Group Tax Accountant

Famous Brands; Midrand; On-site; ZAR 700,000 - 950,000; Full time

Job summary

Famous Brands is seeking a Group Tax Accountant in Gauteng to ensure SA and international tax compliance and integrity of the Group's tax GL accounts in line with SARS documents.

You will lead the submission of VAT, provisional tax, Sugar Beverage Levy, withholding taxes, and annual income tax returns, while supporting audits and tax forecasting across the Group.

Qualifications

• Experience with filing of returns and liaison with SARS.
• Knowledge of SA and international tax legislation.
• Strong understanding of tax accounting and GL reconciliation.

Responsibilities

• Submit VAT returns and ensure timely payments.
• Submit provisional tax returns and ensure timely payments.
• Submit Sugar Beverage Levy returns and ensure payments.
• Submit withholding taxes timely.
• Submit annual income tax returns timely.
• Assist with SARS queries and audits.
• Provide Ledger codes and ensure proper allocation.
• Prepare SARS responses and maintain tax records.
• Obtain Tax Compliance Status (TCS) from SARS.
• Reconcile tax liabilities and VAT accounts in the ledger.

Skills

SARS liaison

Tax accounting

Education

B. Com Accounting Degree or B. Tech Accounting

Post Graduate Tax Honours / Diploma

Job description

Introduction

Under the direction of the Group Tax Manager, the Group Tax Accountant will be responsible for ensuring compliance with SA and International tax legislations, as well as ensuring the integrity of the Group's tax GL accounts in line with supporting Revenue Authority's documents.

Duties & Responsibilities

• Submit VAT returns and ensure that payments are made timeously
• Submit provisional Tax returns and ensure that payments are made timeously
• Submit Sugar Beverage Levy returns and ensure payments are made timeously
• Submit withholding taxes timeously
• Submit annual income tax returns timeously
• Assist with compilation of responses to SARS queries and audits
• Provide Financial Managers with correct Ledger codes and ensure that payments have been allocated accordingly
• Check SARS correspondence regularly and assist with preparation of SARS responses
• Obtain Tax Compliance Status(TCS) from SARS and determine non-compliance
• Reconcile Tax liability and VAT accounts in the Ledger with SARS statements
• Maintain the General Ledger for current and deferred Tax accounts. This includes preparing journal entries, accounts analysis and reconciliation and closing books monthly
• Assist External Auditors at Year-End including preparation of schedules, providing supporting documentation and explaining procedures
• Ensure statutory compliance throughout Famous Brands Group in respect of all Taxes
• To review the Tax Asset Register to ensure correct treatment of assets purchases, disposals, scrapping and expensing
• Recording and safe keeping of documentation
• Assist with accurate forecasts (budgets / profit forecasts, performance outlook and cash forecasts) across the Group
• To keep abreast with tax changes
• Perform ad-hoc projects for specific companies

Desired Experience & Qualification

• B. Com Accounting Degree or B. Tech Accounting (Required)
• Post Graduate Tax Honours / Diploma (Advantageous)
• Experience with filing of returns and liaison with SARS