Zakat Assistant Manager

stc; Riyadh; On-site; SAR 120,000 - 150,000; Full time

Job summary

A leading telecommunications company in Riyadh seeks a Tax Manager responsible for preparing Zakat returns and ensuring compliance with tax regulations. Candidates should have over 5 years of experience, preferably within the KSA region. This role involves managing communications with tax authorities and preparing provisions for Zakat. A Bachelor Degree in Accounting or Finance is required, with certifications like SOCPA or ACCA preferred.

Qualifications

• 5+ years of experience in tax preparation, especially in Zakat.
• Prior experience in group financial consolidation and adherence to tax regulations.
• Experience within the KSA or Middle East region.

Responsibilities

• Prepare annual Zakat returns and review subsidiary submissions.
• Ensure timely payment of due Zakat and obtain Zakat certificates.
• Analyze financial impact related to Zakat and communicate with tax authorities.

Skills

Financial analysis

Tax compliance

Effective communication

Education

Bachelor Degree in Accounting or Finance

Job description

Job Purpose

The role holder is responsible for preparing Zakat returns, provisions, and related filings for stc and its subsidiaries, ensuring compliance with regulatory requirements and timely payment. The role includes managing communications with tax authorities, handling assessments and objections, and securing Zakat certificates. The role holder shall carry out his duties in accordance with the stipulated business policies and procedure.

Job Responsibility

• Prepare annual Zakat returns of the stc and review the subsidiaries informative Zakat return.
• Assist in ensuring payment of due Zakat on the company within the legally prescribed period.
• Obtain Zakat certificate for the stc and its subsidiaries.
• Prepare monthly and annual provisions for Zakat.
  
  

Job Responsibility (cont.)

• Periodically analyze the trial balance and report on financial impact related to zakat.
• Prepare responses to Zakat queries, and ensure good communication with tax authority to resolve any matters.
• Review Zakat assessment issued by tax authority, prepare internal analysis and argument, and file objection.
• Prepare and file appeal letter with GSTC committees (CRTVD, ACTVDR).
  
  

Years Of Experience

5 and Above

Nature Of Experience

• Prior experience in group financial consolidation including ensuring adherence to Tax and Zakat regulations and standards in a large-scale service oriented industry preferred.
• Prior experience within the KSA region and/or the Middle East region including knowledge of regulatory environment and context is preferred.
  
  

Job Band

Sr. Professional

Skills

Education

Bachelor Degree in Accounting or Finance

Additional Education

Certifications

Professional certifications such as SOCPA or ACCA preferred