Section Manager Tax

About the Role

Alfanar is seeking a Section Manager Tax to join its team in Riyadh. This full-time position requires 5-10 years of experience and involves taking full responsibility for the overall management of Overseas Tax operations. The role focuses on planning, developing, executing, and monitoring tax activities and related systems, ensuring compliance with company quality standards, and managing risks and opportunities to advance the department.

Key Accountabilities

• Demonstrate knowledge of domestic and international tax laws, including corporate tax, VAT, withholding tax, and other related regulations, ensuring compliance across different jurisdictions.
• Prepare and review tax returns, manage tax filings, and ensure timely tax payments and reporting for subsidiaries, monitoring deadlines in various jurisdictions.
• Develop tax-efficient strategies and optimize the group’s tax position, including transfer pricing, tax credits, and incentives, in close collaboration with finance teams.
• Understand and ensure compliance with transfer pricing regulations, implementing and overseeing documentation and working with external advisors on intercompany pricing strategies.
• Manage tax risk and support internal and external audits, including responding to inquiries from tax authorities, identifying potential risks, and implementing mitigation strategies.
• Manage cross-border tax issues, double taxation treaties, and compliance in multi-jurisdictional environments, understanding treaty benefits and withholding tax obligations.
• Communicate complex tax matters effectively to internal stakeholders (finance, legal) and external advisors (tax consultants, auditors), aligning on tax strategies.
• Utilize strong analytical abilities to review tax data, identify discrepancies, ensure accurate reporting and compliance, and provide thorough analysis of tax-related implications.
• Leverage familiarity with tax compliance software, automation tools, and ERP systems for efficient tax reporting and filing, staying updated on emerging tax technology trends.

Managerial Responsibilities

• Recruit, recognize, and cultivate high performers to develop a robust second line of management, and guide low performers towards improvement or appropriate action.
• Ensure fair treatment of subordinates, with performance-based assessment criteria aligned with planned results.
• Take full responsibility for operations as per the job description and deliverables, anticipating problems and making proactive, timely decisions.
• Deliver required results with quality, on time, and within cost, aiming to exceed business expectations.
• Translate corporate goals into business plans, execute and monitor these plans, and initiate corrective actions as needed.
• Monitor and control budgets and expenses to achieve optimum cost efficiency, providing periodic work progress reports.
• Develop the organizational structure based on current and future requirements, ensuring job descriptions are available for all roles.
• Develop and coordinate written systems, policies, and procedures, seeking automation opportunities and promoting the full use of IT solutions relevant to the business.
• Maintain quality as a prime competitive advantage, adapting to new techniques, technologies, management structures, and business models.
• Ensure a safe, secure, and legal work environment in accordance with standard regulations.

Qualifications and Experience

• A minimum of 5 to 10 years of relevant professional experience.
• Demonstrated expertise in tax law, compliance, planning, and risk management.
• Proficiency in leveraging tax technology and automation tools.

Work Environment

This is a full-time position based in Riyadh, Saudi Arabia, within Alfanar. The role requires a proactive approach to managing complex tax operations in a dynamic environment.