Key Accountabilities:

Recommend improvements to departmental systems, processes, and practices in alignment with international standards and business needs.
Contribute to the implementation of departmental strategy in line with the division s goals and the company s vision, mission, and objectives.
Ensure compliance with all relevant procedural and legislative requirements while delivering consistent, high-quality, and cost-effective services.
Run and review monthly depreciation for fixed assets.
Review asset details recorded under AUC post-goods receipt (non-projects), prepare and update fixed asset master data.
Ensure correct capitalization of subsequent qualified expenditures.
Manage CWIP capitalization by transferring costs from CWIP to Fixed Assets upon project handover.
Handle asset transfers, including componentization based on useful lives.
Own and maintain the fixed asset registry post-handover.
Ensure asset tagging is performed before recording in the FA register.
Clear all clearing account balances monthly.
Verify monthly capitalization entries posted by the General Ledger team.
Conduct regular physical inventory of company assets as per policy and generate detailed inventory reports.
Coordinate with the Project Cost Controller to reconcile fixed asset costs between GL and cost systems.
Monitor project costs, costs to complete, and capital commitments.
Review and classify expenditures correctly (CAPEX vs. OPEX).
Review financial statement notes related to:

Fixed assets
Investment properties
Development properties
CAPEX contingencies
Capitalization of borrowing costs

Generate reports from Oracle Financials, Hyperion, and Oracle Discoverer.
Coordinate with internal and external auditors during annual and quarterly audits, ensuring timely completion.
Provide information and assistance required for internal transaction audits.
Lead the Tax and Zakat section in all monthly and ad-hoc tasks.
Finalize pending assessments for Zakat and historical cases to avoid penalties.
Review annual Zakat returns, provisions, and supporting schedules for the holding and subsidiaries.
Review and file monthly VAT returns.
Coordinate tax compliance and reporting activities with subsidiaries.
Reconcile VAT returns against trial balances and VAT reverse charge against WHT returns.
Prepare responses to queries and audits from ZATCA (formerly GAZT) related to VAT, Zakat, WHT, and RETT.
Review tax positions and communicate potential exposures to management.
Maintain all tax compliance records and documentation (VAT, Zakat, WHT, RETT).
Review supplier contracts and invoices from a tax perspective.
Monitor system-generated correspondence from ZATCA.
Prepare financial statement notes related to tax, Zakat, contingencies, and commitments.
Guide and supervise subordinates to ensure their effective contribution to the finance function.
Ensure equitable workload distribution among team members.
Support Accounting Department s KPIs and continuous improvement initiatives.

Bachelor s degree in Accounting or Finance
Professional certification is preferred