Tax Administrator

FNZ; South Africa; On-site; ZAR 300,000 - 600,000; Full time

Job summary

Join a dynamic and rapidly growing global business that leads in delivering financial services through cloud computing. As a Tax Administrator, you will play a crucial role in supporting tax processes related to DWT, IWT, and PAYE obligations. This role offers a unique opportunity to work with major financial institutions and contribute to the administration of tax processes for asset managers and life insurers. With a focus on individual contribution and impact, the company provides significant financial rewards and global career opportunities for high-performing individuals. Be part of a forward-thinking team that values innovation and excellence in the financial services sector.

Benefits

Financial Rewards for High Performers

Global Career Opportunities

Career Advancement Based on Contribution

Qualifications

• Knowledge of Income Tax Act and Tax Administration Act is essential.
• Experience with SARS correspondence and tax calculations is required.

Responsibilities

• Execute and reconcile PAYE payments and tax-related administration.
• Resolve queries related to CGT, DWT, IWT, and PAYE.

Skills

Reconciliation Skills

Understanding of Business Processes

Accounting Knowledge

Financial Control Skills

Education

Bcom Accounting

Tax-specific Tertiary Qualification

Tools

SARS e-filing

E@syfile

Microsoft Office (Excel, Word, Outlook, Teams)

Job description

Role Description

The Tax Administrator provides support to the tax team leader and Tax Manager in monthly, annual, and biannual tax processes related to DWT, IWT, and PAYE obligations. The role is Financial Services specific and involves the administrative tax processes related to Asset Managers, Life Insurers, and Pension funds.

Organisational Design

Reports into team leader.

Team Responsibilities

Tax-related Administration:

1. Execute, reconcile, and perform PAYE payments, including SARS EMP201.
2. Execute, reconcile, and perform payments of DWT and WTI and filing of DTR02 and WT002.
3. Distribution and monitoring of SARS correspondence, assessments, queries, and requests for supporting documents.

Tax Maintenance:

1. Income tax rate changes application on administrative system.
2. Updating of tax calculators.

Queries:

1. CGT, DWT, IWT, TFSA, and PAYE query resolution.
2. Manual tax directives applications on emigration, disallowed contributions, and visa withdrawals.
3. Perform manual CGT calculations.
4. Create manual tax certificates.

Experience Required:

1. Completed or studying towards Bcom Accounting or a tax-specific tertiary qualification.
2. Product-specific knowledge (retirement funds, voluntary investment products, TFSA, etc.) is advantageous.
3. Income Tax Act and Tax Administration Act knowledge.
4. SARS e-filing and E@syfile.
5. Microsoft Office (Excel, Word, Outlook, Teams).
6. Strong reconciliation skills.
7. Understand business processes.
8. Strong accounting knowledge.
9. Sound financial control skills.

About FNZ

FNZ is the market-leading provider of technology and administration services to major financial institutions in the platform and wealth management sectors across the globe. We partner with life companies, banks, asset managers, and discretionary wealth managers to enable them to develop and distribute financial products and services to their customers across all major distribution channels.

FNZ has a strong blue-chip customer base including Standard Life, Axa Wealth, JP Morgan, HSBC, AMP, National Australia Bank, Bank of New Zealand, Friends Life, UBS, Zurich Financial, and Close Brothers Asset Management. It has helped these customers grow to over £30 billion of platform assets in aggregate. FNZ now employs over 1,000 people with offices in the UK (London, Bristol, Edinburgh), Czech Republic (Brno), Australia (Sydney), New Zealand (Wellington), Singapore, and China (Hong Kong, Shanghai).

Opportunities:

• Be part of a highly successful, rapidly growing global business that is leading the delivery of financial services via cloud computing and partners with some of the world’s largest companies.
• Remuneration and career advancement is based on individual contribution and business impact rather than tenure or seniority.
• We provide significant financial rewards for high-performing individuals.
• We provide global career opportunities for our best employees at any of our offices in the UK, Czech Republic, Australia, New Zealand, or China.