Tax & Finance Officer

2 weeks ago


المملكة العربية السعودية, Saudi Arabia Vinnell Arabia Full time

Position

  • TAX & FINANCE OFFICER
    Req Code

Location

  • DOWNTOWN
    Grade
  • P08
    Basic Functions
  • Under the direction of the Director/Controller
  • FAD, plans, directs and coordinates all activities related to Tax, Finance and Management reporting.
    Major Duties and Responsibilities

A

Duties/responsibilities:

  • Assist in the preparation of monthly, quarterly, and yearly (VAT return, Advance Tax, Annual returns
  • Corporate Tax and withholding Tax)
  • Assist with preparing technical schedules and memos, including but not limited to IPRS, CDRLs and PMR
  • Prepare monthly reconciliation, analysis, and related journal entries for tax accounting areas
  • Perform technical tax research and assessments
  • Liaise with tax advisors and ZATCA authorities
  • Assist in the preparation of budgets and cash flow forecasts
  • Complete other duties and projects as assigned by the Controller
  • Facilitate / manage and ensure accurate, timely filing of local tax returns and other business related filings
  • Develop and implement strategic Tax planning as well as identify and report risks and mitigation approaches
  • Prepare business financial performance reports, PMR, IPRS, Commitments analysis as well as other ad hoc reports required by the management.
  • Assist the Controller in day-to-day accounting operations, monthly / quarterly closing and financial reporting through the ERP.
  • Prepare of all inter-company transactions from Northrop.
  • Prepare YES (Year End Schedules) for Corporate reporting.
  • Tracking KPIs and report to the management.
  • Prepare SOX compliance documents on quarterly basis and report to the management.
  • Prepare Customer invoices, record in ERP system, supervise all cash collections reporting from customer and prepare rate adjustment files.
  • Identify internal control risks, establishing controls, update Standard Operating Procedures on regular basis.
  • Ensuring compliance with financial guidelines/international accounting standards, company policies & Procedures, and relevant legal regulations.
  • Assist in training of co-workers and dissemination of new or emerging issues or information

B

Independence:

Act under the direct supervision of FAD Controller

C.
***
Supervisory Responsibilities: NONE.
Minimum Qualifications

A.

Education Level:

***Required: SOCPA Certification

Preferred:
Master's Degree in Accounting and/or Finance; and a CPA/ACCA/CMA qualification are highly desirable.

B.

Experience:

***Required: 7+ years of overall experience (including Big 4 experience)

C.

Specific Knowledge, Skill, and Ability Requirements:

  • 1. Knowledge of Govt. Contracts accounting 2. Audit/Tax/Zakat/VAT, accounting and financial analysis techniques. 3. Highly skilled in Microsoft Office [especially excel] 4. Excellent communications skills written and oral. 5. Sound knowledge of Saudi Tax Laws and IFRS (international financial reporting standards).
  • Hands on ERP operating experience.

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