Junior Tax Specialist

SMTAX; Wes-Kaap; On-site; ZAR 300 000 - 500 000; Full time

Job summary

A tax consultancy firm in South Africa is looking for an experienced Tax Specialist to manage tax compliance and advisory services. The role includes conducting research on tax laws, preparing tax returns, and advising clients on tax strategies. Ideal candidates will have a degree in accounting or tax and strong analytical and communication skills, with at least 1 year of relevant experience.

Qualifications

• Proven experience as a tax accountant or analyst.
• 1+ years of tax preparation experience.

Responsibilities

• Research tax laws and assist in SARS tax reviews.
• Prepare and file tax returns.
• Analyze and minimize tax liabilities.

Skills

Analytical skills

Communication skills

Detail-oriented

Time management

Problem-solving

Customer service

Education

Degree in accounting or tax

Business or Financial Advisory certification

Tools

Accounting software

Job description

Overview

The tax specialist's key responsibilities include conducting tax research and implement tax advisory work plus overseeing all tax compliance, assisting in audits, and responding to tax correspondence. Additional responsibilities include interacting with clients, obtaining and reviewing tax information and performing tax research projects.

To be successful as a tax specialist, you should be up-to-date with the latest technologies which assist in accounting duties, have an understanding of big data systems, and good communication skills. Ultimately, a top-notch tax specialist should have strong analytical skills, pay attention to detail, and the ability to manage your time efficiently. Ultimately, you should be able to ensure your clients comply with SARS regulations and work to minimise their tax liabilities.

Tax Specialist Responsibilities

• Researching tax laws.
• Assisting in SARS tax reviews, audits and other cases.
• Gathering information and explaining options for best practice to clients.
• Preparing monthly, bi-monthly, provisional and annual tax compliance.
• Preparing and ensuring that tax returns are filed in accordance with tax authorities.
• Analysing and minimising tax liabilities by implementing tax reduction strategies.
• Reviewing financial records, financial statements, income and expenditure reports and financial projections for implementing tax computations and tax planning.
• Researching tax issues and assisting with tax opinions.
• debt management and compromises.
• Consulting with clients, reviewing their tax information, and responding to questions and concerns.
• Advising clients on the tax implications of employee health care benefits, retirement benefits, travel allowances and other fringe benefits plus overall salary structures and employee classifications.
• Maintaining accurate and up-to-date client records.
• Assisting with tax advisory work involving including but not limited to:
• Payment Arrangements
• Penalty & Interest Remittance
• Debt Wavier
• Notice of Objection
• Notice of Appeal
• Tax Opinions
• Tax Planning

Tax Specialist Requirements

• Degree in accounting or tax, or equivalent.
• Proven experience as a tax accountant, tax analyst, or 1+ years of tax preparation experience.
• Computer literacy in accounting software.
• Excellent accounting skills.
• A keen eye for details.
• Outstanding numerical and analytical skills.
• Business or Financial Advisory certification is beneficial.
• Good communication skills, both verbal and written.
• Ability to prioritise and manage time efficiently.
• Strong problem-solving skills and ability to apply judgement with justification.
• Excellent organisational skills to keep an audit trail with documentation.
• Good customer service skills.