International Tax Specialist

3 weeks ago

Sandton, South Africa Absa Bank Limited Full time

Bring your possibility to life Define your career with us
- With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary

To take full responsibility for the development and maintenance of tax reporting processes for Absa Africa by compiling monthly, quarterly and annual financial reports & tax computation for internal and external users and by completing statutory returns timeously and accurately

**Job Description**:
Accountability: Financial and management reporting
- Manage the completion of tax runs of Absa Africa business units or functional areas, by running the various reports to confirm that all bulk runs were done and accounted for; compile the tax consolidation as required.
- Reconcile employer submissions to source system and actual bank payments and take corrective action where necessary. These submissions include the:

- Reconcile Retirement Deferred Annuities (RDA) and clients withdrawals to the EMP201 and take corrective action where necessary
- Reconcile monthly EMP201s to the EMP501 returns and take corrective action where necessary
- Reconcile IT88 submissions to source documentation and actual bank payments and take corrective action where necessary
- Reconcile ITA88 submissions to source documentation and actual bank payments and take corrective action where necessary
- Reconcile Dividend Withholding Tax (DWT) submissions to source system and actual bank payments and take corrective action where necessary
- Reconcile I-Tax reports to actual payments to the South African Revenue Service (SARS) or other relevant tax authorities and take corrective action where necessary
- Reconcile Bank Recon system reports to the various tax payments to ensure all amounts are accounted for and take corrective action where necessary
- Reconcile the tax SAP ledger accounts to source system
- Refine the reporting process by constantly adapting systems and procedures to enhance workflow, making it more time efficient
- Maintain templates used by the Bank Recon, Administration systems and other systems
- Use systems and templates which include the Excel based tax packs and consolidations, Absa Africa Excel based tax base forecasting template, SAP and SARS e-filing to ensure compliance (IRP5, IT3a and IT3c)\
- Check and/or co-sign all outputs relating to Tax with the Manager: Finance & Administration in accordance with Absa Africa tax policy

Accountability: Tax compliance
- Complete and/or review all tax returns and submissions to SARS (or other relevant tax authorities) ensuring that the submissions agree to source systems and documentation
- Follow up on all submissions to SARS (or other relevant tax authorities) to ensure they were duly received
- Assist with the preparation of the AIMS Nominees tax return (bi-annually)
- Review tax assessments and lodge objections and/or appeal on behalf of the Bank when necessary
- Arrange and/or monitor tax payments to and/or request refunds from SARS (or other relevant tax authorities)including those done on behalf of the Bank by designated intermediaries
- Follow-up on all payments made and assist with all client queries relating to tax authority payments. Also update the relevant reconciliation with each payment
- Review and sign-off of tax returns in relation to supporting documents, schedules and annual financial statements as prepared by colleagues
- Provide relevant tax authorities with reconciliations and explanations as and when requested
- Manage the preparation of yearend tax certificates by liaising with the IT department on the generation of tax data and co-ordinate the testing of the tax data with LISP Operations
- Manage the transactions that are included in each tax certificate and keep these up-to date with any changes
- Ensure the tax certificate layouts are kept up-to-date
- Accountability: Networking
- Establish and maintain effective relationships with Absa Africa Finance in providing accurate tax numbers for reporting purposes on a timeous basis
- Act as the liaison between AIMS and Absa Group Tax on all pertinent issues
- Establish and maintain a good relationship with all the Absa Africa subsidiaries by providing tax support
- Establish and maintain effective relationships with relevant stakeholders by providing tax support (i.e. providing tax knowledge, advice, etc.)
- Establish and maintain effective relationships with the auditors by providing workings, supporting evidence, documentation, and explanations
- Establish and maintain effective relationships with relevant tax authorities by ensuring compliance with relevant local Tax Law
- Provide tax training to Absa Africa staff when required- Knowledge & Skills: (Maximum of 6)
- Knowledge of tax laws in general and investment, retirement fund and insurance related in

  • Specialist: Audit

    1 month ago

    Sandton, South Africa HR Genie Full time

    Our Client a leading organization is seeking 2 Specialist: Audit (International Tax) to join their team in Woodmead north. They offer stability, growth, excellent salary along with excellent benefits and a great working environment. About the Position An exciting opportunity is available for a forward thinking, self-motivated and dynamic specialist to...

  • Ops Specialist: Audit

    1 month ago

    Sandton, South Africa HR Genie Full time

    Our Client a leading organization is seeking a Ops Specialist: Audit (International Tax)to join their team in Woodmead north. They offer stability, growth, excellent salary along with excellent benefits and a great working environment. About the Position An exciting opportunity is available for a forward thinking, self-motivated and dynamic specialist to...

  • Assistant Tax Specialist

    1 month ago

    Sandton, South Africa Discovery Ltd. Full time

    **Business Unit**:Discovery Central Services**Function**:Tax**Date**:11 Mar 2024**Assistant Tax Specialist** **Key Purpose of the role**- **Areas of responsibility may include but not limited to** - Assist in researching the tax consequences of business transactions to ensure compliance with the Income Tax Act, VAT Act and Tax Administration Act. - Assist...

  • Tax Specialist

    3 weeks ago

    Sandton, South Africa Isisekelo Recruitment Full time

    Our Client based in Sandton, an Accounting, Auditing & Tax Consulting is currently looking for a Tax specialist this is a hybrid position.Key duties would include but not limited to: Registering all tax typesSARS payment arrangementsSubmission of objections and appeals with SARSManage and submit SARS audits and reviewsPrepare tax paymentsSubmit and track tax...

