57 Accounting Compliance jobs in Saudi Arabia
Manager - Accounting Compliance and Reporting
Posted today
Job Viewed
Job Description
Our teams leverage transformative technologies to deliver strategy and execution, from tax and regulatory obligations to operations and workforce management, to reduce risk and drive sustainable value. Tax has six sub-service lines which cover a wide range of issues: Business Tax Services, Global Compliance and Reporting, Global Law, Indirect Tax, International Tax and Transaction Services and People Advisory Services.
**The opportunity**
Our ACR tax service line operates as a team of highly experienced tax professionals who focus on delivering efficient and effective resources to companies in the region. Our goal is to improve quality, manage risk, create efficiency and drive value. Our market leading approach combines standard and efficient processes, highly effective tools and an extensive network of local tax and accounting professionals.
You will have the opportunity to provide clients an integrated, consistent, quality service that unlocks the potential of the compliance function, with tax compliance, statutory accounts preparation and tax accounting calculation support.
As part of a MENA team, you will be responsible for leading a team providing high quality tax services to clients across a range of industries. You will also lead a team looking after service delivery, coordination, issue resolution, and contract management of large-scale projects where you will need to manage and coordinate the delivery of tax services by EY teams in the region.
**Your key responsibilities**
You will spend your time supporting client engagements by coordinating with clients and internal team members, managing deadlines, and tracking engagement economics. You will be assisting clients in their financial digital processes (e.g. preparation and interpretation of year-end-closings, audit assistance, financial statements, etc.), tax compliance (corporate tax returns and VAT returns, etc.), general accounting, credit control and internal optimization projects. You will also be responsible for management reports, budgeting, analytical bookkeeping, financial health & competitors’ analysis.
You will be responsible for the overall management of client engagements, monitor progress and deliverables, put in place the necessary standardized processes, anticipate and identify risks, resolve or escalate issues as appropriate and drive performance-improvement solutions. You will also assist in generating new business opportunities, build client networks and to grow our ACR client base in the region by driving marketing and business development initiatives.
You will create, lead and motivate high performing teams and build a positive learning culture, coaching and counseling team members to help them develop. You will be responsible for managing engagement economics and communicating significant issues, fees and estimates-to-complete to partners and clients. You will also be responsible for ensuring adherence to our Tax Quality guidelines.
**Skills and attributes for success**
If you are an excellent communicator and detail oriented professional with a strong track record of management experience who is comfortable working across borders with a wide network of people and with large amount of data, you will be perfect for the role.
**To qualify for the role you must have**
- A bachelor's degree with strong academic credentials in accounting, business, finance, taxation or any related essential fields.
- MBA, Masters or another related advanced degree and/or professional qualifications e.g. CA, CPA, ACCA, CTA, ADIT or equivalent qualification.
- Over 5 years of relevant experience, ideally within a large professional services company or similar environment.
- Extensive and in-depth knowledge of Financial Reporting Standards, relevant tax rules, procedures and guidelines.
- Practical experience of regulatory topics including Prudential Reporting, Structural Reform; new accounting and compliance innovation; and/or Business audit skills.
**Ideally, you also have**
- Experience of dealing with multinational clients and ability to work in multi-cultural environment.
- Experience and knowledge of tax compliance, financial reporting and ERP systems such as SAP.
- Ability to win in the market, good negotiation skill and ability to work under challenging situations.
- Demonstrated good understanding and capability of implementing accounting concepts.
**What we look for**
Highly motivated individuals with excelle
Real Estate Financial Accounting Compliance Director - Saudi National
Posted 3 days ago
Job Viewed
Job Description
Are you a highly experienced professional with a strong background in real estate and financial compliance? Do you have a solid grasp of financial reporting, regulatory compliance, audit regulations, and legal compliance? We are seeking a Saudi National who meets these qualifications to lead the Client's Real Estate Financial Accounting Department. Role Description: As the Real Estate Financial Accounting Compliance Director, you will play a crucial role in leading the Real Estate Financial Accounting Department. Your responsibilities include overseeing regulatory compliance, financial reporting, real estate operations, and engagement with construction entities. This is an executive-level position, requiring strong managerial skills to lead the department effectively.
