Specialist Africa Tax Risk

Absa Group; Sandton; On-site; ZAR 400,000 - 600,000; Full time

Job summary

A leading financial services group is seeking a Tax Compliance Officer to deliver and ensure statutory tax compliance while providing tax advice for assigned companies. The ideal candidate will possess a Bachelor's degree in Accounting and at least 3 years of experience in income tax compliance. Exceptional Excel skills and the ability to build relationships with key stakeholders are essential. This position is based in Sandton, Gauteng, offering diverse growth opportunities.

Qualifications

• Minimum 3 years’ experience in income tax compliance – SARS e-filing and correspondence.
• Tax insurance experience in the submission or preparation of returns is advantageous.

Responsibilities

• Deliver and ensure statutory tax compliance for the specific portfolio.
• Provide tax advice on day-to-day matters for the portfolio of taxpayers.
• Manage and develop relationships with key business areas and auditors.

Skills

MS Excel skills

Communication skills

Presentation skills

Problem-solving

Stakeholder management

Education

Bachelor’s degree in Accounting

Post-graduate degree in Income Tax

Tools

SAP

COUPA

BW

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

To deliver and ensure statutory tax compliance for a specific company or specific tax discipline within the business and provide tax advice where appropriate.

Job Description

Financial and Management Reporting:

• Reporting: Monthly Effective Tax Rate explanations for assigned cluster.
• Providing tax disclosure for assigned cluster and subsidiaries.
• Preparing and distributing the required tax reporting and disclosure on tax for the assigned portfolio / cluster.
• Monitoring and consolidation of future tax relief and providing disclosure for Annual Financial Statement purposes.
• Preparation of assigned Board Packs and minutes.
• Assist with tax forecasts and effective tax rate attestations.
• Preparing bi-annual competitor analysis for consolidated group on tax rates.

Tax Advice:

• Provide advice on day-to-day income tax matters as and when required for portfolio of taxpayers.
• Support subsidiaries with tax issues when required.
• Attend and assist with tax related queries received from business.
• Manage external professional service providers on tax matters when applicable.

Tax Compliance and Administration:

• Tax accounting of assigned subsidiaries, as well as the cluster(s) with the view to assess the Effective tax rate (ETR).
• Complete and/or review and assist with the lodgement of tax returns (annual income tax and provisional tax) with regards to the portfolio of companies - long and short-term insurers included.
• Prepare tax templates and do maintenance, returns and provisional tax returns where applicable including external queries on allocated subsidiaries related information and computations.
• Ensure withholding taxes are effectively managed and tax credits appropriately treated.
• Update database with payments made to tax authorities and monitor tax status of portfolio.
• Assist and support business with compliance related matters (e.g. Tax Clearance Certificates, appointment of Public Officer etc.)
• Attend to SARS queries and assist with VDP’s.
• Prepare tax returns and payments for DWT, IWT and STT

Networking:

• Manage and develop relationships with the key business areas and the group.
• Maintain and enhance the existing relationship with SARS and External Tax Auditor personnel.
• Manage the Group Tax Process Council progress

Training:

• Provide training and tax presentations to the relevant business areas on the current tax legislation and updates on changes to the legislation.
• Complete all training requirements

Education and Experience:

• Bachelor’s degree in Accounting is essential
• Post-graduate degree or diploma in Income Tax is desirable
• Minimum 3 years’ experience in income tax compliance – SARS e-filing and correspondence
• Tax insurance (short or long term) experience in the submission or preparation of returns will be advantageous

Knowledge and Skills:

• Exceptional MS Excel skills including proficiency in macros
• Above average MS Office skills including Word and PowerPoint
• SAP, COUPA & BW knowledge will be beneficial
• Knowledge of stakeholder management
• Communication skills
• Presentation and influencing skills
• Problem-solving and resourcefulness
• Assertiveness

Education

Bachelor`s Degrees and Advanced Diplomas: 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