SECTION MANAGER TAX

About the Role

alfanar Group is seeking a Section Manager, Tax to join their team in Riyadh. This full-time role involves taking full responsibility for the overall management of Overseas Tax, including planning, developing, executing, and monitoring activities and related systems. The Section Manager will ensure delivery according to company quality standards and manage risks and opportunities to advance the department.

Key Responsibilities

• Oversee the accurate preparation and filing of tax returns for subsidiaries, monitoring deadlines and compliance requirements across various jurisdictions.
• Develop tax-efficient strategies and optimize the group’s tax position, 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.
• Manage tax risk and support internal and external audits, including responding to inquiries from tax authorities and implementing mitigation strategies.
• Manage tax compliance in different countries where subsidiaries operate, understanding treaty benefits and withholding tax obligations.
• Communicate complex tax matters effectively to non-tax professionals and collaborate with finance and legal teams to align on tax strategies.
• Identify and address potential errors or issues in tax filings, providing thorough analysis of tax-related data and implications.
• Leverage tax technology for reporting and compliance, staying updated on emerging tax technology trends.

Qualifications and Experience

• 6-10 years of relevant experience.
• Strong knowledge of domestic and international tax laws, including corporate tax, VAT, and withholding tax.
• Ability to interpret and apply tax laws to various business scenarios, ensuring compliance across different jurisdictions.
• Expertise in preparing and reviewing tax returns, managing tax filings, and ensuring timely tax payments and reporting.
• Understanding of transfer pricing regulations and cross-border tax issues, including double taxation treaties.
• Familiarity with tax compliance software, automation tools, and ERP systems.

Leadership and Management Skills

• Ability to recruit, recognize, and cultivate high performers to build a robust management pipeline.
• Capability to manage low performers through guidance or appropriate action.
• Commitment to treating subordinates equally and assessing performance based on results.
• Full responsibility for operations as per job description and deliverables, adhering to company guidelines.
• Proactive problem-solving and timely decision-making abilities.
• Ability to transform corporate goals into business plans, execute, and monitor their performance.
• Responsible for monitoring and controlling budgets and expenses for optimum cost efficiency.

Operational Excellence

• Ensure the availability of a delegation of authority matrix in line with company policy.
• Deliver required results in a timely manner with specified quality and cost.
• Develop the organizational structure according to current and future requirements.
• Develop and coordinate well-defined written systems, policies, and procedures, seeking automation opportunities.
• Proficiency in navigating IT solutions relevant to the job and business, promoting the use of automated systems.
• Adapt to new techniques, technologies, management structures, and business models.
• Ensure a safe, secure, and legal work environment as per standard regulations.

Required Skills

• Excellent communication skills for interacting with internal stakeholders and external advisors.
• Strong analytical abilities to review tax data, identify discrepancies, and ensure accurate reporting.