Senior Manager - Direct Tax and Risk Management.Finance

2. Context (Global influences, environmental / industry demands, organisational mission etc.)

3. Key Performance Areas: Core, essential responsibilities / outputs of the position (KPA's)

Strategy Implementation

• Keep abreast of global and local best practice as it relates to tax laws

• Contribute towards the formulation of the direct tax strategy and ensure alignment and adherence to Group tax guidelines and principles

• Drive efficiency and cash generation to optimise tax burden in line with the tax risk strategy.

Tax Planning and Tax Controversy

• Identify and explore tax opportunities deriving from changes in tax laws or business opportunities

• Optimise tax planning for MTN SA within the legislative framework

• Implement and drive tax planning by negotiating with external and internal stakeholders

• Address and resolve tax related queries from SARS relating to direct tax

• Conduct reviews of contracts for direct tax impacts and advise business units on best way to structure contracts to minimise risks for MTN SA and maximise tax efficiency

• Ensure that all MTN SA makes use of all available tax incentives

• Actively participate on National Treasury discussions with the aim of lobbying for legislative changes favourable to MTN SA

Direct Tax Compliance

• Prepare tax returns and provisional tax computations for MTN SA group of companies

• Monitor processes to identify risk areas that may lead to penalties

• Pro-actively identify and highlight potential tax risk areas and provide recommendations to resolve

• Review the integrity of the data submitted to SARS.

• Oversee the compilation of MTN documentation to ensure that MTN SA is in compliance with statutory requirements

• Identify key taxation related non-compliances and report to management on a timely basis

• Track, monitor and follow up on tax compliance

Transfer Pricing and Tax Risk Management

• Proactively engage with business to identify new transactions with Transfer Pricing risk

• Monitor and report on tax risks and disclosures to stakeholders, including MTN Group Tax

• Ensure that all transactions with offshore connected parties are benchmarked timeously in compliance with Section 31 of the Income Tax Act and OECD guidelines

• Identify, monitor and report on direct tax risks with MTN SA group of companies

• Ensure that MTN SA’s tax strategy on direct tax is aligned with MTN Group strategy

• Continuously update MTN SA tax policy and tax procedures for new business processes

• Provide internal tax advisory services and support on business operations matters to business unit leaders

Stakeholder Relationship

• Develop and maintain an effective working relationship with the SARS, relevant members of the business and functional teams, other members of the tax team and external service providers

• Work with external service providers in relation to any of the above, as and when necessary

• Maintain a good working relationship with clients to enhance customer satisfaction and work with client management and staff at all levels to perform tax services

Adhoc, operational and tactical meeting

• Set up / contribute in adhoc and operational meetings

• Participate and provide input into tactical meetings

• Report at process and functional level

Escalations

• Manage and resolve complex escalations that have impact on critical path of service delivery

• Escalate issues that will result in significant time, scope, employee / customer or cost impacts if not resolved

• Manage and provide solutions to issues that require formal resolution

Performance

• Review performance against agreed KPIs and compliance to SLAs

• Create and monitor plan for continuous improvement

• Review performance of teams

Reporting

• Monitor and report on tax status compared to tax planning

• Prepare and Consolidate tax reports for the Audit Committee of the various South African Operating Companies

• Prepare monthly tax calculations and periodical tax calculations for forecast and budget processes.

• Ensure usage of the automated tax process using TRCS and other relevant systems for reporting purposes as directed by Group Tax.

• Compute complicated deferred tax computations

• Prepare Effective Tax Rate reconciliations periodically

4. Job Requirements (Education, Experience and Competencies)

Education:

• BCom Honours degree with a Higher Diploma in Tax or equivalent
• CA (SA) advantageous. Articles at a top 5 audit firm will be an advantage.

Experience:

• 7+ years tax experience

• 5+ years in tax strategy implementation, planning support, and project management

• Senior management track record of 5 years or more; with at least 3 years in relevant sector/

• Previous experience working within a Tax Department in a corporate environment is an l added advantage

• Worked across diverse cultures and geographies advantageous
• Experience working in a medium to large organization

• Experience working in a global/multinational enterprise (understanding emerging markets advantageous)

• Familiarity with Tax Compliance & Reporting tools