Specialist: Debt Management (Business Rescue) at The South African Revenue Service (SARS)

Job Purpose

• To conduct in depth financial interrogation, analysis and assessment of all debt related Business Rescue plans, applications and related issues for the Large Business & International Division.
• The ideal candidate is an individual that can offer sound technical advice to all team members and act as the ‘’go-to’’ member in the team. Influencing policies and procedures, as well as being the catalyst for driving a learning culture that ensures when disputes arise, there are minimal setbacks.
• The successful candidate is somebody that will drive quality standards within the team, that includes but is not limited to reviewing of Business Rescue plans and overseeing SARS’ Voting Interests in Business Rescue proceedings.

Education and Experience

Minimum Qualification & Experience Required

• Bachelor's Degree / Advanced Diploma (NQF 7) in Accounting, Financial Management or Taxation AND 8 to 10 years experience in a Collections or Recoveries environment, of which a minimum of 3 years is at operational specialist level.

OR

• Senior Certificate (NQF 4) AND 15 years’ experience in a Collections or Recoveries environment, of which a minimum of 3 years is at operational specialist level.

Minimum Functional Requirements

• 8 to 10 years' experience in a Collections or Recoveries environment, of which 3-4 years at operational specialist level.
• Possession of Legal or Law certification or qualification – advantageous.

Job Outputs:

Process

• To monitor, track and control the effectiveness of query resolution.
• Validate and refer business rescue case details against records available
• Facilitate, analyse and review all Business Rescue plans within the set timeframes.
• Provide in depth financial support to committees and stakeholders to enable sound decision making.
• Provide in depth financial interrogation and analysis on the income streams and forecast within Business Rescue plans.
• Analyse all financial statements to determine the viability of Business Rescue plans.
• Conduct risk analysis to determine the impact on the organisation.
• Obtain and analyse the required information/ evidence in terms of financial requirements, policies and procedures.
• Analyse and make recommendations about improvements to specialist systems, procedures and associated area's practice.
• Contribute to the optimum utilisation of org. resources, advising on effective planning and development of area of specialisation resource plans.
• Develop a single practice area in alignment with operational activity and procedural frameworks and ensure tactical implementation.
• Draw on own technical or professional expertise, knowledge & experience to identify & recommend tactical solutions to defined problems in practices.
• Integrate business information, compare, analyse & produce reports to identify trends, discrepancies & inconsistencies for decision making purposes.
• Optimise goal achievement through tactical strategy implementation and optimisation of practises, processes & systems across an internal value chain.
• Plan for value-added, continuous practice & system improvements to deliver on objectives to enhance tactical implementation and excellence.
• Proactively identify interconnected problems, determine its impact and use to develop best fit alternatives; best practice implementation solutions.
• Translate top down policy in relation to own practice area and communicate impact to relevant stakeholders.
• Recommend changes to optimise processes, systems, practice area and associated procedures and execute the implementation of changes and innovation.

Governance

• Develop and/or align governance and compliance policies for own practice area to identify and manage risk exposure liability.

People

• Maintain professional interaction and ensure ethical dealings with clients at all times by constantly building customer relationships.
• Enable a culture where information regarding successes, issues, trends and ideas are actively shared between team members.
• Drive own performance & provide specialist support & advice to achieve specified objectives against required targets, deadlines and quality standards.
• Integrate new knowledge and transfer skills attained through formal and informal learning opportunities in the execution of your job.
• Provide specialist know-how, support, advice and practice thought leadership in area of expertise.

Finance

• Adhere to specified standards, policies and procedures to prevent wastage on resources and escalate associated risk.
• Implement and monitor financial control, management of costs and corporate governance in area of specialisation.

Client

• Provide authoritative, specialist expertise and advice to internal and external stakeholders.
• Participate in the specialist practice community and contribute positively to organisation knowledge management.
• Develop & ensure implementation of a practice that builds service delivery excellence & encourage others to provide exceptional stakeholder service.

Behavioural competencies

• Fairness and Transparency
• Analytical Thinking
• Accountability
• Conceptual Ability
• Stakeholder Engagement and Management
• Resilience
• Problem solving and Analysis.
• Honesty and Integrity
• Trust
• Respect
• Attention to Detail
• Commitment to Continuous Learning
• Organisational Awareness
• Building Sustainability

Technical competencies

• Functional Policies and Procedures
• Reporting
• Financial Analysis and Reporting
• Tax Knowledge
• Tax Compliance Auditing
• Business Knowledge
• Efficiency improvement
• Debt Management
• Governance, Ethics and Values
• Risk Identification
• Forensic Auditing

Compliance Competency

• GOC Confidential