New Job Opportunity At Absa Bank Tanzania, August 2020- Tax & Reporting Manager| Ajira360tz.com

We’re a truly African brand, inspired by the people we serve and determined to always be brave, passionate and ready so that we can make Africa proud. Absa Group Limited is listed on the JSE and is one of Africa’s largest diversified financial services groups with a presence in 12 countries across the continent and around 42 000 employees.

Our group owns majority stakes in banks in Botswana, Ghana, Kenya, Mauritius, Mozambique, the Seychelles , South Africa (Absa Bank), Tanzania (Barclays Bank in Tanzania and National Bank of Commerce), Uganda and Zambia. We also have representative offices in Namibia and Nigeria, as well as insurance operations in Botswana, Kenya, Mozambique, South Africa, Tanzania and Zambia

JOB VACANCY

JOB TITLE: Tax & Reporting Manager

Location: Absa House, Dar Es Salaam

Job Summary

To plan, manage and monitor the implementation of tax related activities and processes in order to deliver on approved operational plans in an effective and efficient manner.

Job Description

Duties and Responsibilities:

1. Reporting:

▪︎ Quarterly reporting through consolidation of all entities rolling up into ABSA Bank Group Limited (consolidated) as well as AAGL consolidated

▪︎Providing tax disclosure for ABSA Bank Group Limited (consolidated) as well as AAGL consolidated

▪︎ Monitoring and consolidation of future tax relief and providing disclosure for Annual Financial Statement purposes

2. Advisory:

▪︎ Provide advice on day to day income tax matters as and when required.

▪︎ Attend and assist with tax related queries received from business.

▪︎ Manage external professional service providers on tax matters when applicable.

3. Compliance:

▪︎ Tax accounting of AAGL and its subsidiaries, as well as the Absa Bank subsidiaries with the view to assess the Effective tax rate (ETR).

▪︎ Complete and/or review and assist with the lodgement of tax returns (annual income tax and provisional tax) with regards to the portfolio of companies. This includes CFC returns and provisional tax returns where applicable.

▪︎ Ensure withholding taxes are effectively managed and tax credits appropriately treated.

▪︎ Update database with payments made to tax authorities and monitor tax status of portfolio.

▪︎ Support African subsidiaries (BBM & NBC) with tax issues.

▪︎ Assist and support business with compliance related matters (e.g. Tax Clearance Certificates etc.) o Assist with tax forecasts.

▪︎ Attend to SARS queries and assist with VDP’s.

▪︎ Maintain and enhance the existing relationship with SARS personnel

4. Training:

▪︎ Provide training and tax presentations to the relevant business areas on the current tax legislation and updates on changes to the legislation.

5. Innovation:

▪︎ Developing and delivering innovative tax planning ideas when required.

▪︎ Develop good working relationships with the tax teams within the group.

▪︎ Manage and develop relationships with the key business areas and the group.