Role purpose:
· To ensure tax compliance is adhered to by complying with tax controls, procedures and processes that are in place to enhance operation efficiencies within the business.
· Ensure that adequate preparations are made for annual statutory audit & other tax audits as required
Key accountabilities and decision ownership:
· Ensure monthly tax returns (VAT, withholding tax, Income Tax and Pension) are prepared and submitted to the Ministry of Revenue within prescribed timelines, including payment of the corresponding tax liabilities.
· Supporting timely reconciliation of tax related GL accounts and collaborate with stakeholders on identified exceptions monthly.
· To support monthly tax computation & adequate reporting with relevant input from all business touchpoints.
· To ensure adequate analysis, compiling and present supporting information required by Revenue Authority periodic information requirements and other audits in collaboration with relevant information sources.
· To support in the reviewing of new business initiatives and scoping any effects on existing transaction tax calculation process and systems set ups.
· Research and respond to tax queries and related projects as assigned with view of tax compliance and optimization.
· Actively participating in projects throughout their lifecycle from design to delivery and subsequent performance tracking and reporting
· Work with and where required, support regular and relevant training for finance staff and business partners to mitigate tax exposures within the control’s environment.
· Proactively advise and support the wider business in providing and coordinating tax advice on the implications of operational transactions and ad hoc projects as required.
· To set up a well-structured process and a digital system of company documents and managing all their files and records in order meet all its regulatory and statutory obligations.
· To support the maintenance of a well-designed centralized registry that supports all the company information resources necessary for tax compliance
· Establish and maintain accurate and reliable databases of documents processed to ensure they are received, captured, stored and retrieved in an efficient and controlled structure.
· To develop a framework and a policy for document information management and supporting procedures to ensure compliance across the business
· To support tax invoices collation and filing as per defined procedure on a monthly basis.
· On a regular basis, to support in setting up training programs on the key business stakeholders in order to build capacity, improve document management awareness and mitigate risks.
· File labelling and entering the file information on a spreadsheet or portal developed to manage document processing
· Maintaining the document handling facilities in required state to support document retrieval, use and maintenance process.
Core competencies, knowledge, and experience:
Business Competencies: -Working with Others
· Consciously takes steps to make the most of every conversation/interaction
· Identifies people’s needs, interests and motives to be able to influence the decisions they make
· Communicates simply to excite and engage people
· Pro-actively adapts own style and approach to build rapport, and work with others more effectively
· Builds and maintains strong relationships and networks
Operational Excellence
· Targets effort and resources on high-value, high impact activity
· Focuses on achieving maximum performance and driving continuous improvement
· Thinks about processes and problems cross-functionally and end-to-end
· Uses knowledge of products, technology, process, systems and policy to solve problems
Creativity and Innovation
· Finds creative ways to exploit opportunities and solve problems
· Takes risks and pushes what is possible
· Experiments with unorthodox approaches
Business Know how
· Uses data and research to make decisions that are competitively and financially robust
· Balances current and future needs
· Thinks and acts like an owner of the business
· Acts in line with legal, regulatory, professional and ethical standards
Working with Change
· Responds flexibly to changing situations
· Manages the business and people aspects of change to drive performance
Project and Program Management
· Defines scope and deliverables in terms of time, cost, quality and business benefit
· Schedules activity and identifies resource needs, dependencies and synergies
· Evaluates progress, mitigates risks and addresses issues
Functional Competencies:
Planning and Control
· Analyses performance trends to determine the health of the business
· Steers business performance by using strategy and external data to help set goals
· Translates strategies into actionable plans that add value via process and operational improvements
· Maintains controls within Financial Systems through setup control and master data management
Accounting
· Prepares, analyses and summarizes financial data to support business operations and delivery statutory information
· Ensures the integrity of processes and systems to record and authorize transactions in compliance with Safaricom accounting policies and regulation
Reporting
· Delivers timely and accurate reports to satisfy statutory and business requirements
· Identifies key performance and variances, and provides recommendations
Treasury
· Advises on funding requirements for the business
Tax
· Delivers filings/reports to satisfy statutory and business requirements.
· Combines expertise and commercial awareness to deliver value added solutions
Education & Experience:
· A bachelor’s degree in business, legal or Accounting & Finance
· Successfully completed a professional qualification (CPA, ACCA or equivalent accounting/tax designation)
· 5 years’ experience in progressive tax finance roles, including tax reporting, compliance, and accounting
· In depth experience and technical knowledge of tax accounting and disclosures for accounting & reporting purposes
· Experience in proactive management of tax matters, keeping up to date with changes in the regulatory environment and dealing with Tax Authorities will be an added advantage.
Financial Responsibility
· Maintaining expenses on landline, business phone and operational budget assigned
How To Apply
If you feel that you are up to the challenge and possess the necessary qualification and experience, kindly proceed to update your candidate profile on the career portal and then Click on the apply button. Remember to attach your resume.
The closing date for receiving applications is December 10 ,2024.