Senior Tax Advisor

Old Mutual; Wes-Kaap; On-site; ZAR 650 000 - 850 000; Full time

Job summary

A leading financial services company in South Africa is seeking a Tax Manager to oversee taxation of investment transactions and support asset management. The ideal candidate will be a qualified Chartered Accountant (CA(SA)) with strong knowledge of tax legislation, excellent communication skills, and a minimum of 3 years' experience in a corporate tax function. The role offers an opportunity to contribute strategically within a dynamic environment and requires effective collaboration with various stakeholders.

Qualifications

• Strong understanding of tax legislation and compliance.
• Ability to manage and report on tax statutory returns accurately.
• Experience in a corporate tax function within financial services.

Responsibilities

• Manage taxation of investment transactions within the organization.
• Support the asset management businesses in tax matters.
• Prepare tax opinions and engage in dispute resolutions.

Skills

Accounting

Financial Acumen

Computer Literacy

Oral Communications

Database Reporting

Budget Management

Education

Qualified Chartered Accountant (CA(SA))

Minimum of 3 years in a corporate tax function

P.Dip Tax or Tax Honours/Masters

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

The role has direct responsibility for the taxation of investment transactions, while also supporting the asset management (including property portfolio) businesses. This role will also allow the individual to work across the wider Group Tax team and engage on tax matters for the broader Old Mutual Group (including Banking and Insurance Tax) to ensure that tax risks are identified, well understood and managed pro-actively.

The purpose of the Old Mutual Limited Group Tax team, in addition to managing tax risk inherent in the business, is to provide expert knowledge to support decision-making and to ensure that the Group effectively and efficiently integrates tax into business processes and reporting. The team is proud to lead the Group to communicate its tax contribution in a transparent manner. The role offers a challenging blend of strategic input and governance, technical comprehension, business knowledge and relationship building (within Old Mutual Group and external stakeholders), while leading with influence and executing conscientiously.

Effective and Accountable Leadership

• A strong work ethic and irreproachable integrity.
• Proven ability to engage, collaborate and partner with different stakeholders in order to successfully derive adequate commercial solutions for complex business challenges/transactions.
• Resilience essential in a dynamic and demanding environment.
• Leading by example to cultivate a culture of output-driven, solution-orientated, high-performance, teamwork.
• Lateral-thinking, innovative mindset and strong drive to persevere to deliver results and continuously improve towards a benchmark of excellence.
• Building and maintaining strong relationships with internal stakeholders (for example, internal Legal, Risk and Governance teams as well as financial managers).
• Assist in implementing necessary protocols, procedures and agreements to integrate and align tax sign-off processes within parameters set to manage risk.
• Assist in identifying opportunities for improvement, standardization and automation of tax processes and systems.

TAX TECHNICAL EXPERIENCE

• Display good working knowledge of tax legislation (tax statutory, regulatory and common-law rules), changes to tax legislation and interpretations or practices.
• Understanding of tax compliance updates and assists in providing fit-for-purpose training and support to stakeholders/business to conduct impact assessments and implement changes to tax legislation.
• Assist the Head: Investments Tax team to simplify complexity and effectively explain in simple language, the application of tax legislation to unusual and complex business transactions so that strategic decision-making is supported.

TAXATION STATUTORY RETURNS & DISPUTE RESOLUTION

• A pragmatic approach to the application of tax technical knowledge in the preparation and review of statutory returns across tax types to ensure accuracy, completeness and compliance with statutory obligations.
• Assists in the monitoring of the levels of compliance across the business and also drives compliance to due dates.
• Instinctively drives the review of assessments to validate differences between tax returns submitted and assessments and with the assistance of the Head: Investments Tax Team takes the appropriate action to resolve disputes successfully.

TAX MANAGEMENT AND REPORTING

• Assess tax process and financial impacts as a result of changes to Tax Legislative Changes or SARS Practice Changes or Business Structural Changes;
• Establish best practice processes for interim and year end reporting, forecasting and business planning processes for tax reporting in line with Old Mutual Limited Group requirements;
• Effective Tax Rate Analysis;
• Review and/or preparation of tax disclosure in Annual Financial Statements;
• Strong numeracy and literacy skills and the ability to apply tax technical knowledge to ensure complete and accurate accounting and reporting of the tax consequences of transactions concluded during the year in the annual financial statements of affected entities, including deferred tax, effective tax rate reconciliations, provisions for uncertain tax positions, notes the financial statements, etc.
• Good understanding of the tax accounting standards in order to resolve unusual and complex tax accounting and reporting matters in accordance with applicable accounting standards and tax laws.
• Recommend and advise on process improvements to tax accounting and reporting processes.

GOVERNANCE

• Drive implementation of Old Mutual Limited Group Tax Policy and codes of best practice across the Business and across all tax types;
• Implementing and monitoring processes, controls and governance protocols in response to changes in tax legislation, identifying potential tax risks and providing strategic direction to the business.
• Identifying Operational Tax Risks and providing input into and maintaining Tax Risk Logs, dashboards and developing risk mitigation strategies.

TAX ADVISORY

• Prepare opinions and motivations to justify tax positions taken by the Business for review and sign off by the Head: Investments Tax team.
• Analyse components of structures, transactions and new products and make recommendations to enhance/comply with tax laws.
• Consider tax changes to ensure suitable (sustainable) tax advice (examples include, financial structured transactions, restructures/mergers and acquisitions, tax due diligences and projects).
• Prepare, tax objections and appeals and alternate dispute resolution responses, as well as requests for tax directives to the Revenue Authority, on behalf of the Business.
• Provide advice and recommendations to the Business on the implementation of new tax processes and tax controls, new products, administration platforms and systems
• Prepare Voluntary Disclosure submissions and requests for penalty remission to SARS
• Seek opportunities to identify tax risk mitigation strategies.
• Assist with strategic guidance on all tax matters (including responses to proposed tax changes, responses to SARS/National Treasury etc)

Qualifications & Critical Experience

• Qualified Chartered Accountant (CA(SA)), with relevant under-graduate degree
• P.Dip Tax or Tax Honours /Masters will be of advantageous
• Minimum of 3 years’ in a corporate tax function will be of advantageous
• Good operational understanding across the financial services industry and alternative fund structure investment is preferred.
• IFRS knowledge particularly related to deferred tax and tax disclosure is essential.

Personal Attributes

• Excellent verbal and written communication skills.
• Resilience. Ability to perform under pressure,
• Strong inter-personal skills (interact, work with a diverse teams)
• Adaptable and able to cope with a dynamic environment. Must be a self-starter have a sense of urgency and drive matters to completion (get things done).
• Must display emotional maturity and resilience: is able to multi-task (manage the outcomes to deadlines of multiple engagements).
• Be reliable, have integrity and display a professional approach.
• Maintain confidentiality of all information, both from internal and external sources.
• Display solid business acumen.

Skills

• Accounting
• Action Planning
• Budget Management
• Computer Literacy
• Database Reporting
• Data Classification
• Data Compilation
• Data Controls
• Data Modeling
• Evaluating Information
• Financial Acumen
• Management Reporting
• Numerical Aptitude
• Oral Communications
• Report Review

Competencies

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

Education

NQF Level 9 – Masters

Closing Date

30 January 2026 , 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.

The Old Mutual Story!