Statutory, Tax and Reporting Support
Full time
at Ernst & Young AE
in
Saudi Arabia
Posted on January 3, 2025
Job details
Bachelor of Business Administration (Management), MBA/PG Diploma in Business Management Nationality: Any Nationality Vacancy: 1 Vacancy Job Description Purpose of Role: The role mainly focuses on the Statutory and Tax Requirements and reporting support. Reports to: KSA Finance Lead Grade: Senior Associate Responsibilities:
- Support seniors to manage and oversee operations of local and outsourced accounting processes which includes month and year-end process, AP/AR, general ledger and balance reconciliations, capital assets reconciliations.
- Assist in establishing and enforcing proper accounting methods, policies and principles which should include regular review, analysis and reconciliation of general ledger; continuous systems review, provide recommendations, improve systems and procedures, and initiate corrective actions.
- Assist in creation and maintenance of compliance calendar ensuring timely submission of external financial reporting deliverables.
- Assist in analysis of statutory reports and commentaries.
- Work collaboratively with regional and offshore shared services team to achieve reporting deadlines with accuracy and integrity.
- Support seniors with liaising with internal and external auditors with respect to financial audits/ICV audits and coordinating with other parts of Finance and Business to provide audit requirements.
- Actively participate on month end close to identify and post statutory ledger adjustments.
- Assist in preparation of statutory financial statements and related audit schedules.
- Assist in preparation of information requested by reporting authorities.
- Assist in preparation of statements and carry out reporting as per requirement in each country.
- Submission of VAT returns.
- Regularly review VAT GL accounts and transactions to ensure that VAT is properly recorded.
- Communicate to AP team or billing team any issues identified during review together with proposed corrective action.
- Help facilitate and manage the preparation and review of company tax returns and the accurate, timely filing of all tax forms.
- Ensure accurate, timely filing of income tax returns and other business related filings.
- Manage and facilitate income tax audits, preparing responses, creating schedules, etc.
- Monitor legislative and regulatory tax law developments, communicate the effects of these developments to management and the team and create strategies to capitalize on changes to taxation legislation.
- Provide support with various internal audits and special tax related projects.
- Provide support in reviewing tax returns and quarterly/yearly tax projections.
- Provide or arrange to provide advice from an Accounting, Statutory, Tax reporting perspective that may be required by engagement teams or other functions in carrying out their respective tasks.
- Support in Adhoc requests from the Finance team and service line Leadership team.
- Bachelor's degree in Accounting, Finance, or related field. Master's degree or relevant certification (e.g., CA, CPA, CMA) is a plus.
- Knowledge of KSA tax laws, regulations, and compliance requirements.
- Experience in tax planning, compliance, and reporting for businesses operating within the KSA.
- Proficiency in relevant accounting software.
- Strong analytical skills with the ability to interpret complex tax laws and regulations.
- Excellent attention to detail and organizational skills.
- Strong communication skills, both written and verbal.
- Ability to work independently, manage multiple tasks, and meet deadlines.
- Prior experience in liaising with tax authorities and handling tax audits is a plus.
- Banking
- Broking
- Accounts
- Taxation
- Audit
- Company Secretary
- Tax And Reporting Support - Finance
- Riyadh (Nationals Only)
Apply safely
To stay safe in your job search, information on common scams and to get free expert advice, we recommend that you visit SAFERjobs, a non-profit, joint industry and law enforcement organization working to combat job scams.
