Job Description
VAM Systems is currently looking forVAT Technology Consultant (E-Invoicing) for our UAE operations with the following terms and conditions:
Key Responsibilities
- Gap Analysis & Roadmap: Conduct a comprehensive impact assessment of the E-invoicing mandate on banking products (Retail, Corporate, Treasury) and internal procurement.
- ASP Selection & Integration: Lead the technical evaluation and onboarding of FTA-Accredited Service Providers. Ensure the integration handles PINT AE XML formats.
- Data Mapping: Define the "Data Dictionary" for the bank. Map internal transaction codes to mandatory FTA fields (UUID, Digital Signatures, QR codes, and VAT breakdowns).
- Compliance Oversight: Ensure the bank meets the 14-day reporting deadline and implement protocols for reporting system failures to the FTA within 2 business days.
- Tax Advisory: Provide specific guidance on complex banking scenarios, such as "Reverse Charge Mechanism" (RCM) on foreign software licenses and "Deemed Supplies."
- Data Residency: Collaborate with IT Security to ensure all e-invoice archiving (minimum 5 years) remains within UAE borders as per the Tax Procedures Law.
- Technical Requirements (Banking IT Focus)
- Tax Engine Knowledge: Experience with tax automation tools (e.g., Thomson Reuters ONESOURCE, Vertex, or SAP Tax Compliance).
- Messaging Standards: Deep understanding of XML, JSON, and Peppol (UBL) messaging protocols.
- System Integration: Proven experience with API-led connectivity (REST/SOAP) between Core Banking Systems (e.g., Temenos, Finastra) and external tax gateways.
- Banking Domain Expertise: Understanding of the VAT treatment for financial services (Explicit fees vs. Implicit margins/Exemptions).
- Data Governance: Familiarity with UAE Central Bank Outsourcing Regulations regarding the use of ASPs.
Joining time frame: (15 - 30 days)