ASC - Tax Compliance & Reporting Specialist

Our Client operates in the Oil and Energy industry, with its headquarters rooted strongly in Saudi Arabia. It has its branches spread to more than 50 countries, providing employment to more than 68,500 people all over the world. They fall under the Fortune 500 Companies. They are one of the world’s largest oil producers. They are constantly growing by creating new technologies through its Research and Development efforts and branch into new business lines through Investments and Acquisitions.

Responsibilities:

• Oversee programming of an entirely new tax withholding platform/system with assistance of AP&S and SAP application programmers.
• Oversee programming and implementation for tax reporting of U.S. payroll employees.
• Assist Executive comp & HRP&P with their tax quires related to U.S. income tax & executive compensation, & review Executive Payroll.
• Review & approve the U.S. and Global tax reporting filings, monthly, quarterly, & annually.
• Research regularly the U.S. and global tax code & regulations for any tax updates to enable in the annual SAP programming updates.
• Assist in reviewing the U.S. calculations related to U.S. Federal Income Tax Withholding, Hypothetical tax, & the Current Federal Income Tax Reimbursement for all U.S. payroll employees
• Assist in reviewing the U.S. Federal & State tax balancing for U.S. new hires.
• Process Electronic Transmission of the U.S. tax data to the Social Security Administration (SSA) for all U.S. payroll tax documents on an annual basis.
• Provides with tax consultation to employees related to chapter 8, Global payroll, & U.S. tax laws & regulations
• Research and update U.S. tax wage types in the SAP Payroll System.
• Review and remit funds to U.S. tax authorities.
• Prepare and remit to U.S. government and employees all required tax reporting forms and electronic files.
• Assist the our client employee foreign assignments with the review and approval of the tax filings, tax balancing and the tax remittances.
• Review and implementation of global tax law changes and tax policy updates.
• Provides tax advisory consultation & support services.

Requirements:

• As the successful candidate, you will hold a Bachelor’s degree in Accounting or a degree in a relevant field from a recognized and approved program.
• A certification such as CPA is desirable.
• You will have a minimum of ten years’ experience in complex, multinational global tax matters (US., EU, UK, APAC, MENA) and big 4 tax compliance and consulting experience is highly desirable.