Tax Specialist South Africa: Finance Shared Services at MultiChoice

Reports to: Tax Manager: Finance Shared Services

Direct Reports: None

Division: Finance

Key Customers: Senior Manager: Reporting, Head of Financial Shared Services, Group Tax, Finance

Business Partners

Controls, Governance & Policies

• Responsible for the development, implementation and maintenance of system of robust controls, procedures and policies
• Responsible for monitoring compliance to Tax Acts relevant to Multichoice, including but not limited to the Income Tax Act, Value-Added tax Act, Tax Administration Act, etc.
• Responsible for monitoring compliance to policies
• Review and implement recommendations to policieS
• Ensuring compliance to tax framework
• Assist with providing / collating and review of information in respect of SARS queries
• Documentation of all processes and ensuring that the relevant controls have been implemented

Monthly Activities

• Monthly preparation and review of detailed tax computations in accordance with tax legislation for certain group companies
• Preparation and review of monthly tax journals in SAP
• Preparation and review of monthly tax disclosure in accordance with tax legislation, and submission of disclosures on HFM
• Preparation and review of monthly tax cashflow disclosure and submission to the Central Accounting Team
• Monthly preparation, review and filing of indirect taxes (including VAT & withholding tax) and verification
• Review SARS payments to ensure accuracy, validity and completeness thereof
• Compiling and review of tax schedules for submission to SARS
• Monthly clearing and review of GL accounts
• Preparation and review of monthly balance sheet reconciliations
• Performing and review of monthly tax reasonability, analysis and explanation for variances e.g. VAT analysis, effective tax rate, analysis of tax rate recon
• Preparation, review and presentation of monthly tax dashboard
• Provide guidance on transactional tax treatment
• Assist Tax Manager with implementation of processes and monitoring plan

Interim and Year end Activities

• Preparation and review of tax packs / audit packs
• Preparation and review of disclosure for accounting packs and Annual Financial Statements
• Preparation and review of tax returns
• Calculation and review of provisional tax and payment

  Interaction with external auditors and audit queries, including review of responses thereto

• Preparation and review of Receiver of Revenue reconciliations
• Calculation and review of prior year tax adjustments
• Preparation and review of Deferred Tax calculations (Balance sheet method)
• Assist Tax Manager and Group tax with country-by-country reporting inputs

General

• Assisting the Record to Report Senior Manager on strategic finance projects as determined by the Head of Finance Shared Services
• Assist the tax Manager with Ad hoc projects that arise on a continuing basis
• Analysis
• Attend to and resolve business partner queries
• Manage, improve and develop relationships with internal & external stakeholders
• Able to run with tasks and be proactive in delivery
• Recommendations and implementation of process efficiency
• General tax admin
• Various Tax reports

Qualifications

• BCom & BCom Hons in Accounting – required.
• MCom Tax – advantageous.
• Chartered Accountant or NFQ Level 9 Tax qualification – advantageous.

Experience / Skills required

• Minimum 5 years’ relevant experience in a similar role and/or tax consulting role
• Sound, detailed knowledge and experience in IFRS (including hedge accounting, accounting for FECs, IFRS 9 and IFRS 15) and Taxation rules
• SAP system experience advantageous

• Hyperion Financial Management advantageous
• Advanced excel skills