We are seeking a Tax Accountant to join the Global Tax Compliance & Reporting organization.
The Tax Accountant will work on Saudi Aramco global tax accounting and compliance activities. For this purpose, responsibility for income tax accounting and compliance also includes responsibility for Zakat. Your responsibilities include the accuracy of income tax accounting, consolidation, notes, and other disclosure for the consolidated financial statements of Saudi Aramco Organization (SAO) pursuant to International Accounting Standards, and providing global governance and quality control over tax compliance matters for the worldwide enterprise, including Zakat, income tax, and indirect taxes. The Tax Accountant is also responsible for providing certain compliance and reporting services to subsidiaries and joint ventures in the Kingdom of Saudi Arabia (KSA).
In addition, you will have oversight and responsibility for the implementation of any new taxes, such as value added tax (VAT), as well as other changes to the tax laws. You will provides a wide range of business advisory services as they relate to tax compliance and income tax accounting.
You will be responsible for providing tax compliance and tax accounting services to Saudi Arabian subsidiaries and joint ventures, as well as ad hoc services as required, and VAT implementation and compliance. The tax accountant may have visibility to senior management within SAO.
You will also have the responsibility for offering a wide range of business support to improve corporate decision making, given that tax is a significant expense of the enterprise, and the Company’s tax expense and effective tax rate are critical metrics. The tax accountant interacts with all of SAO’s subsidiaries and joint ventures from the date of formation onward and serves as the single point of contact for tax compliance and income tax accounting matters throughout the global organization.
You will interact internally will all level of management, including the Senior Vice President of Finance, Strategy & Development and the Controller, to develop plans and make recommendations. Externally, you may interact with external auditors to address questions or clarify matters related to annual tax filings and disclosures.
As the successful candidate, you will be Certified Public Accountant, Chartered Accountant or hold an equivalent qualification.
Have at least 10 years of experience in complex, multinational tax matters and deep experience with tax accounting; understanding of Saudi Arabia Zakat Laws is preferable.
Preferably major global energy company experience and demonstrated ability to drive global consistency.
Deep financial management skills and overall business acumen.
Strong understanding of financial accounting principles, preferably under IFRS, although equivalent experience with other generally accepted accounting principles will be considered.
An analytical mindset, process orientation, and an organized and structured approach to problem-solving and ability to work under pressure.
Excellent interpersonal skills and interest in building an effective internal network.
Excellent command of oral and written English; fluency in the Arabic language is preferable.
Duties and Responsibilities
You will be required to perform the following:
Perform leadership and managerial functions common to a tax accountant.
Provide framework guidelines for implementing organizational responsibility for the administration of all tax compliance and tax accounting matters globally and for ad hoc projects.
Assist in the accounting for income tax activities for Saudi Aramco globally, including overall process, consolidation, notes, and other disclosure, ensuring the involvement of all relevant stakeholders where required. This includes approving tax accounts and tax disclosures in the consolidated financial statements.
Represent the Controller and the Senior Vice President of Finance, Strategy & Development in tax-related matters.
Oversee income tax compliance globally, including exercising key quality controls, and be the global process owner for income tax accounting and tax compliance, which includes direct taxes, indirect taxes, and Zakat.
Define, document, and implement operating procedures globally and maintain effective controls over tax accounting and tax compliance.
Make decisions on complex and technical tax matters, including accounting judgments with respect to uncertain tax positions and the realization of deferred tax assets, while ensuring auditable documentation is maintained.
Perform the role of a subject matter expert on accounting for income taxes and reporting disclosures related to income taxes.
Identify tax issues with respect to tax compliance and income tax accounting, provide advice, and identify solutions that are communicated to relevant stakeholders for execution.
Liaise throughout the financial, accounting, and reporting teams and build collaborative relationships with joint venture and subsidiary Controller/Finance organizations.
Establish and maintain excellent relationships with subsidiary and joint venture finance and tax staff, as well as service providers, and interact regularly with the Tax Counsel.
Ensure the accuracy of the tax figures and estimates included within planning, financial reporting, mergers and acquisitions analysis, and financial models for transactions and business investments.