Vacancy at ABSA | Tax and Financial Accounting Manager

ABOUT ABSA

Absa Group Limited is listed on the JSE and is one of Africa’s largest diversified financial services groups with a presence in 12 countries across the continent and around 41 000 employees.

Absa Group Limited is listed on the JSE and is one of Africa’s largest diversified financial services groups with a presence in 12 countries across the continent and around 41 000 employees.

Tax and Financial Accounting Manager We are looking for a highly qualified, self-motivated individual to join our Finance Department.

 

ROLE SUMMARY

The Tax and Financial Accounting Manager will support the financial controller in the effective management of the bank’s corporate income taxes to achieve target effective tax rates. He/she should have expertise in tax laws and regulations, IFRS/IAS and other regulatory Policies within Finance.

The role holder will also be responsible for effective management of the bank’s indirect taxes (WHT, VAT, PAYE, etc.), transfer pricing and international taxation. Managing relationship with tax advisors, regulatory and statutory bodies and regional office teams.

 

ROLE ACCOUNTABILITIES

Responsible for the monthly computation of the Bank’s corporate income and deferred taxes

Ensuring the timely preparation and filing and payment of monthly, quarterly and annual tax returns in accordance with all relevant regulations

Effective maintenance of tax records/documentation in accordance with policy and regulation and ensuring completeness and timely retrieval of records on demand

Effective tax planning in consultation with the Bank’s Tax consultants to achieve and maintain tax efficiency

Monitoring and management of the bank’s transfer pricing activities including identification transfer pricing related activities, maintenance of contemporaneous documentation, maintenance of a compendium of transfer pricing transactions, policy updates and advising the business on transfer pricing implications of activities:

Lead the coordination of Tax audits, health checks and conformance reviews by the Ghana Revenue Authority, internal assurance departments and other regulatory bodies

Monitoring and timely reporting and escalation of existing or potential/emerging tax risk issues through the relevant laid down processes and tools, maintenance and tracking of tax risks and leading the timely and effective closure of open tax issues

Provide tax advisory to the business with support from the Bank’s consultants including the review of new contracts, products and monthly payroll support to HR

Ensure efficient management of the bank’s fixed assets including accurate accounting for fixed assets, tracking and verification and reconciliation of physical assets to register and ledger

Maintenance of models to calculate some required inputs into financial statements.

 

PERSON SPECIFICATION

BSc in Accounting, Finance or related field from a recognized university

Minimum of 4 years’ experience in a finance role in a challenging business environment

Professional Accountancy qualification, other relevant professional qualification or comparable, relevant work experience history

A professional Tax Certification from the CITG or other recognised professional body. Excellent knowledge of Ghana Tax laws

A previous role in a tax advisory or management role in an operation/process intensive area in a challenging business environment will be an added advantage

Good understanding of financial services and knowledge of international financial reporting standards

Knowledge and experience of the Ghanaian Banking market Strong analytical skills as well as a good understanding of the value of financial and non-financial Management Information and its uses.

 

HOW TO APPLY

Interested and eligible persons should submit their application letter with detailed CV via our Career portal by clicking on the link below:

 

APPLY HERE

APPLICATION CLOSING DATE : Ongoing

NB: Only shortlisted applicants will be invited to attend interview.

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