Financial Control Specialist📣 Job Ad

About the Role

stc is seeking a Financial Control Specialist to support financial control, accounting, and tax-related activities. This full-time role ensures accurate financial records, adherence to budgets, and compliance with accounting policies and regulatory requirements. The specialist will monitor expenditures, support audit processes, and manage tax administration while maintaining precise documentation and coordinating with stakeholders.

Key Responsibilities

• Review purchase orders and supporting documentation to ensure alignment with approved budget allocations and financial control requirements.
• Support bookkeeping activities by reviewing and verifying financial entries and maintaining accurate supporting documentation within relevant systems.
• Monitor actual expenditures against approved budgets, identify variances, and assist in preparing related financial reports.
• Apply appropriate accounting treatments for expenditures in accordance with stc accounting policies and applicable accounting standards.
• Support the implementation and monitoring of internal financial controls to identify potential financial discrepancies, control gaps, and non-compliance.
• Assist in gathering financial data, records, and supporting documentation required for internal and external audit activities.
• Support tax compliance activities, including preparation of tax provisions, returns, withholding tax documentation, and other required submissions.
• Assist in reviewing tax records and assessments, identifying discrepancies, and supporting the implementation of required corrective actions.
• Process tax-related administrative activities, including deductions, retentions, confirmation letters, and tax certificates for contractors and subcontractors.
• Coordinate with Group Finance – Zakat & Tax and relevant internal stakeholders to support Zakat and tax requirements, certificates, and regulatory submissions.
• Maintain accurate financial control and tax records and support responses to auditor and tax authority inquiries as required.

Experience and Qualifications

Candidates for this role should possess 0-1 year of relevant experience. The position requires adherence to stipulated specialized policies and procedures.

Work Type

This is a full-time position.