Accountant: TAX at Premier FMCG (Pty) Ltd

Purpose of the job:

Responsible to manage the company’s tax portfolio and ensure compliance (i.e tax compliance and tax accounting/reporting).  Keep abreast with the latest legislative changes to identify and mitigate potential tax issues/risks. The tax manager will act as an adviser on all aspects of the company’s tax position and as key point of contact on any tax matters.

Responsibilities:

• Prepare annual income tax returns for all SA legal entities within the Premier Group.
• Calculating and submitting provision tax returns.
• Perform the IT14SD reconciliation when filing the annual income tax return.
• Manage tax year-end accounting processes for the Premier Group and ensure accurate calculation of income- and deferred tax accounting entries for the company and preparing supporting schedules for disclosure purposes in the group consolidated financial statements.
• Preparation of monthly VAT returns and ensuring refunds are received timeously from SARS.
• Liaising with SARS during the monthly VAT verification process.
• Preparation, submission and payment of monthly withholding tax returns.
• Preparation and submission of the annual country-by-country reporting requirements for Premier Group as a Multi-National Entity Group. (i.e. Master File and Local File)
• Preparation and submission of annual carbon tax returns and ensure timeous payment of carbon tax.
• Update the annual carbon tax licenses with SARS as and when required.
• Advising the business on any new proposed tax legislation and assessing the potential impact to the business. (i.e. Sugar beverage levy, VAT rate change, limitation on assessed loss utilisations etc.)
• Filing and paying of dividend withholding tax returns and security transfer taxes.
• Engage with tax authorities in SADC countries from time to time to assist the foreign subsidiaries in resolving audit queries.
• Advising the business on various local and international tax implications that impact the business, including providing guidance to the business on appropriate transfer pricing methodologies for cross border transactions with related parties.
• Roll-out of training to business to ensure input VAT are captured accurate on transactional level.
• Keeping up to date with new IFRS being published and determining the tax effect on the Group
• This role will also entail some accounting functionalities from time to time.
• Prepare working papers for disclosure notes for the Group Consolidated Financial Statements

Qualification Requirements    

• CA (SA)                                                                 
• MCom Taxation 

Experience Requirements    
Experience:

• FMCG industry experience 
• 1 – 4 years post-article experience with the major portion of experience working in a tax department or tax consulting position       

Key Outputs    

• Technical job-related knowledge
• International Financial Reporting Standards (IFRS)
• Income Tax Act
• VAT Act
• International Tax (Withholding taxes and transfer pricing)
• Carbon Tax Act

Job Related Skills:

• Advanced Excel skills
• Ability to work independently, self-starter and self-motivated
• Ability to work in a fast-paced environment
• Ability to build strong relationships internally as well as with external service providers
• Accurate and attention to detail
• Communication skills
• Writing skills to respond appropriately to revenue authorities
• Organised and focussed

Other Requirements:

• Might be required to travel from time to time (very limited)
• Ability to work under pressure to meet deadlines

Closing Date: 19th, July 2022