Tax & Regulatory Affair Assistant Manager

TAX & REGULATORY AFFAIR ASSISTANT MANAGER
HR World Ltd on behalf of our reputable client in Banking Industry, we are looking for an experienced tax and regulatory affair assistant manager.

Duties

• Prepare income tax, VAT, Excise and any other tax returns for review and approval before filing.
• Ensure accurate and timely payment of taxes.
• Coordinate financial reporting, prepare monthly analysis and financial reports, assist in the preparation of monthly reporting requirements
• Support the Head of Finance and the Group Tax Team on tax-related research and analysis.
• Review reconciliations of tax GLs, withholding income tax (Resident and Non-Resident) Withholding VAT (resident and Non-Resident) Deferred Tax, Prepaid Instalment Tax, Stamp Duty, Interest on Deposits, Withholding Dividends (Resident and non-Resident), Output VAT and Excise Duty.
• Review journals to streamline the tax GLs.
• Review and ensure correct and timely payment of the monthly taxes (Withholding tax, excise duty, VAT)
• Identify tax planning opportunities and avenues for increased tax efficiency.
• Confirm the expenses for allowable and non-allowable expenses
• Accurate and timely preparation and review of the current and deferred taxes.
• Compute the annual effective tax rate.
• Review of contracts for financial and tax compliance considerations.
• Maintaining a tax tracker on all tax issues arising and make follow-ups and ensure they are conclusively resolved.
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• Follow up with the respective departments to ensure closure of issues raised by the revenue authority.
• Harmonisation of with strategies closing of issues raised by the revenue authority as presented by the consultants and the respective departments.
• Identify tax risks and cost impacts.
• Provide ad hoc tax data and reports as required by various internal departments.
• Participate in a variety of teams to complete special projects that may have tax implications.
• Interact and coordinate requirements and activities with government and external auditors on matters related to tax.
• Prepare reconciliation of tax accounts and maintain supporting documentation.
• Assist with research of issues and monitor changes in tax law.
• Manage external Audits for both TRA and financial statements Audits
• Ensure adherence to TRA Tax Regulations and requirements
  
  

Requirements

• Bachelor’s Degree or equivalent in Accounting, Finance, Economics or Law
• CPA(T) or ACCA finalist

Related Experience

• Minimum 3 years of related experience or work with Audit/Tax Consultancy Firm
  Skills / Knowledge
  
  

Please send your detailed CV for the position to recruitment@hrworld.co.tz
Only shortlisted candidates will be contacted.
Deadline 15th January 2022 before 5pm