Senior Tax Accounting Specialist - Brackenfell at Shoprite Group of Companies

Job Objectives

• Processing of corporate income tax calculations (South Africa and various non-RSA group companies).
• Processing all corporate income tax return submissions and reconciliations of tax accounts for various non-RSA group companies.
• Processing administration related to withholding taxes (including dividends, interest and technical fees) of RSA and non-RSA Group entities.

Processing, preparing and reviewing quarterly, half year and year-end including but not limited to:  

• Corporate income tax calculations for all Group companies in order to ensure compliance?with IFRS.
• Corporate deferred tax calculations for all Group companies?to ensure compliance?with IFRS.
• Tax impact on items of a capital nature that impact headline earnings per share and provide input to the Group Finance team (example: headline earnings per share - for all company codes). 
• Hyperinflation tax effect (checking journal posting accuracy). 
• Hyperinflation tax effect (items of a capital nature). 
• Tax effect of inter-company long term loans. 
• Tax effect of forex on lease liabilities for application of hedge accounting. 
• Tax effect of unrealised forex - cumulative total.
• Review of tax disclosure - ZAR forcing translation entries, tax rate recons (other exempt income and non-deductible expenses) deferred tax recons, deferred tax breakdowns, tax losses, long term loan forex split.
• If relevant to the portfolio: Calculation of the Group transfer pricing calculations (including the review of interest etc.)
• If relevant to the portfolio: Processing of taxand transfer pricing journals ontheSAP and BPCsystems. 

Qualifications

• BCom Hons or equivalent – essential.  
• Tax qualification, Charted Accountant (CA) – preferred. 

Experience

• +3 years’ experience in a similar role - providing specialised corporate tax review and advisory services (or in a similar specialised financial tax orientated role),in a multi-stakeholder portfolio with internationally distributed locations and demonstrable

exposure to:  

• Internal financial controlsand risk matrices (IFCs) – audit;  
• IFRS, AFSs,corporate income tax calculations, deferred tax,transfer pricing, consolidation and foreign currency translations – essential.  
• Dealing with revenue authorities, auditors and other Group Finance orientated stakeholders. 
• Exposure to FMCG retail sector in a Group wide cross-functional structure – preferred.