Senior Specialist Accounting Control (Tax)

Absa Group; Johannesburg; On-site; ZAR 600 000 - 800 000; Full time

Job summary

A prominent African banking institution in Johannesburg seeks a candidate for the Accounting Control role. The individual will oversee tax calculations and reporting processes to ensure accuracy and compliance. Responsibilities include managing a team, driving process improvements, and collaborating across finance functions. Candidates should have a degree in accounting, relevant experience in tax roles, and strong stakeholder management skills. This role offers the opportunity to influence financial strategies within a dynamic environment.

Qualifications

• 5–6 years post articles with a minimum of 3 years experience in leadership or management position.
• Experience managing financial statement and disclosure processes and process improvement.
• Control environment understanding and monitoring experience.

Responsibilities

• Oversee the end-to-end process execution of Tax calculations and reporting.
• Drive continuous improvement initiatives for processes to ensure quality and accuracy.
• Manage a team, ensuring high performance and engagement.

Skills

IFRS, accounting and reporting

Proven senior stakeholder management

SAP or similar ERP system

Basic understanding of accounting data flows

Problem solving

Interpersonal skills

Management and leadership

Education

Honours/Masters-degree in (Accounting) (NQF level 7)

CA SA

Previous experience in a tax role

Tools

SAP

Job description

Empowering Africa’s tomorrow, together…one story at a time.

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Job Summary

Accounting Control owns the processes that enables sustainable, accurate and timeous financial information in support of reporting to external and internal stakeholders.
The individual will oversee the process execution that enables sustainable, accurate and timeous completion of Tax calculations and reporting to be reported to all necessary recipients. To ensure a sound Control Environment and work closely with other areas of finance to adequately manage risk. The team is very specialized in terms of skill and plays an important for the reporting to tax Regulators

Job Description

High Level Role Overview

Accounting Control owns the processes that enables sustainable, accurate and timeous financial information in support of reporting to external and internal stakeholders. The individual will oversee the process execution that enables sustainable, accurate and timeous completion of Tax calculations and reporting to be reported to all necessary recipients. To ensure a sound Control Environment and work closely with other areas of finance to adequately manage risk. The team is very specialized in terms of skill and plays an important for the reporting to tax Regulators.

Key responsibilities

Accountability: Managing end to end process across clusters (70%)

• Ensure alignment of process with organisational strategy; take accountability for relevant processes within area of responsibility and ensure delivery and maintenance of standardised processes and controls;
• Owner of the end-to-end business process including defining the goals, objectives and KPI's, and performance management thereof;
• Plan, implement and develop operating procedures for relevant area and updating process documentation;
• Agree hand-ins and hand-offs with other process owners across FC;
• Constantly review and improve processes (automation included) to drive and implement a sustainable and effective process in support of quality and accuracy;
• Drive sustainable cost and processing efficiencies through continuous innovation, industry benchmarking and alignment to best practices;
• Act as escalation and decision point for operational decisions related to specific process, including issue resolution;
• Ensure cluster SMEs are aware of any issues in BAU process;
• Ownership of accounting control responsibilities for key FC initiatives that impact process;
• Work with Absa Group Tax to ensure all tax requirements are adequately recorded in the ledger.
• Management of relevant executors of processes within ambit of control including co-ordination and management of capability and performance;
• Change Management including facilitating change in process within scope of deliverables;
• Identify process-specific risks and work with Process Architect to mitigate risks;

Accountability: Lead a team of individuals to drive performance through motivation and employee engagement (30%)

• Act as the process lead for Accounting Control Tax;
• Manage effective delivery of outputs to ensure high quality and efficient process.
• Work with process owners to unpack and redesign processes to obtain optimal efficiency in Accounting Control and Financial Control;
• Oversee execution and review of AC processes;
• Resolve issues and attend meetings related to process;
• Represent accounting control on operations committee for projects related to process;
• Support head of Accounting Control with strategic view for the function;

Knowledge & Skills

• IFRS, accounting and reporting
• Proven senior stakeholder management
• SAP or similar ERP system
• Basic understanding of accounting data flows
• Problem solving
• Interpersonal skills
• Management and leadership

Education and experience

• Honours/Masters-degree in (Accounting) (NQF level 7);
• CA SA
• Previous experience in a tax role will be beneficial
• Experience managing financial statement and disclosure processes and process improvement;
• Control environment understanding and monitoring experience;
• Previous people management experience will be beneficial;
• 5–6-year post articles with a minimum of 3 years’ experience in leadership or management position;

Competencies:

• Deciding and initiating action
• Agile and organized
• Entrepreneurial and commercial thinking
• Relating and networking
• Adapting and responding to change
• Persuading and influencing
• Creating and innovating
• Proactive and confident

Education

Postgraduate Degrees and Professional Qualifications: Financial Sciences (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised