Tax Specialist - Johannesburg, South Africa
Key Purpose Statement
Providing technical and operational support to the tax manager in relation to all indirect tax compliance and advisory matter. The role reports to the Tax Manager
Duties:
• Determination of tax positions based on application of several scenarios (tax planning at an intermediate level)
• Preparation of period end (mainly year-end) accounting journals to account for final tax accruals, based on
• Current year tax effect of tax computation,
• Deferred Tax effect of Fixed Asset timing and other differences
• Deferred Tax Effect of Provisions
• Deferred Tax Effect of Movements in Other Comprehensive Income (OCI) - full reconciliation of OCI to be provided by Financial Planning and Analysis
• Limited tax accounting support and training for Financial Planning and Analysis (not including tax accounting for technical issues such as cash flow and commodity hedges)
• Determination of tax effect of new business transactions in co-ordination with Direct Tax Manager and Indirect Tax Manager
• Provide tax opinions across all taxes (Income Tax, Value Added Tax and PAYE) with limited assurance for internal use
• Liaise with external tax consultants to source external tax opinions from registered tax practitioners for issues highlighted Tax and Risk Committee
• Quality reviews of all tax returns (Corporate Income Tax, Provisional Tax and ad hoc Value Added Tax)
• Co-ordination and review of submissions by Direct Tax Manager to Group Tax Manager in respect of CFC returns
• Review of all correspondence with SARS in respect to disputes with SARS (both Indirect and Direct Tax issues)
• Technical assistance to Direct Tax Manager and Indirect Tax Manager re process of engagement with SARS in respect of matters under dispute (e.g. Objection, Appeal and Alternate Dispute Resolution)
• Co-ordination of dealings with external tax practitioners and external legal advisors reg all direct and indirect tax matters taken to the Tax Board and Tax Court
Requirements:
• CA(SA) / ACMA
• MCom Tax or H Dip Tax or equivalent
• 3 years’ post-qualification experience in taxation. (preferably in an external tax consultancy)
• 5 years post qualification financial accounting experience
• Knowledge of SAP
• Good knowledge of Thomson Reuters OneSource or predecessor CorpSmart