About Discovery Discovery’s core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery. Our fast-paced and dynamic environment enables smart, self-driven people to be their best. As global thought leaders, Discovery is passionate about innovating in order to not only achieve financial success, but to ignite positive and meaningful change within our society.
Job Purpose
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 and new legislation
- Responsible for tax calculations, tax return submissions, tax accounting and reporting
- Engaging with and managing relationships with South African Revenue Services (SARS)
Key Outputs may include but are not limited to:
- The jobholder’s responsibilities will be to support the deliverables of the team, which include:
- Preparation/review of various tax reporting requirements for the International Tax Function.
- Assist in the preparation of the various transfer pricing documents e.g. Master File, local file, CBC reporting as required across the group.
- Assist in the preparation/review of various section 9D CFC controlled foreign company calculations.
- Maintain excellent relationships with the international subsidiaries in order to understand the impact of taxes in their jurisdictions and enable appropriate reporting thereof.
- Assist in researching and advising business of tax implications for cross border transactions including implications of double tax treaties and consideration of transfer pricing principles.
- Assist in the preparation of Pillar 2 computations and reporting.
- Keep up to date with relevant Income Tax Act and Tax Administration Act and OECD guidelines.
- Provide training on technical corporate or international tax matters to business units as required.
- Corporate Tax- preparation of the income tax computations to assist with interim and year end reporting requirements of the Group.
- Liaising directly with auditors (internal and external) reviewing the relevant subsidiary tax computations and ensuring the correct tax treatment is applied to mitigate any income tax compliance risks.
- Liaise directly with external legal advisors on technical matters as appropriate.
Job / Role Requirements
Work Experience
Required
- 3-5 years experience in a tax department within a large corporate, (financial services is preferable) dealing primarily with local corporate income tax and international tax related matters.
Education / Qualifications / Accreditations with Professional Body
Required
Preferred (would be advantageous)
- Advanced postgraduate qualifications in tax (preferable)
Technical Skills or Knowledge
Required
- Excellent Excel knowledge.
- Detailed knowledge, understanding and application of South African tax legislation, particularly international tax related concepts.
- Knowledge and understanding of IFRS.
EMPLOYMENT EQUITY
The Company’s approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.
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