Job Purpose / Summary: The tax accountant position is accountable for the collection of tax-related information, advising management on the tax impact of various corporate strategies and doing tax compliance.
Key Roles:
Devise tax strategies to defer or eliminate tax payments
Complete required tax reporting in a timely manner
Prepare and update tax provision schedules
Coordinate audits by various taxation authorities
Research and correct process errors that caused incorrect tax filings
Negotiate with tax authorities over tax payment issues
Research the basis for tax positions to be taken
Advise management regarding the tax impact of corporate strategies
Advise management on the impact of new laws on tax liabilities
Coordinate outsourced tax preparation work
Assist in tax review of contracts
Prepare estimated tax payments.
Perform year-end accrual review and prepare the tax provision.
Prepare various countries income tax computations including deferred tax and Income Tax returns.
Prepare/Review other various tax filings: Withholding Tax, VAT, PAYE, Excise Duty etc.
Keep abreast of current developments in the tax area.
Assist in financial planning and analysis.
Identify and mitigate tax risks
Other duties as assigned
Behavioral Competencies & Education Qualifications:
The candidate should have:
Thorough knowledge of the East African tax practice and tax legislations plus have an awareness of constantly emerging issues.
Proficiency in ICT.
A high level of proficiency in KRA’s iTax platform.
Excellent oral and written communication skills.
Excellent presentation skills.
Excellent organizational and prioritization skills.
A high level of accuracy and a keen attention to detail.
The willingness to learn and accept guidance from others for personal improvement.
A high ethical and professional standing.
Pro-activeness and a strong focus on the delivery of set targets.
Ability to be creative and bring new ideas to the role and function.
A positive attitude and passion to excel.
Ability to work in a team.
Educational Qualifications:
The following are the required educational/professional qualifications.
Bachelor’s degree in Accounting or Business from a recognized institution
CPA (K) or ACCA certification
Minimum of 5 years post qualification experience.
Previous experience with an audit firm will be an added advantage
Fluency in English, able to effectively communicate orally and in writing.