PURPOSE:

• To identify opportunities, plan and offer practical and creative solutions in tax-related matters for benefit of the Group’s overall tax position.

• Formulate group tax policies, standards, guidelines, procedures, processes.

• Develop and manage tax strategy and policy, tax planning assumptions and action plan

• Manage selection process of Tax Consultants for outsourcing tax activities.

• Identify opportunities and plans and offer practical and creative solutions in tax related matters.

• Responsible to legally minimise tax liabilities through informed application of tax laws and regulations.

• Manage tax compliance, reporting, and filing for the Group.

• Establish appropriate system or processes for tax risk management for the Group.

• Manage external tax authorities and consultants locally and lead and coordinate ad-hoc tax-driven business initiatives locally or regionally.

• Provide internal tax advisory services and support on business operation matters to the Group.

MAJOR CHALLENGES:

• Keeping abreast of changing tax legislation

• Skills shortage

• Merging technical aspects of tax with business requirements

• Leadership qualities that help cultivate an environment that is conducive to a high performing culture team, over and above technical accounting competency Complex local and international tax regulation and practice

Minimum Requirements

EXPERIENCE:

Relevant Tax experience at operational and corporate level experience in tax strategy implementation, planning support and project management will be advantageous. With recommended

8-10 years’ experience in Securities and Exchange Commission (SEC) Regulations (Essential/Minimum) Operational

Duties & Responsibilities

Business Performance and Operations

• Share strategic and tactical information with relevant stakeholders to discuss issues, coordinate activities and resolve problems related to execution of company strategy on a scheduled basis
• Keep abreast of new leading practices and risk mitigation in terms of Tax
• Develop and implement tax policy
• Provide expert tax advisory services to operation and growth management of the Group to support decision making
• Recommends tax strategies by researching federal, state, and local taxation issues
• Identifies profitability of potential mergers and acquisitions by analysing tax information; calculating key ratios; identifying areas of tax savings
• Participate in other projects as required
• Support and collaborate with other functions in an effort to better the processes in areas where applicable

Compliance, Governance and Assurance

• Assess, audit and ensure compliance with all tax related statutory requirements across the group
• Ensure all business and tax related operations adhere and comply with corporate governance, statutory, legal and other requirements
• Ensure policies, procedures and reporting are in alignment with legislation
• Manage risk and consequences of non-compliance
• Oversee tax processes for the group of companies

Customer and Client Relationship Management

• Manage internal and external relations, including interface with service providers and applicable Business Unit’s (BU’s) and other functions responsible to ensure that business needs are met
• Facilitate stakeholder engagement forums with tax authorities and other relevant/applicable stakeholders

Financial Management

• Manage accurate and timely tax returns and reporting responsibilities for the Group
• Manage timely review and issue resolution process for all tax liabilities
• Develop and ensure implementation of tax strategy for the Group and its subsidiaries
• Ensure that Tax department budget proposal is compiled and is aligned with the overall finance strategy
• Ensure achievement of business case and cost target

Functional Excellence

• Adhere to functional policies, standards, guidelines, procedures, end- to-end processes, tools, templates etc.
• Assist in standardising, simplifying and improving functional processes, eliminating duplication/bureaucracy.
• Apply functional best practices, promote sharing of best practices/knowledge.
• Assist in the execution of functional excellence initiatives.

Functional Management

• Ensure function adheres to governance, policies, standards, statutory and legal compliance.
• Entrench a culture of discipline.

Group Financial Accounting

• Ensure tax packs prepared in accordance with the specifications of financial reporting department
• Keep abreast with accounting policy changes and liaise with relevant stakeholders to ensure general accounting policies and regulations are executed within designated area

Group Tax Accounting

• Monitor and review Tax department performance achievement and targets, identify and analyse root cause of performance gap
• Develop and execute corrective action plans and resolve operational issues
• Support tax audit and manage relationships with various tax authorities
• Act as the key point of contact and support for our local and regional taxation matters
• Liaise with tax authorities and provide tax audit support for the Group

Internal Business Processes

• Review and approve tax transactions and documents to ensure correct calculation and compliance with applicable tax laws and regulations
• Review monthly and annual tax returns and inter-company transactions of the Group
• Monitor compliance with tax law/accounting rules, advise management on tax issues and ensure tax payments are correctly determined and paid
• Coordinate with business to determine tax impact of significant acquisition, mergers, disposal and borrowings

People Management

• Adhere to group performance management policies and procedures.
• Uphold the culture and values within the function.
• Foster a climate of effective teamwork and unity (High Performing team culture).
• Develop, implement and maintain bespoke taxation talent management development and mentor program that will facilitate improvement of all taxation staff’s competency index Clarify roles/responsibilities and expectations.
• Define individual performance standards, monitor and measure performance, reward and recognise high performance.
• Apply consistent performance and consequence management, take prompt action against non-performance.
• Actively manage talent through regular assessment of employees’ strengths, development needs and development progress.
• Provide ongoing mentoring, coaching and development feedback to employees.
• Manage functional talent pipeline and succession planning process. Promote culture of continuous learning.
• Encourage and empower team to make decisions.
• Embody, translate and entrench the culture and values in function, address behaviours that undermine values.
• Proactively address conflicts, initiate difficult conversations.
• Create an environment of accountability and trust.

Safe and Healthy Work Environment

• Maintain and ensure a healthy environment, safe operations practices, ensuring compliance with all applicable Safety Health and Environmental (SHE) policies procedures in line with set standards
• Encourage a culture that focuses on safety in all activities

Behavioural Alignment

The appointment will be made in accordance with Exxaro’s Employment Equity policy.
If you have not been contacted within 28 days of the closing date of this advertisement, please accept that your application was unsuccessful.