Senior Associate – SPV

4 weeks ago


Muscat, Muscat, Oman Oman Investment Authority Full time

Position: Senior Associate - SPV & Tax Management

Reports to: Manager - SPV & Tax Management

Directorate: Investment Operations

JOB PURPOSE:

To perform Special Purpose Vehicle (SPV) related processes and tax related transactions in order to ensure compliance with applicable tax laws and accurate timely reporting.

ROLES AND RESPONSIBILITIES:


• Monitor and ensure completion of SPV audits on time to comply with statutory requirements and OIA internal policy.


• Review periodic SPV financial reports and obtain required clarification from subordinates and administrators to ensure the report's accuracy.


• Coordinate and ensure SPV board meetings take place to comply with relevant OIA policy.


• Monitor SPV banks and oversee the payment and withdrawal processes, ensuring the SPVs always have optimal cash balance by coordinating with the Treasury department.


• Produce periodic department dashboard to report timely Tax and SPV activities to OIA management.


• Implement accounting systems within the SPV & Tax Management department to ensure all activities comply with OIA's policies and procedures.


• Build and maintain strong and effective relationships with all other related units within OIA to contribute to achieving the SPV & Tax Management Department's goals and objectives.


• Supervise Junior team member in their day-to-day tasks and provide them with appropriate feedback and counseling to guide them in managing their performance.


• Oversee tax filing, payments-related activities, and tax payments schedule to ensure compliance with lax laws and tax calendar.


• Support the Manager - SPV & Tax Management in liaison with local and international tax consultants to ensure professional advice to OIA on how to limit their tax liability for overseas transactions.


• Assist Manager - SPV & Tax Management in M&A activity from a tax perspective and advise on appropriate tax structures considering equity investment and financing to identify opportunities to streamline or redesign tax processes or structures within OIA.


• Monitor and maintain oversight of all tax inquiries, assessments, and audits at both OIA and SPV levels to ensure effective management of OIA tax risk.


• Coordinate with internal and external auditors and provide them with all required information to facilitate the preparation of internal and external audit reports for tax -related queries.


• Review the tax advisory presentation to ensure high standards of confidentiality and safeguard commercially sensitive information.


• Oversee the log of tax related queries/matters to ensure the same is addressed in a complete, accurate, and timely manner.


• Prepare all related tax compliance reporting to ensure that all obligations are documented and presented on a timely basis and tax returns are accurately stated.


• Comply with the implementation of SPV & Tax Management Department's policies and procedures, to ensure that all relevant procedural and legislative requirements are fulfilled.


• Comply with all relevant health, safety, and quality requirements, in order to guarantee employee safety and legislative compliance.


• Contribute to identifying opportunities for continuous improvement of systems, processes and practices taking into account 'leading best practices', improvement of business processes, cost reduction and productivity improvement.

MINIMUM QUALIFICATIONS AND REQUIREMENTS:


• Bachelor's Degree in Finance, Accounting, or any relevant field


• CPA, ACCA, ADIT or CMA is desirable


• 8 to 10 years of related experience


• Fluency in English is essential


• Proficiency in MS Office is essential (especially Excel and PowerPoint)


• Experience with business related software is desirable

#J-18808-Ljbffr

  • Muscat, Muscat, Oman Oman Investment Authority Full time

    Join to apply for the Senior Associate – SPV & Tax Management role at Oman Investment AuthoritySenior Specialist Resourcing and Talent ManagementPosition: Senior Associate - SPV & Tax ManagementReports to: Manager - SPV & Tax ManagementDirectorate: Investment OperationsJob PurposeTo perform Special Purpose Vehicle (SPV) related processes and tax...


  • Muscat, Muscat, Oman Optimal spine and joint center Full time

    Optimal Spine and Joint Center Muscat, Masqaţ, OmanThis is a full-time on-site role for an Associate Chiropractor at Optimal Spine and Joint Center located in Muscat. The Associate Chiropractor will be responsible for conducting spine adjustments, providing medicine for musculoskeletal issues, and delivering chiropractic care to...

  • Lead Auditor

    2 weeks ago


    Muscat, Muscat, Oman beBee Careers Full time

    About the JobThis role offers a unique opportunity to build a meaningful career in Assurance.As a Senior Associate, you will lead and deliver value, building strong relationships with clients and teams.Develop a deep understanding of changing business contexts and use reflection to enhance self-awareness.Key responsibilities include anticipating team and...


  • Muscat, Muscat, Oman beBee Careers Full time

    Role OverviewA Senior Associate role focused on leading and delivering value in Assurance.Key responsibilities include building client relationships, managing teams, and inspiring others.You will grow your personal brand, deepen technical expertise, and develop self-awareness.Anticipate team and client needs, deliver quality work, and navigate complex...


  • Muscat, Muscat, Oman Oman Investment Authority Full time

    JOB PURPOSE:To contribute to the deal screening/reviewing of the investments received through investor platform in conjunction with the Omani market needs, asset management through continuous evaluation of the existing portfolios, and monitoring successful exits of the existing deals in order to support in maximizing the revenues generation.ROLES AND...

  • Research Associate

    4 weeks ago


    Muscat, Muscat, Oman Irwin & Dow Careers Full time

    Our client is a global professional services organisation, specialising in executive search and human resources consultancy, operating in over 45 countries. Our client provides exceptional talent almost anywhere across the globe and has been active in the Middle East for over twenty years; working with both major multinational entities as well as many...


  • Muscat, Muscat, Oman KEO International Consultants Full time

    We are currently seeking a qualified Senior Project Engineer – Materials for various Rail and Infrastructure related design projects. As a Senior Project Engineer, you will be an integral part of the Infrastructure Division, working on some of the region's most exciting infrastructure development programs.Preference will be given to qualified candidates...


  • Muscat, Muscat, Oman beBee Careers Full time

    Job Description SummaryWe are seeking a skilled Research Associate to join our team in Oman. The successful candidate will work closely with the Senior Consultant, supporting executive search assignments by identifying companies and organisations, and managing candidate relationships throughout the process.The ideal candidate will have strong analytical and...


  • Muscat, Muscat, Oman beBee Careers Full time

    This is a great opportunity to start your career in Audit & Assurance. As an Associate, you will work on delivering high-quality audits and developing your skills in risk assessment and analysis.Responsibilities include demonstrating an understanding of the importance of addressing specific audit and risk advisory priorities in line with explicit stakeholder...


  • Muscat, Muscat, Oman KEO International Consultants Full time

    We are currently seeking a qualified Senior Project Engineer – Materials for various Rail and Infrastructure related design projects. As a Senior Project Engineer, you will be an integral part of the Infrastructure Division, working on some of the region's most exciting infrastructure development programs.Languages Required:Arabic - Fluent /...