Requirements
Key Qualifications and Experience: - Educational Qualification: A bachelor's degree in Finance or a related field. - Experience in Real Estate: A minimum of 15 years of experience with a strong background in the real estate industry. - Corporate Background: Significant experience in corporate management, including an understanding of corporate policies and procedures. - Audit and Regulatory Knowledge: A solid overview understanding of financial accounting, audit regulations and compliance. - Legal Acumen: An understanding of legal regulations related to the real estate industry. - Government Engagement: Familiarity with the ministries relevant to the real estate and financial institutions, such as the Ministry of Housing, Ministry of Municipal and Rural Affairs, and Ministry of Economy and Planning.
About the company
The name MENASA originates from both the geographical region of Middle East, North Africa & South Asia as well as the Arabic word for platform or stage. We provide the platform for employers to approach the best global talent available. Menasa & Partners is a privately owned, fully licensed, Executive Search company head-quartered in Dubai, UAE. From our head office in Dubai we are ideally placed to assist organizations in the global search for talent. We specialize in providing companies not only with suitable individuals to work in their organizations but also offer unparalleled knowledge of the global markets. Our staff all have in depth knowledge of their vertical markets therefore offering tailored strategic advice.
IT Audit & Compliance Specialist
Posted 11 days ago
Job Viewed
Job Description
About Us
Businesses are complex, and so are their workflows and challenges. Off-the-shelf AI solutions often fall short of meeting unique needs. At VisionX, we bridge this gap with deep AI expertise and an understanding of your processes, pain points, and goals. Since 2017, AI has been our core, enabling us to deliver tailored systems for businesses and customers. As innovation partners to world-leading brands and Fortune 1000 companies, we specialize in product strategy and custom application development, leveraging agile methods, accelerators, and pre-trained AI assets to fast-track your AI journey while creating Intellectual Property.
Recognized among Fast Company’s Top 10 Most Innovative Companies of 2020—alongside Microsoft and Snap Inc.—VisionX delivers cutting-edge solutions across industries. Our expertise spans computer vision, 3D modeling, AR, VR, decision sciences, and IoT, solving diverse challenges with precision and innovation. By aligning technology with your objectives, we deliver transformative solutions that drive growth.
Your Role:
As an IT Audit & Compliance Specialist, you will play a critical role in ensuring the accuracy and compliance of IT service provider invoices. Your responsibilities will include conducting in-depth audits of invoices, verifying service delivery against agreed-upon SLAs and KPIs, analyzing service performance metrics, and applying contractual penalties as appropriate. You will develop and maintain a robust system for invoice validation and auditing to ensure financial accuracy and accountability. You will also identify and communicate areas for improvement in service delivery and contract negotiations. Additionally, you will stay abreast of industry best practices and regulatory requirements related to IT service audits.
Requirements:
- Bachelor’s degree in accounting, Finance, Information Technology, or a related field.
- 5+ years of experience in IT audit, financial auditing, or a related field.
- Strong understanding of IT service delivery models, SLAs, and KPIs.
- Proficiency in data analysis and financial modeling.
- Excellent analytical, problem-solving, and communication skills (both written and verbal).
- Strong attention to detail and accuracy.
- Experience with contract management and negotiation is a plus.
- Proficiency in relevant audit software and tools is preferred.
What You Need:
- A strong work ethic and the ability to work independently and as part of a team.
- A proactive and results-oriented approach to problem-solving.
- A commitment to continuous learning and professional development.
- A strong interest in IT and emerging technologies.
- Familiarity with ITIL, ISO 27001, or other relevant IT frameworks.
Why Choose Us
Our global network of industry experts and mentors helps shape your growth and future. We believe in delivering client value through our work. We build products that are not good or great, but outstanding.
You deliver! We will make your stay and journey with us worthwhile.
We are an equal opportunity employer, and we value diversity. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status, or any other legally protected status.
#J-18808-LjbffrSenior Compliance Officer
Posted 1 day ago
Job Viewed
Job Description
The Senior Compliance Officer will support the Compliance Manager in ensuring that Tabby complies with all applicable regulatory and legal requirements, as well as internal policies and procedures. The role will assist in the ongoing implementation and maintenance of the compliance and AML/CFT frameworks, contribute to monitoring activities, support regulatory filings, and help drive awareness of compliance obligations across the business. This is a hands-on role suitable for an experienced compliance professional looking to deepen their expertise in a regulated financial services environment.
- Department
- Compliance
- Employment Type
- Full Time
- Location
- UAE
- Workplace type
- Onsite
- Reporting To
- Nitesh Vasudev
1. Regulatory Compliance Support
- Assist in monitoring and interpreting relevant laws, regulations, and regulatory guidance applicable to Tabby’s operations.
