Associate Financial Analyst

Saudi Aramco Base Oil Company-Luberef; Jeddah, Makkah Al Mukarramah; On-site; SAR 80,000 - 120,000; Full time

Job summary

A leading company in the oil sector is seeking a Tax Specialist to manage Zakat, Tax, and VAT compliance effectively. This role involves calculating liabilities, developing policies, and ensuring compliance with applicable laws. Candidates should have a degree in accounting and relevant experience in tax management.

Qualifications

• Minimum 2 years of experience specifically in Zakat, Tax, and VAT compliance.
• Proficiency in accounting software like Excel and Power Point.
• Strong analytical skills.

Responsibilities

• Calculate Zakat liabilities based on financial data.
• Develop and implement Zakat policies and procedures.
• Prepare VAT returns in compliance with relevant laws.

Skills

Analytical skills

Education

Bachelor's degree in accounting

Tools

Microsoft Excel

Microsoft Power Point

Job description

Job Description

Responsible for calculating and managing Zakat, Tax and VAT obligations in accordance with applicable laws and regulations.

Key Accountabilities & Responsibilities

• Calculate Zakat liabilities based on financial data.
• Develop and implement Zakat policies and procedures.
• Prepare Zakat calculations monthly and quarterly for external auditors.
• Prepare and file VAT returns in compliance with relevant laws and regulations.
• Analyze transactions to determine VAT implications.
• Support in VAT audits and resolve queries from tax authorities.
• Provide training and support to staff on VAT-related issues.
• Maintain good knowledge about E-Invoicing and VAT implementation
• Develop and implement VAT & Withholding Tax compliance strategies and process.
• Calculate Withholding Tax liabilities in compliance with relevant laws and regulations.
• Respond to queries from ZATCA regarding Zakat, VAT assessments and compliance.
• Review and analyse tax assessments issued by ZATCA.

Qualifications & Experience

• Bachelor’s degree in accounting.
• Minimum 2 years of experience specifically in Zakat, Tax and VAT compliance and management.
• Proficiency in accounting software (e.g. Microsoft Excel, Power Point),
• Strong analytical skills