or disposals, including structuring and due diligence, assessing financial models, and working closely with the legal team and external advisors in the preparation of legal documentation. The tax function is tightly integrated into transactions from inception to completion and works very closely with all deal teams and the legal team to ensure that the tax impact on economics and any tax related negotiation points are thoroughly understood from an early stage of potential transactions
- Ongoing consulting advice e.g. advising the business units on tax implications of financing/ re-financing, mergers, operational changes and expansions, monitoring corporate structure to manage tax risks, etc.
- Tax compliance, budgeting, internal reporting and training of junior tax team members i.e. ensuring that Mubadala Capital's corporate tax filing obligations are understood and met and that institutional best practices are followed. Tax knowledge sharing with the business unit to increase the commercial team's tax awareness and training and coaching of the junior tax team
- Build and maintain close relationships with Mubadala Capital's key team members and understand the unit's strategy and drivers
- Ensure continuous review, compliance with and improvement of the processes and procedures established by the Mubadala tax team.
- Manage relationships with external advisors (UAE & global) to obtain advice and other relevant tax services as required for the business

Requirements

Qualifications

- Minimum of ten years international corporate tax experience in either a law firm or Big 4 accounting firm, currently at senior manager or director level or the equivalent
- Experience of providing international tax advice in a fast paced M&A environment, including working closely with acquisition / commercial teams
- Private equity funds experience
- International tax experience, including the application of tax treaties and broad jurisdictional experience (with experience in one or more of: the US, Russia, China, France, and Brazil strongly preferred)
- Project management experience
- Experience with working with sovereign wealth funds
- Experience with US tax and providing advice to eligible investors
- IFRS and tax provision knowledge and expertise
- Tax risk management experience

About the Company

Our formation and identity as a company are inextricably linked to the vision of the late Sheikh Zayed bin Sultan Al Nahyan – who imagined a prosperous future for his people, and then brought them together as a nation to achieve it.

Mubadala is a pioneering global investor, deploying capital with integrity and ingenuity to accelerate economic growth for the long-term benefit of Abu Dhabi. As Abu Dhabi’s leading strategic investment company, Mubadala is active in 13 sectors and more than 30 countries around the world, creating lasting value for our shareholder, the Government of Abu Dhabi.

Our work includes the development of global industrial champions in sectors such as aerospace, ICT, semiconductors, metals & mining, renewable energy and utilities, and the management of diverse financial holdings. We build on legacy expertise in oil and gas to invest across the hydrocarbon spectrum, and enhance the UAE’s growth potential through investments in healthcare, real estate and defense services. Our investment approach prioritizes partnership with best-in-class organizations and a commitment to the highest standards of governance.