- Support the preparation of regulatory filings, notifications, and responses to regulatory enquiries.
- Assist in the assessment of the impact of regulatory changes and help coordinate appropriate responses.
2. AML/CFT Framework Support
- Support the implementation and maintenance of Tabby’s AML/CFT policies, procedures, and controls.
- Assist with periodic risk assessments and reviews relating to money laundering, terrorist financing, and customer risk.
- Perform customer due diligence (CDD) and enhanced due diligence (EDD) checks, escalating high-risk cases as appropriate.
3. Compliance Monitoring & Reporting
- Conduct regular monitoring activities to assess the effectiveness of compliance and AML/CFT controls.
- Assist in the investigation of unusual or potentially suspicious activity, including preparing draft suspicious activity reports (SARs) for review by the MLRO.
- Help compile compliance reports and maintain relevant logs and registers (e.g. breaches, conflicts of interest, complaints).
4. Policy & Procedure Maintenance
- Assist in maintaining the Compliance Manual and other compliance-related policies and procedures.
- Support the documentation and periodic review of internal controls and processes.
5. Training & Awareness
- Help deliver periodic compliance and AML/CFT training sessions.
- Contribute to awareness initiatives to promote a strong compliance culture across the organisation.
6. Advisory Support
- Provide day-to-day support to business units by responding to compliance queries and offering guidance on internal requirements.
- Support the compliance review of new products, marketing materials, and customer journeys.
7. Stakeholder Engagement
- Liaise with internal teams (e.g. operations, product, risk) to ensure compliance is embedded in day-to-day activities.
- Support the Compliance Manager in external engagements with regulators and auditors, where necessary.
- Bachelor’s degree in Law, Finance, Business, or a related field.
- 3–5 years of experience in a compliance or AML/CFT role within financial services.
- Strong knowledge of UAE regulatory requirements, including CBUAE regulations, is desirable.
- Professional certifications (e.g. CAMS, ICA) are an advantage.
- Strong analytical and problem-solving skills.
- High attention to detail with the ability to manage multiple priorities.
- Excellent communication skills, both written and verbal.
- Team-oriented with a proactive and collaborative approach.
Tabby creates financial freedom in the way people shop, earn and save, by reshaping their relationship with money.
The company’s flagship offering allows shoppers to split their payments online and in-store with no interest or fees. Over 32,000 global brands and small businesses, including Amazon, Noon, IKEA and Shein use Tabby to accelerate growth and gain loyal customers by offering easy and flexible payments online and in stores.
Tabby has generated over $7 billion in transaction volume for its partner brands and has the highest rated, most reviewed, largest and fastest growing app of any fintech in the GCC region.
Tabby launched operations in 2020 and has raised +$1 billion in equity and debt funding from global and regional investors.
Our Hiring Process
Stage 4:
Technical interview @Tabby
Stage 5:
Assessment
Stage 6:
Final interview @Tabby
Stage 7:
Hired
Stage 1:
Applied
Stage 2:
Review
Stage 3:
HR call @Tabby
Stage 4:
Technical interview @Tabby
Stage 5:
Assessment
Stage 6:
Final interview @Tabby
Stage 7:
Hired
Stage 1:
Applied
Stage 2:
Review
Stage 3:
HR call @Tabby
Stage 4:
Technical interview @Tabby
Stage 5:
Assessment
Stage 6:
Final interview @Tabby
Stage 7:
Hired
Not quite right? Register your interest to be notified of any roles that come along that meet your criteria.
Register Your Interest #J-18808-LjbffrCompliance Officer/Manager
Posted 2 days ago
Job Viewed
Job Description
We re looking for a Compliance Officer/Manager who is excited to help us build the region s #1 digital lender for SMEs. You ll have the unique opportunity to join us almost at the start of our mission to re-invent finance in the Middle East. And if it matters to you, we are strongly committed to the principles of Islamic Banking as we embark on this exciting journey. Funding Souq s mission is to enable a reliable financing solution for the region s underserved SMEs and beyond!
Responsibilities:
Contribute to and lead the development of compliance policies and procedures whilst
ensuring compliance with SAMA regulations.
Responding to questions from the business in a timely manner and providing
support in training employees on a regular basis.
Collate monthly and quarterly Management information and update management of key achievements/ developments in the Compliance Program.
