Vacancy title:
Head of Tax
Jobs at:
Old Mutual KenyaDeadline of this Job:
Thursday, July 13 2023
Summary
Date Posted: Friday, June 30 2023, Base Salary: Not Disclosed
JOB DETAILS:
Job Description
• Tax leadership in Old Mutual, Faulu and UAP Group which include territories such as Uganda, Tanzania, South Sudan, Rwanda and DRC Congo
• Develop, document and implement tax planning strategies within the group including preparation of key documents on certain tax positions for board approval and adoption
• Provide tax and related guidance to senior management on tax related strategic issues that will benefit the group
• Develop and implement Group sharing model and Transfer pricing documentation for the group
Key Responsibility:
• Offering tax leadership on all tax matters in the combined group in Kenya and subsidiary notably Uganda, Tanzania, South Sudan, Rwanda and DRC Congo scanning on Long term, short term, Banking, Asset management and investment businesses
• Direct all tax compliance matters including coordination, preparation, and review of all monthly, quarterly and annual returns for the group to ensure that at all time the group is compliant
• Advise on the tax effect on introduction or changes in business structure, mergers and acquisition and group transactions and react accordingly with tax planning recommendations.
• Advise on tax efficient ways on business contracts, new product within the group
• Develop and maintain transfer pricing documentation for the group, liaising with the revenue authority and head of transfer pricing for Old Mutual PLC to ensure the document is adequate, relevant and mitigates transfer pricing risks
• Develop, document and present and maintain group cost sharing model that shares the group cost appropriately and is located in the best tax optimal entity
• Working closely with Chief Finance Officer (CFO) on key tax items considerations in acquisitions/ mergers to ensure all the tax items and risk are appropriately considered and mitigated
• Conduct and manage group tax health check in all territories to minimize any tax exposure and put mitigation action in place
• Advise the senior management and the board on changes in tax legislations, new development such as double taxation treaties, case laws that will affect old mutual group
• Developing relationship with Key stakeholders such as tax revenue authorities, Capital market authorities etc with the aim managing any issues within the group
• Research the tax implication for the group expansion in to new territories
• Good tax compliance status in the group including the subsidiaries
• Overseeing the development and review of the monthly and annual tax provision of the group, maintaining all tax accounts including financial statement footnotes and analysis for both internal and external stakeholders
• Resolution of revenue authority tax audit issues for any entity in the group
• Working closely with Old Mutual Africa Head of tax on monthly, quarterly, and annual group tax reporting requirements
• Successful implementation of group share model and transfer pricing documentation within the group
Closing Date
07 July 2023
Education Requirement: No Requirements
Job Experience: No Requirements
Work Hours: 8
Experience in Months:
Level of Education:
Job application procedure
• Interested and qualified? Click here to apply
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