Statutory Reporting & Tax Manager

21 أكتوبر، 2022

0 2 2 دقائق

Job Description

Job Description :
One of the local leaders in Oil & Gas services located in Khobar is looking to hire a Finance Manager to join their team with a focus on Statutory Reporting and Tax. The successful candidate must be based in KSA and fully qualified with one of the following (ACCA, CPA, SOCPA, etc.)
Responsibilities:

Developing the financial strategy, including risk minimization plans and opportunity forecasting
Reporting and Presenting to the CFO the consolidated management reporting and financial analytics for all group companies.
Liaise with external auditors and local banks within the Kingdom
Have a robust knowledge of banking
Prepare timely monthly and quarterly financial reporting planning and analysis, and variances and share it with management on a monthly and quarterly basis
Preparation of Annual business plans for holding company and its subsidiaries
Provide accounting and tax advice to business units when required
Preparing cash flow forecast & managing the same closely with the various department stakeholders
Supervise account receivable and payable processes and the related system enhancement initiatives
Perform an assessment on the accounting treatment for current / new products and business lines, including but not limited to the booking logic, reporting treatment, and the financial and regulatory reporting impact
Review and implement new accounting standards and ensure it is properly implemented
Ensure the tax filings/returns are adequately prepared and submitted
Facilitate and manage the preparation and review of company Monthly VAT & WHT, coupled with annual zakat tax returns and the accurate, timely filing of all tax forms.
Find and implement opportunities for process improvement in company tax procedures.
Ensure accurate, timely filing of consolidated federal, state, and local corporate tax returns and other business-related filings.
Develop and implement strategic tax planning for all necessary Saudi-based taxes such as PE Tax, WHT Tax, Annual Zakat / Corporate Tax, VAT, etc.
Monitor legislative and regulatory tax law developments, communicate the effects of these developments to management and the tax team, and create strategies to capitalize on changes to taxation legislation.
Implement control measures and financial processes with group companies in alignment with corporate policies and procedures
Improving efficiencies and reducing costs across the business
Ensuring compliance with statutory law and financial regulations
Preparation of IKTVA reports on a quarterly basis

Skills & Experience

Fully Qualified CPA / ACCA / ICAI / ICAP candidates only (No CMA candidates) (Only full qualified candidates will be interviewed)
Minimum 7 years of experience in Finance Manager role (Big 4 experience is a plus)
Strong Knowledge and experience in IKTVA
Strong knowledge on corporate banking products and the related treatments in IFRS
Strong analytical skills, detail/accuracy oriented
Minimum of 8 years of relevant working experience such in Audit and Financial Accounting
Good command of both spoken and written English a must
Strong communication, interpersonal, problem solving, and supervisory skills
Excellent analytical and problem-solving skills, strong interpersonal and communication skills, and ability to work under pressure
A good team player, highly analytical, independent and self-driven
Immediate available is preferred