4 Tax Consulting jobs in Saudi Arabia

**List of Responsibility**:

- Provide technical support on accounting and tax matters to the team
- Banking payments and treasury matters
- Oversee and manage the company's accounting and tax functions, ensuring accurate and timely financial reporting and compliance with relevant regulations and standards.
- Develop and implement accounting procedures and internal controls to maintain the integrity of financial data and safeguard company assets.
- Prepare and review financial statements, including balance sheets, income statements, and cash flow statements, and provide analysis and explanations of variances.
- Ensure timely and accurate filing of all tax returns, including corporate income tax, sales tax, and payroll tax, and maintain up-to-date knowledge of tax laws and regulations.
- Manage relationships with external auditors, tax advisors, and regulatory authorities, facilitating audits and responding to inquiries and requests for information.
- Provide guidance and support to the accounting team, overseeing day-to-day operations, reviewing work for accuracy and completeness, and promoting professional development.
- Stay abreast of industry trends, best practices, and changes in accounting and tax regulations, and proactively communicate updates and implications to relevant stakeholders.
- Lead special ad-hoc assignments as per regulatory requirements (e.g. Tasneef Certification, Social Insurance Audits)
- Ensure strict adherence to Airbus financial controls compliance and other regulatory framework.

**Person Specification**:

- Have the ability, expertise, and demonstrable working experience of taxation in KSA together with accounting skills.
- Hold an accounting degree and relevant experience in a multinational for no less than 5 years
- Professional certifications such as for the chartered and professional accountancy d accountancy would be preferred.
- Have experience in monthly financial reporting (for Group consolidation and for local management).
- Have experience in finalizing annual tax returns.
- Have experience in using the SAP ERP system.

This job requires an awareness of any potential compliance risks and a commitment to act with integrity, as the foundation for the Company’s success, reputation and sustainable growth.

**Company**:
Airbus Defence and Space Saudi Limited

**Employment Type**:
Fixed term**Experience Level**:
Professional

**Job Family**:
Accounting

At Airbus, we support you to work, connect and collaborate more easily and flexibly. Wherever possible, we foster flexible working arrangements to stimulate innovative thinking.

People Management
- Manage the effective achievement of the team’s objectives through setting individual objectives, managing performance, developing the team and providing formal and informal feedback to maximize overall performance, engagement and motivation.

Financial Accounting and Reconciliation
- Design and implement the preparation and review process of consolidating financial statements both under Saudi GAAP and IFRS (Riyal & US$) and identify and implement ‘stop gap’ financial reporting system for consolidation.
- Verify and review the transaction flows and set-up enabled for posting transactions to NOMAC and sibsidiaries’ general ledger and ensure that financial accounting transactions are accurately and properly reflected in the accounting books in accordance with accounting procedures, regulatory requirements, and any other relevant international accounting standards and practices.
- Oversee the account payables and receivables related activities and ensure that the payable and receivable balances are regularly reviewed and cleared before year end.
- Oversee and ensure the reconciliation of transactions and bank statements promptly and accurately to ensure that all payments and accounts are matched and reconciled regularly and to ensure an updated general ledger.
- Carry out accurate endorsing/approvals of invoice payment authorizations, payment vouchers, cheques, bank instructions and other related financial documentation in order to facilitate timely processing of payments as per defined policies & procedures.
- Provide technical accounting assistance to teams at (on standards such as leasing, contracts, derivatives, deferred taxes, consolidation, accounting for FX, transfer pricing etc) subsidiaries as well as business development deals including preparation of accounting whitepapers for accounting issues, maintaining data base for technical accounting issues and contract assessments etc.

Financial Reporting
- Develop detailed financial reports for the KSA operations including budget, key metrics, forecast, etc., in collaboration with the plants, in order to ensure they are developed in a timely, efficient, and accurate manner.
- Review and ensure the proper generation of monthly, quarterly, and annual consolidated financial statements for NOMAC and its subsidiaries in KSA, in order to ensure correct, consistent and timely submission by finance team / subsidiaries to JVA partners, tax authorities, external auditors and senior management.
- Prepare presentations for various stakeholder including senior management, Board Audit Committees, and Board of Directors, to provide an overview of the financial health of NOMAC.

