Technobrain
Job Purpose:
The Tax Accountant will play a crucial role in ensuring compliance with tax regulations , preparing accurate tax returns, and providing expert advice on tax-related matters. The incumbent will be required to support the business in compliance with both general tax laws and industry-specific regulations.
Key Responsibilities
- Overseeing the entire tax management process, including calculations and timely execution of tax payments such as VAT, WHVAT, WHT, Reverse VAT, and corporate taxes.
- Monitoring VAT refunds by tracking the status of VAT refunds and initiates the submission of refund claims promptly when applicable.
- Addressing regulatory requests by ensuring timely responses to information requests from the Kenya Revenue Authority (KRA).
- Coordinating audits and compliance by facilitating any KRA audits and reviews related to compliance.
- Examining and reconciling withholding VAT certificates received during the month with customer accounts on a timely basis.
- Monthly reconciliation of VAT, WHT, and WHVAT returns with the General Ledger (GL), and provides explanations for any discrepancies to management.
- Assisting in Corporate tax computations.
- Supervise tax-related accounting procedures across all aspects impacting our business.
- Support Financial Closures during month-end and year-end tax closing procedures for the purpose of the company’s financial reporting.
- Provide assistance for the statutory tax audit and subsequent filing of annual income tax returns with the Kenya Revenue Authority (KRA).
- Prepare and verify that tax filings VAT, PAYE, withholding taxes, corporate income tax and statutory contributions are accurate and are filed before the statutory due dates.
- Ensure tax compliance with the relevant regulators and become an expert in local tax law to ensure optimal planning.
- Serve as lead liaison with the tax authority.
People Management & Leadership
- Providing leadership and guidance to a team of graduate accountants monitoring their performance and quality of work.
- Motivating and coach the team to operational success.
- Consistently promote high standards and ensure each team members understand expected standards and behavior.
Client Engagement and Management
- Develop, manage and maintain strong mutually beneficial relationships with external stakeholders e.g. tax authorities etc.
Qualifications
- Bachelor’s degree in accounting, Finance, or related field; Master’s degree or relevant tax certification is a plus.
- Certified Public Accountant (CPA) or Chartered Accountant (CA) certification.
- At least 5 years of progressive experience in accounting, or finance field; (with at least a minimum of 1 year in a Tax Accountant position.
- Experience as a Tax Accountant in the oil and gas industry, with a strong understanding of Kenyan tax regulations and their application.
- Strong computer skills, including proficiency in Microsoft Excel and accounting software and experience using financial systems e.g., ERP systems.
- Knowledge of GAAP, IFRS, and other relevant accounting standards.
- Proficiency in Kenyan tax laws, including VAT, Corporation Tax, and customs and excise duties specific to the oil and gas sector.
- Experience with transfer pricing documentation and compliance.
- Strong analytical skills with the ability to interpret complex financial and tax data.
- Excellent communication skills to interact with internal teams, external partners, and tax authorities.
- Detail-oriented approach to managing tax documentation and records.
- Ability to work collaboratively in a team environment and adapt to changes in regulations and industry practices.
Governance and Operational Risk Management
- Accountability for role specific duties and responsibilities as defined in various Company Guidelines and Policies:
- Standard Operating Procedures (SOPs)
- Accountabilities and Delegated Authorities Matrix
- Business Requirement Document (BRD)
- Performance Management Policy
- Risk Management Policies and Procedures
- HR Policies and procedures
- Code of Conduct and Ethical Practice.
Method of Application
Please email your CV to recruitment@technobrainbpo.com indicating the position applied for. Only shortlisted candidates will be contacted.
Stay updated with similar job openings by joining one of our Live Feed Channels below:
To apply for this job please visit technobrainbpo.com .