Africa Manager, Tax Accounting and Reporting

• Post Closing Date
  Jun 26, 2012

Position Description

Various corporate income tax compliance requirements are prescribed by the Income Tax Act. Group Tax, in particular Corporate Tax Compliance, has to ensure that the Standard Bank Group complies with all these requirements in respect of each legal entity that forms part of the group. The purpose of this position is to specifically:

Manage the complete direct tax compliance function of a portfolio of group companies within the Standard Bank Group. This would include the maintenance and improvement of systems and structure relating to all direct tax compliance matters in respect of a portfolio of allocated companies (including the maintenance of the AccFin Tax Manager system, record keeping of the direct tax status of all companies in the portfolio and filing).

Ensure that all direct income tax returns are properly reviewed and timeously submitted to SARS (including income tax returns, provisional tax returns and STC returns).

Deal with all direct tax queries, correspondence and ad-hoc requests from SARS. Obtain appropriate information from BU’s in order to reply to SARS’ queries.

Assist BU’s with specific direct tax compliance related questions and to liaise with BU’s on a regular basis in this regard.

Maintain and improve structure (including AccFin Tax Manager, filing, formatting, content & timing) of all compliance work required – Success indicator: Structure operates efficiently.

Timeous, accurate deliverable – in accordance with legal requirements & company objectives – in respect of compliance work, following up on queries from SARS and CGT requirements – Success indicator: All tax returns are submitted timeously and accurately and all outstanding queries are properly dealt with within the time frame agreed with SARS.

Understand business of BU’s. Build relationships with key people in BU’s as well as with SARS. Market services of Group Tax within the group and build profile of Group Tax – Success indicator: Good relationships with all relevant people (both BU’s and SARS). Good reaction times that lead to appropriate and timeous deliverables.

Maintain high level of technical competence and getting to know the business of the bank better – Success indicator: Attendance of all relevant courses / technical sessions in order to meet ever changing compliance requirements. Be up to date with all relevant tax legislative changes and case law.

Africa Manager, Tax Accounting and Reporting