Financial and Tax Accountant
5 months ago
Responsibilities will be extremely varied but can typically be expected to comprise.
Financial Statements & Analysis:
- Analyze financial data, prepare, and provide monthly financial statements which include Income Statement, Balance Sheet and cash flows.
- Prepare the year-end accounts, finalize audit schedules, reconciliation yearly and manage the relationship with the external auditors as needed.
- Preparation of business unit wise income statement and coordination with the Business Unit managers to understand any queries related to their performance.
- Providing various data with respect for budgeting, various MIS reporting and timely response to management queries.
- Review of accrual and prepayments to make sure that all the expenses are recognized on time.
Accounting support:
- General support to accounting team regarding accounting and standard operating processes.
- Review and validate payroll related matters such as EOSB, Payroll validation, payroll reconciliation.
- Ensure all the payroll related entries are booked monthly.
- Capitalization & amortization of fixed assets monthly.
- Ensure appropriate accounting and reporting standards are followed.
- Manage month and year closing deadlines while coordinating with the team members.
Tax & Zakat:
- Prepare and submit accurate and timely tax returns in accordance with local laws (VAT, WHT)
- Ensure compliance with VAT, Zakat, and other relevant tax requirements.
- Stay updated on the latest developments in Saudi Arabian tax laws and regulations.
- Conduct internal reviews to identify and rectify potential compliance issues.
- Prepare and maintain detailed documentation to support tax filings.
- Respond to inquiries and requests from tax authorities in collaboration with the tax advisors.
Additional Notes:
- Certified Chartered Accountant (CA) or equivalent preferred.
- Proven experience in audit, financial reporting, and taxation, preferably in a multinational or regional context.
- Deep understanding of Saudi Arabian tax laws, including Zakat and VAT, with a track record of successful compliance.
- Advanced proficiency in Excel and accounting software.
- Strong analytical skills with attention to detail and ability to interpret financial data accurately.
- Excellent communication and interpersonal skills, with the ability to collaborate effectively across departments.
- Fluency in both English and Arabic preferred.
**Job Types**: Full-time, Permanent
Pay: ﷼8,000.00 - ﷼11,000.00 per month
Ability to commute/relocate:
- Al Khobar: Reliably commute or planning to relocate before starting work (preferred)
**Education**:
- Bachelor's (required)
**Experience**:
- Financial: 10 years (required)
**Language**:
- English (required)
- Arabic (required)
License/Certification:
- SOCPA (required)
- Certified Chartered Accountant (CA) (required)
Willingness to travel:
- 100% (required)
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