Graduate Management Trainee - Tax

• University degree in a business-related field from a recognized university
  
• Currently pursuing ACCA or CPA qualification, having attained at least Level II
  
• 1 year of relevant experience.
  
• Recent graduates are encouraged to apply.
  

TAX COMPLIANCE

• Preparation of tax paid schedules to be used to settle the taxes payable for the period
  
• Ensuring compliance to tax regulations and law of filling the returns by due dates to avoid the penalties and interests charged for non-compliance.
  

TAX RECONCILIATIONS

• Preparing reconciliation of tax ledger control accounts, balance sheet substantiation of tax related accounts and tax journals.
  
• Reconciliation of all payments booked i.e reinsurance, commission, supplier payments and claims vs the WHT deductions
  
• Reconciliation of EFRIS sales vs the sales that have been booked in the accounting system, identification of any variances that have to be resolved with the IT Team.
  
• Work with the Financial reporting team to ensure timely reconciliation of reinsurance receivables vs WHT that has to be remitted.
  
• Follow up all the outstanding credit notes to ensure that these are approved by the clients.
  

TAX REPORTING

• Half year & Full year reporting: Review of year and full year tax packs that are prepared by Reporting accountants before submission to Head of Tax.
  
• Update of the tax payments in the reporting payments system.
  
• Ensure that the Tax Risk Management Schedules are timely updated and all tax attestations are rightly populated.
  
• Drafting quarterly income tax and deferred tax computations for review by the Head of Tax.
  

TAX RISK AND ISSUES MANAGEMENT

• Maintaining tax risk and issues tracker for all the issues identified.
  
• Identification of Root causes of tax issues and implementation of mitigation measures.
  
• Timely escalation of key tax risks and issue identified to the Head of Tax
  

Tax Planning and Process improvement

• Developing strategies to minimize tax liabilities while adhering to legal requirements. This may involve analyzing financial data to identify tax-saving opportunities