Finance Consultant - KSA National - Immediate📣 Job Ad

About the Role

Salt Company announces its need to fill the position of Finance Consultant on an immediate contract basis, targeting Saudi citizens. The incumbent works for the company's client, a leading global company operating in the Kingdom of Saudi Arabia, focusing on providing specialized expertise in Value Added Tax (VAT) to ensure compliance and optimize financial processes related to indirect taxes.

Job Responsibilities

• Interpreting and understanding accounting and tax compliance requirements, with a particular focus on VAT and withholding taxes.
• Developing and writing Business Requirements Documents (BRDs) to clarify financial and tax needs.
• Mapping and documenting current and proposed workflows related to finance and taxes.
• Coordinating with cross-functional teams to gather information and implement solutions.
• Ensuring adherence to accounting rules and workflows within the organization.
• Providing specialized guidance on input and output VAT regulations.
• Advising on withholding tax rules and their implications.
• Leveraging practical experience with VAT systems in GCC countries.
• Utilizing knowledge of accounting systems such as Oracle Financials.
• Understanding and working with various transaction systems including loan systems, trade finance, and treasury.

Required Qualifications and Experience

• Extensive experience in the banking sector.
• Good understanding of accounting rules and workflows.
• Good understanding of VAT (input and output) and withholding tax rules.
• Proven ability to interpret and understand accounting and tax compliance requirements.
• Strong skills in writing Business Requirements Documents (BRDs) and process mapping.
• High analytical skills and attention to detail.
• Excellent communication skills.
• Proven experience working with cross-functional teams.
• University degree in Accounting, Finance, or Information Systems.
• Minimum of 8 years of experience in banking, accounting, finance, indirect tax, or Enterprise Resource Planning (ERP) systems.
• Practical experience with VAT systems in GCC countries.
• Knowledge of accounting systems (*, Oracle Financials) and transaction systems (*, loan systems, trade finance, treasury).

Core Skills

• Value Added Tax (VAT)
• Accounting rules and workflows
• Withholding tax rules
• Accounting and tax compliance requirements
• Business Requirements Document (BRD) writing
• Process mapping
• Analytical skills
• Attention to detail
• Communication skills
• Collaboration with cross-functional teams
• Banking sector experience
• Knowledge of indirect taxes
• Enterprise Resource Planning (ERP) systems
• GCC VAT systems
• Accounting systems (*, Oracle Financials)
• Transaction systems (*, loans, trade finance, treasury systems)

Additional Information

Professional certifications such as CA, CPA, ACCA, or CIMA are an added advantage. The work location is Jeddah, Makkah Al-Mukarramah, Kingdom of Saudi Arabia, and the employment type is contract.