Tax Risk Management

6 months 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

Accountable to the Head Tax Risk Management - Group Tax (the Head) for the overall management of tax risk of the group. Key responsibilities include supporting the Head by contributing towards the overall tax strategy, the operating model, control design and integration within the Group. The key purpose of this role is to drive the risk strategy of the tax function and manage the risk profile and control environment across the Group. This includes the coordination and development of assurance plans, testing and monitoring processes of the tax environment across various jurisdictions. In addition, carrying out of assurance over Group Tax’s critical processes and risk and control assessments as well as analysing key risk information, identifying tax risk, assessing the control environment and escalation to tax and finance management with remediation plans. Responsible for embedding tax governance and training to drive compliance and adherence to tax law and regulations.

**Job Description**:
Key Accountabilities

Accountability: Driving tax risk management strategy
- In collaboration with the Head of tax risk, contribute, with thought leadership, to the development of the tax risk management strategy in line with overall operational risk strategy.
- Develop and enhance the future of Absa’s tax risk governance and controls to mitigate tax risk.
- Driving the Group’s tax capital adequacy process.
- Driving the development of the tax risk appetite.
- Embedding tax governance in all jurisdictions of Absa’s footprint
- Challenge the completeness, relevance and management of risks associated with the execution of the Group Function’s strategy.
- Improve on tax risk management strategies through exploring and implementation of digitalisation, automation and the standardisation of operating processes.

Accountability: Tax risk governance
- Development and maintenance of Group Tax’s Standards and Policies in collaboration with the second line of defense function.
- Provide in-depth knowledge of the tax risk systems and processes to improve the Group’s tax risk environment.
- Track, perform and monitor training on all Tax risk governance standards.
- Develop appropriate Key Risk Indicators for the Group Function in line with the Group KRI requirements.
- Develop the Group’s tax risk and control library.
- Represent Group Tax in risk committees, where applicable.
- Ensure the function and control environment assessments are timely, effectively completed.

Accountability: Stakeholder Management
- Provide support to the Group Functions team and Business functions to effectively manage Tax Risk.
- Build an effective working relationship with key stakeholders and ensure that risks are reported with completeness.
- Establish and maintain strong relationships with Group Operational Risk community of the Bank.
- Establish and maintain strong relationships with Absa Group subsidiaries and stakeholders.

Accountability: Tax risk reporting
- Responsible for the preparation of Tax risk reports to the relevant governance and risk committees.
- Operational Risk reporting, the risk and control assessments and other risk reporting as required.
- Implementing improved reporting processes to drive efficiencies.
- Responsible for all tax risk reporting to various forums and committees on a frequent basis.
- Responsible for managing the group-wide tax risk forums and committees.
- Drive remediation of tax risks in business by developing action plans to mitigate tax risks.

Accountability: Combined Assurance
- Development of and input into the assurance and conformance testing plans across the group
- Represent Group Tax in combined assurance forums and other risk committees of the Bank.
- Carry out control testing in accordance with the three lines of defense methodology.
- Leverage appropriate systems and controls including assurance methodology to identify, assess, measure, report, control and manage key risks.

Accountability: Participation in internal and external forums
- Represent Absa Group Tax in internal and external Industry forums.
- Driving the Group’s tax risk strategy in relevant forums

Accountability: People management
- Supervise a team to ensure effective daily operations.
- Develop a high performing team by embedding formal performance development and informal coaching. Encourage frequent knowledge sharing between team members.
- Determine development needs for the team and ensure that identified training requirements are budgeted for and executed.
- Establish and maintain a succession plan for the team.
- Assist with the interviewing and recruitment of n

  • Tax Risk Manager: Group Functions and Oversight

    6 months 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...

  • Project Manager

    2 months ago

    Sandton, South Africa Raid Risk Management Full time

    **Job Title**: Project Manager **Company**: Raid Risk Management **Location**: Head Office: Wynberg, Sandton **Site**: South Africa - Must be willing to travel to various locations across provinces **Job Type**: Full-time **Introduction**: Raid Risk Management is seeking an experienced Project Manager to join our dynamic team. In this role, you will...

  • Technical Project Manager

    1 month ago

    Sandton, South Africa Raid Risk Management Full time

    **Job Title**: Technical Project Manager **Company**: Raid Risk Management **Location**: Head Office: Wynberg, Sandton **Site**: South Africa - Must be willing to travel to various locations across provinces **Job Type**: Full-time **Introduction**: Raid Risk Management is seeking a skilled **Technical Project Manager** to join our innovative team. In this...

  • Technical Project Manager

    2 months ago

    Sandton, South Africa Raid Risk Management Full time

    **Job Title**: Technical Project Manager **Company**: Raid Risk Management **Location**: Head Office: Wynberg, Sandton **Site**: South Africa - Must be willing to travel to various locations across provinces **Job Type**: Full-time **Introduction**: Raid Risk Management is seeking a skilled **Technical Project Manager** to join our innovative team. In this...

  • Senior Tax Specialist: Tax Advisory

    3 weeks ago

    Sandton, South Africa Nedbank Head Office Full time

    Job Title: Senior Tax Specialist: Tax AdvisoryJob Summary: We are seeking a highly skilled Senior Tax Specialist to join our team at Nedbank Head Office. The successful candidate will be responsible for providing commercially relevant tax advice and support to the organization, ensuring delivered systems, processes, services, and solutions are aligned with...

  • Tax Specialist

    3 months ago

    Sandton, South Africa IDC Full time

    The tax specialist role exists to provide expert tax advisory services, focusing on tax planning, equity and loan deal structuring, and cross-border investments locally as well as in Africa. The role includes evaluating the impact of new projects, liaising with external tax experts, and ensuring optimal tax strategies for the company. Additionally, the...

