Head of Tax @Siemens Saudi Arabia - Riyadh Office

Siemens; Saudi Arabia; On-site; SAR 120,000 - 180,000; Full time

Job summary

An established industry player is seeking a dynamic Head of Tax to lead tax activities in Saudi Arabia. This pivotal role involves managing compliance, planning, and risk management while collaborating with various business units. The ideal candidate will possess strong leadership skills and a solid background in finance or accounting, ideally within a multinational corporation or a Big 4 firm. Join a forward-thinking organization that values diversity and innovation, offering you the chance to make a significant impact in a challenging and rewarding environment. Your expertise will help shape the future of tax strategy and compliance in a rapidly evolving industry.

Qualifications

• 5+ years of experience in finance/accounting with leadership roles.
• Strong proficiency in tax compliance, planning, and reporting.

Responsibilities

• Lead tax activities including compliance, planning, and reporting.
• Manage tax audits and ensure timely tax payments.

Skills

Tax Compliance

Tax Planning

Leadership

Analytical Skills

Communication Skills

Problem-Solving Skills

Interpersonal Skills

Project Management

Education

Chartered Accountant

CPA

CMA

ACCA

MBA (Finance and Accounting)

Tools

SAP

Job description

Job Title: Head of Tax @Siemens Saudi Arabia

Location: Riyadh, Saudi Arabia

Introduction:

At Siemens, we believe in the transformative power of a Digital Portfolio. Our Smart Infrastructure combines Digital Power Distribution and Digital Building Infrastructure technologies, enabling our customers to enjoy intuitive buildings that are comfortable, safe, secure, and energy-efficient.

We are currently seeking a dynamic and experienced Head of Tax to join our team in Riyadh. As the Head of Tax, you will lead all tax activities for Siemens entities in Saudi Arabia, including tax compliance, tax planning, tax risk management, and tax reporting. You will work closely with various business units, finance, and accounting teams, as well as external tax consultants and auditors.

Your Role – Challenging and Future-Oriented:

1. Implement local taxation guidelines, policies, and processes, and define local taxation optimization measures, with a focus on Corporate Income Tax and Value Added Tax.
2. Ensure compliance with tax law provisions and adherence to the company’s tax strategy and policies.
3. Support timely and tax-optimized preparation of financial statements in cooperation with the accounting function.
4. Review business decisions for taxation impact, including project consultancy.
5. Manage and coordinate tax audits, ensuring adequate documentation in cooperation with relevant business units and external advisors.
6. Ensure all monthly tax closing and annual tax compliance for Siemens entities, including the preparation of tax returns, examination of financial accounts, and review of tax calculations according to local laws and regulations within stipulated deadlines, ensuring timely tax payments.
7. Provide guidance to accounting and other business units on the required tax treatment of transactions.
8. Analyze local laws and regulations to ensure legal compliance. Liaise with tax authorities and negotiate with tax officials at a tactical level.
9. Collaborate with the regional tax team on various ongoing international projects.
10. Proactively identify weaknesses in current processes and propose solutions to ensure tax processes deliver the correct output.
11. Track legislative changes and inform different departments and business units about new developments in tax law and considerations.
12. Lead and mentor a team of tax professionals, reporting to the regional Tax Head and Country CFO.

Your Qualifications and Skills – Digital and Solid:

1. You hold a Chartered Accountant, CPA, CMA, ACCA, or MBA (specializing in Finance and Accounting) from a reputable institute.
2. You bring several years of experience in finance/accounting domain with leadership experience of 2-5 years.
3. Experience in a multinational corporation or a Big 4 accounting firm is preferred.
4. Excellent verbal, written, communication, and interpersonal skills, with English fluency.
5. Ability to handle multiple projects/entities simultaneously in a deadline-driven environment, both independently and within a team, with high accuracy.
6. Ability to influence and collaborate with senior management and other stakeholders.
7. Proficiency in tax compliance, planning, and reporting.
8. Strong analytical and problem-solving skills.
9. Solid SAP experience is an advantage.

What else do you need to know?

As a world leader in developing and producing the most advanced engineering technologies, we improve lives and further human achievements worldwide, while also protecting the climate - all thanks to our employees. Working with us, you have the foundation to develop personally and professionally. We give you the chance to do something significant, that benefits society and human progress. We give you the chance to create a difference.

Diversity at Siemens is our source of creativity and innovation. Having different types of talent and experiences makes us more ambitious and better prepared to respond successfully to the demands of the Society. Therefore, we value the candidates that reflect the Diversity that we enjoy in our Company.

At Siemens we are always challenging ourselves to build a better future. We need the most innovative and diverse Digital Minds to develop tomorrow’s reality. We are looking forward to receiving your online application.

Please note: Only complete applications can be considered in the selection process.