Principal Tax Accountant
Job Description
We
are pleased to announce the following vacancy, Principal Accountant – Tax, in
the Tax Department of the Finance Division. In keeping with our current
business needs, we are looking for a person who meets the criteria indicated
below.
Brief Posting
Description
by complying with tax controls, procedures, and processes that are in place, in addition to identifying and supporting areas of tax planning to enhance operation efficiencies within the business.
Key Responsibilities
Proactively
advise and support the wider business in providing and coordinating tax advice
on the implications of key transactions and ad hoc projects, including related
party transactions.
Identify
and ensure that legislative changes are reviewed and adopted promptly,
including implementation of system changes where necessary.
Manage
relationships with the Kenya Revenue Authority (KRA) and external tax service
providers for tax-related queries and changes in tax legislation specific to
the telecommunication industry.
Research
solutions and risk mitigation for any emerging tax issues across the Group.
Prepare
the Group’s periodic (monthly and annual) accounting (income and deferred tax)
provisions and related financial statement disclosures, including tax planning
and forecasting reports.
Coordinate
with external tax advisors on Kenya corporation tax computations and returns
and ensure timely submissions.
Ensure
monthly tax returns (VAT, excise duty, and withholding tax) are prepared and
submitted to the KRA within prescribed timelines, including payment of the
corresponding tax liabilities.
Manage
payment of customs duties and levies.
Oversight
of PAYE for payroll purposes.
On
an ongoing basis, review the overall management of tax compliance processes
within the Group (tax health check).
Work
with, and where required provide training to the Finance, Support, and
Commercial Functions’ teams to ensure optimization of tax efficiencies and
mitigation of tax exposures within the controls environment.
Qualifications
University
degree in Law, Finance, or business-related fields from a recognized university.
At
least one full professional qualification in accounting e.g., CPA, ACCA, CTA,
or an equivalent.
8
years’ experience in progressive tax finance roles covering tax planning,
reporting, compliance, and accounting, 5 years of which should have been
spent in a professional tax firm.
In-depth
experience and technical knowledge of tax accounting and disclosures for
accounting purposes, including deferred tax and prior year adjustments.
Experience
in proactive management of tax matters, keeping up to date with changes in the
regulatory environment, and dealing with Tax Authorities will be an added
advantage.
Proactive,
confident, and energetic with the ability to work under pressure, tight
schedules/deadlines, and monitor and follow up on all actions taken.
Ability
to collaborate and communicate with confidence and influence diverse
stakeholders.
A
proven team player with excellent communication and interpersonal skills.
How To Apply