Identify upcoming changes in SAMA regulations.
Create/update money-laundering risk analysis and ensure adequate monitoring.
Facilitate the signing of contracts with funding applicants.
Perform tasks as assigned by the direct manager or executive director.
The Role:
We re looking for a Compliance Officer/Manager who is excited to help us build the region s #1 digital lender for SMEs. You ll have the unique opportunity to join us almost at the start of our mission to re-invent finance in the Middle East. And if it matters to you, we are strongly committed to the principles of Islamic Banking as we embark on this exciting journey. Funding Souq s mission is to enable a reliable financing solution for the region s underserved SMEs and beyond!
Responsibilities:
Contribute to and lead the development of compliance policies and procedures whilst
ensuring compliance with SAMA regulations.
Responding to questions from the business in a timely manner and providing
support in training employees on a regular basis.
Collate monthly and quarterly Management information and update management of key achievements/ developments in the Compliance Program.
Identify upcoming changes in SAMA regulations.
Create/update money-laundering risk analysis and ensure adequate monitoring.
Facilitate the signing of contracts with funding applicants.
Perform tasks as assigned by the direct manager or executive director.
What We Are Looking For: Saudi National. A minimum of 2 years experience in Compliance or a related discipline with a leading international or a large KSA financial institution. Good understanding of KSA securities laws/regulations. Fluent in Arabic and English. Exceptional problem-solving and execution skills with attention to detail. Preference for candidates with qualifications in Law, Finance, or Accountancy. Preference for candidates that have CCO, CME1, and CME2 qualifications.Company Industry
- Banking
- Broking
Department / Functional Area
- Administration
Keywords
- Compliance Officer/Manager
Disclaimer: Naukrigulf.com is only a platform to bring jobseekers & employers together. Applicants are advised to research the bonafides of the prospective employer independently. We do NOT endorse any requests for money payments and strictly advice against sharing personal or bank related information. We also recommend you visit Security Advice for more information. If you suspect any fraud or malpractice, email us at
People Looking for Compliance Manager Jobs also searched #J-18808-LjbffrTax Compliance Officer
Posted 11 days ago
Job Viewed
Job Description
Line of Service
Internal Firm Services
Industry/Sector
Not Applicable
Specialism
IFS – Finance
Management Level
Associate
Job Description & Summary
The Firm Tax team is a part of the PwC Middle East Group’s OneFinance function. The team supports on all levels of the firm’s tax activity and is organized into three (3) subfunctions: Compliance & Audit; Governance & Risk; and Legal & Tax Advisory. This role is intended to support the Compliance & Audit subfunction.
The ME Firm Tax Compliance & Audit Senior Associate’s role is for a tax accountant who is responsible for handling tax activities for the PwC ME Group entities under the supervision of the ME Firm Tax Compliance & Audit (Subfunction) Lead and working together with the wider Firm Tax team as well as finance tax specialists across the ME region.
The main focus of the tax accountant is to support the Compliance & Audit subfunction in all tax compliance and audit related matters for the region. This includes optimising PwC’s tax position, minimising tax leakage, managing tax risks, and understanding the tax implications of cross border transactions and the business operating model.
Specifically, this will require data collection, validation and preparation of various tax compliance and reporting requirements across the region. Activities and responsibility will include: preparation of corporate income tax, withholding tax (WHT) and value added tax (VAT) returns; preparation of responses to tax authority audits and inquiries; responding to tax related questions posed by other internal firm services (IFS) functions as well as, at times, client facing (Line of Service (LoS)) teams on tax issues encountered in their day to day operations.
Primary Duties and Responsibilities:
Compliance
Prepare corporate income tax returns for the PwC ME Group entities for review by the Firm Tax Compliance & Audit (subfunction) Lead, ensuring submission deadlines are adhered to.
Prepare WHT returns for the PwC ME Group entities for review by the Firm Tax Compliance & Audit (subfunction) Lead, ensuring submission deadlines are adhered to.
Prepare VAT returns for the PwC ME Group entities for review by the Firm Tax Compliance & Audit (subfunction) Lead, ensuring submission deadlines are adhered to.
Reconcile tax to statutory accounts.
Reconcile and validate accounts and accounting entries as required (including payroll taxes, customs and excise duties, stamp duty, etc).
Deliver internal analysis/reports to Firm Tax Compliance & Audit (subfunction) Lead, flagging key risks, exposures etc., as well as tax opportunities.
