Tax Manager - Tanzania East Africa Location at Conceptm… · Tanzania

Our Manufacturing client is hiring Tax Manager in Tanzania, East Africa location

Other benefits will be discussed during the interviews:

• Accommodation
• Meals
• Medical insurance
• Transport
• Leave cycle

2. Job Purpose
To manage and oversee the Group's tax affairs, ensuring full compliance with applicable Tanzanian tax laws and regulations while minimising tax risks and identifying legitimate tax planning opportunities.
The Tax Manager will provide tax advisory support to company and its subsidiaries, oversee tax compliance, manage tax audits and assessments, monitor tax exposures, and ensure appropriate tax governance across the Group.

3. Key Responsibilities
A. Tax Compliance
•Oversee timely and accurate preparation and submission of all statutory tax returns and declarations.
•Ensure compliance with applicable tax laws, regulations and Tanzania Revenue Authority requirements.
•Monitor tax payment obligations and ensure taxes are settled within statutory deadlines.
•Review VAT, corporate income tax, withholding tax, PAYE, SDL, excise duty and other applicable tax obligations.
•Ensure appropriate tax documentation and records are maintained.

B. Tax Planning and Advisory
•Provide tax advice to Management and Group companies on business transactions and proposed initiatives.
•Identify legitimate tax planning and tax efficiency opportunities.
•Advise on the tax implications of investments, acquisitions, disposals, contracts and restructuring.
•Review major commercial agreements from a tax perspective.
•Advise business units on tax-efficient and compliant transaction structures.

C. Tax Audits and Assessments
•Coordinate and manage tax audits conducted by the Tanzania Revenue Authority and other relevant authorities.
•Review tax audit findings and proposed assessments.
•Prepare responses to tax queries, assessments and notices.
•Coordinate objections, appeals and other tax dispute-resolution processes.
•Maintain proper records of tax audits, disputes and outstanding exposures.

D. Tax Risk Management
•Identify and assess tax risks across Group companies.
•Develop and maintain a Group tax risk register.
•Monitor changes in tax legislation and assess their impact on the Group.
•Ensure tax risks are communicated to Management in a timely manner.
•Recommend corrective measures where tax compliance weaknesses are identified.

E. Transfer Pricing and Related-Party Transactions
•Oversee compliance with applicable transfer-pricing requirements.
•Review related-party transactions and ensure appropriate documentation.
•Coordinate preparation and maintenance of transfer-pricing documentation.
•Monitor intercompany transactions for tax implications.
•Work with external tax advisers where specialist transfer-pricing support is required.

F. Tax Accounting and Reporting
•Review current and deferred tax calculations where applicable.
•Ensure appropriate tax provisions and tax balances are reflected in financial statements.
•Reconcile tax accounts and investigate outstanding balances.
•Provide tax information required for monthly, quarterly and annual financial reporting.
•Support external and internal audit processes relating to taxation.

G. Tax Governance and Controls
•Develop, implement and maintain Group tax policies and procedures.
•Establish appropriate tax controls across subsidiaries and business units.
•Review tax processes periodically to identify weaknesses and improvement opportunities.
•Promote consistent tax practices across companies.
•Maintain a central tax compliance calendar.

H. Stakeholder Management
•Liaise with TRA and other regulatory authorities on tax matters.
•Manage relationships with external tax consultants, auditors and legal advisers.
•Provide tax training and guidance to Finance and relevant operational teams.
•Support subsidiaries in resolving complex tax matters.
•Keep Management informed of significant tax developments and exposures.

4. Key Performance Indicators
•100% timely submission of statutory tax returns.
•Timely settlement of tax liabilities.
•Reduction and effective management of tax penalties and interest.
•Effective management and resolution of tax audits and disputes.
•Accuracy of tax provisions and reconciliations.
•Compliance with transfer-pricing requirements.
•Identification of legitimate tax optimisation opportunities.
•Effective implementation of Group tax policies and controls.
•Timely communication of changes in tax legislation.

5. Qualifications and Experience
Minimum Qualifications:
•Bachelor's Degree in Accounting, Finance, Taxation, Commerce or related field.
•CA, ACCA, CIMA, CTA or equivalent professional qualification.
•Registered tax practitioner or relevant tax certification will be an advantage.

Experience:
•At least 710 years' experience in taxation, with significant experience in a managerial or supervisory capacity.
•Strong knowledge of Tanzanian tax laws and TRA procedures.
•Experience managing tax matters for a Group of companies is highly desirable.
•Experience in mining, construction, energy, logistics or other capital-intensive industries will be an advantage.
•Experience with tax audits, objections and appeals is highly desirable.

6. Technical Competencies
•Strong knowledge of Tanzanian tax legislation.
•Corporate income tax.
•VAT.
•Withholding tax.
•PAYE and employment-related taxes.
•SDL and other statutory obligations.
•Transfer pricing.
•Tax audits and dispute resolution.
•Tax accounting and tax reconciliations.
•Strong knowledge of accounting principles and financial statements.
•Advanced Excel and accounting/ERP systems.
•Strong analytical and report-writing skills.

7. Behavioural Competencies
•High level of integrity and professional ethics.
•Strong analytical and problem-solving skills.
•Excellent attention to detail.
•Strong communication and negotiation skills.
•Ability to deal confidently with regulators and external advisers.
•Commercially aware and business-oriented.
•Strong organisational and time-management skills.
•Ability to work under pressure and meet statutory deadlines.
•Proactive approach to identifying and managing tax risks.
•Ability to maintain strict confidentiality.