Work-Force
Main Purpose: The Tax Consultant will handle complex financial transactions, contract arrangements, and develop compliance risk profiles across various tax areas. They will engage with taxpayers and traders to assess submissions, validate claims, and raise assessments to optimize service and enhance compliance.
Key Responsibilities:
- Financial Transactions: Manage complex financial transactions and contract arrangements.
- Compliance Risk Profiles: Develop and maintain compliance risk profiles for VAT, PIT, CIT, and Trade Taxes.
- Engagement: Communicate with taxpayers and traders (telephonically, in writing, and through virtual meetings) to:
- Assess submissions and validate claims.
- Establish the commercial substance of documentation.
- Raise assessments as necessary to enhance compliance and service.
- Independent Work: Operate independently with minimal supervision and engage confidently with taxpayers and their representatives.
- Review and Audit:
- Critically review tax returns and information submitted by individuals or companies to identify discrepancies.
- Apply basic principles of forensic tax auditing, using third-party information from sources such as bank accounts, eNatis, and Masters records.
- Regulatory Knowledge: Stay informed about applicable laws and regulations affecting the role.
- Compliance and Monitoring: Observe and report possible violations of regulations, policies, SOPs, and standards of conduct. Escalate issues as necessary.
- Audits: Conduct standard (limited scope) audits to ensure compliance with relevant acts.
- Planning and Organization: Plan and organize work tasks within the area of responsibility and prepare and present submissions to interest and penalty committees.
- Accountability: Ensure delivery of contracted work outputs within agreed parameters, quality standards, and client service targets.
- Assessment Collection: Facilitate the collection of assessments raised and manage objections and appeals.
Qualifications, Knowledge & Experience:
- Education:
- Degree (NQF 7) or Post Graduate Diploma / Honours Degree (NQF 8) in Accounting/Tax or CA qualification.
- Experience:
- 2 to more than 10 years of proven experience in tax consulting/tax compliance.
- At least 5 years of experience at the management level for senior roles.
Skills and Competencies:
- Communication: Excellent verbal and written communication skills.
- Analytical Skills: Strong analytical skills with the ability to identify discrepancies and apply forensic tax auditing principles.
- Regulatory Knowledge: Comprehensive understanding of applicable laws and regulations.
- Independence: Ability to work independently and handle tasks with minimal supervision.
- Organization: Strong organizational skills and ability to plan and manage tasks effectively.
- Problem-Solving: Creative problem-solving abilities and confidence in engaging with taxpayers and their representatives.