JOB PURPOSE
The Tax Accountant is responsible for managing the company’s tax compliance, reporting, and planning activities. Ensure that the company meets all statutory requirements and collaborates with internal and external stakeholders to minimize tax risks exposure and optimize tax efficiencies.
MAIN RESPONSIBILITIES OF THE JOB
● Prepare and ensure timely submission of all tax returns (VAT, Corporate Tax, WHVAT, WHT) in compliance with Kenyan tax laws.
● Liaise with the Kenya Revenue Authority (KRA) on all tax-related matters, including audits, assessments, and correspondence
● keep proper documentation and records of all tax-related matters and ensure availability for audit and statutory review.
● Deliver tax advisory guidance to business units and divisions, encompassing impact assessments of new tax legislation and operational changes.
● Work closely with external tax consultants/auditors on compliance, audits, and advisory matters.
● Support the development and implementation of internal control measures to uphold tax compliance and risk mitigation, ensuring that standard processes are correctly set and aligned with the company’s group requirements.
● Support transfer pricing documentation and ensure compliance with local and global transfer pricing regulations.
● Provide training and support on tax processes and compliance
● Prepare tax provisions and assist in monthly, quarterly, and annual tax reporting.
● Provide support on advance tax calculations, compliance matters, and other routine tax obligations prepared by external tax advisors for various mobility business companies.
● Monitor monthly progress on various tax reports and cases and coordinate regular meetings with tax consultants to review ongoing matter.
KNOWLEDGE, SKILLS AND EXPERIENCE
Minimum level of academic and professional qualification required to perform effectively in the role
a) Bachelor’s degree in accounting, Finance, or a related field.
b) CPA (K), ACCA, or equivalent professional qualification.
c) Post graduate Diploma in Tax Administration (added advantage)
d) In-depth knowledge of Kenyan tax laws and KRA processes.
e) Experience in dealing with tax audits, handling different tax cases and transfer pricing
f) Proficiency in accounting systems (e.g., SAP, Oracle) and MS Office.
Minimum level of experience required to perform effectively in the role
Minimum of 5 years of experience in tax compliance and accounting, preferably within a multinational, large local company or an audit firm.
WORKING RELATIONSHIPS
Internal customers
a) All sections (functions, branches, and division)
b) Head of business units/divisions
c) Senior management
External Customers
Kenya Revenue Authority
External auditors and tax consultants
Group tax team
COMPETENCIES
Technical & Desire skills
● Strong analytical and problem-solving skills.
● Excellent attention to detail and organizational skills.
● Good communication and interpersonal skills.
● Ability to work independently and under pressure.
● High level of integrity and professionalism
Functional
a) Tax computations (Deferred tax and corporate tax)
b) Presentation skills
c) Audit & Investigation Support
d) Tax planning
Behavioral
e) Innovation - Ability to come up with new and better ways of working to improve efficiency
and effectiveness.
f) Time Management – Ability to use time effectively and efficiently.
g) Drive for results – Aware of their roles and responsibility and can be counted on to meet and exceed goals.
h) Interpersonal skills – Ability to build rapport and constructive and effective relationships with colleagues and customers.
i) Customer focus – Establishes and maintains effective relationship with both internal and external customers, to gain their trust and respect.
j) Ethics and values – Adhere to an appropriate and effective set of core values and beliefs, and in alignment with the company’s values.
k) Integrity and trust – Trusted individual who can present the unvarnished truth in an appropriate and helpful manner, keeps confidence, admits mistakes, does not misrepresent themselves for personal gain