Zakat & Tax

Role Purpose

Zakat and Tax Management

• Submit ZATCA reports according to regulations and in alignment with external advisors.
• Validate tax data, reconcile VAT general ledger accounts, and compare input and output tax with tax returns.
• Identify tax compliance issues or red flags and provide practical recommendations and solutions.
• Prepare responses to ZATCA assessment and inspection queries.
• Analyze ZATCA assessments and complete appeals documentation with Zakat and tax advisors.
• Review Zakat, tax, and deferred tax calculations and disclose them in financial statements.
• Provide annual operating plan and forecast figures for Zakat and tax charges.
• Maintain double taxation treaty records and ensure tax recovery from DZIT or suppliers.
• Advise management on Zakat and tax inquiries.

Capex and Fixed Assets

• Develop and implement capital expenditure and fixed asset policies, procedures, and projects in process.
• Maintain fixed asset registers with appropriate classification and accounting for company assets.
• Reconcile monthly depreciation and fixed asset addition journals with general ledgers.
• Coordinate responses to external auditor queries about fixed asset accounting, valuation, and depreciation.
• Manage physical fixed asset inspections with relevant departments to identify retention or disposal accounting.
• Review company projects with the budget team to ensure qualifying costs are capitalized in the fixed asset register.

Reporting

• Perform quality checks on financial statements during reporting periods.
• Assist in implementing proper controls and procedures in the Finance Operations function.

Skills

• Knowledge of Zakat, tax, VAT, withholding tax, and transfer pricing.
• Competence in written and spoken Arabic and English.

Education

• Bachelor's degree in Accounting, Finance, or a related field.

Workplace

• Workplace is onsite based on the source metadata.