Tax Manager

Standard Bank Group; Saint Helier; On-site; GBP 90,000 - 120,000; Full time

Job summary

Standard Bank Offshore, the offshore arm of Standard Bank Group, is seeking a Tax Portfolio Analyst to execute tax processes and advisory services across a dedicated portfolio. The role requires 5–7 years in Finance with specialist tax experience and knowledge of SAP and Finacle IT systems.

You will analyse operational activities to identify compliance risks, advise on remediation plans, and help reduce tax costs while ensuring regulatory adherence in banking.

Qualifications

• Minimum 5–7 years experience in Finance with specialist experience in Tax.
• Experience in Banking and Financial Services and knowledge of regulatory requirements.
• Accounting systems knowledge with SAP and Finacle IT systems.

Responsibilities

• Analyse the operational activities within a dedicated tax portfolio to identify compliance risks.
• Provide tax advisory services to ensure the portfolio can manage compliance risks.
• Proactively address gaps in controls, processes and procedures and monitor remediation plans.
• Strive to reduce Tax costs while ensuring adherence to frameworks and standards.
• Perform risk assessments and propose solutions to manage tax risk.

Skills

Tax advisory

Regulatory knowledge

Banking products

Finance value chain

Auditing

Education

First Degree in Finance and Accounting

Tools

SAP

Finacle

Job description

Standard Bank Offshore is the offshore arm of the Standard Bank Group, a leading Africa focused financial services group, and an innovative player on the global stage. Our international Banking, Lending, Investment, Fiduciary and Wealth Management services offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals.

Our clients range from individuals to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa and SBO is perfectly positioned to support the growth of our organisation from our office in the Isle of Man, Jersey, London, MAUs and South Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

To execute tax processes and services to various stakeholders within a dedicated portfolio to minimise tax risks. Provide advisory services on tax aspects to ensure that the area is undertaken in a compliant manner to avoid operational losses, fines, penalties or reputational damage to the organisation and enable the competitive advantage of the organisation.

Minimum Qualification:

• First DegreeinFinance and Accounting

Experience Required :

• 5 - 7 years experience in Finance & Value Management
• The role requires an incumbent with a good understanding of the entire Finance value chain but specialist experience in Tax. Experience in Banking and Financial Services is required. Accounting systems knowledge - SAP and Finacle IT systems would be required. Sound knowledge of the relevant regulatory requirements and upcoming developments applicable to a specific tax portfolio as well as a solid understanding of banking products and activities.

Key Outputs :

• Analyse the operational activities within a dedicated tax portfolio to identify compliance risks and therefore ensure adherence to the relevant Standard Bank Group compliance frameworks and standards.
• Proactively identify and address gaps in controls, processes and procedures as well as advise on and monitor remediation plans to address any short-comings.
• Provide tax advisory services to a dedicated portfolio to ensure that the portfolio can comfortably manage compliance risks and conduct activities in a compliant manner.
• Strive to influence a continual reduction in Tax costs by ensuring that the specific tax portfolio is compliant with frameworks, standards and procedures and tax regulatory.
• Perform risk assessments and provide solutions to manage tax risk, reduce tax cost and/or improve inefficiencies

Behavioural Competencies:

• Adopting Practical Approaches
• Checking Things
• Developing Expertise
• Documenting Facts
• Making Decisions

Technical Competencies:

• Continuous Process Improvement
• Financial Acumen
• Financial and Accounting Control
• Financial Management (Financial)
• Tax Management

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