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Tax Manager

2 months ago

California, United States Old Mutual Group Full time

Job Description This exciting role is responsible for the overall Tax function at Old Mutual International, which includes applying both local and offshore tax laws and processes. The person would manage a team of tax specialists and work closely with a wide range of stakeholders including finance, systems and data, product and distribution as well as external stakeholders. The person is expected to have influential impact on the overall customer value proposition. The role includes the following responsibilities: Interprets or assists with the interpretation of the various RSA and International tax acts and provides advice on minimizing tax liabilities/risks. Work closely with external vendors and data providers to ensure tax is calculated, processed, and reported accurately. This involves formulating strategies and managing projects for new developments. Provides guidance to the business around the interpretation of VAT, Income Tax, and relevant Case Law. Accountable for the Implementation of strategies to minimize tax risk for the organization. Accountable for seeking and creating Tax saving opportunities and strategies for the organization and its clients. Ensuring or assisting with compliance in all aspects of Tax Legislation and maintaining a high degree of integrity and credibility with all stakeholders. Accountable for monitoring, assessing, and advising on changes to South African Tax legislation in partnership with Group Tax. Provisioning of professional advice and guidance to the organization on Tax-related matters. Evaluating, developing, and implementing Group Corporate policy on Tax and other related business matters affecting Old Mutual International. Setting tax policy for OMI. Coordinating all tax reports due to the group for the compilation of the OMLACSA tax returns and monthly financial and tax reporting requirements. Accountable for reviews of OMI Tax calculations or reports which feed the OMLACSA Tax return as well as OMLACSA provisional returns. Preparation or reviews of compliance documents and replies to Tax queries from SARS or Group Tax. Building Relationships with applicable Tax service provider and OML Group Tax – at Senior Relationship Management Level. Development and implementation of tax reporting systems (automation of tax calculations) for the clients and ensures that all system calculations adhere to tax legislative requirements. Analyses of all new transactions and new products from a tax point of view and ensures that tax implications are implemented correctly. Provision of advice in relation to the tax aspects of transactions and projects undertaken by the organization. Develop best strategies for the historical tax collection projects underway. Reclaiming foreign withholding taxes for the OMI book custodian book of business. Keeps (self and the business) abreast of all relevant tax legislation. Take accountability for any Tax-related requirements that the business might have from time to time. Qualifications and Experience required: CA (preferable) minimum 3-5 years post-article experience or Honours degree in Tax/HDip in Tax. Financial services experience. International tax knowledge and working experience (Advantageous). Working knowledge of 5 funds tax (Advantageous). Experience in managing a team is required.

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