Works with the wider Firm Tax team and local Tax LoS Specialists to understand tax laws and regulations in various jurisdictions within the Middle East.
Responsible for guiding transactions within the wider OneFinance team to optimise the management of tax liabilities.
Audit
Provide inputs for all tax audits conducted by Firm Tax/Global Team/External Auditors.
Other
Organize and conduct special analysis as required.
Assist with effective tax training and appropriate support for the business.
Consolidate, analyse and challenge tax report inputs from LoS/local teams/other finance teams as appropriate.
Be actively involved in business development activities to help identify and solve complex tax challenges.
Refine tax policy and procedure documentation and ensure proper implementation and adherence across the ME Group.
Develop strong working relationships and interface with all stakeholders across the ME Group.
Be actively involved in and a positive influence on team recruiting, development, training and retention.
Education
Bachelor’s Degree in Business Administration, Accounting, Finance, Law or a related field required.
Certified Tax Accountant, Certified Practicing Accountant or similar.
Language
Bi-lingual English/Arabic. Fluency in written and spoken English & Arabic.
Overall Experience
2- 4 years of tax experience.
Previous experience with corporate tax, withholding tax, VAT and payroll is required.
An understanding of other taxes would be an advantage.
Specific Experience
Must have tax corporate income tax accounting and compliance experience.
Experience in the Professional Services industry in a top tier (Big 4) firm would be an advantage.
Knowledge and Skills
Understanding of general/international accounting standards and practices.
High level of analytical and quantitative ability required to perform complex financial and transactional tax and accounting functions and ad hoc reporting functions, including proficiency with computer based modelling and analytic techniques.
Ability to adhere to procedures, controls and policies for functional areas of responsibility.
Organization, thoroughness, eye for detail, time management skills and proactivity required.
Excellent people management skills required.
Strong verbal and written communication skills required to effectively work with professional resources in accounting areas.
Ethical conduct.
Education (if blank, degree and/or field of study not specified)
Degrees/Field of Study required:
Degrees/Field of Study preferred:
Certifications (if blank, certifications not specified)
Required Skills
Audits Compliance, Income Taxation, Income Tax Return, Tax Withholding, VAT Returns
Optional Skills
Accepting Feedback, Accepting Feedback, Accounting Practices, Active Listening, Communication, Corporate Tax Planning, Drafting Tax Documents, Emotional Regulation, Empathy, Financial Audit, Financial Review, Financial Statement Analysis, Inclusion, Intellectual Curiosity, Monitoring and Analyzing Financial Trends, Optimism, Preparing Tax Documents, Project Management, Regulatory Compliance Consulting, Regulatory Submissions Filing, Tax Accounting, Tax Auditing, Tax Compliance, Tax Credit, Tax Preparation {+ 4 more}
Desired Languages (If blank, desired languages not specified)
Travel Requirements
Up to 20%
Available for Work Visa Sponsorship?
No
Government Clearance Required?
No
Job Posting End Date
Tagged as: Internal Firm Services
#J-18808-LjbffrTax Compliance Officer
Posted 11 days ago
Job Viewed
Job Description
Description
Established in the region for 40 years, PwC has around 8,000 people in 12 countries across the region: Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Oman, the Palestinian territories, Qatar, Saudi Arabia and the United Arab Emirates. Our regional team operates across the Middle East bringing international experience delivered within the context of the region and its culture. We can bring the collective knowledge and experience of more than 328,000 people across the entire global PwC network in advisory, assurance and tax to help you find the value you are looking for.Job Description & Summary
The Firm Tax team is a part of the PwC Middle East Group’s OneFinance function. The team supports on all levels of the firm’s tax activity and is organized into three (3) subfunctions: Compliance & Audit; Governance & Risk; and Legal & Tax Advisory. This role is intended to support the Compliance & Audit subfunction.
The ME Firm Tax Compliance & Audit Senior Associate’s role is for a tax accountant who is responsible for handling tax activities for the PwC ME Group entities under the supervision of the ME Firm Tax Compliance & Audit (Subfunction) Lead and working together with the wider Firm Tax team as well as finance tax specialists across the ME region.
The main focus of the tax accountant is to support the Compliance & Audit subfunction in all tax compliance and audit related matters for the region. This includes optimising PwC’s tax position, minimising tax leakage, managing tax risks, and understanding the tax implications of cross border transactions and the business operating model.
