Tax Specialist

Communicate Finance; Wes-Kaap; On-site; ZAR 600,000 - 1,000,000; Full time

Job summary

Communicate Finance is seeking a Tax Specialist to manage tax compliance for life insurance entities. You will prepare and review tax calculations under the 5-fund tax system and complete related returns, ensuring SARS compliance and accurate tax reporting.

Ideal candidates have 3–5 years in life insurance tax, experience with life insurer tax returns, and engagement with SARS/auditors. IFRS knowledge is advantageous for this role.

Qualifications

• 3–5 years' current life insurance tax experience.
• Experience preparing and submitting tax returns for life insurers.
• Engagement with SARS and external auditors.
• Knowledge of IFRS and tax reporting principles advantageous.

Responsibilities

• Manage tax compliance and reporting for life insurance entities.
• Prepare and review tax calculations under the 5-fund tax system.
• Complete and submit all related income tax returns and schedules.
• Ensure compliance with SARS legislation for life insurers.
• Prepare tax provisions for financial reporting purposes.
• Review and reconcile tax accounts and related balances.
• Liaise with internal stakeholders, auditors and tax authorities.
• Monitor legislative changes impacting life insurance taxation and advise on implications.
• Support finance and actuarial teams on tax-related matters.
• Assist with tax risk management, audits and regulatory reporting requirements.

Skills

Life insurance tax

5-fund tax regime

SARS liaison

IFRS knowledge

Education

CA(SA) preferred

BCom Accounting/Tax/Finance or equivalent

Job description

Job Description:

• Manage tax compliance and reporting for life insurance entities
• Prepare and review tax calculations under the 5-fund tax system
• Complete and submit all related income tax returns and supporting schedules
• Ensure compliance with SARS legislation and regulations applicable to life insurers
• Prepare tax provisions for financial reporting purposes
• Review and reconcile tax accounts and related balances
• Liaise with internal stakeholders, auditors, and tax authorities
• Monitor legislative changes impacting life insurance taxation and advise on implications
• Support finance and actuarial teams on tax-related matters
• Assist with tax risk management, audits, and regulatory reporting requirements

Experience:

• 3 to 5 years' current experience within the Life Insurance industry
• Demonstrated experience working with life insurance tax
• Strong understanding of the 5-fund tax regime
• Experience preparing and submitting tax returns and related statutory forms for life insurers
• Experience engaging with SARS and external auditors
• Knowledge of IFRS and tax reporting principles advantageous

Qualification:

• CA(SA) qualification preferred
• BCom Accounting, Taxation, Finance, or equivalent qualification considered