Principal Accountant (Tax) Job in Kenya - Safaricom

Safaricom Limited is the leading mobile telecommunications company in Kenya.

We are pleased to announce the following vacancy within the Finance Division.
 

Principal Accountant - Tax 
Ref: FIN-PRACC-JAN-2015

In keeping with our current business needs, we are looking for a person who meets the criteria indicated below:

Reporting to the Senior Manager - Tax, the role holder will be responsible for ensuring maximum Tax compliance is adhered to for all key company processes and procedures where applicable

Key Responsibilities

  • Review potential tax exposure points on an ongoing basis to ensure the company is not exposed to penalties for non-compliance or misinterpretation of legislation;
  • Follow up actively with Kenya Revenue Authority (KRA) and Treasury to ensure that proposed amendments to the various Tax legislations do not adversely impact on Safaricom’s business, and where possible, Safaricom’s trading partners by taking an active role in advocacy on telecommunication industry matters;
  • Monitor legislated tax incentives to ensure that Safaricom cash resources are not unnecessarily constrained by payment of taxes which could otherwise have been avoided;
  • Ensure monthly tax liabilities are accurately calculated, tax payments are made and tax returns submitted by the respective due dates, including instalment tax and PAYE;
  • Manage the import duty payment process by ensuring that tax payments are accurately determined in accordance with HS coding of imported goods, all import duty documentation are submitted and payments made directly to KRA’s Customs Services for the account of Safaricom;
  • Handle tax audits and ensure that audit issues are followed up and closed in a timely manner;
  • Ensure monthly reporting schedules are prepared as per timetable;
  • Ensure that tax planning and forecastingreportsare prepared monthly and/or quarterly (as the case may be) and availed monthly, by the 15th in addition to liaising closely with the Business Planning section to provide the best tax estimates for usage by senior management.
  • Prepare the corporate tax computation for purposes of final audited accounts and submission of annual tax returns to KRA by ensuring that input from external tax consultants is kept at a minimal
Minimum Requirements
  • Business related bachelor’s degree from a recognized university;
  • Qualified accountant with CPA (K)/ACCA/CIMA/ACA is a must;
  • 6 years accounting experience of which 3 years should be post qualification experience in finance with specialization in one or two areas of financial accounting i.e. fixed assets, stock accounting, sub-ledger accounting, profit and loss accounting;
  • Working experience in internal and external financial audits and preparing accounts up to final accounts;
  • Ability to quickly implement new Tax legislation and correctly capture accounting implications;
  • Experience in analysis of Cost Centre Reports with the ability to give technical advice to cost centre managers on e.g. Cost Control;
  • Hands on experience working with accounting Systems e.g. Sage, Oracle, SUN system, Hyperion etc
  • Strong analytical skills and a keen attention to details;
  • Self-driven, results oriented, proactive and an ability to work without supervision
If you feel that you are up to the challenge and posses the necessary qualification and experience please send your resume and application letter indicating your experience and why you are the most suitable candidate for the role clearly quoting the job title to the address below. 

The deadline for application is Monday 2nd February, 2015.

The Senior Manager – Talent Acquisition
Safaricom Ltd
Nairobi


Via E-mail to hr@safaricom.co.ke