Risk Management Consultant

Confidential Careers; Doha; On-site; QAR 350,000 - 650,000; Full time

Job summary

Confidential Careers is seeking a TAX Risk Management Consultant to lead the development and implementation of a comprehensive risk framework for the TAX Authority in the GCC region.

You will oversee risk assessment, internal controls, compliance monitoring, and reporting to senior management, with a focus on tax laws across GCC. The role requires 15+ years in risk management, fluent English, and strong analytical and communication skills.

Qualifications

• Bachelor’s degree in accounting, finance, law, or related field.
• Master’s degree or professional certification in risk management is preferred.
• 15+ years proven experience in a risk management role within a tax or related organization.
• In-depth knowledge of tax laws, regulations, and GCC business practices.
• Strong analytical, problem-solving, and decision-making skills.
• Fluency in English; Arabic language is advantageous.

Responsibilities

• Risk assessment across all tax entity functions with documentation of risks.
• Develop and maintain a GCC-focused risk management framework and appetite.
• Define roles, accountability and deliver risk awareness training.
• Design and implement internal controls to mitigate identified risks and ensure tax compliance.
• Monitor compliance and prepare reports for senior management and stakeholders.

Job description

TAX Risk Management Consultant

Job Summary:

The Risk Management Function plays a critical role in safeguarding the integrity and efficiency of the system. This position is responsible for leading the development and implementation of a comprehensive risk management framework in TAX Authority, with a specific focus on the unique challenges and opportunities present in GCC region. The ideal candidate possesses in-depth knowledge of regional TAX laws, regulations, and business practices, coupled with a strong understanding of risk assessment methodologies and control strategies, who will look after organizational risk, financial risk, operational risk, reputational, cyber risk etc.

Key Responsibilities:

Risk Assessment and Analysis:

• Conduct comprehensive risk assessments to identify, analyze, and prioritize potential risks across all the tax entity functions
• Develop and maintain a risk register, documenting identified risks, their potential impact, likelihood of occurrence, and mitigation strategies.
• Utilize data analytics and other tools to monitor and evaluate the effectiveness of risk mitigation efforts.

Risk Management Framework Development:

• Develop and implement a risk management framework tailored to the specific needs and characteristics of the GCC region.
• Establish clear risk appetite and tolerance levels in alignment with the entity 's strategic objectives and regulatory requirements.
• Define roles and responsibilities for risk management across the entity, ensuring accountability and ownership at all levels.
• Develop and deliver training programs to enhance risk awareness and understanding among the entity employees.

Control Design and Implementation:

• Design and implement effective internal controls to mitigate identified risks and ensure compliance with tax laws and regulations.
• Collaborate with relevant stakeholders to integrate risk management considerations into business processes and decision-making.
• Experience with integration with external entities that feed into the risk model
• Regularly review and update control procedures to adapt to evolving risks and regulatory changes.

Compliance Monitoring and Reporting:

• Monitor compliance with tax laws and regulations, identifying and addressing any instances of non-compliance.
• Develop and implement a comprehensive reporting system to provide timely and accurate information on risk exposure and mitigation activities.
• Prepare regular reports for senior management and other stakeholders, highlighting key risk areas and recommending appropriate actions.

Qualifications and Experience:

• Bachelor’s degree in accounting, Finance, Law, or a related field.
• Master's degree or professional certification in risk management is preferred.
• Experience with statistics or econometrics models.
• 15+ years proven experience in a risk management role within a tax or related organization.
• in-depth knowledge of tax laws, regulations, and business practices in the GCC region.
• Strong understanding of risk assessment methodologies and control strategies.
• Excellent analytical, problem-solving, and decision-making skills.
• Effective communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Fluency in English language, Arabic Language is advantageous.