Head of Tax

Job purpose Lead the planning, implementation and supervision of Tax activities under VP finance control & tax scope’s through: (1) Lead OQ Corporate Tax Function, (2) Overseeing OQ Corporate entities’ tax strategy and compliance, including managing tax planning, ensuring accurate filings, and minimizing tax liability (3) Lead and provide coaching and mentoring to a diverse group of tax employees and be primary communication link between the tax function and the business functions as it relates to tax, (4) Establishing the directions, project plans, and resource requirements to improve and manage the tax results, while balancing stakeholder interests, tax compliance and tax accounting impacts, transfer pricing, audit risks, foreign currency issues, The position will act in accordance with the Group’s Mission, Vision, Values & Strategies, as well as, policies, guidelines and international standards, supported by an IT Technology platform, HSE standards, Omani’s government & other legal justifications, and best international practices in consonance with national objectives. Main tasks and responsibilities: Tax strategy, governance and leadership • Develop and implement the Group’s global tax strategy aligned with business objectives, capital allocation priorities and shareholder expectations. • Establish, maintain and continuously enhance Group-wide tax governance frameworks, policies, controls and procedures to ensure robust tax risk management, compliance and minimize tax risks and liabilities. • Serve as the principal tax advisor to the CFO, Executive Management, BARC and the Board on all tax-related matters impacting the Group. • Define tax risk appetite and establish mechanisms for identifying measuring, monitoring and mitigating tax risks across all jurisdictions. • Ensure effective tax governance over operating companies, international subsidiaries, branches, joint ventures and investment holding structures. • Drive tax awareness and accountability across business functions through training, communication and stakeholder engagement. Domestic and international tax management • Lead all direct tax, indirect tax and international tax matters across the Group's global operations and oversee delivery of full range of tax services; liaise, where appropriate, with outside tax consultants and advisors. Such services include: • Tax planning strategies • Filing of tax returns, extensions, and estimated tax payments • Global tax compliance • Support and lead tax controversies • Manage tax assessments with tax authorities, and oversee defence of company in -tax audits • Identifies and leads efforts to pursue tax opportunities and refunds • Monitor tax legislative developments, emerging regulations and international tax reforms and assess their impact on the Group. • Oversee compliance with corporate income tax, withholding tax, VAT/GST, customs duties, excise taxes and other applicable tax obligations. • Ensure tax compliance across all jurisdictions in which the Group operates or holds investments. • Develop and maintain the Group's international tax operating model to manage cross-border investments and transactions efficiently. • Provide oversight of permanent establishment exposures, cross-border payment structures and treaty-based tax positions. International tax structuring and cross-border investments • Lead tax structuring of international investments, acquisitions, divestments, project developments and financing arrangements. • Design and optimize holding company structures, investment platforms and SPV arrangements to support commercial objectives while minimizing tax leakage. • Review and advice on international repatriation strategies including dividends, capital reductions, shareholder loans, royalties, management fees and other treasury-related arrangements. • Assess and manage tax implications arising from overseas investments, project companies, branches and joint ventures. • Lead tax due diligence and structuring support for entry into new jurisdictions and international expansion projects. • Optimize utilization of double tax treaties and tax incentives while ensuring compliance with anti-abuse regulations. OECD, BEPS and transfer pricing • Lead Group-wide compliance with OECD BEPS initiatives, Pillar Two global minimum tax requirements, transfer pricing regulations and evolving international tax standards, and also monitor and guide the Group companies on such emerging international tax rules, transfer pricing, and other cross-border tax reforms ensuring consistent compliance and readiness across all jurisdictions. • Develop, implement and maintain transfer pricing policies for intercompany transactions, services, financing arrangements, guarantees and intellectual property arrangements. • Ensure preparation and maintenance of transfer pricing documentation including Master Files, Local Files and Country-by-Country Reporting (CbCR), where applicable. • Assess implications of global tax reforms and ensure readiness of Group entities for compliance requirements. • Advise management on tax-efficient intercompany funding and operational structures. Tax planning and value creation • Identify and implement sustainable tax planning opportunities that enhance shareholder value while maintaining compliance and protecting the Group's reputation. • Lead initiatives to optimize effective tax rates, cash tax positions and tax cash flow management. • Drive tax efficiency within capital-intensive projects, upstream, midstream, downstream and international investment operations. • Identify opportunities for tax incentives, exemptions, credits, refunds and economic zone benefits across jurisdictions. • Evaluate tax implications of business restructuring, financing arrangements and operational changes. Mergers, acquisitions and corporate transactions • Act as the tax lead on mergers, acquisitions, disposals, joint ventures, project financings and corporate reorganizations. • Conduct tax due diligence reviews and identify tax risks, liabilities and opportunities associated with transactions. • Advise on transaction structuring to optimize post-tax returns and protect the Group from unforeseen tax exposures. • Support integration and separation projects from a tax perspective. • Participate in negotiations with investors, financial institutions, partners and advisors on tax matters affecting transactions. • Support relevant functions in the structuring of shareholder loans and capital injections into assets or projects to ensure optimal tax planning and compliance with applicable regulations. Treasury, financing and capital structuring • Provide tax support for financing strategies including shareholder loans, external borrowings, project financing arrangements and capital injections. • Advise on withholding tax, thin capitalization, interest limitation and hybrid mismatch considerations. • Support treasury and finance teams in developing tax-efficient funding structures across Group entities. • Review financing arrangements to ensure compliance with local and international tax regulations Tax controversy and dispute management • Lead and manage all interactions with tax authorities directly or indirectly via external tax advisors.

Lead the planning, implementation and supervision of Tax activities under VP finance control & tax scope’s through: (1) Lead OQ Corporate Tax Function, (2) Overseeing OQ Corporate entities’ tax strategy and compliance, including managing tax planning, ensuring accurate filings, and minimizing tax liability (3) Lead and provide coaching and mentoring to a diverse group of tax employees and be primary communication link between the tax function and the business functions as it relates to tax, (4) Establishing the directions, project plans, and resource requirements to improve and manage the tax results, while balancing stakeholder interests, tax compliance and tax accounting impacts, transfer pricing, audit risks, foreign currency issues, The position will act in accordance with the Group’s Mission, Vision, Values & Strategies, as well as, policies, guidelines and international standards, supported by an IT Technology platform, HSE standards, Omani’s government & other legal justifications, and best international practices in consonance with national objectives.