Graduate Intern: Tax and Regulatory
2 months ago
**Job Advert Summary**:
Responsible for Vat calculations. month end income tax calculations, provisional tax, preparation of income tax returns, withholding taxes and preparation of regulatory reporting to the FCSA, PA, NAMFISA, ASISA, NAMFISA and the SARB.
**Minimum Requirements**:
**Education**
- Matric (Grade 12
- B. Com (Honours)
**Knowledge and Skills**:
- Knowledge of the insurance industry an advantage
- Good accounting knowledge and proven track record
- Excellent knowledge of Indirect Tax and Corporate Tax legislation (especially long-term insurance tax)
- Understanding of deferred tax
- Tax calculations and reconciliations exposure
**Duties and Responsibilities**:
**Taxation**:
- VAT calculations and submissions
- Income tax, provisional tax, withholding tax, stamp duty and VAT calculations and submissions
- Preparation of month end tax calculations
- Ensure all relevant tax journals are processed.
- Preparation of deferred tax calculations
- Prepare monthly tax reconciliations
- Attend to SARS and NAMRA queries.
- Liaison with external auditors on all tax matters
**Statutory reporting**:
- Preparation of all reporting templates to regulators to be reviewed as per PPS review delegations. These include Qualitative and Quantitative returns submitted
- monthly, quarterly and annually
- Liaison with external auditors on all matters relating to the statutory reporting.
- Preparation of responses to all queries relating to returns from the regulators.
- Interpretation of all numbers and other disclosures in the statutory reports
- Providing input into the ORSA prepared by Group Risk
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