Tax Technical Accountant
Cape Town, Western Cape, ZA
What will you do?
A position for a Tax Technical Account exists in the Group Tax Team, Corporate Services based in Santam Head Office, Bellville, Cape Town.
The primary focus of the role is to support the Tax Compliance Manager to manage tax accounting and reporting for the Group. The individual will also be responsible for the preparation of income tax and other taxes due (actual and forecast), prepare income tax and other tax returns for submission to the South African Revenue Service (‘SARS’), respond to various tax queries and to assist in ad-hoc tax projects.
What will make you successful in this role?
- The role will primarily be responsible for the tax reporting process, including the preparation and review of tax disclosures in the Annual Financial Statements and/or Regulatory Reporting
- Analyse tax on investments to ensure accuracy and completeness of taxes reported by asset managers.
- Prepare and/or review of consolidated deferred tax and effective tax rate for the Group
- Prepare and/or review of income tax returns for submission to SARS
- Assist with monitoring, assessing and advising on the changes to tax legislation and or tax reporting requirements
- Identify inefficiencies and gaps with within the group tax reporting process and provide solutions including automation of processes.
- Assist with responding to business, audit and SARS tax queries
- Reviews and/or preparation of ad-hoc tax reporting requirements as required from time to time
- Assist with implementation of new SARS and IFRS requirements impacting tax reporting.
- Assist with ad-hoc tax projects, including inputs i.r.o. Corporate Finance deals.
- Building relationships within Group Tax, Group Reporting, wider business units and stakeholders
- Building strong relationships with SARS at the Middle Management and Tax Specialists Subject Matter Levels
- Work independently to pro-actively identify and investigate potential risks and to research and present potential solutions to the Group Tax Manager for review.
- Provide coaching and guidance to relevant team members.
Qualification and Experience
- CA(SA) or Bcom with Higher diploma/honours in tax with 3 years or more relevant tax compliance and/or tax reporting experience
- Experience in a short-term insurance environment would be highly beneficial
Knowledge
- HFM and Oracle experience is highly beneficial
- Financial Services/Short term Insurance Tax related experience is essential
- IFRS knowledge particularly related to tax disclosure, tax accounting and group reporting
- Strong Tax Compliance and or Tax Reporting experience
Skills
- Taxation and accounting skills
- Independent research skills
- Solution oriented and pro-active (self-starter)
- People management and relationship building skills
- Excellent communication skills
- Computer literacy (advance excel spread sheet capabilities, working knowledge of financial and general ledger systems)
Core Competencies
About The Company
Santam is the leading short-term insurer in South Africa. Along with its subsidiaries, the business transacts all classes of short-term insurance. Santam is a large, diversified, and transforming company and our success is rooted in our passion for our clients. Everything we do is centered on our delivery of Insurance Good and Proper.
Please note this appointment will be made in line with the Divisional Employment Equity targets. People with disabilities are welcome to apply