MAHA ALGHAMDI
Riyadh,Saudi Arabia
Summary
Transfer Pricing Director and SOCPA certified with over 13 years of experience across tax authority, Big Four advisory, and investment banking. Expert in TP, CIT, international tax, APA, MAP, BEPS implementation and complex cross-border tax matters, with a strong record of building frameworks, leading negotiations, and advising at executive level.
Overview
16
16
years of professional experience
2010
2010
years of post-secondary education
1
1
Certification
Work history
Transfer Pricing Director
Zakat, Tax and Customs Authority, ZATCA
Riyadh
2020.09 - 2026.01
- Define and lead the national Transfer Pricing strategy, ensuring alignment with OECD Guidelines, BEPs Actions, and Saudi Arabia's fiscal and economic objectives.
- Serve as senior decision-maker for complex transfer pricing, APA, and MAP cases involving large multinational groups.
- Lead APA program, including setting negotiation strategy, approving economic positions, and representing the authority in negotiations with taxpayers and foreign competent authority
- Provide strategic advise to senior leadership on transfer pricing policy, revenue protection, and international tax developments.
- Support in monitoring day-to-day activities to ensure compliance with stipulated policies and procedures
- Lead TP audit activities for large taxpayers by reviewing documents and determining tax risks for large taxpayers
- Direct and govern high-value transfer pricing audits, ensuring consistency between audit positions, MAP outcomes, and APA agreements
- Establish governance framework, internal methodologies, and technical guidance for TP audits, APA, and MAP to ensure consistency and defensibility
- Initiate and working on implementation of APA program in Saudi Arabia
- Build, mentor, and lead specialized TP teams, strengthening technical capability, negotiation skills, and international exposure.
- Work on implementation of BEPS 2.0/ Pillar Two initiatives, assessing interaction with local tax and zakat rules and advising on policy implications
Transfer Pricing Project Manager
Zakat, Tax and Customs Authority, ZATCA
Riyadh
2019.05 - 2020.09
- Implementing Transfer Pricing policies, processes, procedures, provide instructions to subordinates, monitor adherence and ensure work is carried out in a controlled manner
- Implementation of BEPS initiative projects such as CbCR, AEOI and EOIR
- Reporting Legislation & Efiling forms
- Responsible to maximize taxpayers compliance by extensive and clear taxpayer education, including making TP guidelines, workshops, information circulars and other guidance on interpretation of tax laws
- Implementation of the human resources management strategy for TP unit including recruiting and training
- Developing and implementing a risk-based audit selection system for Transfer Pricing
- Provide ongoing Transfer Pricing technical support and guidance to the Transfer Pricing Audits team
- Assist with the drafting, review and quality checks of letter of audit findings and assessments
- Involved in Transfer Pricing audit disputes
- Providing a process for obtaining advance rulings on specific issues as appropriate
- The Authority undertakes to collect Zakat, taxes, and customs duties while achieving the highest level of taxpayer compliance possible in accordance with best practices.
Reporting & Tax Manager
HSBC
Riyadh
2018.05 - 2019.05
- Management/Planning to optimize our tax efficiency & to ensure compliance with Income tax and Zakat provisions
- Working to closing all open tax years and assessments raising of appeals on a time basis and monitoring on the existing appeals. Management of Transfer Pricing documentation project. Preparation of Transfer Pricing disclosure form
- Preparation and filing of annual Income Tax & Zakat returns
- Manage the monthly WHT process and quarterly advance tax payments
- Manage the monthly VAT filing for HSBC SA and develop system capabilities. Provide advice on DTAs Withholding Taxes and PE tax issues VAT
- Provide tax advice to business on large order projects/contracts/structures executed in foreign countries and locally
- Ensure compliance with FATCA and CRS Reporting
- Manage the General ledger and financial reporting for the company
- Preparation and recording of all necessary income/expense related entries during the month
- Maintaining record of all business unit's income record for bookkeeping & audit purpose
Senior Tax Consultant- Compliance & Advisory
EY SA
Riyadh
2013.01 - 2018.03
- Reviewing and analyzing financial statements and assisting in tax and zakat planning
- Preparing monthly and yearly tax and zakat provisions in accordance with local taxation rules and new zakat regulations
- Advising on regulatory, regional, international tax/zakat implications to both existing and potential foreign investors in planning and structuring all aspects of their Saudi Arabia operations
- Preparing and submitting monthly/yearly withholding tax returns to the General Authority of Zakat and Tax (GAZT)
- Preparing and submitting Annual tax and zakat declarations to the GAZT
- Drafting and sending responses to ad hoc queries raised by the GAZT
- Advising, preparing and submitting applications to the GAZT in order to avail benefits under the double tax treaty of Saudi Arabia with other countries
- Handling tax and zakat controversy, assessments, appeals, and interaction with tax authorities
- Part of the GCC Value-Added Tax (VAT) team
- EY is one of the largest professional services networks in the world
Senior Tax Consultant- EY London
EY SA
London
2016.09 - 2016.12
- Working with the Customer Operational Tax & Technology team on FATCA and CRS services
- FATCA & CRS related assistance and respond to complex queries on an ad hoc basis
- Determine the scope of the client's compliance obligations
- Perform due diligence in order to determine the classification of an entity and identify the relevant implications arising from such classification
- EY is one of the largest professional services networks in the world
Accountant
NAWAT
Riyadh
2012.10 - 2013.01
- Managing and responsible of (accounting transactions, budget forecasts, financial statements etc.)
- Preparing and submitting annual zakat and WHT returns to the GAZT.
- Business consulting and services company
Accountant
Eye Magic Optical Est.
Riyadh
2010.02 - 2011.02
- Manage all accounting transactions, reconcile accounts payable and receivable
- Manage balance sheets and profit/loss statements.
- Compute zakat and prepare zakat returns
- Optical Establishment
Education
Bachelor of Administration - Science Accounting
King Saud University
Skills
- National Policy & Framework Development
- Team Leadership & capability Building
- Transfer Pricing Audit, APA, MAP
- CIT, Zakat, VAT, International Tax, BEPS
- FATCA/CRS/EOI
- Functional & Economic Analysis
Certification
- SOCPA Certified Public Accountant
- VAT Specialist Certificate Saudi Organization for Chartered and Professional Accountants
Projects
- Transfer Pricing Framework
- Advance Pricing Agreement (APA) Program
- BEPS 2.0 / Pillar Two
- Exchange of Information (EOI)
COURSES/TRAINING
- Tax Leader Program, Georgetown Law
- Strategic Leader, IMD
- Negotiation for Value Creation, IMD
- High-Performance Leadership, Chicago Booth
- The Voice of Leadership, IE University
- Transfer Pricing Diploma
- Transfer Pricing Benchmarking Solution
- BEPS 2.0
LANGUAGES
Arabic
Native
English
Advanced
Software Skills
- Moody's Analytics/ Orbis/Amadeus/TP Catalyst/ERP/MC Office
Timeline
Transfer Pricing Director
Zakat, Tax and Customs Authority, ZATCA
2020.09 - 2026.01
Transfer Pricing Project Manager
Zakat, Tax and Customs Authority, ZATCA
2019.05 - 2020.09
Reporting & Tax Manager
HSBC
2018.05 - 2019.05
Senior Tax Consultant- EY London
EY SA
2016.09 - 2016.12
Senior Tax Consultant- Compliance & Advisory
EY SA
2013.01 - 2018.03
Accountant
NAWAT
2012.10 - 2013.01
Accountant
Eye Magic Optical Est.
2010.02 - 2011.02
Bachelor of Administration - Science Accounting
King Saud University