Tax & Compliance Officer
REF: KK706
Market Related Salary
Cape Town CBD, Western Cape
Our client is recruiting for a Tax and Compliance Officer to join their team. The successful candidate will be responsible for the accurate and timely preparation and submission of the Group’s statutory tax filings and corporate compliance obligations, including VAT, corporate income tax, provisional tax, CIPC annual returns, and the administration of dividend declarations. You will be responsible for safeguarding the Group’s compliance standing with SARS, CIPC, and the JSE Listings requirements, and will work closely with the Head of Finance, external auditors and the company secretarial function.
RESPONSIBILITIES INCLUDE:
Tax Filings:
Preparing and submitting monthly/bi-monthly VAT201 returns for all Group entities, ensuring accurate output and input VAT reconciliations
Preparing and filing annual corporate income tax returns (ITR14) and managing related SARS correspondence and verifications
Calculating and submitting provisional tax returns (IRP6)
Maintaining the Group’s tax compliance calendar
Performing monthly tax reconciliations (VAT, income tax, and dividends tax control accounts) between the general ledger and SARS records, resolving reconciling items timeously
REIT and JSE Compliance:
Monitoring the Group’s ongoing compliance with the REIT status requirements and flagging any risk to REIT status
Monitoring and supporting compliance with JSE Listings requirements applicable to Group Finance
Preparing and coordinating documentation for JSE share issuances and share cancellations/buy-backs, including the related JSE and CIPC filings
Preparing and submitting annual declarations required by the JSE and other regulators
Debt Compliance:
Monitoring ongoing compliance with the JSE Debt Sponsor and Debt Listings Requirements
Preparing and submitting periodic JSE DSSR covenant compliance certificates
Monitoring compliance with financial covenants and other terms under the Group’s bank lender facility agreements
Preparing and submitting periodic covenant compliance certificates to bank lenders
Coordinating mortgage bond registration, cancellation and release processes with conveyancing attorneys
Managing the process for obtaining bondholder consent
Administering municipal guarantees, including issuance, renewal and release
Maintaining and submitting insurance certificates required by bank lenders
Preparing and submitting Stats SA statistical returns
Preparing monthly SENS announcements relating to interest payments on listed notes
Preparing and submitting quarterly South African Reserve Bank reporting
Preparing and submitting quarterly Commercial Paper Regulations reporting
Maintaining a register of debt covenant compliance testing dates and liaising with Treasury to ensure timely certification and reporting to funders
CIPC and Company Secretarial:
Preparing and filing CIPC annual returns for all Group entities and subsidiaries
Maintaining statutory records and supporting the CIPC-SARS integration process for newly incorporated entities
Assisting with the preparation of company registration, amendment and deregistration filings as required
Dividends:
Preparing draft dividend resolutions for Board and Director approval
Coordinating the administrative process for dividend declaration
General Compliance Support:
Supporting the CFO and Head of Finance in responding to SARS queries, audits, and dispute resolution processes
Maintaining an accurate register of all statutory filings, submission dates, and supporting documentation for audit purposes
Monitoring changes in tax legislation (including REIT- specific tax provisions) and Companies Act requirements, and flagging implications to the Head of Finance
Liaising with external tax consultants, auditors, and company secretarial service providers as required
REQUIREMENTS:
CA (SA)
A minimum of 1-3 years’ experience in a tax or compliance role, ideally within a listed company, REIT, or professional services environment
Sound working knowledge of the Income Tax Act, VAT Act, and Companies Act; exposure to REIT tax provisions is advantageous
Practical experience with SARS eFiling and CIPC’s online systems
Experience preparing dividend resolutions and a sound working knowledge of the JSE Listings requirements, including share issuance and cancellation processes, is preferred
Exposure to debt covenant monitoring and compliance certification is advantageous