Title: Tax Compliance & Reporting Specialist
Aramco energizes the world economy.
Aramco occupies a unique position in the global energy industry. We are the world's largest producer of hydrocarbons (oil and gas), with the lowest upstream carbon intensity of any major producer.
With our significant investment in technology and infrastructure, we strive to maximize the value of the energy we produce for the world along with a commitment to enhance Aramco’s value to society.
Headquartered in the Kingdom of Saudi Arabia, and with offices around the world, we combine market discipline with a generations’ spanning view of the future, born of our nine decades experience as responsible stewards of the Kingdom’s vast hydrocarbon resources. This responsibility has driven us to deliver significant societal and economic benefits to not just the Kingdom, but also to a vast number of communities, economies, and countries that rely on the vital and reliable energy that we supply.
We are one of the most profitable companies in the world, as well as amongst the top five global companies by market capitalization.
Job Purpose
We are seeking a U.S. and Global Income Tax Specialist to join the Controller’s Division of Saudi Aramco. The U.S. and Global Income Tax Specialist is accountable for the activities of the Tax Management Unit group. The specialist is responsible for the U.S. and Global payroll and income tax activities. The responsibilities include the review of tax files and timely approvals based on the U.S. and global tax regulations. Assisting the Saudi Aramco employee tax compliance and global mobility requirements.
The Specialist will work as a point of contact for the employees and the contractors to identify the Saudi Aramco tax compliance requirements and fulfill the Saudi Aramco tax obligations. The specialist will review the changes in the tax codes, treaties and policies on a regular basis and implement the required updates.
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 Saudi Aramco 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
Education & Experience 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.
Working environment
Our high-performing employees are drawn by the challenging and rewarding professional, technical and industrial opportunities we offer, and are remunerated accordingly.
At Aramco, our people work on truly world-scale projects, supported by investment in capital and technology that is second to none. And because, as a global energy company, we are faced with addressing some of the world’s biggest technical, logistical and environmental challenges, we invest heavily in talent development.
We have a proud history of educating and training our workforce over many decades. Employees at all levels are encouraged to improve their sector-specific knowledge and competencies through our workforce development programs – one of the largest in the world.