Description
This role is responsible for interpreting the various RSA tax acts and assist with the provision of advice and guidance to all business units on minimizing tax risks
The role includes the following responsibilities:
Interprets or assists with the interpretation of the various RSA tax acts and provides advice on minimising tax liabilities/risks. Provides guidance to the business around the interpretation of the VAT, Income Tax and relevant Case Law. Accountable for the Implementation of strategies to minimise tax risk for the organisation. Accountable for seeking and creating Tax saving opportunities and strategies for the organisation and its clients. Ensures or assists with compliance in all aspects of Tax Legislation and maintains a high degree of integrity and credibility with all stakeholders. Accountable for monitoring, assessing and advising on changes to South African Tax legislation in partnership with Group Tax. Provisioning of professional advice and guidance to the organisation on Tax related matters. Evaluating, Developing and implementing Group Corporate policy on Tax and other related business matters affecting Old Mutual International. Setting tax policy for Old Mutual International (OMI). Co-ordinating all tax reports due to group for the compilation of the OMLACSA tax returns and monthly financial and tax reporting requirements. Accountable for reviews of OMI Tax calculations or reports which feed the OMLACSA Tax return as well as OMLACSA provisional returns. Preparation or reviews of compliance documents and replies to Tax queries from SARS or Group Tax. Building Relationships with applicable Tax service provider and OML Group Tax – at Senior Relationship Management Level. Development and implementation of tax reporting systems (automation of tax calculations) for the clients and ensures that all system calculation adhere to tax legislative requirements. Analyses of all new transactions and new products from a tax point of view and ensures that tax implications are implemented correctly. Provision of advice in relation to the tax aspects of transactions and projects undertaken by the organization. Develop best strategies for the historical tax collection projects underway. Reclaiming foreign withholding taxes for the OMI book custodian book of business. Keeps (self and the business) abreast of all relevant tax legislation. Take accountability for any Tax related requirements that the business might have from time to time.
Qualifications and Experience required:
CA (preferable) minimum 3-5 years post article experience or Honours degree in Tax/HDip in Tax. Financial services experience. International tax knowledge and working experience (Advantageous). Working knowledge of 5 funds tax (Advantageous). Experience in managing a team is required.
Skills
Education
Closing Date
14 June 2024
