Accountability

Tax Compliance and Planning

• Responsible for general tax compliance work – tax computations, PAYE, WHT, VAT , Excise duty and payment of Corporate tax installments
• Responsible for all reconciliations on all tax accounts and reporting to internal management and external stakeholders
• Responsible for implementation of appropriate and optimal tax operational procedures
• Responsible for development and implementation, of global transfer pricing and international tax planning policies
• Responsible for tax planning advising the bank on the optimum tax structures, corporate re-structures investment policies and employee compensation restructuring.
• Responsible for performing tax due diligence in new product development and providing business functions with relevant tax advice
• Ensure that all tax payments are made on time

Key Stakeholder Management

• Manage the relationship with external tax advisors and BIA
• Maintain close relations with the, Tax Authorities and the Central Bank and other applicable Regulatory Bodies
• Maintain close relations with Group Head of Tax and ensure alignment with Absa Africa Tax Objectives
• Maintain Relationship with Functional heads

Risk Management Control and Compliance

• Understand the appropriate Group and RoA Policies & Standards applicable to role.
• Understand risks and risk events (incidents) which are faced in the role thereby contributing to the adherence to the Group Risk and Control Framework.

Technical skills / Competencies

• Excellent communication skills at all levels.
• Excellent comprehension skills to understand and interpret financial data and economic trends.
• Strong formal presentation skills to gain acceptance to solutions, both internally and externally.
• Interpersonal skills
• Planning and organisation skills
• Ability to think creatively and identify innovative solutions
• Up to date knowledge of all applicable tax laws and some considerable understanding of accounting technical issues (International Accounting Standards/IFRS, etc)
• Strong ability to view issues from a risk & control perspective
• Highly numeric/strong analytical and problem-solving skills
• Drive to continually improve processes and seek new challenges
• Ability to work well under pressure, working accurately with attention to detail, and meeting deadlines
• Demonstrated ability to maintain and enhance relationships with contractors and staff

       in order to achieve work goals.

• Skills in forecasting, budgeting and analysis of variances.
• Strong customer focus (internal and external).
• Strong communication skills and interpersonal skills to effectively translate ideas, concepts and information

Knowledge, Expertise and Experience

• Detailed understanding of the objectives of Absa Africa and how they are translated to financial objectives.
• Thorough knowledge of the banking products/services offered, as this will determine the accounting treatment in the books of the bank.
• Knowledge in Bank’s strategic objectives and systems
• Relevant first degree and Accounting professional qualification
• Significant practical experience in a Senior Tax role
• Experience on Tax compliance in a financial institution
• Demonstrated ability to manage, motivate and develop a team and effectively work with other staff
• Technical and practical skills in tax compliance
• Knowledge of the Bank’ procedures and processes
• Up to date knowledge of VAT, WHT and Income Tax

Education

Higher Diplomas: Financial Sciences (Required)