Specifically, this will require data collection, validation and preparation of various tax compliance and reporting requirements across the region. Activities and responsibility will include: preparation of corporate income tax, withholding tax (WHT) and value added tax (VAT) returns; preparation of responses to tax authority audits and inquiries; responding to tax related questions posed by other internal firm services (IFS) functions as well as, at times, client facing (Line of Service (LoS)) teams on tax issues encountered in their day to day operations.
Primary Duties and Responsibilities:
Compliance
- Prepare corporate income tax returns for the PwC ME Group entities for review by the Firm Tax Compliance & Audit (subfunction) Lead, ensuring submission deadlines are adhered to.
- Prepare WHT returns for the PwC ME Group entities for review by the Firm Tax Compliance & Audit (subfunction) Lead, ensuring submission deadlines are adhered to.
- Prepare VAT returns for the PwC ME Group entities for review by the Firm Tax Compliance & Audit (subfunction) Lead, ensuring submission deadlines are adhered to.
- Reconcile tax to statutory accounts.
- Reconcile and validate accounts and accounting entries as required (including payroll taxes, customs and excise duties, stamp duty, etc).
- Deliver internal analysis/reports to Firm Tax Compliance & Audit (subfunction) Lead, flagging key risks, exposures etc., as well as tax opportunities.
- Works with the wider Firm Tax team and local Tax LoS Specialists to understand tax laws and regulations in various jurisdictions within the Middle East.
- Responsible for guiding transactions within the wider OneFinance team to optimise the management of tax liabilities.
Audit
- Provide inputs for all tax audits conducted by Firm Tax/Global Team/External Auditors.
Other
- Organize and conduct special analysis as required.
- Assist with effective tax training and appropriate support for the business.
- Consolidate, analyse and challenge tax report inputs from LoS/local teams/other finance teams as appropriate.
- Be actively involved in business development activities to help identify and solve complex tax challenges.
- Refine tax policy and procedure documentation and ensure proper implementation and adherence across the ME Group.
- Develop strong working relationships and interface with all stakeholders across the ME Group.
- Be actively involved in and a positive influence on team recruiting, development, training and retention.
Education
- Bachelor’s Degree in Business Administration, Accounting, Finance, Law or a related field required.
- Certified Tax Accountant, Certified Practicing Accountant or similar.
Language
- Bi-lingual English/Arabic. Fluency in written and spoken English & Arabic.
Overall Experience
- 2- 4 years of tax experience.
- Previous experience with corporate tax, withholding tax, VAT and payroll is required.
- An understanding of other taxes would be an advantage.
Specific Experience
- Must have tax corporate income tax accounting and compliance experience.
- Experience in the Professional Services industry in a top tier (Big 4) firm would be an advantage.
Knowledge and Skills
- Understanding of general/international accounting standards and practices.
- High level of analytical and quantitative ability required to perform complex financial and transactional tax and accounting functions and ad hoc reporting functions, including proficiency with computer based modelling and analytic techniques.
- Ability to adhere to procedures, controls and policies for functional areas of responsibility.
- Organization, thoroughness, eye for detail, time management skills and proactivity required.
- Excellent people management skills required.
- Strong verbal and written communication skills required to effectively work with professional resources in accounting areas.
- Ethical conduct.
Required Skills
- Audits Compliance, Income Taxation, Income Tax Return, Tax Withholding, VAT Returns
Optional Skills
Accepting Feedback, Accepting Feedback, Accounting Practices, Active Listening, Communication, Corporate Tax Planning, Drafting Tax Documents, Emotional Regulation, Empathy, Financial Audit, Financial Review, Financial Statement Analysis, Inclusion, Intellectual Curiosity, Monitoring and Analyzing Financial Trends, Optimism, Preparing Tax Documents, Project Management, Regulatory Compliance Consulting, Regulatory Submissions Filing, Tax Accounting, Tax Auditing, Tax Compliance, Tax Credit, Tax Preparation {+ 4 more}
Travel Requirements
Up to 20%
Available for Work Visa Sponsorship?
No
Government Clearance Required?
No
For further information, and to apply, please visit our website via the “Apply” button below.
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About the latest Accounting compliance Jobs in Saudi Arabia !
Senior Compliance Officer
Posted 23 days ago
Job Viewed
Job Description
The Senior Compliance Officer is responsible for implementing all compliance activities to ensure Company follows internal policies, regulatory requirements, and industry best practices. This role includes developing and maintaining the company-wide compliance program, including AML and counter-terrorism financing efforts. It also ensures that all policies, procedures, and controls meet the standards set by Company, CMA, and SAMA.
