Senior Tax Accounting Specialist - Brackenfell, South Africa - Shoprite Group

Shoprite Group

Verified Company

Brackenfell, South Africa

2 days ago

Posted by:

Thabo Mthembu

beBee Recruiter

Description

Closing Date
2023/12/0- Reference Number

SHO

Job Title

Senior Tax Accounting Specialist

Job Type

Permanent

Location
Country

South Africa

Location
Province

Western Cape

Location
Town or City

Brackenfell, Cape Town

Purpose of the Job

The purpose of the Senior Tax Accounting Specialist role is to process tax calculations and related submissions for the RSA and non-RSA Group entities.

The role forms part of the tax team delivering end-to-end tax services in line with the Group's internal tax policies, procedures and templates.

The role acts in accordance with the financial reporting plan with a specific focus on the quarterly, half-year and year-end reporting periods.

The role operates cross-functionally with the Non-RSA and Group Finance teams to process tax calculations and provisions ensuring that all information is timeously and accurately reviewed, providing assurance to all Tax related stakeholders.

Job Advert Details
Job Category

Finance

Job Objectives

Processing of corporate income tax calculations (South Africa and?various non-RSA group companies).??

Processing all corporate income tax return submissions?and reconciliations of tax?accounts?for?various non-RSA group companies.?

Processing administration related to withholding taxes?(including dividends, interest and technical fees) of?RSA and non-RSA Group entities.?

Processing, preparing and reviewing quarterly, half year and year-end including but not limited to:

Corporate income tax calculations for all Group companies in order to ensure compliance?with IFRS.?

Corporate deferred tax calculations for all Group companies?to ensure compliance?with IFRS.?

Tax impact on items of a capital nature that impact headline earnings per share and provide input to the Group Finance team (example: headline earnings per share - for all company codes).

Hyperinflation tax effect (checking journal posting accuracy).

Hyperinflation tax effect (items of a capital nature).

Tax effect of inter-company long term loans.

Tax effect of unrealised forex - cumulative total.

Review of tax disclosure - ZAR forcing translation entries, tax rate recons (other exempt income and non-deductible expenses) deferred tax recons, deferred tax breakdowns, tax losses, long term loan forex split.

If relevant to the portfolio: Calculation of the Group transfer pricing calculations (including the review of interest etc.)_
If relevant to the portfolio: Processing of tax?and transfer pricing?journals on?the?SAP and BPC?systems.?_
Qualifications
B?Com?Hons?or equivalent essential.
Tax qualification, Charted Accountant (CA) preferred.
Experience

+3 years' experience in a similar role -
providing specialised corporate tax review and advisory services (or in a similar specialised financial tax
orientated role),
in a multi-stakeholder portfolio with internationally distributed locations and demonstrable exposure to:

Internal financial controls?and risk matrices (IFCs) audit;

- **IFRS, AFSs,?corporate income tax?calculations, deferred tax,?transfer pricing, consolidation and foreign currency translations
- essential
:

Dealing with revenue authorities, auditors and other Group Finance orientated stakeholders.?

Exposure to FMCG retail sector in a Group wide cross-functional structure - preferred.

Knowledge and Skills
Working knowledge of SAP, Excel and SAP BPC advantageous.?
Proficient in English with additional languages such as Portuguese and French highly beneficial.?
Limited travel may be required?from time to time.?

Senior Tax Accounting Specialist role is to process tax calculations and related submissions for the RSA and non-RSA Group entities.

The role forms part of the tax team delivering end-to-end tax services in line with the Group's internal tax policies, procedures and templates.

The role acts in accordance with the financial reporting plan with a specific focus on the quarterly, half-year and year-end reporting periods.