1.Accounting and Financial Reporting
- Handle daily accounting transactions, maintain general ledgers and subsidiary ledgers, and manage fixed assets and depreciation.
- Prepare monthly financial statements and supporting schedules.
- Reconcile local accounting records with the Chinese headquarters and investigate discrepancies.
2.Tax Filing and Compliance
- Handle Saudi tax compliance matters with ZATCA, including VAT returns, Fatoorah e-invoicing, withholding tax (WHT), and corporate income tax (CIT) / Zakat documentation and filing coordination.
- Ensure compliance with applicable Saudi tax laws and regulations and maintain complete supporting documentation.
3.Related-Party Transactions and Tax Risk Management
- Maintain supporting documents for related-party transactions between the Saudi entity and its Chinese parent company, including contracts, payment records, and customs declarations.
- Assist in preparing transfer pricing documentation and responding to tax audits, inquiries, and requests from ZATCA.
1. Treasury and Banking Operations
- Prepare payment instructions through local Saudi bank portals based on approved payment documents.
- Download and reconcile bank statements, prepare bank reconciliation statements, and maintain payment records.
- Prepare tax and supporting documents required for cross-border payments to the parent company.
4.External Audit and Government Liaison
- Coordinate with local accounting firms and auditors licensed by the Saudi Organization for Chartered and Professional Accountants (SOCPA) to support annual statutory audits.
- Assist in preparing financial and tax documents required by government authorities, including MISA, ZATCA, and Saudi Customs.
5.Financial Records and Internal Coordination
- Maintain and archive accounting vouchers, contracts, invoices, customs documents, tax returns, and tax payment receipts in accordance with local compliance requirements.
- Submit monthly financial and tax reports to the Chinese headquarters.
- Coordinate with Procurement, Warehouse, Sales, and HR departments to reconcile operational records and ensure consistency between accounting records and actual transactions.
Skills
- Relevant work experience in accounting and finance in Saudi Arabia, with a good understanding of Saudi VAT, ZATCA e-invoicing, WHT, CIT/Zakat, and related tax filing procedures.
- Familiarity with local banking operations, statutory audits, and financial documentation management. Experience in manufacturing, factory operations, or Chinese-invested companies in Saudi Arabia is preferred.
- Ability to independently handle daily accounting transactions, prepare tax documentation, and compile financial reports, with strong compliance awareness and risk identification skills.
- Good written and verbal English communication skills. Arabic proficiency and experience handling Arabic accounting and tax documents are preferred.
- Proficiency in Microsoft Excel and accounting software. Experience coordinating cross-border financial matters between China and Saudi Arabia is an advantage.
