- Sandton
- Salary: Market Related
- Job Type: Permanent
- Sectors: Accounting Banking Finance
- Reference: 2226440
Vacancy Details
Employer: Nedbank Head Office
Job Family
Career Stream
Leadership Pipeline
Manage Self Profession (MSP)
Job Purpose
To support the achievement of the Tax strategy, objectives and values by providing commercially relevant tax advice and support to Nedbank Group and ensuring delivered systems, process, services and solutions are aligned.
Job Responsibilities
- Provide advisory and review services to ensure accurate reporting, implementation and adherence to the necessary processes and controls.
- Provide advisory services to identify and quantify tax risks within clusters related to significant transactions.
- Approve new products by reviewing and assessing the tax risk/benefit associated with it.
- Identify tax savings and tax planning opportunities.
- Responsible for planning; tracking and monitoring activities of tax related projects to ensure that project goals/objectives are accomplished within the prescribed time frame; agreed quality and funding parameters.
- Ensure data integrity by providing advice on system changes and configure system to cater for tax legislation changes.
- Ensure data integrity and completeness through interrogation and analytical review.
- Reduce risks and ensure compliance by reviewing tax returns.
- Resolve Internal and External Audit issues and findings.
- Develop and design tax rules for systems.
- Identify possible risk areas through compliance tracking.
- Build trusting and collaborative professional relationships within own department and across clusters
- Ensure legal compliance and reduce reputational risks or financial loss by attending to stakeholder queries (e.g. SARS, SARB etc.)
- Understand stakeholders' needs in order to provide value added and timeous technical advice and service through ongoing consultation.
- Consult with external advisors to obtain advice on uncertain tax positions.
- Increase awareness and compliance through communication and training to business on legislative changes, processes and policies.
- Influence changes in legislation by providing comment to National Treasury.
- Represent Nedbank at industry bodies and lobby for tax legislation changes and ensure that Nedbank is aligned
- Ensure continuous development with relevant knowledge to stay abreast with developments in Tax compliance/Advisory and reporting in line with specialist skill.
- Improve personal capability and stay abreast of developments in the Tax field by identifying training courses and career progression for self through input and feedback from managers.
- Ensure personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning activities are completed, experience practiced and certifications obtained and/or maintained within specified time frames.
- Enable skilling and required corrective action to take place by sharing knowledge and industry trends with team and stakeholders during formal and informal interaction
- Obtain buy-in for developing new and/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.
- Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).
- Participate and support corporate responsibility initiatives for the achievement of business strategy
- Seek opportunities to improve business processes, models and systems by identifying and recommending effective ways to operate and add value to Nedbank.
Essential Qualifications - NQF Level
- Professional Qualifications/Honour’s Degree
Preferred Qualification
- Law with specialisation in Tax /or Accounting/or Tax
Minimum Experience Level
- 3-6 years experience
Technical / Professional Knowledge
- Business administration and management
- Business principles
- Financial Accounting Principles
- Governance, Risk and Controls
- Relevant regulatory knowledge
- Management information and reporting principles, tools and mechanisms
- Relevant tax and legal knowledge
- Tax law
Behavioural Competencies
- Earning Trust
- Collaborating
- Initiating Action
- Work Standards
- Managing Work
- Technical/Professional Knowledge and Skills
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About Nedbank Head Office
Money may be our backbone, but excellence is our culture. And diversity, our true driving force. We believe in creating a working environment that enables our people to help us bring our values to life. And to do so, we don’t just aim to acknowledge our differences but to celebrate them as the very mix we need to continue being the difference that enhances lives beyond banking. For this reason, our people are very important to us… Every single one of them in the financial, technological, legal, administrative, creative, hospitality or operational space. Each one of them, is our mirror. They are our reason to want to do better. And our reminder that we are in the service of others. Nedbank’s culture is embedded on values that promote accountability, a strong focus on meeting client needs, and on building a positive brand image.
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