TAXATION ACCOUNTANT- INDIRECT TAXES | MINING CAREERS AT FQM, SOLWEZI, ZAMBIA
Requisition Number: JR6140 | Contract Type: On- going| Country: Zambia Location: Solwezi Category: Finance
Job description:
Overall Job Purpose
Ensuring compliance for all VAT, Custom Duties and PAYE. The role focuses on the remittance of VAT, import & export duties and PAYE payments, returns, and the research of tax inquires. The Tax Accountant plays an integral part in supporting senior finance management in areas of tax compliance, internal control and financial reporting.
Specific Job Responsibility
Management:
- Manages all VAT, PAYE and Custom Duties of the business under the direct supervision of the Accounting Superintendent.
- Prepares, organizes, and compiles data for the preparation of annual filings and statutory tax returns for VAT and PAYE. Reviews and approves treatment of import and export entries ensure correct taxes are paid by Goods in Transit team.
- Leads the internal control improvement initiative of processes for the above taxes and handles the documentation and review of process flows.
- Identifies key controls and efficiency opportunities and prepares written correspondence and other documents for submission to the statutory authorities.
- Prepares tax estimates and planning and becomes highly involved in tax planning.
- Reviews tax accruals and taxing authorities’ draft responses and notices.
- Take ownership and key contact for Zambia Revenue Authority for VAT, Custom Duty and PAYE.
Financial / Tax Analysis & Reporting:
- Prepares tax returns, inclusive of other supporting schedules.
Documentation & Records Management:
- Responsible for proper documentation and tax record management.
- Takes ownership of the business’s tax compliance and related records.
- Conducts research and documents tax-related technical issues, preparing written communication of tax issues, for example, refund claims, self-disclosures, needed exemption forms, etc.
- Is charged with the preparation of weekly/annual/ journal entries in a timely and accurate manner.
- Reconciles tax general ledger accounts and prepares tax accounting journal entries.
Collaboration:
- Liaises with external tax accounting firms and tax authorities.
- Required to work closely with top financial department leadership.
- Along with the Accounting Superintendent, the Tax Accountant is also responsible for coordinating internal management and review of the business’s tax affairs.
- Perform any other duties assigned by the supervisor.
Job Specific Competencies
- Analytical skills and working with volumes of data.
- Well rounded understanding of mining operations.
- Expert knowledge international financial reporting standards (IFRS).
- Up-to-date knowledge of relevant Zambian laws and regulations (e.g. Companies’ Act, Tax laws etc).
- Good command of the English language (speaking and writing).
- Proficiency in Microsoft Excel and Word.
- Excellent interpersonal skills.
Key Job Attributes
- Ability to work under pressure and handle competing work demands.
- Must be dependable and self-motivated.
- Must have good communication and interpersonal skills
- Accurate and precise attention to detail.
- Able to work under minimum supervision.
- Unquestionable integrity.
- Must uphold the company and professional code of ethics
Experience Required to Perform in This Job
- Minimum 3 to 5 years of tax/accounting experience.
Qualifications
- Full grade twelve (G12) school certificate.
- Degree in Accounting and professional accountancy qualification (e.g. ACCA, CIMA, ZICA etc.) or studying towards that.
- Member of the Zambia Institute of Chartered Accountants (ZICA).
Deadline: 3 June 2022