Tax Risk and Employment Tax Specialist

Assisting with the coordination, risk assessment, development of assurance plans, testing and monitoring processes over Tax Risk Management. In addition, the role includes carrying out assurance over Group Tax’s critical processes and risk and control assessment as well as analyzing key risk information, identifying tax risk, assessing the control environment and escalation via the appropriate governance forums of significant findings to Tax and Finance management with remediation plans.

Develop an understanding and embed Tax governance in relevant areas of the Group to drive compliance.

A secondary responsibility of the role requires the ability to provide tax advice specifically on employees’ tax and assist in all areas of the Employment Tax function for the Group.

• Develop an understanding of Absa’s tax risk governance to assess compliance and mitigate tax risk in the Group.
• Significant input into the current tax risk strategy and development of the future class leading Absa tax risk management strategy.
• Develop an in-depth knowledge of the tax risk systems and processes that operate across businesses within the Group.
• Provide training on tax risk Governance.
• Input into the development of Assurance and conformance testing plans to support risk assessments.
• Carry out conformance testing aligned to the testing plans.
• Represent Group Tax in Combined Assurance forums of the Bank.
• Assist business in developing action plans to mitigate the risk identified.
• Reporting monthly, quarterly, bi-annually and annually on the Group’s Tax risk.
• Timely submission of the Operational Risk reporting, Key Risk Scenarios, submissions of the Risk and Control Assessments and other risk reporting as required.
• Assist with the Group Tax Management Self-Assessment (MSA) process.
• Attend training from Group Risk on new reporting templates and implementation thereof.

• B Com or Honours Degree or equivalent NQF level qualification.
• Three (3) years’ experience within the Financial Services Industry specifically in the Tax environment.
• 3 - 6 years’ experience in Risk Management is required.
• 2 - 3 years consulting experience in Employment Taxes is preferred.