Tax Specialist (SP6) - Finance Department
Position summary
Introduction
Job description
KEY PERFORMACE AREAS (KPA’S)
1. Indirect Tax & Compliance Support
- Prepare and submit monthly indirect tax reconciliations and returns.
- Maintain and reconcile relevant general ledger accounts and prepare supporting journals in line with approved policies and procedures.
- Identify, investigate and resolve reconciling items and discrepancies, escalating complex or material matters to the Tax Manager.
- Support the calculation and documentation of VAT apportionment and attribution in accordance with approved methodologies and escalate variances or technical matters to the Tax Manager for review and approval.
- Assist with responses to audits, reviews and queries from NamRA, external auditors and tax advisors.
2. Customs, Import VAT & Withholding Tax Support
- Review Asycuda / Customs reports together with supporting documentation to verify imports recorded against the Bank.
- Collect, validate and maintain SAD500s and related Customs documentation in line with statutory requirements.
- Prepare, reconcile and support the end-to-end processing of Import VAT on Goods and Services, including identifying and resolving discrepancies and hanging entries.
- Liaise with clearing agents, suppliers and internal stakeholders regarding import transactions and related requirements.
- Ensure Import VAT and Customs files are complete, accurate and audit-ready at all times, with clear audit trails and supporting schedules.
- Perform daily and monthly reviews of Withholding Tax on Interest and Services transactions, including identifying errors and supporting corrective actions under the guidance of the Tax Manager.
3. Stakeholder Engagement & Advisory Support
- Act as a point of contact for internal business units, branches and support functions on operational indirect tax and customs matters.
- Provide operational and technical guidance to internal staff on documentation requirements, transaction-level tax treatments and procedural compliance.
- Support engagement with external tax consultants, auditors, Customs officials and NamRA officials, including preparation of schedules and responses.
- Obtain tax clearance certificates and managing tax account balances, escalating discrepancies or deviations to the Tax Manager.
4. Process, Controls & Reporting
- Assist with implementation, execution and adherence to tax policies, procedures and internal controls as approved by management.
- Identify control weaknesses, process gaps or recurring errors and support the implementation of corrective actions and process improvements.
- Support automation initiatives, system improvements and process enhancements relating to tax reporting, reconciliations and data quality.
- Monitor legislative and regulatory changes and flag relevant operational impacts to the Tax Manager.
5. Ad‑hoc & Project Support
- Support tax‑related projects, system implementations and process reviews.
- Assist with special reviews, data requests and regulatory submissions as required.
- Perform other tax‑related duties delegated by the Tax Manager.
Minimum requirements
Job Specifications
Qualifications | • Bachelor’s degree in Accounting, Finance, or a related business field. • Postgraduate qualification or certification in Tax will be an advantage. |
Experience
| • 3-5 years’ relevant experience in tax compliance, indirect tax or tax consulting. • Banking, financial services or large corporate environment experience preferred
|
Competencies | • Strong understanding of accounting and tax principles (particularly indirect taxes) • High attention to detail and accuracy • Strong analytical, reconciliation and problem‑solving skills • Ability to manage deadlines in a high‑pressure environment • Effective written and verbal communication skills • Professional stakeholder engagement and service orientation • High level of integrity and ability to operate independently within defined authority levels |