Officer, Tax

Job Details
Group Finance: Budgeting and forecasting, creating interim and annual financial statements, facilitating internal mergers and acquisitions, as well as dealing with analysts and investors.
Job Purpose
Preparation and submission of monthly, quarterly and annual taxation returns in accordance with the various taxation statutes.
Payment of resultant tax.
Key Responsibilities/Accountabilities
Preparation and submission of monthly, quarterly and annual tax computations and returns, including installment tax in accordance with the various taxation statutes. Preparation and submissions of various reports requested by Group tax monthly, quarterly, and annually or on adhoc basis.
Responsible for tax accounting which includes preparing deferred tax calculations, effective tax rates and provisioning movements commentaries.
Preparing tax related disclosures in the financial statements.
Making all tax payments when due. (VAT, WHT, Corporate Tax)
Monitoring business unit compliance with the VAT, Excise duty Act and Income Tax Act.
Provide first line of taxation support to the business units.
Custodian of the company’s permanent tax file.
Ensuring that all tax records and correspondence are appropriately maintained and filed.
Implementing and monitoring compliance with the Group’s Uniform Tax procedures.
New and existing product evaluation to determine taxation impact.
Custodian of the Bank’s transfer pricing policy. Responsible for ensuring that policy is up to date and appropriate agreements and approvals are in place to ensure compliance.
Optimisation of the Bank’s taxation expense, by identifying areas of tax savings.
Improve taxation knowledge within the Bank through communication and tax training where appropriate.
Managing intercompany income billing.
Substantiate all tax accounts.
Involvement in the budgeting process and the tax impact on the budgeted numbers.
Review advise and reply to assessments and reassessments.
Build relationships and interact with the KRA officers, external advisors and auditors.
Evaluate and advise on tax implications of alternative business decisions
Preferred Qualification And Experience
Bachelor’s degree in a relevant field (Law/Commerce/Accounting/Business Administration(BBIT)/Mathematics or equivalent.
ACCA/CPA (K)
Minimum 3 years’ experience in an audit and/or controls role.
2 years’ experience in a financial institution ( areas of working experience would be Financial reporting, payments, reconciliations and controls, risk, internal audit and tax.
Knowledge/Technical Skills/Expertise
Good understanding of all applicable taxation law, rules, regulations and commissioner’s guidelines and public notices.
Understanding of Regulator Prudential Guidelines in Kenya and South Sudan
Good computer skills (Excel, PowerPoint, Outlook and Word).
Working knowledge of accounting software. (Knowledge of SAP, T-24 will be an advantage.)