Tax Specialist - Sandton, South Africa - Hollard Recruitment

Description

The Life Tax Specialist is a member of the Group Tax Team, and plays a role of the implementation of the Group Tax Strategy which encompasses the below:

• Tax compliance and reporting;
• Tax planning and provides technical tax advice to BUs in line with current legislation;
• External stakeholder management; and
• Tax risk management.

KEY RESPONSIBILITIES:

• Support the Tax Manager in driving the implementation of the tax strategy and, ensuring optimal delivery of tax advisory services to meet stakeholder needs and enable business growth
• Supporting the Tax Manager in engaging with and managing internal stakeholders and external stakeholders (such as National Treasury, SARS, Industry bodies etc in contributing to the formulation of tax policy)
• Identifying and implementing (or supporting implementation of) and tax process efficiencies using technology
• Tax compliance and dispute management for insurance companies and other group companies
• Tax accounting / deferred tax for year-end purposes
• Quarterly tax calculations and tax accounts reconciliations
• Continuously and proactively engage with and provide technical tax advice to stakeholders and Group Tax to ensure tax compliance with new and current tax legislation
• Ensure payment to SARS within deadline to avoid interest and penalty charges
• Examine financial statements and accounting practices at a consolidated/group level (life or short-term insurance companies) in order to define all the tax requirements for that part of the organisation.
• Provide training to various internal stakeholders to optimize tax awareness and competence
• Provide tax advisory services to TCM on the tax impact and requirements for various deals
• Conduct tax research to ensure the company complies with all applicable tax legislation and amendments to regulations
• Assist with queries from tax authorities and ensuring the company is not unduly exposed to tax risks