  • Executive Assistant to General Manager

    5 months ago

    Sandton, South Africa Raid Risk Management Full time

    REQUIREMENTS: - English or Afrikaans speaking person, well groomed and professional - Matric + secretarial certificate - 3 years relevant experience - Own reliable transport - Strong MS Office skills - Must be confidential, able to multitask and prioritize workload RESPONSIBILITIES: To assist General Manager and provide secretarial and administrative...

  • IT Specialist

    6 months ago

    Sandton, South Africa Raid Risk Management Full time

    Are you a tech-savvy individual with a passion for solving complex IT challenges? Do you enjoy working in a fast-paced environment where your skills can make a significant impact? If so, we have an exciting opportunity for you! As an IT Specialist at Raid Risk Management, you will play a crucial role in maintaining and optimizing our company's technology...

  • Tax Manager

    1 month ago

    Sandton, South Africa Hire Resolve Full time

    Job Title: Tax ManagerHire Resolve's client, a leading logistics solutions provider, is seeking a highly skilled and experienced Tax Manager to oversee and manage all tax-related activities within their organization.Key Responsibilities:Develop and implement tax strategies to minimize tax liabilities and ensure compliance with tax laws and regulationsManage...

  • Tax Manager

    4 weeks ago

    Sandton, South Africa Hire Resolve Full time

    Job Title: Tax ManagerHire Resolve's client, a leading logistics solutions provider, is seeking a highly skilled and experienced Tax Manager to oversee and manage all tax-related activities within their organization.Key Responsibilities:Develop and implement tax strategies to minimize tax liabilities and ensure compliance with tax laws and regulationsManage...

  • Tax Manager

    4 weeks ago

    Sandton, South Africa Hire Resolve Full time

    Hire Resolve's client, a leading logistics solutions provider, is seeking a highly skilled and experienced Tax Manager to oversee and manage all tax-related activities within their organization.As a Tax Manager, you will be responsible for ensuring compliance with all laws and regulations while minimizing tax liabilities.Key responsibilities...

  • Tax Specialist

    4 weeks ago

    Sandton, South Africa TalentCru Full time

    Tax Specialist RoleThe Tax Specialist role is a critical position within TalentCru, responsible for providing expert tax advisory services to drive business growth and minimize risk. This role focuses on tax planning, equity and loan deal structuring, and cross-border investments, both locally and in Africa.Key Responsibilities:Evaluate the impact of new...

  • Tax Manager

    3 weeks ago

    Sandton, South Africa Hire Resolve Full time

    Hire Resolve's client, a leading logistics solutions provider, is seeking a highly skilled and experienced Tax Manager to oversee and manage all tax-related activities within their organization. The ideal candidate will ensure compliance with all laws and regulations while minimizing tax liabilities.As a Tax Manager, you will have the opportunity to work...

  • Tax Specialist

    2 months ago

    Sandton, South Africa TalentCru Full time

    Tax Specialist RoleThe Tax Specialist role is a critical position within TalentCru, responsible for providing expert tax advisory services to ensure optimal tax strategies for the company. This includes evaluating the impact of new projects, liaising with external tax experts, and ensuring compliance with tax regulations.Key ResponsibilitiesEvaluate the tax...

  • Indirect Tax Specialist

    3 weeks ago

    Sandton, South Africa AECI Full time

    Prepare and submit VAT, GST, and other indirect tax returns across various jurisdictions, ensuring accuracy and timely submission in accordance with local indirect tax regulations.Ensure that proper documentation is maintained for all indirect tax filings and payments, keeping accurate and up-to-date records to support audits and reviews.Ensure that the...

  • Tax Specialist

    3 weeks ago

    Sandton, South Africa ENGIE Southern Africa (Prioprietary) Limited Full time

    Requisition ID: 36995- Location: Sandton, Gauteng, ZA**1. POSITION DETAILS** Position Title: Tax Specialist Reports to: ESA Tax Manager Department: Finance Department Period: Six (6) months Fixed Term **Location**: Bryanston **CLOSING DATE**: **28th November 2024** **INTERNAL / EXTERNAL VACANCY** **1. POSITION DETAILS** Position Title: Tax...

  • Senior Tax Manager: Business Development Strategist

    4 days ago

    Sandton, South Africa Nedbank Head Office Full time

    Job Summary:Nedbank Head Office is seeking a Senior Tax Manager to support the achievement of our Tax strategy, objectives and values.About the Role:The successful candidate will provide commercially relevant tax advice and support to Nedbank Group, ensuring delivered systems, processes, services and solutions are aligned.Main Responsibilities:Provide...

  • Partner: Tax

    4 weeks ago

    Sandton, South Africa Fempower Full time

    Company Profile: Join a prestigious and highly regarded professional services firm renowned for its excellence in delivering cutting-edge tax solutions. This dynamic firm specializes in providing comprehensive, innovative, and tailored tax advisory services to a diverse client base, including local businesses, multinational corporations, and high-net-worth...

  • Partner: Tax

    4 weeks ago

    Sandton, South Africa Fempower Personnel Full time

    Company Profile:Join a prestigious and highly regarded professional services firm renowned for its excellence in delivering cutting-edge tax solutions. This dynamic firm specializes in providing comprehensive, innovative, and tailored tax advisory services to a diverse client base, including local businesses, multinational corporations, and high-net-worth...

  • Senior Tax Associate

    5 months ago

    Sandton, South Africa Palesa Mbali Group Full time

    **Purpose of the Role**: This role is for supporting the Director of the firm in rendering Tax Advisory and dispute resolution to Taxpayers. This role involves advising on tax implications of business activities or transactions from a perspective of applicable Tax Acts and structuring for various requirements of clients. Additionally the role involves...