Tax Specialist at Industrial Development Corporation

Qualification and Experience

Qualifications:

•  LLB or CA (SA)
•  Higher Diploma or Masters in taxation is desirable
•  Admission as an Attorney is essential 

Knowledge and Experience:

• A minimum of 8 years’ post-article experience in the financial services industry mainly on tax advisory
• 2-3 years working experience in the banking and finance/DFI (restructuring, turnaround & business rescue) space is essential 

Roles and Responsibilities

• Act as technical consultant/specialist to IDC Department Heads on equity and loan deal structuring and other related tax matters
• Provide proactive input into the company’s financing group tax planning initiatives and evaluating the impact of new financing and projects on the IDC financing group
• Formulate tax strategy proposals and draft discussion papers for consideration by the IDC Committees focused on optimal usage of the IDC group’s tax base
• Act as technical consultant on cross-border equity and loan deal structuring specifically with regards to investments in Africa
• Liaise with investigating staff and discuss tax implications of non-standard financing agreements
• Prepare briefs and liaise with external tax experts with regards to obtaining of tax legal opinions
• Advise on Transfer pricing issues for the IDC and its subsidiaries
• Review changes in taxation legislation and court interpretations and report on implications
• Review submissions to be presented to Committees and Board for tax efficiency
• Advise IDC Departments and clients to make effective use of DTI and other tax incentives
• Assist the IDC with restructuring of its investments
• Assist in negotiations where complex tax structures exist to avoid risk and ensure tax efficiency
• Liaison with the external auditors for year-end procedures

Job Requirements

LEADERSHIP COMPETENCIES

• Leading & Supervising
• Resilience
• Decisiveness in Execution
• Team work
• Communication and Engagement
• Diverse Stakeholder Management
• Strategic Thinking
• Business Mindset
• Influence