Tax Specialist

Discovery Limited; Johannesburg; On-site; ZAR 400,000 - 600,000; Full time

Job summary

A leading company is seeking a Tax Specialist to join its Group Tax Department in Johannesburg. The ideal candidate will be responsible for tax planning, compliance, and reporting, while maintaining relationships with international subsidiaries. A CA(SA) qualification and 2-5 years of experience in a corporate tax environment are required, with a focus on South African tax legislation. This role offers a dynamic work environment and the opportunity to contribute to meaningful change in society.

Qualifications

• 2-5 years experience in a tax department within a large corporate.
• Preferable experience in financial services, dealing with corporate and international tax.

Responsibilities

• Responsible for tax planning, compliance, and reporting.
• Assist in preparation/review of tax reporting and returns for subsidiaries.
• Engage with SARS and manage relationships with international subsidiaries.

Skills

Excel knowledge

Understanding of South African tax legislation

Knowledge of IFRS

Education

CA(SA)

Advanced postgraduate qualifications in tax

Job description

Discovery – Group Tax

Tax Specialist

About Discovery

Discovery’s core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery. Our fast-paced and dynamic environment enables smart, self-driven people to be their best. As global thought leaders, Discovery is passionate about innovating in order to not only achieve financial success, but to ignite positive and meaningful change within our society.

About Group Tax

The Group Tax Department is responsible for the Tax Strategy of Discovery. This encompasses the following functions:

• Responsible for tax planning, compliance, reporting throughout the group
• Provides technical advice to business to ensure compliance with existing and new legislation
• Responsible for tax calculations, tax return submissions, tax accounting and reporting
• Engaging with and managing relationships with SARS

Areas of responsibility may include but not limited to

• Preparation/review of various tax reporting requirements for the Corporate and International Tax Function.
• Assist in the preparation of the various transfer pricing documents e.g. Master File, local file, CBC reporting as required across the group
• Assist in the preparation/review of various section 9D CFC controlled foreign company calculations
• Maintain excellent relationships with the international subsidiaries in order to understand the impact of taxes in their jurisdictions and enable appropriate reporting thereof
• Assist in researching and advising business of tax implications for cross border transactions including implications of double tax treaties and consideration of transfer pricing principles.
• Assist in the preparation of Pillar 2 computations and reporting
• Keep up to date with relevant Income Tax Act and Tax Administration Act and OECD guidelines
• Provide training on technical corporate or international tax matters to business units as required.
• Preparation of the Income tax and deferred tax computations of various subsidiaries in the Gorup to assist with interim and year end reporting requirements
• Preparation of tax returns for various subsidiaries within the Group.
• Researching of relevant corporate tax provisions as required.
• Liasing directly with auditors (internal and external)
• Liase directly with external legal advisors on technical matters as appropriate.
• Any other ad-hoc items to support the Group Tax Function as necessary.

Personal Attributes and Skills

• Excellent Excel knowledge
• Detailed knowledge, understanding and application of South African tax legislation, including international tax related concepts.
• Knowledge and understanding of IFRS

Education and Experience

• CA(SA)
• 2-5 years experience in a tax department within a large corporate, (financial services is preferable) dealing primarily with local corporate income tax and international tax related matters
• Advanced postgraduate qualifications in tax (preferable).

EMPLOYMENT EQUITY

The Company’s approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.