JOB DESCRIPTION / ROLE
As a Senior Tax specializing in indirect tax, candidate will be based in KSA while playing a critical role in managing the overseas group's indirect tax compliance, planning, and strategy. Candidate will be responsible for ensuring compliance with indirect tax laws and regulations, identifying tax planning opportunities, and providing valuable insights to optimize the group's tax position. Additionally, his/her experience in direct taxation will contribute to a holistic understanding of group tax obligations and opportunities for efficiencies.
Key responsibilities and accountabilities
- Indirect tax compliance: Responsible for the preparation, review and filing of KSA & UAE VAT returns and other related filings to ensure accuracy and timely submission.
- Tax Planning & Strategy: Develop and implement strategies to minimize VAT liabilities while ensuring full compliance with applicable laws and regulations.
- Risk Management: Assess potential VAT risks and develop mitigation strategies to safeguard group financial interests.
- Audit Support: Serve as primary contact for local tax authorities (i.e., ZATCA & FTA) for VAT audits, working closely with internal stakeholders and external advisors to manage the audits process and resolve any issues efficiently.
- Cross-function Collaboration: Collaborate with various departments and business units, including finance, legal, procurement, and operations to provide tax guidance on business initiatives, transactions and projects.
- Training & Education: Stay abreast of any regional changes in VAT laws and regulations and provide training and guidance to internal teams and stakeholders to ensure awareness and full compliance.
- Direct Tax Support: Provide support and assistance in other tax related matters, including Corporate Income Tax, Withholding Tax, Capital Gain Tax, Transfer Pricing, and other related areas, leveraging his expertise to contribute to overall tax strategy.
Requirements:
Requirements- Bachelor' degree in accounting, Finance, Taxation or related filed; advanced degree or professional certification (e.g., ACCA, CPA, CMA, CFM, ADIT) preferred.
- Minimum 5 years of relevant experience in indirect taxation including compliance, planning, with a strong understanding of VAT and other related tax concepts.
- Solid understanding of direct taxation principles and a decent level of experience in direct tax compliance and planning.
- Strong analytical skills with the ability to interpret and analyse complex tax regulations and apply them to business operations efficiently.
- Excellent communication and interpersonal skills, with the ability to collaborate effectively across departments and influence key stakeholders.
- Detail-oriented with commitment to accuracy and integrity in all tax-related activities.
- Experience in a multinational or complex corporate environment preferred.
- KSA tax experience is a must.
Unfortunately, due to the high number of responses we receive we are unable to provide feedback to all applicants. If you have not been contacted within 5-7 days, please assume that at this stage your application has been unsuccessful.
ABOUT THE COMPANY
MBC GROUP is the largest media company in the Middle East & North Africa region that enriches people’s lives through information, interaction and entertainment. In 2002, nearly a decade after the launch of MBC1 in London, in 1991, MBC GROUP moved its headquarters to Dubai Media City, United Arab Emirates.
Today, MBC GROUP includes over 17 leading TV channels: MBC1 (general family entertainment); MBC2 & MBC MAX (24-hour western movies); MBC3 (children’s edutainment with a mix of both local productions and western acquisitions); MBC4 (entertainment for young families with a female-focus); MBC ACTION (an indigenous adrenaline-packed channel targeting young males with local and homegrown productions); MBC VARIETY (Western films and general entertainment with uninterrupted broadcasting); MBC DRAMA (24/7 Arabic drama) & MBC+ DRAMA (a joint pay-TV channel between MBC and OSN); MBC PERSIA (general family entertainment dubbed and subtitled in Farsi); WANASAH (24-hour Arabic music channel); MBC MASR & MBC MASR2 (general family entertainment geared towards the Egyptian family); MBC BOLLYWOOD (delivering the freshest in Bollywood content geared towards the region via an Arabized interface); MBC USA (on “Dish Network” in the US); MBC IRAQ (a premium channel aimed at the entire Iraqi family), MBC5 (new satellite channel dedicated to the Maghreb); all of them benefit from MBC STUDIOS which produces the region’s most compelling premium content for cinema, television and on-demand platforms. MBC GROUP also includes two FM radio stations: MBC FM (Gulf music) and Panorama FM (contemporary Arabic hit music).
Furthermore, part of MBC GROUP is Shahid and its premium subscription-based service Shahid VIP, the world’s leading Arabic streaming platform, home to highly rated original productions from the Arab world, a wide range of exclusive movies and premieres, as well as the top watched live Arab TV channels.