Manager Tax Payments and Returns at MTN

Mission/ Core purpose of the Job

The Manager Tax Payments and Returns is responsible for ensuring compliance to Group Companies Law with SARS (or relevant Tax authority) administrative requirements, including timely and accurate submissions in respect of Corporate Tax, PAYE, STC, CGT, monthly VAT Returns, Income & Deferred Tax computations, annual Income Tax returns, and provisional tax returns, in accordance with Finco’s company policies, procedures and contractual obligation and relevant tax legislation.

Key Performance Areas: Core, essential responsibilities / outputs of the position (KPA's) 

Strategy Development and Implementation

• Input into identifying ways to fine tune procedures and their application with regards to tax returnable
• Input into Tax compliance strategy and framework

Operational Delivery

Tax Operations

• Lead and Manage tax operations and administration activities, including but not limited to, tax filing, remittances, refunds and submissions as per government regulations/authority guidance
• Ensure timely execution of critical tax operations, including:
• Tax filings and related reconciliations
• Compliance to periodic submissions and filings as predicated by the respective Government authorities and regulators.
• Tax payments and refund submissions and receipts
• Ensure downstream processing/accounting for taxes are appropriately executed

Monthly Reporting

• Review of monthly Income & Deferred Tax computations (including review of expense analysis) and Effective Tax Rate recons and VAT Returns
• Review and file all VAT returns.
• Review and post all Tax related journal entries on a monthly basis.
• Ensure all Tax related accounts are reconciled on a monthly basis.
• Prepare and facilitate sign off on Tax related accounts reconciliations
• Ensure that all reconciling items are followed up and cleared timeously
• Review the on-going and the annual Professional fees and Overseas travel analysis and re-invoicing exercise
• Liaise with relevant teams in making final invoice allocation calls.
• Prepare final allocation and re-invoicing calls
• Prepare, analyze and present group tax risk position and on quarterly basis
• Collate and prepare a consolidated register of group-wide tax risk register on a quarterly basis

Interim, Year-end, Budgets and Forecasts Reporting

• Prepare Tax computations for Interim, Year-end, Budgets and Forecasts reporting
• Prepare supporting schedules required for completion of VAT returns, annual and provisional tax returns, and monthly tax computations
• Review of audit files together with all tax supporting schedules for auditors to ensure audit completion within Group deadlines.
• Assist with the review of Annual Financial Statements for Group Finco

General Support/Assistance

• Provide information and supporting documents to Group Tax to resolve any tax queries with SARS (or relevant tax authority)
• Authorise forex orders for international travelers
• Assist the SM with the preparation of Quarterly and Annual SARB (or relevant tax authority) returns where required
• Assist with the review of Annual Financial Statement packs
• Assist with the Business Planning and Budgeting processes where required
• Assist with review of GL journals and GL accounts reconciliations where required
• Assist with preparation of monthly cost analysis reports
• Assist with the review of monthly management accounts

Process and Procedure Effectiveness

• Improve methods of carrying out work through on-the-job concrete experience
• Ensure that workflow continues without interruption
• Resolve all queries timeously
• Administration
• Handle audit queries and provide information to Auditors as required
• General Housekeeping within Tax

Governance

• Operational, Tactical and Strategic Meetings
• Provide input in strategic meetings when required
• Provide inputs into the risk mitigation and controls
• Provide input into the preparation of proposal on change initiatives, policies and procedures

Escalations

• Escalate issues that will result in severe time, scope, productivity, and cost or resource impact
• Provide solutions to escalations that have multiple processes / functions impact on critical path of service delivery

Function Tactical

• Provide input into all projects initiated
• Provide input into establishing objectives, targets and budgets for the function as applicable
• Identify and document key risks, issues and dependencies and set mitigation actions
• Prepare documentation required for sign-off / making decisions regarding tactical changes

Performance

• Ensure execution in alignment with divisional strategy
• Continuous performance monitoring and adjust strategy and actions to deliver targets

Reporting

• Report on a periodic basis relating to progress made within the function and in accordance with the measurement metrics set by the organisation
• Report on an ad hoc basis on specific projects, as required

Job Requirements (Education, Experience and Competencies) 

Education:

• Chartered Accountant (SA), Chartered Institute of Management Accountants or equivalent
• Bachelor’s degree in Finance and / or equivalent Post graduate degree in Finance, Tax and/or equivalent professional qualification (preferred)

Experience:

• At least 5 years experience with manging Tax Operations for head office companies with multi country operations
• 2-3 years experience within a Financial Services/ Fintech company environment especially in Tax
• Experience in ecommerce and electronic payment business is advantageous
• Entrepreneurial spirit, self-driven and ability to motivate others
• Worked across diverse cultures and geographies
• Pan African multi-cultural experience is advantageous

Competencies:

Functional Knowledge:

• Tax Operations
• Tax Reporting
• Tax risk management
• Tax Audit and Compliance
• Withholding Tax
• Corporate Tax
• Tax Disputes, Litigations, Controversy and Negotiations
• Tax leading practices and trends
• GAAP (Generally Accepted Accounting Principles)
• IFRS (International Financial Reporting Standards)
• Stakeholder management
• Project management

Skills

• Analytics and Interpretation
• Strategic Thinking
• Organizational Agility
• Digital mind-set
• Dealing with ambiguity and complexity
• Decision Making
• Conflict Management
• Numerical
• Project Management
• People Management
• Executive Presentation

Behavioural Qualities

• Adaptable
• Complete candour
• Culturally aware
• Emotional Maturity
• Innovation
• Integrity
• Leadership
• Team Player