Senior Tax Advisor

Old Mutual; Cape Town; On-site; ZAR 800,000 - 1,100,000; Full time

Job summary

A leading financial services company in Cape Town is seeking a Senior Tax Advisor to manage tax risks and compliance across its investment teams. The candidate should have at least 10 years of Africa and international tax experience, focusing on M&A and private equity transactions. The role involves providing strategic advice and managing relationships with stakeholders. This position offers a challenging environment with opportunities for professional growth.

Qualifications

• At least 10 years’ experience, including Africa and international tax experience.
• Transaction experience (M&A, project finance).
• Private equity experience.

Responsibilities

• Manage tax risk from both fund and manager perspectives.
• Oversee tax risks for investment and divestment transactions.
• Provide strategic input to transactions, asset management, and initiatives.
• Ensure tax compliance, including FATCA/CRS compliance.
• Advise on equity transactions and compliance certificates.

Skills

Strong technical skills

Good relationship management skills

Attention to detail

Cross border tax knowledge

Financial Acumen

Education

CA / LLB / equivalent with postgrad qualification

Tools

Database Reporting

Financial Reporting Software

Job description

Let's Write Africa's Story Together!

Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

Job Description

AIIM is seeking a Senior Tax Advisor to work within African Infrastructure Investment Managers (AIIM), a member of Old Mutual Alternative Investments (OMAI) with a reporting line to the AIIM COO and dotted reporting lines into OMAI CFO and Fund Investment Directors.

The resource will be dedicated to AIIM, providing tax input into various parts of the AIIM business, namely the Pan Africa, SADC and ATAF Investment teams and assisting with other corporate tax matters pertaining to the AIIM business and its various funds under management.

AIIM has 5 offices, South Africa (Cape Town & Johannesburg), Nigeria (Lagos), Cote d’Ivoire (Abidjan) and Kenya (Nairobi) and several affiliate entities are domiciled in Mauritius. The candidate will be required to travel occasionally to the AIIM regional offices and investee company jurisdictions, to build relationships with various stakeholders including the regional AIIM team members, management teams, external local tax advisors/firms and tax authorities.

The role will include the following:

• management of tax risk from both a fund and fund manager’s perspective;
• oversight and input into tax risks for investment and divestment transactions;
• providing strategic input to transactions, asset management and strategic initiative teams and well as investee company management teams;
• scoping, procurement and management of external tax advice;
• tax sign off and advice on legal documentation in respect of equity transactions and the transaction compliance certificate;
• advising on staff carried interest and co-investment schemes and management incentive plans for investee companies;
• advising on location of domicile for new funds and manager entities;
• interaction with Old Mutual Group Tax team and advisors in respect of transfer pricing, monitoring, reporting and adhoc queries;
• responsible for tax compliance, including FATCA/CRS compliance, across the various taxpaying legal entities;
• Providing Ad hoc tax advice to portfolio companies;
• general corporate/ commercial advice.

The role also requires the candidate to appreciate the tax opportunities and challenges that exist, across the various assets under management, including the context of the wider international tax framework and BEPS.

Candidates with a strong history of not just providing or procuring tax advice but rather assisting with the commercial impacts of such advice into a Sale and Purchase Agreement, or Transaction documentation, will have an advantage.

The job function requires a strong skill set in SA domestic tax and international tax.

Key Result Areas

Transactions

• Provides guidance and input to investment professionals on optimal deal structures
• Manages the tax risks and points of tax friction over each asset’s holding period, incorporating both the domestic law in which that asset is situated and within the wider international tax framework.
• Responsible for selection and appointment of tax advisors for tax due diligence workstream for investment and exit opportunities
• Manages tax due diligence and tax advisory work streams, including external advisors and investment team
• Responsible for sign off of tax section within the Transaction Compliance Certificate
• Manages tax risk and compliance within jurisdictions, both on incorporation and ongoing management

Fund Structures

• Review and sign off on tax matters relating to the establishment and structuring of new fund structures and on winding up fund structures
• Co-ordinate with external legal counsel on fund structuring tax matters
• Liaise with fund investors regarding tax status, withholding tax and investor tax reports and adhoc reporting matters

Old Mutual Group Tax

• Regular meetings with Old Mutual Group Tax team regarding transaction deal pipeline
• Update on due diligence work streams
• Operate in accordance with the agreed AIIM/Old Mutual Group tax framework document

Corporate Tax

• Oversight of annual corporate tax returns for all AIIM entities
• Oversight of VAT return process
• Public Officer for AIIM and AIIM managed fund entities
• Review and sign-off on transfer pricing documents for AIIM entities

Qualifications and Experience required

• CA / LLB / equivalent with postgrad qualification (i.e. HDip honours / Masters).
• At least 10 years’ experience, including Africa and international tax experience.
• Transaction experience (M&A, project finance)
• Private equity experience

Competemcies

• Strong technical skills
• Professionalism
• Team player
• Good relationship management skills
• Pays attention to detail and produces accurate analysis
• Proven ability to develop partnerships with a range of internal and external stakeholders
• Strong professional communication skills
• Ability to perform well under pressure
• Ability to prioritise key risk issues
• A genuine, professional enjoyment of cross border tax within a transactional setting.

Skills

• Accounting, Action Planning, Budget Management, Computer Literacy, Database Reporting, Data Classification, Data Compilation, Data Controls, Data Modeling, Evaluating Information, Financial Acumen, International Taxes, Investments, Management Reporting, Numerical Aptitude, Oral Communications, Private Equity, Report Review, Tax Advising, Taxes

Competencies

• Business Insight
• Communicates Effectively
• Ensures Accountability
• Financial Acumen
• Manages Complexity
• Optimizes Work Processes
• Organizational Savvy
• Plans and Aligns

Education

• Bachelor Of Laws (LLB), Chartered Accountant

Closing Date

25 September 2025 , 23:59

The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.

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