Tax Manager – MultiChoice South Africa at MultiChoice

Key Performance Objectives

Controls, Governance and Policies

• Develop, implement and maintain robust controls, procedures and policies
• Responsible for monitoring compliance with various Tax legislation
• Responsible for monitoring compliance to MCG policies
• Review and implement recommendations to policies
• Ensuring compliance to MCG tax framework
• Assist with providing/collating information to revenue authority queries
• Document all processes and ensure that the relevant controls have been implemented
• Assist with SA CbCR and CFC compliance, including collation of relevant data.

Monthly Activities

• Monthly review and approval of detailed tax computations in accordance with tax legislation for group companies
• Review and approval of monthly tax journals in SAP
• Prepare, review and approval of monthly effective tax rate disclosures
• Timely review and submission of tax disclosures on HFM
• Review of monthly tax cashflow disclosures and submission to the Central Accounting Team
• Review and approval of monthly tax provisions, accruals and contingent liability schedules, ensuring that these reconciles to the respective GL accounts.
• Liaise with finance teams to collate data in relation to taxes incurred
• Monthly review and filing of direct and indirect taxes (including VAT and withholding tax) and verification. Perform reasonability of calculations, analysis of movements in the GL accounts and provide relevant commentary.
• Ensure accuracy, validity, and completeness of payments to revenue authorities
• Review monthly tax returns and supporting schedules for submission to applicable revenue authorities
• Ensure monthly clearing of GL accounts
• Ensure correctness of the tax codes loaded into the ERP systems
• Review and approve of monthly balance sheet reconciliations, ensuring that all reconciling items are adequately explained and cleared
• Perform monthly tax reasonability, analysis and explanation for variances e.g., VAT analysis, effective tax rate, total tax contribution, FOREX analysis, etc.
• Prepare monthly tax dashboard
• Provide guidance on transactional tax treatment
• Provide assistance with the implementation of processes and monitoring of plans
• Conduct monthly Governance meetings with Business Partners

Interim and Year end activities

• Lead preparation of tax/audit packs
• Prepare disclosure for accounting packs and Annual Financial Statements
• Review tax returns
• Review of provisional tax calculations, returns and payments
• Attend to statutory audit queries
• Conduct Receiver of Revenue reconciliations
• Calculate prior year tax adjustments
• Conduct Deferred Tax calculations (Balance sheet method)
• Assist with country-by-country reporting
• Arrange and co-ordinate tax training for tax accountants and finance

General Activities

• Drive the team to ensure accuracy and quality in all deliverables
• Assisting the Senior Manager on strategic projects as determined by the Head of Tax
• Supporting Group Tax on changes in legislation and provide recommendations
• Drive efficiency, streamlining, automation and effective processes
• Consider and understand IFRS implications and impact on tax computations, etc.
• Participate in ad hoc projects that arise on a continuing basis
• Manage Annual Financial Statements tax disclosures for SA
• Attend to business partner queries
• Manage, improve and develop relationships with internal and external stakeholders
• Run with tasks and be proactive in delivery
• Recommend and implement process efficiencies, including implementation of tax controls
• Provide general tax admin services
• Provide various Tax reports

People Management

• Oversee the activities of your direct reports to ensure effective delivery of business unit objectives
• Contribute to developing a high performing team by embedding a formal performance optimisation process and informal coaching
• Encourage frequent knowledge sharing between team members
• Determine and analyse development needs for the team and ensure that identified training requirements are budgeted for and executed
• Interview and recruit new members of the team
• Resolve grievances raised by team members and escalate only if required
• Address poor performance of any team member through the formal Performance Improvement Programme and ensure that continued poor performance is appropriately dealt with
• Motivate team members and ensure that their efforts are recognised
• Work closely with management, to ensure that the requirements for fraud awareness training is timeously identified, developed, rolled out and managed across the business
• Ensure that learning strategies align to business needs and are effectively implemented

Qualifications

• BComm in Accounting
• Tax qualification (HDip Tax/Advanced tax diploma/Masters)
• CA(SA) preferred

Experience/Skills

• Minimum 5 years’ relevant experience in a similar role
• SAP system experience
• Minimum 3-5 years’ people management experience in a similar role