Job Title: Assistant Accountant – Tax
Hiring Organization: Techno
Brain
Location – Locality: Nairobi
Location – Region: Kenya
Industry: IT
Job Type: Full
Time
Salary: KES
Date Posted: 05/15/2024
Key Responsibilities
- Overseeing
the entire tax management process, including calculations and timely
execution of tax payments such as VAT, WHVAT, WHT, Reverse VAT, and
corporate taxes.
- Monitoring
VAT refunds by tracking the status of VAT refunds and initiates the
submission of refund claims promptly when applicable.
- Addressing
regulatory requests by ensuring timely responses to information requests
from the Kenya Revenue Authority (KRA).
- Coordinating
audits and compliance by facilitating any KRA audits and reviews related
to compliance.
- Examining
and reconciling withholding VAT certificates received during the month
with customer accounts on a timely basis.
- Monthly
reconciliation of VAT, WHT, and WHVAT returns with the General Ledger
(GL), and provides explanations for any discrepancies to management.
- Assisting
in Corporate tax computations.
- Supervise
tax-related accounting procedures across all aspects impacting our
business.
- Support
Financial Closures during month-end and year-end tax closing procedures
for the purpose of the company’s financial reporting.
- Provide
assistance for the statutory tax audit and subsequent filing of annual
income tax returns with the Kenya Revenue Authority (KRA).
- Prepare
and verify that tax filings VAT, PAYE, withholding taxes, corporate income
tax and statutory contributions are accurate and are filed before the
statutory due dates.
- Ensure
tax compliance with the relevant regulators and become an expert in local
tax law to ensure optimal planning.
- Serve
as lead liaison with the tax authority.
People
Management & Leadership
- Providing
leadership and guidance to a team of graduate accountants monitoring their
performance and quality of work.
- Motivating
and coach the team to operational success.
- Consistently
promote high standards and ensure each team members understand expected
standards and behavior.
Client
Engagement and Management
- Develop,
manage and maintain strong mutually beneficial relationships with external
stakeholders e.g. tax authorities etc.
Qualifications
- Bachelor’s
degree in accounting, Finance, or related field; Master’s degree or
relevant tax certification is a plus.
- Certified
Public Accountant (CPA) or Chartered Accountant (CA) certification.
- At
least 5 years of progressive experience in accounting, or finance field;
(with at least a minimum of 1 year in a Tax Accountant position.
- Experience
as a Tax Accountant in the oil and gas industry, with a strong
understanding of Kenyan tax regulations and their application.
- Strong
computer skills, including proficiency in Microsoft Excel and accounting
software and experience using financial systems e.g., ERP systems.
- Knowledge
of GAAP, IFRS, and other relevant accounting standards.
- Proficiency
in Kenyan tax laws, including VAT, Corporation Tax, and customs and excise
duties specific to the oil and gas sector.
- Experience
with transfer pricing documentation and compliance.
- Strong
analytical skills with the ability to interpret complex financial and tax
data.
- Excellent
communication skills to interact with internal teams, external partners,
and tax authorities.
- Detail-oriented
approach to managing tax documentation and records.
- Ability
to work collaboratively in a team environment and adapt to changes in
regulations and industry practices.
- Governance
and Operational Risk Management
- Accountability
for role specific duties and responsibilities as defined in various
Company Guidelines and Policies:
- Standard
Operating Procedures (SOPs)
- Accountabilities
and Delegated Authorities Matrix
- Business
Requirement Document (BRD)
- Performance
Management Policy
- Risk
Management Policies and Procedures
- HR
Policies and procedures
- Code
of Conduct and Ethical Practice.
How To
Apply
Please
email your CV to recruitment@technobrainbpo.com
indicating the position applied for. Only shortlisted
candidates will be contacted.
