Purpose of Job
Their basic operational activities include participating in income assessments/financial records of establishments, examining historical tax records used to accurately determine tax liabilities while ensuring compliance with the Kingdom's tax regulations, audit procedures, and administrative rules, and communicating with taxpayers to obtain clarifications regarding returns.
Job Responsibilities
Consolidating, classifying, and prioritizing VAT audit schedules for establishments, sorting by industry/tax type, and ensuring submission to relevant audit teams for evaluation and review.
Conducting full tax audits of VAT transactions within the Kingdom, examining the validity of legal documents submitted by establishments, verifying submitted declarations and records, and ensuring the completeness of required documentation before assessing and evaluating tax liability.
Searching general news, articles, databases, shared channels, etc. to investigate and understand the business activity of establishments, including structure, size, jurisdictions, etc.
Studying and evaluating the financial position, income statements, and revenue flows of establishments to compare with standards and similar industries and making a decision regarding the valuation approach (actual, estimated, reduced valuations).
Examining taxpayer returns, identifying high-risk issues, detecting non-compliance, and communicating with internal stakeholders to avoid potential risks, including tax evasion.
Review current audit files and previous audit results to verify the accuracy of sales accounts, accounts receivable, imports, inventory, and other related accounts.
Conducting field audit visits and interviewing representatives of establishments to investigate accounting records and systems, exceptions, suspicious transactions, etc., and advising establishments on requirements, obligations, penalties, and rights.
Verifying the accuracy of facility reports and declaration entries, tracing transactions from accounting records to source documents, invoices, receipts, imports, etc., and consulting with the audit team regarding identified discrepancies.
Consolidating, reviewing, and evaluating legal and financial observations according to pre-approved eligibility criteria and tax requirements to recommend tax compliance and draft the audit report in line with applicable policies and procedures.
Job Details
Communication and Contacs
Education
Bachelor's degree in accounting or equivalent
Experience
At least 3 years of experience in the field of auditing
Competencies
Tax Audit Management - Proficient
Tax Audit Techniques and Execution - Developing
Collaboration and Communication - Developing
Professionalism - Developing
Broad Taxation Awareness - Developing
Tax Audit Planning - Developing
Results Oriented - Developing
Customer Focus - Developing
Enablement of Change and Innovation - Developing
