Allan Grays Tax Governance is decentralised in nature, where business areas own their operational tax processes and manage the risks associated with those processes. Proactive support is provided by a group Tax team through consulting, engagement and operational support. We are looking for a proactive and energised individual to assist with managing the tax compliance function for the Group. The individual with be responsible for providing a wide range of tax advisory services to the business as well as ensuring compliance with operational requirements (including reporting) imposed by both local and foreign tax regulators by actively assessing tax processes within the business.
Responsibilities
The candidate will be expected to:
- Keep abreast of relevant tax related regulations and legislative changes or trends within the financial services industry.
- Perform high level checks of tax tasks and related processes to ensure
- completeness and
- execution is in compliance with the applicable provisions of the relevant Tax Act/regulations in particular income tax, corporate tax and VAT.
- High level review of the control environment to ensure that sufficient controls are in place to detect discrepancies and deviations from agreed processes.
- Monitor the operational environment for trends in the current risk landscape and proactively assist in risk mitigation efforts.
- Assess changes in legislation for potential impact on current processes and assist in the application of these changes.
- Prepare clear, sound, accurate reports containing findings, conclusions and recommendations to management, legal/compliance and operational areas regarding the outcome of the reviews performed.
- Tax monitoring/audit of the business-related tax processes:
- by performing a review of the control environment to ensure that sufficient and effective controls are in place to detect discrepancies and deviations from agreed processes and legislative requirements.
- by reviewing operational reports to identify potential areas of concern/ gaps/ trends where tax monitoring/ additional controls may be required.
- Engage stakeholders in an ongoing effort to ensure that processes are continually assessed for tax risk and that mitigating actions are implemented.
- Answer tax related questions from the business and financial advisors and understand highly complex tax related problems.
- Deep knowledge of South African corporate income tax, corporate structures, tax treaty law and global developments in the field of international tax.
- Knowledge of South African legislative requirements and tax laws specific to unit trust/LISP, long-term insurance and retirement fund business.
- Knowledge of local and international tax reporting requirements e.g. FATCA/CRS, DWT, IWT and IT3.
- A go-getter attitude with a pragmatic approach to systems and processes.
- Ability to provide bespoke advice of the highest technical standard in a clear and concise manner.
- Ability to assess processes and apply analytical skills.
- Ability to deal effectively with people at all levels and to operate and think on your feet.
- Ability to work under pressure, meet deadlines and manage own deliverables.
- Ability to exercise independent judgement and reasoning.
- Ability to assess complex tax law and derive a meaning and practically apply it to the business.
- Excellent documentation and communication skills.
- Strong attention to detail.
- CA(SA) / BCom with HDip Tax Law or Masters in Tax
- Minimum of 3 years experience in a similar role
- Current, relevant financial services industry experience and up to date with the latest changes in the legislation in this specialist area - this is a distinct advantage.
- Technical tax advisory experience in a corporate environment
Allan Gray, 1 Silo, V&A, Cape Town
At Allan Gray, we encourage our people to own their performance through individual accountability. Our hybrid working model facilitates a healthy balance of productive offsite work and stimulating onsite collaboration. Flexible working parameters differ by business area, team and role.
Closing date
3 July 2023
Please include your Matric certificate and University transcripts with your application.
