Valuation Senior Specialist

Zakat, Tax and Customs Authority

Job Responsibilities

Research the latest developments customs categories valuation techniques and methods, to remain current on new pricing practices and incorporate best practices in valuation assessments and reviewsbr> Conduct benchmarking studies on product pricing, customs categories, and goods' classification to integrate findings in daily operations and update needed systems/databases to facilitate the valuation processbr> Maintain and update manuals, integrate in computer-aided tools to facilitate valuation assessment and review

Consolidate, categorize, and prioritize valuation requests received from ports and COC, and dispatch to relevant teams for assessment and reviewbr> Review submitted requests, examine the validity and completeness of declaration documents prior to case assessmentbr> Gather needed data to perform accurate evaluations and benchmarks, and communicate with relevant stakeholders (account managers) to obtain needed information and clarifications br> Revise customs declarations, ensure proper assessment of goods prices, communicate with traders to notify if pricing adjustments are required and draft notification letters in case no agreement is reachedbr> Confirm approved valuations on related systems and dispatch transactions to Clearance functions to finalize the procedurebr> Conduct thorough assessments on low value declarations, track and review invoices to determine the individual price CIF for each item to safeguard against foregone revenuesbr> Consolidate and assess personal and seized goods' values referred to the department and follow-up on the application of additional taxes in coordination with internal functionsbr> Periodically request samples from ports to revise goods prices based on the assessments of similar goods, origin of goods, value in the local market, etc. and update databases accordingly if neededbr> Pinpoint high-risk and speculative issues in customs declarations, detect non-compliant cases and communicate with internal stakeholders to avoid potential risks br> Monitor applicants objections and appeals and ensure coordination with Legal Affairs to resolve disputes and support in key testimonies by providing clarifications on final assessments and results

Develop reports and statistics on valuation operations (types, segments, volume, etc.) to unlock patterns and trends and facilitate policy updatebr> Analyse customs trade data to depict any discrepancies at ZATCA s ports and develop needed awareness sessions and training for ports teams

Follow all relevant policies, processes and standard operating procedures so that work is carried out in a controlled and consistent mannerbr> Help in solving escalated problems and provide needed support for junior team to ensure work is carried out in an efficient mannerbr> Escalate complex problems to the relevant person to ensure cases/issues are closed properlybr> Perform other duties as requested

Train junior staff on the different job activities to ensure transfer of know-how, when applicablebr> Provide clear direction, prioritize tasks, assign and delegate responsibility, and monitor the workflow of subordinates/ junior staff