Tax Clerk at Old Mutual South Africa

Job Description

This role prepares monthly reports on all tax aspects and is responsible for the calculation and payment of taxes as well as submission of all tax returns in a business unit. The incumbent is individually accountable for achieving results through own efforts.

• Calculates and pays taxes.
• Reviews and approves tax payments.
• Prepares monthly reports on all tax aspects.
• Responsible for the completion and submission of all tax returns.
• Prepares tax budgets and forecasts for the business unit.
• Controls the production and distribution of IRP5 certificates and annual SITE and PAYE returns to the tax authorities.
• Replies to or provides input to tax queries received from SARS, and applications to SARS for PAYE / VAT rulings, with support from the tax consultant.
• Determines correct accounting procedures for aspects of the company's flexible remuneration package relating to taxation.
• Keeps abreast of all tax legislation and changes and remuneration policies and practices. .
• Interprets the VAT Act, PAYE and Case Law.
• Provides advice and guidance on minimizing PAYE / VAT liabilities.
• Implements the strategy to minimize tax risk for the organization.
• Monitors PAYE / VAT compliance within business units on a monthly basis and reviews all statutory PAYE / VAT returns.
• Assists with the development and implementation of corporate policy on PAYE / VAT issues and processes.
• Responsible for the production of accounting and taxation schedules.
• Performs data integrity checks on client tax data.
• Ensures tax allocations are completed and certificates are produced when required.
• Produces automated tax returns.
• Ensures tax certificates are issued.
• Reviews and manages tax accounting processes.
• Accountable for reviews of VAT reconciliations, returns, compliance documents and replies to VAT queries from SARS.
• Assists in development and implementation of tax systems planning opportunities for the organization and ensures that all requirements e.g. data flows/reporting are met.
• Assists in developing tax planning opportunities.
• Prepares objections/ADRs.
• Analyses transactions and new products form a tax point of view.
• Advises on tax aspects of transactions and projects undertaken by the organization.

Experience, knowledge & skills required

• BCom or similar
• 2-3 years’ experience in corporate Investment, Treasury & Tax management

Skills

• Direct Tax, Income Taxes, Indirect Taxes, Microsoft Excel, Tax Compliance, Tax Filings, Tax Preparation

Education

• Bachelor Commerce

Closing Date

14 March 2023