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Software engineer
- Location
- San Francisco
- Type
- Full time
- Compensation
- $150k-$200k
- Posted
- 2 days ago
Join a team building useful software. Work closely with engineering and design to turn new ideas into products.
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Senior Manager - Direct Tax and Risk Management.Finance
- Type
- Full time
- Posted
- 11H AGO
About the role
Education:
- BCom Honours degree with a Higher Diploma in Tax or equivalent
- CA (SA) advantageous. Articles at a top 5 audit firm will be an advantage.
Experience:
7+ years tax experience
5+ years in tax strategy implementation, planning support, and project management
Senior management track record of 5 years or more; with at least 3 years in relevant sector/
Previous experience working within a Tax Department in a corporate environment is an l added advantage
- Worked across diverse cultures and geographies advantageous
- Experience working in a medium to large organization
Experience working in a global/multinational enterprise (understanding emerging markets advantageous)
Familiarity with Tax Compliance & Reporting tools
1. Mission/ Core purpose of the Job
To independently handle all direct tax compliance for MTN SA in addition to providing key inputs to the Head of Tax with respect to tax related issues. To legally minimise tax liabilities through informed application of tax laws and regulations.2. Context (Global influences, environmental / industry demands, organisational mission etc.)
Highly dynamic and fluctuating Telecommunications industry
Highly competitive market with new and established competitors
Fast moving industry
Legislative changes
Changes in the global GSM and ICT market affects developments in future revenue environments
Interdependency of systems and the need to understand other systems
Changes in the business, will impact on the business plan, processes, and reporting
High cross-functional dependency to deliver timeously
Compliance requirements from MTN Group for the various disciplines that include planning, reporting, commissions management and revenue accounting and assurance
3. Key Performance Areas: Core, essential responsibilities / outputs of the position (KPA's)
Strategy Implementation
Keep abreast of global and local best practice as it relates to tax laws
Contribute towards the formulation of the direct tax strategy and ensure alignment and adherence to Group tax guidelines and principles
Drive efficiency and cash generation to optimise tax burden in line with the tax risk strategy.
Tax Planning and Tax Controversy
Identify and explore tax opportunities deriving from changes in tax laws or business opportunities
Optimise tax planning for MTN SA within the legislative framework
Implement and drive tax planning by negotiating with external and internal stakeholders
Address and resolve tax related queries from SARS relating to direct tax
Conduct reviews of contracts for direct tax impacts and advise business units on best way to structure contracts to minimise risks for MTN SA and maximise tax efficiency
Ensure that all MTN SA makes use of all available tax incentives
Actively participate on National Treasury discussions with the aim of lobbying for legislative changes favourable to MTN SA
Direct Tax Compliance
Prepare tax returns and provisional tax computations for MTN SA group of companies
Monitor processes to identify risk areas that may lead to penalties
Pro-actively identify and highlight potential tax risk areas and provide recommendations to resolve
Review the integrity of the data submitted to SARS.
Oversee the compilation of MTN documentation to ensure that MTN SA is in compliance with statutory requirements
Identify key taxation related non-compliances and report to management on a timely basis
Track, monitor and follow up on tax compliance
Transfer Pricing and Tax Risk Management
Proactively engage with business to identify new transactions with Transfer Pricing risk
Monitor and report on tax risks and disclosures to stakeholders, including MTN Group Tax
Ensure that all transactions with offshore connected parties are benchmarked timeously in compliance with Section 31 of the Income Tax Act and OECD guidelines
Identify, monitor and report on direct tax risks with MTN SA group of companies
Ensure that MTN SA’s tax strategy on direct tax is aligned with MTN Group strategy
Continuously update MTN SA tax policy and tax procedures for new business processes
Provide internal tax advisory services and support on business operations matters to business unit leaders
Stakeholder Relationship
Develop and maintain an effective working relationship with the SARS, relevant members of the business and functional teams, other members of the tax team and external service providers
Work with external service providers in relation to any of the above, as and when necessary
Maintain a good working relationship with clients to enhance customer satisfaction and work with client management and staff at all levels to perform tax services
Adhoc, operational and tactical meeting
Set up / contribute in adhoc and operational meetings
Participate and provide input into tactical meetings
Report at process and functional level
Escalations
Manage and resolve complex escalations that have impact on critical path of service delivery
Escalate issues that will result in significant time, scope, employee / customer or cost impacts if not resolved
Manage and provide solutions to issues that require formal resolution
Performance
- Review performance against agreed KPIs and compliance to SLAs
Create and monitor plan for continuous improvement
Review performance of teams
Reporting
Monitor and report on tax status compared to tax planning
Prepare and Consolidate tax reports for the Audit Committee of the various South African Operating Companies
Prepare monthly tax calculations and periodical tax calculations for forecast and budget processes.
Ensure usage of the automated tax process using TRCS and other relevant systems for reporting purposes as directed by Group Tax.
Compute complicated deferred tax computations
Prepare Effective Tax Rate reconciliations periodically
4. Job Requirements (Education, Experience and Competencies)
Education:
- BCom Honours degree with a Higher Diploma in Tax or equivalent
- CA (SA) advantageous. Articles at a top 5 audit firm will be an advantage.
Experience:
7+ years tax experience
5+ years in tax strategy implementation, planning support, and project management
Senior management track record of 5 years or more; with at least 3 years in relevant sector/
Previous experience working within a Tax Department in a corporate environment is an l added advantage
- Worked across diverse cultures and geographies advantageous
- Experience working in a medium to large organization
Experience working in a global/multinational enterprise (understanding emerging markets advantageous)
Familiarity with Tax Compliance & Reporting tools
