Requirements and Responsibilities:
The following sets out the requirements and skills for a Tax Manager: South Africa
Requirements
- Educational requirement: Qualified CA(SA) with a post graduate qualification in Tax.
- Prior experience or demonstrated proficiency with leading a Tax team, holding at least 5 years of experience, consultancy background and specialising in VAT.
- Proven advisory and compliance experience across direct tax, indirect tax, international tax and transfer pricing.
- Strong analytical skills and a high attention to detail.
- Excellent interpersonal and communication skills, with the ability to build relationships with different stakeholders.
Key responsibilities
Tax Policy, Compliance, Process and Systems management
- Develop and design tax policies and guidelines for the Group.
- Taxes covered: VAT, income tax, withholding taxes (dividends and royalties), carbon tax, transfer pricing, capital gains tax and employees tax.
- Update and amend policies as per tax amendments.
- Update all relevant tax and financial systems (e.g., SAP) as required.
- If required, ensure that the supporting systems are updated /designed to support changes to policy.
- Advise and communicate all tax and policy changes to all relevant stakeholders.
- Evaluate and advise all relevant stakeholders of any tax associated risks and exposure that could impact the Group.
- Process all tax returns relevant to the operations serviced within the Group.
- Ensure the adherence to all returns and payments (e.g., VAT, Corporate tax, etc.).
- Manage all external stakeholders and their interests in all tax related matters for the Group.
- Manage all reporting for tax within the Group.
- Manage activities related to transfer pricing. Conducting regular internal review of transfer pricing policies in accordance with the latest tax regulation developments. Providing advice on transfer pricing implications of new business initiatives. Supporting transfer pricing audits, including responding to tax authorities on matters or queries relating to transfer pricing. Handling transfer pricing analysis and reporting.
- Ensure the efficient handling and resolution of audit queries.
- Identifies tax risks and issues and proposes solutions.
- Determine tax savings and recommend strategies to improve profits.
- Perform all related tax accounting functions:
- Perform tax related ledger reconciliations and accounts maintenance as necessary.
- Prepare the group consolidation tax note and tax rate reconciliation.
- Budgeting and forecasting.
- Manage the current and deferred tax processes.
- Account for all tax (direct and indirect) provisions.
- Prepare tax returns, payments, necessary paperwork and reports in respect of corporate income tax for group companies.
Support Treasury activities
- Administer all tax requirements/returns for cash payments.
- Perform the intercompany Loans and Deposits process to ensure tax compliance.
Leadership
- Oversee talent management for direct reports in terms of recruitment, retention and development.
- Oversee the performance management and development of all shared service staff.
- Ensure adherence to shared service performance management requirements, ensuring continuous performance feedback to and development of direct reports.
- Ensure that all staff are motivated, developed, and appraised so that individual and collective performance meets the needs of the customers.
Stakeholder Relationships
- Manage relationship with Finance in business, Finance CoEs and the Finance Shared Services.
- Ensure the engagement with relevant internal and external stakeholders within TFG.
- Manage the relationship with relevant tax authorities and audit firms within South Africa.
- Coordinate outsourced tax preparation work.
Preference will be given, but not limited to, candidates from designated groups in terms of the Employment Equity Act.
