Job Description

Job Description To provide tax reporting, system and operational support in relation to various tax regulationsPrevent wastage and identify process improvements to contain and reduce costsBuild working relationships across teams and functional lines to enhance work delivery, collaboration, and innovationPlan for value-added process improvements, initiatives, and services to deliver on operational strategy and objectives and review outputsMaintain expert knowledge on relevant legislative amendments, industry best practices and provide advice to relevant stakeholdersMaintain up to date knowledge of local and global trendsEnsure that corporate actions and other tax related matters are reviewedEnsure that the data used is reviewed and feeds into SARS reporting requirementsEnsure compliance to legislative and audit requirementsAssist Team Lead in legislative interpretation and business process improvementDisplay adequate knowledge and understanding of the reporting criteriaAdhere to FRG framework of Governance and Tax Risk PoliciesUnderstand all tax regulatory reporting to SARS, required of a financial institutionUnderstand the different corporate actions that take place in financial markets and how they should be reported under IT3Understand the different financial products offered and the differing reporting requirements of each i.e., IT3B, IT3C, IT3S, EMP201, EMP501, DWT, WTIUnderstand the Foreign Account Tax Compliance Act (FATCA) and the Common Reporting Standard (CRS) business as well as what is required of their responsible area to ensure that effective business processes are in place to achieve compliant reporting and be proficient in testing and submitting FTI returnsEnsure successful SARS and UAT submissionsUnderstand the rules and regulations regarding TFSA Ensure the correct and systematic use of dataUnderstand the product and reporting requirementsAssess own performance through seeking timely, and clear feedback and request training where appropriateUnderstanding of trust tax and the operation of a third party IT3D and IT3T reporting to SARS.Basic understanding of international taxes