Tax Specialist

Job Purpose:

Execute and monitor Tax accounting and compliance activities in an efficient, effective in accordance with Sadara’s and ZATCA’s regulations and Law in timely manner. Strong focus on compliance with Saudi Tax regulations, including Income tax, Zakat, VAT, Excise tax and withholding tax.

Main Accountabilities/Responsibilities:

1. Prepare and files VAT, WHT, and Annual income tax returns.
2. Strong knowledge of transfer pricing and the preparation of compliance documentation.
3. Calculate the tax depreciation and deferred tax provision.
4. Prepares tax provision schedules by reviewing, preparing, and consolidating the potential provisions.
5. Revises procedures by developing and streamlining procedures and worksheets for calculation of tax provisions.
6. Good knowledge in of KSA’s Double Taxation Treaties and effective use in the coordination and planning aspects related to thereto.
7. Complete required tax reporting in a timely manner.
8. Recommends tax strategies by researching the tax laws.
9. Good knowledge of automating Tax reports.
10. Maintains legislative materials by reviewing, interpreting, and implementing new or revised laws.
11. Maintains compliance with regulations by forwarding required information to ZATCA.
12. Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations.
13. Accomplishes accounting and organization mission by completing related results as needed.
14. Devise tax strategies to defer or eliminate tax payments.
15. Coordinate audits by various taxation authorities.
16. Research and correct process errors that caused incorrect tax filings.
17. Negotiate with tax authorities over tax issues.
18. Research the basis for tax positions to be taken.
19. Advise management regarding the tax impact of corporate strategies.
20. Advise management on the impact of new laws on tax liabilities.
21. Coordinate outsourced tax preparation work.
22. Researching tax laws and regulations.
23. Provide assistance during tax audits.
24. Responding to notices from tax authorities.
25. Liaise with internal and external auditors.

Education:

• Essential: Bachelor’s degree in accounting, Finance.
• Preferred: SOCPA, VAT Certificate.

Professional Qualifications:

• Strong knowledge in tax accounting process and compliance reporting system.
• Strong Knowledge of transfer pricing and the compliance process.
• Strong knowledge of Income tax regulations, WHT, VAT,
• Strong knowledge of Deferred tax and tax planning
• Ability to analyze financial data and prepare relevant reports.