Summary
Date Posted: Friday, October 06 2023, Base Salary: Not Disclosed

JOB DETAILS:
Swift Minds:
is a fully fledged consultancy firm based in Kampala, Uganda that provides cutting edge Consulting solutions to our clients in Various sectors including Agriculture, Telecommunication, Construction, Manufacturing, Mining, Banking, Oil and Gas and the services sector.

Duties and Responsibilities:
Purpose: The Job holder is responsible for following:
The role is responsible for Tax planning, Tax Advisory, Tax risk management, Group Transfer Pricing Policy management and Tax compliance for company and its entities, through continuous engagement with Revenue authorities, Tax advisors and various Business units. The role proactively manages and minimizes inherent tax risks within Group companies

Tax Risk management
• Proactively follow up on any tax planning ideas as well as any risk mitigation measures across the Group.
• Develop and implement systems for collating and analyzing tax data to provide relevant management information and reports to specified stakeholders.
• Ensures timely and accurate filing of all tax returns across the Group as per the defined Tax calendar.
• Guide the finance function on various aspects of technical tax matters including liaising with tax authorities.
• Ensure all applicable taxes in accounts payables space are properly accounted for and remitted within set timelines.
• Actively participate in the implementation of financial policies, procedures, and internal controls.
• Ensure timely and accurate monthly, quarterly, and annual tax reporting.
• Coordinating annual group tax review process by external auditor.

Transfer Pricing Risk Management
• Custodian of the Transfer Pricing Policy. Responsible for ensuring that policy is up to date and appropriate agreements and approvals are in place to ensure compliance.
• Minimize Transfer Pricing exposures across the Group by ensuring transactions across Group companies are on an arm’s length basis evidenced by consistent documentation.
• Ensure an efficient cost booking policy meets both local and Group requirements.
• Assist in managing Group cost recharges. This entails continuous update of Group and countries recharges from a tax and transfer pricing perspective.
• Ensure timely raising and settlement of any Transfer Policy (TP) related invoices across the group.
• Assist Group companies and subsidiaries in dealing with and managing Transfer Pricing audits, queries and disputes from the tax authorities and regulators.
• Provide Transfer Pricing (TP) support and input into various TP initiatives and projects impacting the Group.
• Ensure proper documentation of the contemporaneous documentation required by the Revenue Authorities across the region.

General Ledger maintenance
• Monthly reconciliations, disposition of reconciling items and tracking of tax suspense accounts.
• Documentation of all systems tax configurations in line with applicable laws and procedures.
• Continues review of completeness of systems application of tax laws and procedures

Prevention of exposure to risks
• Lead and guide accounts payable team on vetting of supplier invoices to avoid any tax exposure.
• Review of all bank’s/group’s contracting documents/agreements for tax planning and management purposes.
• Ownership of tax specifications in relation to new businesses, projects, and products.
• Ensure proper and well-organized tax documents safe keeping and filling system.
• Monitor release of new tax laws, emerging risk, across the jurisdictions of the Group operations.
• Ensure new products being introduced across the group have been reviewed for tax impact analysis and timely advice and sign off done.
• Continuous update of Tax procedures and Policy guidelines.

Qualifications and Experience
• Bachelor’s degree in business administration or related field.
• Finance/Tax Professional qualification is a Must.
• Master’s degree in business Administration required.
• 12 years of experience


Work Hours: 8

Experience in Months: 144

Level of Education: Bachelor Degree

Job application procedure

Send your CV to: recruitment@swiftminds.org  Deadline: Rolling basis

NB: Selection is on rolling basis, due high volumes of applications, only selected candidates shall be contacted,


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