Tax Analyst at Momentum Metropolitan Holdings Limited

Role Purpose    

• Responsible for ensuring that all tax-related obligations for the company’s Investment and Saving solutions are correctly interpreted, implemented, monitored, and reported. This role ensures full compliance with SARS, FATCA, CRS and other regulatory requirements, and acts as the subject-matter expert for tax matters across product development, pricing, administration, reporting, and system changes.

Requirements    

• BCom (Tax), BCom (Finance), BSc Actuarial Science, BCom Information Systems, or equivalent
• SARS Practitioner enrolment is advantageous
• Certificate in FATCA/CRS compliance is advantageous
• 7-10 years relevant experience

Strong knowledge of:

• SARS reporting requirements (IT3 series, IRP5/IT3a, BRS)
• FATCA and CRS legislation
• Product tax rules (Section 29A, retirement fund tax rules, TFSA legislation, CGT, income tax implications, CIS)
• Understanding of life insurance product structures and tax wrappers.

Strong business analysis abilities:

• Requirements gathering
• Process mapping
• Functional specification writing
• Testing and data validation

Experience with:

• SQL/data extraction
• Large datasets used for tax reporting
• Product admin systems and financial services data architecture

Duties & Responsibilities    

SARS Regulatory Reporting:

• Manage end-to-end IT3(b), IT3(c), IT3(s), IT3(e), IT3(t) reporting processes for all investment and saving solutions.
• Oversee generation, validation, and submission of client tax certificates (IT3s, IT3b, IT3f, IRP5/IT3a).
• Ensure correctness of data mappings for tax fields in product systems, admin platforms, and data warehouses.
• Manage SARS BRS changes and ensure annual updates are implemented on time.
• Maintain documentation and testing for SARS schema changes and enhance submission quality controls.
• Ensure Metropolitan meets all SARS deadlines to avoid penalties and interest, and that all payments and tax files (PAYE, IT3B/F/S/A, CSVs) comply with the latest tax regulations.

FATCA & CRS Compliance:

• Act as the central liaison between the Product team, Compliance, and Operations for FATCA and CRS obligations.
• Own classification logic for entity vs individual, tax residency, and reportable account segmentation.
• Validate FATCA/CRS extracts before submission to SARS.
• Maintain due-diligence rules in accordance with OECD guidelines.

Product Taxation Expertise:

• Provide tax technical guidance across:
• Retirement annuity funds
• Preservation funds
• Life & Living annuities
• Endowments (5-year restriction, 30% rule, growth taxation)
• Tax-free investment accounts
• Investment-linked policies (ILPs)
• Collective Investment Schemes
• Evaluate impacts of tax law changes (Budget Speech, Taxation Laws Amendment Bills).
• Ensure product documentation (minimum disclosure documents, brochures, T&Cs) reflects accurate tax treatment.
• Assist with tax-related queries from both internal and external clients, including SARS.
• Business Analysis & Systems Integration:
• Translate regulatory tax requirements into functional specifications for IT.

Partner with IT to design, test, and implement:

• Tax logic
• Data flows
• Exception reports
• Client output templates
• Perform end-to-end UAT for tax-related enhancements and year-end tax changes.
• Oversee tax-related defect resolution and regression testing across product systems.

Governance, Controls, and Audit:

• Maintain the Tax Control Framework for product-related tax reporting.
• Prepare documentation for internal audit, external audit, and regulatory inspections.
• Ensure accurate retention of source documents and reconciliation processes for all tax submissions.
• Implement controls to detect and prevent under-reporting or mis-
• Enable client-centricity within the area of responsibility:
• Provide authoritative, expertise and advice to clients and stakeholders in respect of all tax related matters.
• Build and maintain relationships with clients and internal and external stakeholders, eg. ebTax, Group Tax and SARS.
• Contribute to the process of negotiating objective and realistic service level agreements, monitor appropriateness and recommend adjustments.
• Deliver on service level agreements made with clients and internal and external stakeholders to ensure that client expectations are managed.
• Make recommendations to improve client service and fair treatment of clients within area of responsibility.
• Participate and contribute to a culture which builds rewarding relationships, facilitates feedback and provides exceptional client service.

Effectively lead team (People):

• Build strong relationships through providing specialist know-how and leadership to others, expressing positive expectations.
• Continuously develop own expertise in terms of industry and subject matter development and application thereof in an area of specialisation.
• Positively influence and manage change and offer specialist support where required.
• Contribute to continuous innovation through the development, sharing and implementation of new ideas and involvement of colleagues and staff.
• Participate and contribute to a culture of work centric thinking, productivity, service delivery and quality management.
• Take ownership for driving career development.
• Contribute to financial controls and planning (Finance):
• Implement and provide input into tax processes, systems and legislation within the area of specialisation.
• Identify solutions to enhance cost effectiveness and increase operational efficiency.
• Escalate unresolved policy and governance compliance issues via appropriate channels for investigation and resolution purposes.
• Provide input into the risk identification processes development and communicate recommendations in the appropriate forum.

Competencies    

• Business Acumen
• Client/ Stakeholder Commitment
• Drive for Results
• Leads Change and Innovation
• Motivating and Inspiring Team
• Collaboration
• Impact and Influence
• Self-Awareness and Insight
• Diversity and Inclusiveness
• Growing Talent

Closing Date    

• 2026/05/25