Senior Accounting Manager [Direct Tax] | Riyadh, KSA

The Company:

Almarai is the world’s largest vertically integrated dairy and the region’s largest food and beverage manufacturing and distribution company. Headquartered in the Kingdom of Saudi Arabia, Almarai Company is ranked as the #1 FMCG Brand in the MENA region and is a market leader in all its categories across the GCC. “Almarai currently employs over 46,000 employees servicing some 110,000 retail outlets and has reported net income of SAR 2.04 Billion on sales of SAR 19.57 Billion in 2023.”

An aggressive expansion program together with acquisitions in new vertical markets have created an exciting opportunity to join a dynamic multinational team dedicated to furthering growth plans for the group.

About the Role:

Manage an accounting team tasked with delivering high quality financial and management information to help aid senior management / external customers make key decisions regarding performance management and resource allocation.

Requirement:

Potential candidate must meet the requirements mentioned below:

Roles and responsibilities:

• To understand and comprehend Zakat, Tax & Transfer pricing regulations & guidelines.
• Preparing / reviewing zakat & tax returns for the Group & Subsidiaries based in GCC.
• Reviewing and analyzing tax computations and workings for Current and Deferred tax for international operations (non-GCC subsidiaries based in Egypt, Jordan, Argentina & USA)
• To prepare and review zakat & tax provisions and deferred tax calculations & tax related disclosures in financial statements.
• To ensure proper zakat and tax provisions are maintained all over the Group.
• Develop a group tax policy framework for central monitoring and oversight
• Assist in preparing forecast numbers of zakat and tax charges on ongoing basis.
• Maintaining a Group tax database and tax provisions schedules, returns, payments, and reports, etc.
• Advising the business on tax law changes, filing requirements, and planning opportunities
• Liaise with tax advisors and tax authorities on frequent basis.

Required qualifications & experience:

• Degree in accounting & finance. (Professional qualification or any special qualification in taxation will be given preference)
• Proven experience as a tax manager, tax analyst or consultant.
• Strong knowledge of tax & transfer pricings laws and regulations, recent developments, etc.
• Good accounting & financial statements knowledge to better understand the tax impacts especially deferred taxation and FS disclosures.
• Strong communication skills in updating all business stakeholders with the latest changes, recent developments, liaising with tax advisors and authorities.

We offer a competitive package, generous leave, medical coverage, discretionary bonus, training, and development etc.

This is a great opportunity to join a successful and expanding global business, offering an excellent remuneration and benefits package.

Almarai welcomes applicants with disabilities. We value diversity and strive to create an inclusive workplace environment.