Lead Auditor

Job Purpose

This position is designed for seasoned professionals who operate with general guidance and tackle complex challenges requiring analytical skills. The role involves directing and aiding audit teams in search, inspection, office audits, field visits, and comprehensive real estate audits to form conclusions aligned with applicable systems, manuals, policies, quality standards, and ethical codes.

Primary Responsibilities

• Stay updated on real estate tax regulations, accounting principles, and auditing standards to keep abreast of changes in tax regulations and reporting requirements.
• Develop and maintain valuation models and auditing tools tailored to audit real estate transactions efficiently and ensure timely valuations.
• Update audit manuals, eligibility criteria, legal requirements, and supporting documents related to real estate disposition in line with taxpayer types and incorporate them into digital audit tools to streamline evaluation.
• Standardize, categorize, and prioritize audit schedules related to real estate transactions, classified by industry, ensuring appropriate assignment to audit teams.
• Verify legality and completeness of submitted real estate documents and declarations to assess tax responsibilities accurately.
• Collect necessary data for office audit activities, liaise with account managers, banks, audit offices, and government entities to acquire information and clarifications, and coordinate with legal affairs regarding contract legitimacy.
• Analyze and verify real estate transactions, confirm report accuracy, trace transactions from accounting records to source documents, and discuss discrepancies with regional audit units.
• Benchmark real estate transactions against industry standards to identify high-risk or non-compliant issues and collaborate internally to mitigate risks including tax evasion.
• Conduct field audits through site visits and meetings to investigate accounting records and regulations and advise on requirements, obligations, penalties, and rights.
• Synthesize legal and financial findings to recommend audit responsibility for real estate transfer tax and prepare audit reports consistent with policies.
• Review valuation methods used in auditing real estate transfer taxes and confirm appropriateness based on SME accounting and finance frameworks.
• Oversee drafted audit reports for policy compliance, validate tax assessments, and offer constructive feedback to audit teams.
• Submit finalized reports for senior review and approval, then incorporate feedback to conclude audits.
• Manage objections and appeal processes, coordinating with Legal Affairs or AMANA Secretariat to resolve disputes and support certification processes by clarifying final audit results.
• Maintain and update audit systems and databases to ensure organized management of audit outcomes for efficient data sharing with stakeholders and government bodies.
• Generate reports and statistical analyses on real estate transfer tax audits, covering transaction types, segments, volumes, to identify patterns aiding revenue assessment and forecasting.
• Coordinate with the Legal Support Department to ensure compliance with authority positions, laws, policies, and regulations relevant to taxation.
• Provide internal departments with assistance and information concerning direct tax assessments for small and medium taxpayers.

Education & Experience

• Bachelor’s degree in Accounting or a closely related field is mandatory.
• At least four years of pertinent experience in auditing or tax-related roles.

Competencies

• Developing skills in collaboration and communication.
• Professional proficiency in ethical conduct.
• Proficient understanding of broad taxation concepts.
• Strong orientation toward achieving results.
• Advanced capabilities in tax audit management and tax audit techniques.
• Customer-focused approach.
• Developing mindset towards embracing change and innovation.
• Proficient in tax audit planning.