Tax Manager at Simba Group

Job Summary:

• The Tax Manager is responsible for managing all tax-related matters within the organization.
• This includes overseeing tax compliance, developing and implementing tax strategies, and providing guidance on tax-related decisions to maximize financial efficiency while ensuring legal compliance.
• The Tax Manager plays a pivotal role in minimizing the organization's tax liability and ensuring accurate and timely tax reporting.

Reporting Line: The Chief Financial Officer (CFO) or Director of Finance.

Key Elements of the Role

Tax Compliance:

• Ensure timely and accurate filing of all tax returns, including income tax, sales tax, and other relevant taxes.
• Stay up-to-date with changes in tax laws and regulations and adapt the organization's processes and strategies accordingly.
• Review and oversee the preparation of tax provisions and financial statements to comply with accounting standards.

Tax Planning:

• Develop and implement tax-efficient strategies to minimize the organization's tax liability.
• Provide guidance on structuring transactions, investments, and other financial decisions to optimize tax outcomes.
• Identify and pursue tax incentives, credits, and deductions available to the organization.

Risk Management:

• Assess and manage tax-related risks by conducting regular audits and reviews of financial data and transactions.
• Ensure compliance with transfer pricing rules and international tax regulations if applicable.

Team Leadership:

• Supervise and lead a team of tax professionals, providing guidance, mentoring, and training as necessary
• Allocate responsibilities and monitor team performance to ensure efficient tax operations.

Communication and Reporting:

• Communicate tax strategies and findings to senior management, providing recommendations for decision-making.
• Prepare and submit regular reports on the organization's tax status and liabilities.

Collaboration:

• Collaborate with other departments, such as legal, finance, and operations, to ensure tax considerations are integrated into business decisions.
• Work with external auditors, tax authorities, and consultants as needed.

Requirements

• Proven experience in tax management, accounting, or a related role, with progressively increasing responsibilities.
• In-depth knowledge of tax laws, regulations, and compliance requirements.
• Strong analytical, problem-solving, and decision-making skills.
• Excellent communication and interpersonal skills.
• Proficiency in tax software and financial management systems.
• Leadership and team management experience.

Qualifications

Educational Qualification

• Bachelor's degree in accounting, finance, or a related field (a master's degree in taxation or a CPA designation is often preferred).

Experience

• 8 years’ experience in similar role