  • Assistant Tax Specialist

    3 weeks ago

    Sandton, South Africa Discovery Ltd. Full time

    Business Unit:Discovery Central ServicesFunction:TaxDate:11 Mar 2024Assistant Tax SpecialistKey Purpose of the role-Areas of responsibility may include but not limited to Assist in researching the tax consequences of business transactions to ensure compliance with the Income Tax Act, VAT Act and Tax Administration Act. Assist in the monthly monitoring of...

  • Tax Specialist

    3 weeks ago

    Sandton, South Africa Discovery Ltd. Full time

    **Business Unit**:Discovery Central Services**Function**:Tax**Date**:28 Mar 2024**TAX SPECIALIST** **About Group Tax** - The Group Tax Department is responsible for the Tax Strategy of Discovery. This encompasses the following functions: - Responsible for tax planning, compliance, reporting throughout the group - Provides technical advice to business to...

  • Senior Consultant- International Tax

    3 weeks ago

    Sandton, South Africa BDO South Africa Full time

    BDO Johannesburg has a vacancy for a suitable qualified and experienced International Tax Senior Consultant or Assistant Manager. You will be part of the International Tax and Transfer Pricing team; you will inter alia be responsible for: Project involvement: Act as a point of contact within the firm, for the client together with the director. This will...

  • Senior Specialist: Tax

    2 weeks ago

    Sandton, South Africa Absa Bank Limited Full time

    Bring your possibility to life! Define your career with us - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary The...

  • Tax Specialist

    3 weeks ago

    Sandton, South Africa Discovery Ltd. Full time

    Business Unit:Discovery Central ServicesFunction:TaxDate:28 Mar 2024TAX SPECIALISTAbout Group Tax The Group Tax Department is responsible for the Tax Strategy of Discovery.This encompasses the following functions: Responsible for tax planning, compliance, reporting throughout the group Provides technical advice to business to ensure compliance with existing...

  • Senior Consultant- International Tax

    3 months ago

    Sandton, South Africa BDO South Africa Full time

    BDO Johannesburg has a vacancy for a suitable qualified and experienced International Tax Senior Consultant or Assistant Manager. You will be part of the International Tax and Transfer Pricing team; you will inter alia be responsible for: Project involvement: Act as a point of contact within the firm, for the client together with the director. This...

  • Senior Specialist: Tax

    3 weeks ago

    Sandton, South Africa Absa Bank Limited Full time

    Bring your possibility to life Define your career with us With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job SummaryThe role...

  • Snr Tax Specialist

    3 weeks ago

    Sandton, South Africa Discovery Ltd. Full time

    **Business Unit**:Discovery Central Services**Function**:Tax**Date**:20 Jun 2024**Tax Manager (International Tax)** 1) Take full responsibility to ensure that all tax reporting requirements for the International Function are met. 2) Monitor the Group International tax strategy and as new transactions unfold make recommendations to business leadership in...

  • Assistant Tax Specialist

    2 weeks ago

    Sandton, South Africa Discovery Ltd. Full time

    **Business Unit**:Discovery Central Services**Function**:Tax**Date**:30 May 2024**Assistant Tax Specialist** **Key Purpose of the role**- **Areas of responsibility may include but not limited to** - Resolve tax administration matters for the SA group - Analyzing financial data and preparing informational reports, schedules and dashboards. - Assist in the...

  • Assistant Tax Specialist

    3 weeks ago

    Sandton, South Africa Discovery Ltd. Full time

    Business Unit:Discovery Central ServicesFunction:TaxDate:30 May 2024Assistant Tax SpecialistKey Purpose of the role- Areas of responsibility may include but not limited to Resolve tax administration matters for the SA group Analyzing financial data and preparing informational reports, schedules and dashboards. Assist in the review of VAT packs for the SA...

  • Senior Tax Manager

    3 weeks ago

    Sandton, South Africa Absa Bank Limited Full time

    Bring your possibility to life Define your career with us With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary The role...

  • Group Tax Manager

    1 month ago

    Sandton, South Africa CA Financial Appointments Full time

    I have an excellent opportunity for an experience Group Tax Manager providing essential support to the Group Tax Executive. Oversee and manage tax affairs for individual companies in the assigned region. Offer advice, ensuring compliance with tax obligations and meticulously reviewing the work undertaken by the Regional team for accuracy and efficiency....

  • Head: Tax Cib

    3 weeks ago

    Sandton, South Africa Absa Bank Limited Full time

    Bring your possibility to life Define your career with us With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job SummaryHead of Tax...

  • Specialist Africa Tax Risk

    4 weeks ago

    Sandton, South Africa Absa Bank Limited Full time

    Bring your possibility to life! Define your career with us - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary To...

  • Specialist: Audit

    3 weeks ago

    Sandton, South Africa HR Genie Full time

    Our Client a leading organization is seeking 2 Specialist: Audit (International Tax) to join their team in Woodmead north. They offer stability, growth, excellent salary along with excellent benefits and a great working environment.About the PositionAn exciting opportunity is available for a forward thinking, self-motivated and dynamic specialist to ensure...

  • Tax Risk Management

    1 month ago

    Sandton, South Africa Absa Bank Limited Full time

    Bring your possibility to life! Define your career with us - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job...