Statutory, Tax and Reporting Support - Finance, Riyadh (Nationals only)

Purpose of Role: The role mainly focuses on the Statutory and Tax Requirements and reporting support

Reports to:KSA Finance Lead

Grade:Senior Associate 

Responsibilities: 

• Support seniors to manage and oversee operations of local and outsourced accounting processes which includes month and year-end process, AP/AR, general ledger and balance reconciliations, capital assets reconciliations
• Assist in establishing and enforcing proper accounting methods, policies and principles which should include regular review, analysis and reconciliation of general ledger; continuous systems review, provide recommendations, improve systems and procedures, and initiate corrective actions
• Assist in creation and maintenance of compliance calendar ensuring timely submission of external financial reporting deliverables
• Assist in analysis of statutory reports and commentaries
• Work collaboratively with regional and offshore shared services team to achieve reporting deadlines with accuracy and integrity
• Support seniors with liaising with internal and external auditors with respect to financial audits/ICV audits and coordinating with other parts of Finance and Business to provide audit requirements
• Actively participate on month end close to identify and post statutory ledger adjustments
• Assist in preparation of statutory financial statements and related audit schedules
• Assist in preparation of information requested by reporting authorities
• Assist in preparation of statements and carry out reporting as per requirement in each country
• Submission of VAT returns
• Regularly review VAT GL accounts and transactions to ensure that VAT are properly recorded
• Communicate to AP team or billing team any issues identified during review together with proposed corrective action
• Help facilitate and manage the preparation and review of company tax returns and the accurate, timely filing of all tax forms
• Ensure accurate, timely filing of income tax returns and other business related filings
• Manage and facilitate income tax audits, preparing responses, creating schedules, etc
• Monitor legislative and regulatory tax law developments, communicate the effects of these developments to management and the team and create strategies to capitalize on changes to taxation legislation
• Provide support with various internal audits and special tax related projects
• Provide support in reviewing tax returns and quarterly/yearly tax projections
• Provide or arrange to provide advise from an Accounting, Statutory, Tax reporting perspective that may be required by engagement teams or other functions in carrying out their respective tasks
• Supporting in Adhoc requests from the Finance team and service line Leadership team

Qualifications and Skills

• Bachelor's degree in Accounting, Finance, or related field.  Master's degree or relevant certification (e.g., CA, CPA, CMA) is a plus.
• Knowledge of KSA tax laws, regulations, and compliance requirements
• Experience in tax planning, compliance, and reporting for businesses operating within the KSA. 
• Proficiency in relevant accounting software
• Strong analytical skills with the ability to interpret complex tax laws and regulations
• Excellent attention to detail and organizational skills
• Strong communication skills, both written and verbal
• Ability to work independently, manage multiple tasks, and meet deadlines
• Prior experience in liaising with tax authorities and handling tax audits is a plus

What we offer:

A competitive remuneration package where you will be rewarded for your individual and team performance. Our comprehensive Total Rewards package includes support for career development and benefits.

We also offer:

•    Continuous learning: Vast online library of free courses, with the option to enrol on our MBA programmes also with no financial cost to you
•    Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
•    Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.
•    Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs