Specialist: Tax Post

Table of Contents

Specialist: Tax Post

Date: 10-Nov-2022

Location: Stellenbosch, Western Cape, ZA

Company: Capitec Bank Ltd

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We’re on the lookout for energetic, self-motivated individuals who share our passion for service in the banking industry. To be part of the journey, follow the steps below:

1. To see what life at Capitec is all about and complete a short assessment, please click here!

2. Once you have completed the above finalize your application by clicking apply below

Purpose Statement

Provide subject matter expertise to enable and support tax compliance across the group.
Conduct monthly income and deferred tax calculations for financial accounting and group reporting purposes.
Assume responsibility for the 5 funds life tax calculation of Capitec Life.

Qualifications (Minimum)

Honours Degree in Accounting – Financial Accounting or Commerce
Qualified Chartered Accountant (CA)

Qualifications (Ideal or Preferred)

A relevant post-graduate qualification in Tax or Commerce

Experience

Minimum:

4 – 6 years’ post article experience in tax accounting and tax compliance
Financial services experience

Ideal:

6+ years post article experience in tax accounting and compliance

Knowledge

Minimum:

Extensive knowledge of IFRS
South African tax legislation
Financial Services landscape

Ideal:

Tax legislation as it relates to Insurance
IFRS 17 Accounting
Section 29A of the Income Tax Act
SAP experience

Skills

Analytical Skills
Attention to Detail
Decision making skills
Interpersonal & Relationship management Skills
Problem solving skills

Key Tasks and Accountabilities

Tax Compliance:

Review and conduct a critical analysis of monthly VAT returns and variance comparisons
Prepare and deliver provisional tax calculations, income tax returns, security transfer tax returns, dividend withholding tax, IT3 and FATCA/CRS returns within agreed timelines.
Responsible for SARS tax administration (for example registering and deregistering companies on e-filing, managing of users on e-filing and issuing Tax Clearance Certificates for all companies).

Tax Reporting:

Compile and deliver relevant monthly reports on income tax and deferred tax calculations for various companies within Capitec.
Responsible for the preparation of monthly 5 funds life tax computation and related SARS requirements.
Ensure adherence to internal tax policies and procedures including the tax compliance register, tax risk register and new business register.

SARS and other stakeholder engagement:

Respond to and resolve tax related queries from the business.
Liaise with internal and external (SARS and BASA) stakeholders and maintain healthy interactive relationship conducive for collaboration and achievements of objectives.
Liaise with SARS directly to address queries and audits.
Coordinate the collation and exchange of information between Capitec and SARS.
Support the Lead: Tax with educating business stakeholders and team members on taxation principles and processes.