Treasury and Tax Accountant - Johannesburg, South Africa - Vontier

    Vontier
    Vontier Johannesburg, South Africa

    3 weeks ago

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    Description
    JOB DESCRIPTION

    JOB TITLE : Treasury and Tax Accountant

    DEPARTMENT: Accounting & Finance

    REPORTING TO: Accounting Manager

    LOCATION : Johannesburg

    PURPOSE OF POSITION

    The Treasury and Tax Accountant is responsible for the Treasury (Banking) and Taxation activities for the sub-Saharan Africa (SSA) region supports the Accounting Manager in ensuring the accurate and timely production of financial reporting.

    KEY RESPONSIBILITIES

    Treasury

  • Prepare and capture all data related to the cashbook system daily.
  • Prepare and process all journal entries in line with the monthly or quarterly or annual requirements.
  • Reconcile the cashbook system, general ledger, and bank statement.
  • Prepare reconciliations on all bank accounts at month end.
  • Reviewing payments together with supporting documents loaded on Citibank.
  • Monitor bank balances ensuring that all excess funds are transferred to Header Account to optimize on interest.
  • Liaise with Nedbank and Citibank on Bank related queries.
  • Updating all exchange rates daily.
  • Maintenance and annual renewal of the current foreign exchange contracts with the South African Reserve Bank.
  • Application of new SARB foreign exchange authorities where required.
  • Confirming incoming funds with Citibank for SARB approval.
  • Maintenance of the bank's signature mandate.
  • Update Cash Forecast.
  • Responsible for the Group tax reporting requirements including the Fin 48 survey, monthly Blackline reconciliations and quarterly Asgard reconciliations.

    • Taxation

  • Preparation, management and submission of the following tax returns and the related payments/refunds for all companies within SSA (South Africa, Namibia, DRC, Kenya, Swaziland)
  • VAT
  • Withholding tax
  • Income Tax
  • Dividends Tax
  • Control of the overall tax compliance for the company – Maintain up-to-date tax compliance certificate at all times.
  • Respond to all SARS audits and queries relating to VAT, Income Tax and Customs.
  • Monthly balance sheet reconciliations in Blackline.
  • Ad Hoc taxation requirements.
  • Responsible for the Group tax reporting requirements including the Fin 48 survey and monthly, quarterly and annual tax pack submissions in Onesource.
  • Owner of the deferred tax calculation and supporting schedules for reporting purposes.

    • DELEGATION OF AUTHORITY

    As per Board-approved DOA and as necessary for functions outside the DOA.

    As delegated by the Managing Director, when necessary.

    POSITION RELATIONSHIPS

    Internal

  • Finance & Accounting team
  • Head of departments

    • External

  • Tax advisors
  • Suppliers
  • Payroll providers
  • Audit firms
  • Tax inspectors

    • MEASURES OF PERFORMANCE (INDICATORS)

    PERSONAL QUALIFICATIONS & EXPERIENCE

    Education/ achievements

  • Bachelor's Degree in Accounting/Finance or similar qualification
  • Higher Diploma in Taxation or
  • BComm Honours degree in Taxation

    • Experience/Knowledge

  • Minimum 3 years experience with Tax

    • Specific Skills

  • Ability to communicate across levels with internal stakeholders, customers, and suppliers.
  • High Degree of accuracy and attention to detail.
  • Ability to work under pressure and deliver to tight deadlines

    • ROLE SPECIFIC COMPETENCIES & BEHAVIOURS

    CompetencyDescriptors

    Customer Driven

  • Gains insight into customer needs.
  • Identifies opportunities that benefit the customer.
  • Builds and delivers solution that meet customer expectation.
  • Establishes and maintains effective customer relationships.

    • Collaborative

  • Works cooperatively with others across the organization to achieve shared objectives.
  • Represents own interest while being fair to others and their areas.
  • Partners with others to get work done.
  • Credits others for their contributions and accomplishments.
  • Gains trust and support of others.

    • Inclusive

  • Seeks to understand different perspectives and cultures.
  • Contributes to a work climate where differences are valued and supported.
  • Applies others' diverse experiences, styles, backgrounds, and perspectives to get results.
  • Is sensitive to cultural norms, expectations, and ways or communicating.

    • Accountable

  • Follows through on commitments and makes sure others do the same.
  • Acts with a clear sense of ownership.
  • Takes personal responsibility for decisions, actions and failures.
  • Establishes clear responsibilities and processes for monitoring work and measuring results.
  • Designs feedback loops into work.

    • Champions VBS

  • Identifies and creates the processes necessary to get work done.
  • Separates and combines activities into efficient workflow.
  • Seeks ways to improve processes, from small tweaks to complete reengineering.
  • Is a simplifier, focused on cutting through complexity.
  • Prioritizes to the critical few – focuses on what matters most.

    • Self-Aware

  • Reflects on activities and impact on others.
  • Proactively seeks feedback about shortcomings.
  • Admits mistakes and gains insight from experiences.
  • Knows strengths, weaknesses, opportunities, and limits.

    • Pioneering

  • Comes up with useful ideas that are new, better, or unique.
  • Introduces new ways of looking at problems.
  • Can take a creative idea and put it into practice.
  • Encourages diverse thinking to promote and nurture innovation.
  • Anticipates and adopts innovative digital and technology applications.

    • Agile

  • Learns quickly when facing new situations.
  • Experiments to find new solutions.
  • Takes on the challenge of unfamiliar tasks.
  • Extracts lessons learned from failure and mistakes.
  • Bounces back from setbacks and failure.

    • Gilbarco Veeder-Root represents the leading brands of solutions and technologies that provide convenience, control, and environmental integrity for retail fueling and adjacent markets. In 2002, the Gilbarco and Veeder-Root companies combined into one marketing brand, with distinctive and complementary business lines, services, and sales capabilities. Veeder-Root is the world's leading supplier of automatic tank gauging and fuel management systems and one of the few companies in the industry to design, manufacture and service its own products; supplying and integrating the broadest range of new and proven technologies to reduce cost of ownership, enhance environmental integrity, and improve performance and profitability for petroleum marketers and commercial fueling enterprises worldwide.

    Vontier is a $3B global industrial technology company focused on smarter transportation and mobility. Our five operating companies—Gilbarco Veeder-Root, Global Traffic Technologies, Teletrac Navman, Matco Tools, and Hennessy Industries—are united by a powerful purpose: mobilizing the future to create a better world. Our portfolio of trusted brands includes market-leading expertise in mobility technologies, retail and commercial fueling, fleet management, telematics, vehicle diagnostics and repair, and smart cities. Vontier's pioneering solutions advance safety, security, efficiency, and environmental compliance worldwide.

    Energized by our shared purpose and values, we have a strong culture shaped by a deep organization-wide commitment to inclusion, diversity, and equity (ID&E) and corporate responsibility. Eight vibrant global employee resource groups serve as powerful focal points for connection, community, and advocacy, and we actively support community causes through Vontier Cares. We offer flexible remote and in-person, open-space work options.