Compliance Analyst

ASMO is a groundbreaking joint venture between DHL and Saudi Aramco. Inheriting DHL’s logistics excellence and Saudi Aramco’s extensive supply chain ecosystem, we are here to set a new benchmark and redefine the procurement and supply chain landscape, enabling growth. ASMO aims to be operational in 2025 and provide reliable end-to-end integrated procurement and supply chain services for companies across the industrial, energy, chemical, and petrochemical sectors. Our focus customers in the short term will be Saudi Aramco and its Affiliates. In the long term, all the industrial sectors within Saudi Arabia aim to reach the MENA region. Objective :

The role holder is responsible for the implementation of controls of compliance policies and procedures, periodically reviewing implemented controls, and assisting the Financial Compliance / Tax Manager in monitoring adherence to financial legal and regulatory requirements. The role holder is also responsible for highlighting tax & compliance misalignments or potential risks for ASMO, and providing recommendations on the proper course of action with regard to compliance matters. General Responsibilities :

Assist in implementing and executing the internal compliance system. Conduct self-assessment of executed internal controls. Recommend remediation to failed controls. Assist in the preparation of reports to management and shareholders’ governance bodies about the results of self-assessments. Assess and identify high risk accounts requiring Enhanced Due Diligence (EDD), referring them to Legal function, following approval from direct supervisor, to assess for prior financial foul play offences when required. Make recommendations to consider internal stakeholders of decisions to file or not file suspicious activity reports, as appropriate; ensure complete documentation is secured and maintained as required by financial regulators. Ensure that deadlines for all financial compliance related report submissions are met. Monitor account transactions through the use of various reports / statements and referring to internal stakeholders to provide guidance when required. Assist in VAT, Tax, and Zakat returns preparation and filing including Transfer Pricing Requirements. Manage VAT and Tax Consultancy Contracts. Manage the accurate calculation of tax payment dues for the various sectors and special purpose finance vehicles where applicable. Conduct development and implementation of the organization Zakat & tax plans, ensuring compliance with regulatory requirements as per external auditors requirements. Prepare compliance manuals and related policy guidelines and supports in conducting annual reviews on the same. Support in resolving queries or issues raised by auditors or relevant regulatory authorities. Support HR function in developing and facilitating training initiatives and programs related to compliance to ensure that employees are educated about the latest compliance procedures and practices. Recommend training and development interventions for team members to build their capabilities. Contribute to the identification of opportunities for the continuous improvement of systems, processes and practices to increase productivity and operational efficiency. Implement all relevant Department’s policies, processes, procedures and instructions so that work is carried out in a controlled and consistent manner. Contribute to the preparation of timely and accurate reports to meet departmental requirements, policies and standards. Qualifications :

Bachelor’s degree in Finance, Accounting, Economics or equivalent from a recognized and accredited university is required CFA / CISI / ACCA preferred Demonstrated proficiency in oral and written English 5 years’ experience in the same Field.

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