Group Tax Accountant at AVI Limited

A love for the sea and passion for fishing are the driving forces behind I&J, a leading fishing company and manufacturer of high quality chilled and frozen foods. Almost 110 years old, I&J is the trusted name in seafood, operating a modern and efficient trawler fleet, and continually investing in the training and development of experienced fishing crews, committed to fishing responsibly, with a long-term vision. I&J has achieved and maintained accreditation from the Marine Stewardship Council (MSC) since 2004. I&J is a globally respected supplier of high quality, chilled and frozen Cape Hake and a leading producer of farmed Cape Abalone. It is also one of AVI’s great South African brands. I&J is proudly South African and invests in, and empowers, the communities in which it operates.

An exciting opportunity has arisen for a GROUP TAX ACCOUNTANT at I&J, Head Office, Cape Town. The purpose of this role is to assist the Finance Team with tax reporting requirements and adhoc tax related queries.

Line Manager: Finance Manager – Group Reporting and Taxation

Number of Direct Reports: 0

Job Specification:Key Performance Areas:
Preparation of corporate income and deferred tax computations including tax schedules for month ends, interim, final year end, including SA entities and international entities.

Preparation of journals to account for taxes and full reconciliations.

Preparation of provisional tax calculations including submission to SARS and Namibian revenue services.

Preparation of Group reporting requirements as per head office deadlines.

Compiling yearly income tax returns (IT14TR) for the Group.

Examine IT34 assessments for correctness.

Arrange for payments of all direct and indirect taxes and follow up on outstanding refunds.

Computations of all direct and indirect taxes for budget & forecast purposes.

Tax clearance – Annual request to SARS for the Group, and when needed.

Preparation of monthly VAT calculations and submissions of VAT 201’s on SARS efiling; and arranging payments.

Completion of Dividend withholding Tax returns for the Group and assisting to ensure compliance.

Compiling monthly returns to SARS for diesel rebates.

Preparation of carbon tax schedules and yearly submissions to SARS. Processing in SAP and arranging for payments.

Assist with completion of registration requests for the group (PAYE, VAT, Customs & Income Tax).

Follow up on long outstanding refunds due by SARS.

Assist the divisions with E-Filing queries.

Assist with customs matters across the group and monthly payments to arrange.

Maintain and build relationships with SARS.

Assist with tax and vat compliance projects such as internal reviews.

Keep up-to-date with tax changes and industry trends by participating in educational opportunities, participating in professional organizations, keeping up with professional networks and reading professional publications.

Find tax solutions to complicated tax issues or errors from incorrect tax filings.

Identify legal tax savings and recommend ways to improve profits.

Advise management about the impact of tax liabilities and corporate strategies or new tax laws.

Continuous maintenance and improvement of templates and standard operating procedures.

Updating monthly Tax status reports of the Group and sending out quarterly & yearly reports to the holding company.

Ad-hoc Tax and Finance related assistance on various projects that arise in the ordinary course of business to be deal with effectively and promptly – Assisting all business units across the Group.

SARS e Filing to be checked for any notices or correspondence and feedback to group.

Responsible for all SARS queries, audits and verifications of direct and indirect taxes.

External and Internal audits – responsible for providing tax related schedules, support and answering questions.

Resolving queries from SARS in respect of direct and indirect taxes and attending to ad hoc tax and administrative matters. VAT assistance – provide guidance to other businesses units to ensure legislative and business compliance.

Ad hoc other duties in the finance department with accounting, reporting, preparation of annual financial statements, etc.

Minimum Requirements:
Experience:
2-3 years relevant experience in a similar role with taxation experience

Previous experience in a tax accountant role (including preparation of current tax and deferred tax computations) would be advantageous

Previous experience in preparation of income tax returns, VAT returns, provisional tax returns, dividend tax returns and carbon tax returns would be advantageous

Qualifications:
BCom Accounting degree

SAIPA articles would be advantageous

Additional Requirements:
Advanced Excel skills

SAP advantageous

Knowledge and experience in income tax and deferred tax computations

Knowledge of financial processes

Income Tax Act knowledge

VAT Act

Customs Act

Employees Tax

Proficient in tax systems and experience with ERP systems

SARS e-filing experience

Competencies:
Thinking Analytically

Documenting Facts

Interpreting data

Meeting Deadlines

Attention to Detail

Minimising Risk

Planning and Organising

Keeping Commitments