Snr Specialist: Tax at Liberty Group South Africa

Purpose

• To provide specialist advice and deliver and ensure statutory tax compliance for a specific company or specific tax discipline within the Group and provide tax advice where appropriate.

Minimum Experience

• 3 - 5 years experience in a similar environment, of which 1 -2 years at a junior specialist level

Minimum Qualifications

• Bachelor`s Degrees and Advanced Diplomas [NQF Level 07] in Finance Economics and Accounting

Processes

• To accurately and timeously prepare and/or review and submit income tax and VAT returns and related payments.
• To accurately and timeously prepare/review monthly tax computations and related tax-accounting entries and disclosures for financial reporting purposes in respect of various Liberty group companies.
• To review and reconcile, on a monthly basis, internal tax accounting with SARS statements of accounts.
• To liaise with SARS in resolving any tax controversy matters.
• To review income tax and VAT submissions prepared by Liberty Group business units, where applicable, to ensure compliance by the business.
• To identify and/or review the income tax and VAT processes and controls within the Liberty Group business in order to minimize tax risk.
• To review income tax and VAT submissions prepared by Liberty Group business units, where applicable, to ensure compliance by the business
• To identify and/or review the income tax and VAT processes and controls within the Liberty Group business in order to minimize tax risk
• To formulate and draft tax opinions on the application of tax legislation to new and existing business initiatives, as and when required
• To design tax models that incorporate new business initiatives, as required.
• To assist with ad hoc tax projects as may be required by business
• To continuously advise and provide tax-related training to stakeholders to ensure optimal awareness and competence with regard to new and existing tax requirements.
• To regularly undertake research in order to hone technical skills in order to stay abreast of developments in field of specialization

Skills

• Experience within the life insurance/short-term insurance/financial services/wealth services sector (Essential)
• Communication skills (verbal, written).
• Analytical, interpretation (Tax Law) and able to apply tax principles and professional judgement to various business scenarios
•  Problem-solving skills.
• Able to take initiative, function independently and take ownership and drive tasks/projects from begin to end.
• Interpersonal skills (assertiveness).
• Extreme attention to detail and accuracy.
• Advanced numeracy skills.
• Computer literacy (Excel) (Essential)

Customer

• Ensure own understanding and adherence to customer service delivery and Treating the Customer Fairly (TCF) principles to provide specialist support and guidance.

Finance

• Adhere to specified standards, policies and procedures to prevent potential losses/wastage related to the area of specialisation

Learning and Growth

• Interact proactively with others for the purpose of continuous knowledge sharing,and integration of own new knowledge.
• Contribute positively to own area-specific knowledge improvement associated with area of specialisation

Governance

• Ensure that established accounting standards, procedures and processes are adhered to, in compliance with legislative regulations.
• Comply to set governance and compliance procedures and processes related to an area of work and continuously identify, rectify and escalate risks where necessary