Head of Tax

4 weeks ago


Riyadh, Ar Riyāḑ, Saudi Arabia tiqmo Full time

Direct message the job poster from tiqmo

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Job Summary

We are seeking a highly experienced and strategic Senior Vice President, Head of Tax, to lead the tax function for our rapidly growing fintech company. This executive role requires deep expertise in Withholding Tax (WHT), Value Added Tax (VAT), and other tax regulations in Saudi Arabia, particularly within financial services and digital payments. The ideal candidate will be responsible for shaping and overseeing tax compliance strategies, optimizing tax structures, and ensuring full adherence to local and international tax laws. Additionally, this role will provide high-level advisory on tax implications for new product launches, business expansions, and regulatory changes, contributing to the company's long-term financial efficiency and growth.

Primary Duties and Key Responsibilities:

1- Tax Compliance & Reporting:

  1. Preparation and timely filing of WHT & VAT returns in compliance with ZATCA regulations.
  2. Reconciliation of WHT & VAT transactions with the trial balance.
  3. Maintain documentation and ensure compliance with all applicable tax regulations.
  4. Monitor and implement changes in tax laws that impact the business.

2- Tax Advisory & Strategic Support:

  1. Advise finance and business stakeholders on VAT and WHT implications of existing and new products (e.g., card issuance, international remittance, local transfers, e-vouchers, mobile bill pay).
  2. Provide recommendations on tax-efficient structures for revenue-generating services (e.g., interchange fees, FX margins, remittance fees).
  3. Ensure appropriate tax treatment of local vs. international interchange transactions.
  4. Handle tax audits, queries, and compliance reviews from ZATCA.
  5. Collaborate with internal and external auditors to ensure tax reporting accuracy.
  6. Maintain proper tax documentation to support audits and reduce risk exposure.

3- Process & System Optimization:

  1. Implement best practices for tax reporting and compliance.
  2. Work closely with the finance team to optimize tax reporting within ERP and financial systems.
  3. Ensure effective internal controls are in place for tax-related activities.

Requirements and Qualifications

  1. 10+ years of experience in taxation, preferably within financial services, fintech, or payments industries.
  2. Strong knowledge of Saudi Arabian tax regulations, especially WHT & VAT for financial services.
  3. Experience with digital wallets, payment processors, remittances, and taxation for financial transactions is a strong plus.
  4. Previous experience in dealing with ZATCA audits, tax rulings, and compliance matters.
  5. Proficiency in MS Office (Excel, Word, PowerPoint) and ERP/tax reporting systems.
  6. SOCPA (Saudi Organization for Chartered and Professional Accountants) certification is preferred.
  7. CPA, ACCA, CMA, or a relevant tax qualification is a plus.
  8. Fluency in Arabic and English is essential.
  9. Experience working in a multinational or regulated environment is an advantage.
Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Accounting/Auditing and Finance

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