Tamheer - Zakat & Tax

Role Purpose

To manage Zakat and taxes filing with Zakat, Tax and Customs Authority (ZATCA) as per the regulatory reporting requirements, following consultation with Bupa Group and external tax advisors to ensure the implementation of insurance recording systems and processes to safeguard the company’s assets and people.

• Submit ZATCA reports according to regulations and align with external advisors.
• Assume responsibility for tax validation, data reconciliation, reviewing VAT General Ledger accounts related to input tax and output tax, and comparing them with the tax return(s).
• Identify any tax compliance issues or red flags and offer practical recommendations and solutions.
• Prepare ZATCA response to queries for assessment and inspection requirements.
• Analyze ZATCA assessment and completion of appeals documentation in coordination with zakat/tax advisors.
• Review Zakat, Tax and Deferred tax calculations and disclose in the Financial Statement.
• Provide AOP and Forecast numbers of Zakat and Tax charges continuously.
• Maintain a record of double taxation treaty agreements and ensure recovery of Tax from DZIT/Suppliers.
• Advise management on inquiries related to Zakat and Tax.

• Develop and implement Capital expenditure and fixed assets policies, procedures, and projects in-process.
• Maintain fixed assets registers with appropriate classification and accounting for Company s assets and ensure reconciliation of monthly journals for depreciation and fixed asset additions with GLs.
• Coordinate and respond to the queries of external auditors for accounting and valuation of Company’s fixed assets and their depreciation.
• Manage the physical inspection of fixed assets in coordination with relevant departments to identify accounting for retention and/or disposal of Company s assets!
• Conduct reviews on company projects with the budget team to ensure they are capitalized in the fixed assets register.

• Quality checks the financial statement during reporting period.
• Assist in implementing the proper control and procedure in Finance Operation function.