At Sanlam Private Wealth, our clients are at the core of everything we do. For this reason, we employ people with passion individuals who thrive in an entrepreneurial, high-energy environment.
Sanlam Private Wealth is part of the Sanlam Investments Group, a leading investment and wealth management business in South Africa, Sub-Saharan Africa, Australia and Europe.
What will you do?
- Monitoring and loading corporate action events in tax reporting systems based on announcement date and other event details
- Apply South African tax principles in costing (proceeds / base cost) corporate action events for purposes of client tax reporting
- Capture treatment of corporate and other events in the client CGT reporting system
- Monitoring and clearing exceptions in the various tax reporting systems (primarily CGT)
- Liaise with business on treatment of corporate action events in the client tax reports
- Assist in preparation and review of client tax reports (income and CGT)
- Address client queries on any matters pertaining to tax reporting
- Detail review of the effect on the clients portfolio of corporate events and ensuring that the corporate event reflects accurately on tax and other sub-systems
- Reviewing journal entries passed in various tax reporting systems for accuracy and completeness
- Assist with maintenance and reconciliation of data with regards to Dividend Withholding Tax reporting to SARS
- Review of scrip movement prices
- Assist with maintenance and reconciliation of data with regards to Dividend Withholding Tax reporting to SARS
- Assist with Third-Party data submissions to SARS
- Assist with the FATCA and CRS reporting obligations to SARS
- Staying abreast of changes with respect to FATCA and CRS regulations
- Assist with all Qualified Intermediary reporting to the IRS as well as relevant client reporting
- Staying abreast of changes in respect of Qualified Intermediary status
- Take ownership of the requirements related to W8/W9 forms completed by clients as follows:
- Review and provide feedback regarding the completeness and accuracy thereof
- Staying abreast of changes with respect to these forms, and communicating those changes to business in a timely manner
- Assist with on-going training regarding the accuracy and completeness of the forms
- Responding to queries raised by the wider business / clients
- Ensure that the W8/W9 withholding tax status is updated for each client across systems
- Assist with any IRS and SARS audits
- Assist as needed on tax jurisdiction research to ensure compliance with regulatory guidelines
- Investigate dividend & corporate action discrepancies and resolve accordingly
- Research corporate events to form an understanding, interpret accurately & make decisions accordingly
- Experience within Private Wealth Industry
- High level of accuracy
- Excellent communication and interpersonal skills
- Tertiary qualification in Finance / Accounts
- Basic understanding of the private client business and the stock-broking environment
- Experience within the finance / tax consulting industry is essential. Corporate Actions knowledge and experience will be advantageous
- Previous experience within Private Wealth industry will be advantageous
- Fully bilingual (English and Afrikaans)
- Candidate must be highly computer literate and highly proficient in Microsoft Excel
- Thorough understanding of internal control and operational processes
- Strong numerical orientation
- Highly organized with a high level of customer focus
- Accurate and detail orientated
- Critical and analytical capability
- Ability to perform well under pressure and show maturity, confidence and resilience
- Excellent listening, communication and interpersonal skills
- Pro-Active approach to work, clients, problem solving
- Learning agility and curiosity
- Assertive
- Passionate ownership for results
Were all about building strong, lasting relationships with our employees. We know that you have hopes for your future your career, your personal development and of achieving great things. We pride ourselves in helping our employees to realise their worth. Through its five business clusters Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz, Santam, as well as MiWay and the Group Office the group provides many opportunities for growth and development.
Core Competencies
Being resilient - Contributing independently
Collaborates - Contributing independently
Cultivates innovation - Contributing independently
Customer focus - Contributing independently
Drives engagement - Contributing independently
Turnaround time
The shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend on how far you progress and the availability of managers.
Closing Date: 17 May 2024
Our commitment to transformation
The Sanlam Group is committed to achieving transformation and embraces diversity. This commitment is what drives us to achieve a diverse, inclusive and equitable workplace as we believe that these are key components to ensuring a thriving and sustainable business in South Africa. The Group's Employment Equity plan and targets will be considered as part of the selection process.
