Statutory & Tax, Reporting and General Ledger - Supervising Associate

Ernst & Young Advisory Services Sdn Bhd; Riyad Al Khabra; On-site; SAR 120,000 - 180,000; Full time

Job summary

An established industry player is seeking a Supervising Associate to focus on statutory and tax reporting and general ledger support. In this role, you will collaborate with finance teams to manage accounting processes, ensure compliance with KSA tax laws, and assist in the preparation of financial statements and audits. This position offers a competitive remuneration package and opportunities for continuous learning and professional growth. Join a diverse and inclusive culture where your contributions will be valued, and you can make a meaningful impact in the finance sector.

Benefits

Competitive Remuneration Package

Career Development Support

Access to Online Learning Library

MBA Program Enrollment

Transformative Leadership Coaching

Diverse and Inclusive Culture

Qualifications

• Mandatory relevant accounting certification required.
• Strong knowledge of KSA tax laws and compliance needed.
• Experience in tax planning and reporting for KSA businesses.

Responsibilities

• Oversee local and outsourced accounting operations, ensuring accuracy.
• Assist in preparation of statutory financial statements and audits.
• Collaborate with teams to meet reporting deadlines with integrity.

Skills

Accounting Certification (CA, CPA, CMA, ACCA)

KSA Tax Laws Knowledge

Tax Planning and Compliance

SAP Software Proficiency

MS Office (Excel & Power BI)

Analytical Skills

Communication Skills

Leadership Skills

Attention to Detail

Ability to Work Independently

Education

Relevant Accounting Certification

Tools

SAP

MS Office

Job description

Statutory & Tax, Reporting and General Ledger - Supervising Associate

Location: Riyadh

Other locations: Primary Location Only

Date: 26 Feb 2025

Requisition ID: 1586915

Purpose of Role: The role mainly focuses on the Statutory & Tax Requirements, reporting and General Ledger support.

Reports to: Assistant Director / Associate Director

Grade: Supervising Associate

Responsibilities:

• Support senior finance team members to manage and oversee operations of local and outsourced accounting processes which includes month-end and year-end process, AP/AR, general ledger and balance reconciliations, capital assets reconciliations.
• Reviewing & assisting in establishing and enforcing proper accounting standards, policies and principles which should include regular review, analysis and reconciliation of general ledger; continuous systems review, provide recommendations, improve systems and procedures, and initiate corrective actions.
• Assist in creation and maintenance of compliance calendar ensuring timely submission of external financial reporting deliverables.
• Assist in analysis of statutory reports and commentaries.
• Work collaboratively with regional and offshore shared services team to achieve reporting deadlines with accuracy and integrity.
• Support seniors with liaising with internal and external auditors with respect to financial audits/LC audits and coordinating with other parts of Finance and Business to provide audit requirements.
• Actively participate on month-end close to identify and post statutory ledger adjustments.
• Assist in preparation of statutory financial statements and related audit schedules.
• Assist in preparation of information requested by regulatory authorities.
• Assist in preparation of statements and carry out reporting as per requirement in each country.
• Assist in preparation and review and submission of monthly returns, including VAT, WHT and other relevant returns.
• Regular review of Tax GL accounts and transactions and maintain accurate reconciliation for all tax GL Accounts.
• Help facilitate and manage the preparation and review of company tax returns and the accurate, timely filing of all tax forms.
• Ensure accurate, timely filing of income tax returns and other business-related filings.
• Manage and facilitate income tax audits, preparing responses, creating schedules, etc.
• Monitor legislative and regulatory tax law developments, communicate the effects of these developments to management and the team and create strategies to capitalize on changes to taxation legislation.
• Provide support with various internal audits and special tax related projects.
• Provide support in reviewing tax returns and quarterly/yearly tax projections.
• Provide or arrange to provide advice from an Accounting, Statutory, Tax reporting perspective that may be required by engagement teams or other functions in carrying out their respective tasks.
• Supporting in Adhoc requests from the Finance team and service line Leadership team.
• Having comprehensive knowledge of Double Tax Treaties.
• Having knowledge and work experience on head office accounting.
• Having knowledge of IFRS Standards and applications.

Qualifications and Skills:

• Relevant accounting certification (e.g., CA, CPA, CMA, ACCA) is a mandatory.
• Knowledge of KSA tax laws, regulations, and compliance requirements.
• Experience in tax planning, compliance, and reporting for businesses operating within the KSA.
• Proficiency in relevant accounting software, preferably SAP.
• Having strong knowledge of MS Office Packages. Excel & Power BI.
• Strong analytical skills with the ability to interpret complex tax laws and regulations.
• Excellent attention to detail and organizational skills.
• Strong communication skills, both written and verbal.
• Self-motivated, having leadership skills.
• Ability to work independently, manage multiple tasks, and meet deadlines.
• Prior experience in liaising with tax authorities and handling tax audits is a plus.

What we offer:

A competitive remuneration package where you will be rewarded for your individual and team performance. Our comprehensive Total Rewards package includes support for career development and benefits.

We also offer:

• Continuous learning: Vast online library of free courses, with the option to enroll on our MBA programs also with no financial cost to you.
• 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.