SECTION MANAGER TAX

About the Role

alfanar is seeking a Section Manager, Tax to join their team in Riyadh. This full-time role is responsible for the overall management of overseas tax operations, ensuring compliance and optimizing tax positions across various jurisdictions. The ideal candidate will have 5-10 years of relevant experience.

Key Responsibilities

• Plan, develop, execute, and monitor overseas tax activities and related systems, ensuring efficient cost management and adherence to company quality standards.
• Manage risks and identify opportunities to advance the department's objectives.
• Oversee the accurate preparation and filing of tax returns for subsidiaries, monitoring deadlines and compliance requirements in various jurisdictions.
• Develop and implement tax-efficient strategies, including transfer pricing, tax credits, and incentives, in collaboration with finance teams.
• Implement and oversee transfer pricing documentation and compliance, working with external advisors on intercompany pricing strategies.
• Identify potential tax risks and implement mitigation strategies, supporting audit processes and ensuring readiness for tax inspections.
• Manage tax compliance in different countries where subsidiaries operate, understanding treaty benefits and withholding tax obligations.
• Communicate complex tax matters effectively to internal stakeholders and external advisors, collaborating with finance and legal teams on tax strategies.
• Review tax data, identify discrepancies, and ensure accurate reporting and compliance, providing thorough analysis of tax-related data.
• Leverage tax technology for reporting and compliance, staying updated on emerging tax technology trends.

Leadership and Operational Accountabilities

• Recruit, recognize, and cultivate high performers to build a robust second line of management, and guide low performers for improvement or release.
• Take full responsibility for operations, anticipate problems, and make timely decisions.
• Deliver required results in a timely manner, meeting quality and cost standards.
• Transform corporate goals into business plans, monitor performance, and initiate corrective actions.
• Develop the organizational structure according to current and future requirements, ensuring job descriptions are available for all roles.
• Develop and coordinate well-defined written systems, policies, and procedures, seeking automation opportunities.
• Ensure a safe, secure, and legal work environment in accordance with standard regulations.

Required Qualifications and Skills

• Knowledge of domestic and international tax laws, including corporate tax, VAT, and withholding tax.
• Expertise in preparing and reviewing tax returns, managing tax filings, and ensuring timely tax payments and reporting.
• Understanding of transfer pricing regulations and compliance with local and international standards.
• Ability to manage tax risk and support internal and external audits.
• Understanding of cross-border tax issues, double taxation treaties, and multi-jurisdictional compliance.
• Excellent communication skills for interacting with internal and external stakeholders.
• Strong analytical abilities to review tax data and ensure accurate reporting.
• Familiarity with tax compliance software, automation tools, and ERP systems.

Experience

Candidates should possess 6-10 years of relevant experience in tax management.