Financial Control Specialist

Job Purpose

The role holder is responsible for supporting financial control, accounting, and tax-related activities across Specialized to ensure accurate financial records, budget adherence, and compliance with applicable accounting policies and regulatory requirements. The role supports expenditure monitoring, financial control activities, audit requirements, and tax administration while maintaining accurate documentation and coordinating with relevant stakeholders. The role holder shall carry out their duties in accordance with the stipulated specialized policies and procedures.

The role holder is responsible for supporting financial control, accounting, and tax-related activities across Specialized to ensure accurate financial records, budget adherence, and compliance with applicable accounting policies and regulatory requirements. The role supports expenditure monitoring, financial control activities, audit requirements, and tax administration while maintaining accurate documentation and coordinating with relevant stakeholders. The role holder shall carry out their duties in accordance with the stipulated specialized policies and procedures.

• 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 support preparation of related financial reports.
• Assist in applying 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 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.

Educational Level: Bachelor's Degree
Most Preferred Education Field:
Finance, Accounting, or any related field
Minimum Years of Relevant

Experience:

1-3 Years