Duties and responsibilities:
- Acts as the first point of contact for regulators, shareholders, brokers or banks in regards to Anti-Money Laundering & Combating Terrorism issues.
- Advises on regulatory developments and track changing compliance issues.
- Ensures that COMPANY operates within all applicable laws and regulations.
- Assesses the level of awareness of employees regarding all related rules and regulations.
- Assists in improving the level of awareness of the employees regarding money laundering and COMPANY’s policies & procedures in general.
- Review, maintain, and update policy for customer identification and verification procedures including checking government lists.
- Review, maintain, and update procedures and reviews activities for monitoring suspicious activity including provisions for confidentiality, and improves the control structure and mechanism.
- Develops and implements COMPANY’s compliance program and the rollout of compliance policy and procedures.
- Ensures full compliance with the relevant rules and regulations in the scope of KYC, insider trading, client account opening procedures, client complaints, code of conduct, money laundering, incidents and complaints reporting, legislation on securities business and all other relevant local legislations.
- Ensures that all the employees conduct business transaction according to the highest international standards of ethical business conduct set by the CMA code of conduct.
- Identifies COMPANY’s risk and exposure with respect to size, business lines, customer base and geographic location.
- Initiates the implementation of applicable laws and regulations falling under the Senior Compliance Officer’s responsibilities.
- Liaises and works closely with line management, Compliance, Audit and Risk Control on all AML & combating terrorism compliance requirements to improve processes and reduce risks to clients and to COMPANY, with specific emphasis on Operations.
- Liaises with internal and external agencies (i.e. regulatory bodies and auditors) to enforce compliance with rules and regulations and to recommend good practices and acts as the contact person for the Saudi Arabia authorities (CMA / SAMA).
- Monitors activities of clients’ accounts to ensure compliance with anti-money laundering regulations.
- Performs anti-money laundering and “know your customer” checks and client due diligence.
- Prepares and provides regular AML training to the employees and liaises with local regulators on AML issues.
- Prepares trainings on compliance’ related topics.
- Provides full coverage of AML compliance across all aspects of the business, reviews policies and procedures.
- Reviews advertising, disclosures, notices, compliance-related regulatory reports and forms to assure compliance with laws and regulations.
- Reviews new accounts, address changes and other similar activities to identify any transactions that may be in violation of anti-money laundering regulations.
- Undertakes special assignments as required involving investigations into AML cases, frauds, forgeries etc.
- Cooperating with regulatory and law enforcement authorities (e.g. preparation of suspicious transaction and order reports, handling information requests).
- Preparing, reviewing and submitting the periodic reports required by the legislative authorities.
- Review, approve, and submit IFSAH notifications and corporate actions.
- Review, approve, and submit Company funds T&Cs to CMA.
- Handel Market Manipulation cases received by CMA.
- Conduct the work with integrity and responsibility
Qualifications
- Education: Bachelor Degree in Legal, Business Administration, or any related major.
- Experience: +2 years with any related experience.
- Specialized knowledge : Investment banking and CMA/Tadawul regulations.
- Professional Certification: CME-1, CME-2, & CME Advanced Qualification Examinations in AML/CTF and Compliance.
- Seniority level Associate
- Employment type Full-time
- Job function Other
- Industries Financial Services, Investment Banking, and Investment Management
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#J-18808-LjbffrChief Compliance Officer
Posted 25 days ago
Job Viewed
Job Description
Legal and Compliance
Saudi Arabia
Posted on 13 hours ago
Title: Chief Compliance OfficerLocation: Riyadh, Saudi Arabia
About the ClientOur client, a progressive banking institution, is seeking a Chief Compliance Officer to join their team. This pivotal role will oversee the development and implementation of comprehensive compliance strategies, ensuring adherence to regulatory requirements and internal policies across the organization.
