Tax Accountant job at Old Mutual Insurance Rwanda

Vacancy title:
Tax Accountant

[ Type: FULL TIME , Industry: Insurance , Category: Accounting & Finance ]

Jobs at:

Old Mutual Insurance Rwanda

Deadline of this Job:
Friday, July 28 2023 

Duty Station:
Within Rwanda , Kigali, East Africa

Date Posted: Saturday, July 15 2023, Base Salary: Not Disclosed

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Job Summary
• This role is responsible for Tax Compliance, Tax Reconciliations, Tax reporting, Revenue Authority correspondences and assessments, Tax risk and Issues Management.

Key tasks and responsibilities
Tax Compliance
1. Preparation and filling of monthly and yearly tax returns of the entities once they fall due preparation of withholding tax schedules and VAT - vatable purchases and sales to be declared in the monthly return.
2. Checking accuracy of the vat rates used to calculate the Vat amounts, determining whether the transactions are claimable, checking and ensuring accuracy of the Gross amount used to calculate the Vat amount, checking accuracy of Revenue authority pins of the customers, and uploading of the returns to the revenue authority portal.
3. Ensuring compliance to tax regulations and law of filling the returns by due dates to avoid the penalties and interests charged for non-compliance.
4. Preparation of tax paid schedules to be used to settle the taxes payable for the period. This entails preparing the taxes payable schedules for the period from the payment schedules received from payables team, checking the quality of the tax schedules, confirming transactions are settled, availability of pins/ Tins.

Tax Reconciliations
1. Reconciliation of tax ledger control accounts and balance sheet substantiation of tax related accounts (Supplier payables and Payroll). This entails identifying mispositions in the tax control accounts to determine the accurate position of the tax accounts. The accounts normally reviewed include withholding payable tax accounts, VAT input, VAT output, stamp duty, PAYE and other relevant tax accounts. The process ensures corrective journals are prepared to correct the errors and bring the account to reflect a healthy position of the accounts.
2. Ensure daily/weekly and monthly EBM sales reconciliations for both lines of businesses and responsible for EBM compliance is debiting and reversals.

Tax Reporting
1. Preparation of information necessary for calculations of tax expense and necessary explanations to both East Africa and Group tax team from the entity perspective.
2. Ensure the accuracy of tax expense in the financials as well as proper explanations and disclosures.
3. Compile tax reports required in E. Africa region and South Africa such as Taxes paid schedules and variance analysis.

Revenue Authority Correspondencies And Assessments
1. Handling of revenue authority relationships with the entity
2. Compile requested information by the Revenue authority to address queries raised and to solve any disputes arising from the same.
3. Central coordination person between the revenue authority/ tax advisors and group tax team on tax matters in the entity

Tax Risk And Issues Management
1. Managing and maintaining tax risk and issues relating to the entity
2. Communicating and key tax risk and issue identified to the group tax team in EA and RoA.

Qualifications and experience
• Bachelor’s degree in finance or related business field.
• 5+ years’ work experience preferably as a tax accountant/Tax advisory or Audit
• CPA qualified or in advanced level.

Skills and competencies
• Accountable for service delivery through own efforts.
• Analytical skills
• Ability to deliver results when objectives are set
• Excellent relationship management skills
• High level of initiative and self-motivation
• Task and time management proficiency
• Good communications skills

Work Hours: 8

Experience in Months: 60

Level of Education:
Bachelor Degree

Job application procedure
Interested and qualified? Click here to apply
Interested candidate are requested submit their applications by 12.00 a.m. 28th July 2023.
Applicants must possess or be in the process of applying for a POLICE CLEARANCE CERTIFICATE as at the time of making an application.
ONLY short-listed candidates will be contacted.

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Job Info
Job Category: Accounting/ Finance jobs in Rwanda
Job Type: Full-time
Deadline of this Job: Friday, July 28 2023
Duty Station: Kigali
Posted: 15-07-2023
No of Jobs: 1
Start Publishing: 15-07-2023
Stop Publishing (Put date of 2030): 15-07-2066
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