Financial Control & Reporting Expert at Zakat, Tax and Customs Authority

Riyadh, Riyadh Region, Saudi Arabia -

Full Time

Start Date

Immediate

Expiry Date

19 Sep, 26

Salary

0.0

Posted On

21 Jun, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Control, Financial Reporting, Governance, Financial Auditing, Budget Tracking, Revenue Analysis, Financial Planning, Tax Forecasting, Zakat Revenue Forecasting, Risk Assessment, Treasury Operations, Fund Management, Accounting Standards, KPI Reporting, People Management, Chart of Accounts

Industry

Government Administration

Description

Purpose of Job Jobholders at this level are responsible for leading work activities and working autonomously with minor direction towards predetermined long-term objectives. Jobholders might act as internal consultants and facilitators through providing guidance to deliver and perform operational activities. Their main operational role includes developing ZATCA financial control and reporting framework, guidelines, and governance, reviewing finance policies and processes, and developing contingency plans for unexpected drops in funds. Job Responsibilities Financial Control • Design, implement, monitor, and assess ZATCA financial control and reporting framework, guidelines, governance and methodology to ensure consistent and unified implementation • Review ZATCA financial processes and policies and monitor implementation by other Finance functions to secure operational efficiency • Conduct periodic financial audits on accounts, accounting statements, financial reports and budget to identify and analyze discrepancies • Develop contingency plan to handle unexpected drop in funding • Provide inputs and recommendations to improve account’s structure and to facilitate the reporting mechanism • Update chart of accounts based on developed financial policies and decisions Financial Reporting • Prepare monthly, quarterly, and annual accounting statements and weekly and ad-hoc reports as per approved guidelines and templates • Prepare periodic financial reports including KPIs, budget tracking, revenue collections and other ad-hoc • Conduct revenues analysis impact meetings with internal and external parties and provide input and recommendations • Collect and consolidate all payables, receivables, cash flow, investments, etc. in preparation for the development of yearly financial plan • Develop yearly financial plan covering all payables, receivables, cash flow, investments, etc. • Conduct financial analysis impact, study revenue collection failure and propose solutions • Record accurately all collection, deposit and revenue; study failures, and recommend corrective plans if / when needed • Develop tax, customs and zakat revenue forecast and refunds forecast and communicate with related stakeholders • Provide stakeholders with timely, detailed and meaningful insights and visibility on business performance to support in planning and decision-making Organization and Operations • Follow all relevant policies, processes and standard operating procedures so that work is carried out in a controlled and consistent manner • Help in solving escalated problems and provide needed support for junior team to ensure work is carried out in an efficient manner • Escalate complex problems to the relevant person to ensure cases/issues are closed properly • Perform other duties as requested People Management • Train junior staff on the different job activities to ensure transfer of know-how, when applicable • Provide clear direction, prioritize tasks, assign and delegate responsibility, and monitor the workflow of subordinates/ junior staff • Support junior staff or direct reports in order to execute their duties according to set policies and processes Job Details Communication and Contacs Education • Bachelor’s degree in Finance or equivalent is required • Master’s degree in Finance or equivalent is preferred Experience A minimum of 5 years of relevant experience Competencies Collaboration and Communication - DevelopingProfessionalism - ProficientFinancial Reporting and Control - AdvancedAccounting Standards and Practices - AdvancedResults Oriented - ProficientFinancial Planning and Analysis - AdvancedCustomer Focus - ProficientRisk Assessment and Management - ProficientTreasury Operations and Fund Management - ProficientEnablement of Change and Innovation - Developing

Responsibilities

Lead the development and implementation of the ZATCA financial control and reporting framework, guidelines, and governance. Responsible for preparing periodic financial statements, conducting revenue analysis, and developing yearly financial plans and contingency funding strategies.