Key ResponsibilitiesDevelop and maintain a robust bank-wide compliance program (policies, procedures, controls)Conduct risk assessments and internal audits to identify and mitigate regulatory and operational risksInvestigate compliance breaches, enforce corrective actions, and verify resolutionServe as the primary contact for regulatory examinations and inquiriesReport compliance status and risk exposure to senior management and the BoardDeliver comprehensive compliance training across the organizationCollaborate with legal, risk, audit, and operations to embed compliance into business processesMonitor regulatory developments (AML, GDPR, local banking laws) and update frameworks accordinglyOversee vendor and third-party compliance through due diligence and ongoing oversight
Requirements12-15 years in banking compliance or regulatory roles, with at least 5 years in a leadership positionDeep knowledge of SAMA regulationsProven track record building or enhancing compliance programs (risk assessments, monitoring, reporting)Experience interfacing with regulators and managing audits or examinationsStrong analytical, strategic thinking, communication, and stakeholder engagement skillsProfessional certifications desirable: CCEP, CRCM, CAMS, or equivalentFamiliarity with compliance systems, GRC tools, and data analyticsHigh ethical standards with a strong commitment to compliance culture
Company Industry
- Consulting
- Management Consulting
- Advisory Services
Department / Functional Area
- Finance
- Treasury
Keywords
- Chief Compliance Officer
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People Looking for Chief Compliance Officer Jobs also searched #J-18808-LjbffrCompliance Officer (Riyadh)
Posted 27 days ago
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Job Description
Career Opportunities with Avana Companies
A great place to work.
As a people-first organization, AVANA Companies is the sum of our team members. Our team is the heart of our organization, across all our brands. Given everything they bring to the table, our goal is to enrich their lives as much as we enrich the lives of our clients and partners. At the end of the day, our passion is our people, and our purpose is to deliver Capital for a Better Tomorrow. As a united team, we passionately pursue that purpose – ultimately creating a lasting impression on our own lives and the lives of people around the world. We’re lucky that every day we get to collaborate and work together to accomplish that. It’s one of the many factors that make us a family of companies .
Want to learn more about how you can join our family? View our openings below and be sure to check back often, as our family is constantly growing!
Mission:
The Compliance Officer will ensure the financial transactions, business activities and general operations adhere to the principles of Shariah law, including compliance oversight, policy development, auditing and risk management, stakeholder communication and ethical advocacy.
Key Performance Indicators:
• The % of the organization's assets that comply with Sharia principles, including investments, financing activities, and other financial instruments that align with Islamic finance guidelines.
• The amount of time taken to obtain approval from authorities for new financial products, contracts, or business activities.
• Drafting, implementing and training of business operations procedures for new staff within 60 days of onboarding.
• The # of findings from compliance audits or assessments and the % time taken to remediate any issues identified.
• The accuracy and timeliness of regulatory reports submitted by the organization.
Responsibilities:
• Ensures that the organization complies with all relevant laws, regulations, and industry standards applicable to its operations including AML, KYC requirements
• Acts as primary liaison between the organization and regulatory authorities, industry associations, and other external stakeholders.
• Scrutinizes contracts, agreements, and business practices to ensure they are free from interest (riba), uncertainty (gharar), speculation (maisir), and unethical investments.
• Develops and implements policies and procedures that align with Shariah principles and regulatory requirements. This will involve creating guidelines for permissible investments, ethical business practices, and customer interactions that adhere to Islamic finance principles.
• Monitors the organization's activities to detect any violations of laws, regulations, or internal policies. Investigates potential breaches, documenting findings, and reporting them to senior management and regulatory authorities as required.
• Provides training and educational sessions to employees to ensure they understand Shariah compliance requirements and their implications for business operations.
• Audits and monitoring activities to assess the organization's compliance with Sharia principles. This involves reviewing financial records, conducting on-site inspections, and investigating any potential breaches of Sharia compliance.
Qualifications:
• Bachelor's degree in Business, Finance, or a related field. Master's degree preferred.
• Professional Certificate in Islamic Finance (PCIF) Certification
• Proven experience in a similar leadership role, with a track record of successfully implementing technology strategies.
• Strong technical compliance and lending knowledge and understanding of legal requirements, regulations and Sharia Lending practices
• Excellent leadership and management skills, with the ability to motivate and inspire a team.
• Strong business acumen and the ability to align technology initiatives with organizational goals.
• Exceptional problem-solving and decision-making skills, with a strong attention to detail.
• Excellent communication and interpersonal skills, with the ability to effectively collaborate and communicate with stakeholders at all levels.
• Proven ability to manage multiple projects and priorities in a fast-paced, dynamic environment.
• Strong strategic thinking and planning skills, with the ability to anticipate and mitigate potential risks and challenges.
Note: This job description is not intended to be all-inclusive. The Compliance Officer may be required to perform other related duties as requested by the management team.
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