Month-end closing activities
- Oversee and ensure the timely execution of all the closing activities for NOMAC Holding Company / KSA subsidiaries, on a monthly basis in line with accounting policies and procedures to ensure transactions are recorded accurately and reflect the financial standing.
- Work with the Corporate Finance Teams in debottlenecking the month end processes in order to achieve error free and timely monthly closing.

Financial Analysis
- Carry out financial analysis including trend analysis, variances, etc. and identify rationales for them, in order to provide suitable justification to the management.
- Review various financial metrics on a monthly basis, analyse trends and provide advice to the senior management to protect and enhance group profitability from a long-term perspective.

Coordination
- Provide support to the finance team in developing and strengthening the local bank relationships in KSA, in order to ensure these relationships, serve the interest of the Company.
- Arrange service agreements with all subsidiaries and charge back hours provided by team to subsidiaries through implementation of corporate wide time sheet system.

Audits
- Assist in the completion of audits for the KSA region by ensuring a thorough review of financials and reporting of any discrepancies to ensure timely completion of audits and implementation of audit results by the entities.

International Standards
- Design and implement best practice accounting systems and processes including closing check lists and closing processes, chart of accounts, time sheets, financial policy manual, monthly flash reporting and analysis etc., to ensure seamless management of financial processes.
- Remain abreast with the latest IFRS and other laws and regulations in order to ensure that work output is in conformity with accepted practices.

Policies, Processes, Systems & Procedures
- Ensure the implementation of financial policies, procedures and internal controls covering all areas of activity to ensure compliance.

Continuous Improvement
- Identify opportunities of improvement and contribute to organisational and departmental change initiatives, programmes and projects taking into account best practice and standards in the business environment.

Health, Safety, Security and Envir

Our globally coordinated tax professionals offer connected services across all tax disciplines to help our clients thrive in an era of rapid change. We combine our exceptional knowledge and experience with the people and technology platforms that make us an ideal partner for all their tax-related needs. In Tax, we equip clients to make better business decisions by bringing insights to the forefront. We help companies understand the tax policies and tax laws of governments around the world to plan and comply accordingly.

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 BTA 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. You will work with organizations and individuals to structure transactions and operations in a tax-effective manner. This includes helping clients to mitigate tax risk and comply effectively with tax laws.

You will help businesses meet complex demands for tax reporting, compliance, planning, strategy and controversy. By integrating deep technical and industry knowledge with established methodologies, you will work with a wide range of businesses and corporations to help them develop and implement effective, practical and sustainable tax strategies.

You will provide tailored advice to clients and build valued relationships with them and your team. You will participate in large scale projects, work on business tax field and develop further business opportunities.

**Your key responsibilities**

You will be responsible for high level management and successful delivery of technically complex and demanding consulting projects, ensuring technical excellence and high-quality client service. You will establish, maintain and strengthen valued internal and external relationships and ensure that the services delivered to clients is of the highest quality.

You will be responsible for the day-to-day management of client engagements, monitor progress and deliverables, put in place the necessary standardized processes, anticipate and identify risks, escalate issues as appropriate and drive performance-improvement solutions.

You will create, lead and motivate high performing teams and build a positive learning culture, coaching and counseling junior team members to help them develop. 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 strong analytical and problem solving skills, who is comfortable working across borders with a wide network of people, 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, law, taxation or any related essential fields.
- MBA, Masters, LLM or another related advanced degree and/or professional qualifications e.g. CA, CPA, ACCA, CTA, ADIT or equivalent qualification.
- A very strong knowledge and minimum 4 years of experience in Corporate Tax, ideally within a large professional services company or similar environment.
- A strong track record of managerial, organizational and project management experience.

**Ideally, you also have**
- Experience of dealing with multinational clients and ability to work in multi-cultural environment.
- In-depth commercial, legislative and industry knowledge.

**What we look for**

Highly motivated individuals with excellent problem-solving skills and the ability to prioritize shifting workloads in a rapidly changing industry. An effective communicator, you’ll be a confident team player that collaborates with people from various teams while looking to develop your career in a dynamic organization.

**What we offer**

We offer a competitive compensation package where you’ll be rewarded based on performance and recognized for the value you bring to our business. Plus, we offer:

- Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next.
- Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
- Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.
- Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.

If you can demonstrate that you meet the criteria above, please contact us as soon as possible.

The exceptional EY experience. It’s yours to build.