Head of Tax

at BrighterMonday Consulting
Location Kampala, Uganda
Date Posted March 13, 2024
Category Management
Job Type Full-time
Currency UGX

Description

Job Summary

The role is responsible for Tax planning, Tax Advisory, Tax risk management, Group Transfer Pricing Policy management and Tax compliance for Movit and its entities, through continuous engagement with Revenue authorities, Tax advisors and various Business units.

  • Minimum Qualification: Bachelors
  • Experience Level: Executive level
  • Experience Length: 10 years

Job Description/Requirements

Job Title: Head of Tax 

Job Grade: N/A

Department: Finance 

Duty Station: Kampala

Reports to / Title of Immediate Supervisor: CFO 

Supervises:  

  • Tax Manager
  • Tax Accountant

Job Purpose: 

The role is responsible for Tax planning, Tax Advisory, Tax risk management, Group Transfer Pricing Policy  management and Tax compliance for Movit and its entities, through continuous engagement with Revenue authorities, Tax  advisors and various Business units. The role proactively manages and minimises inherent tax risks within Group companies

Key Customer/s:  

  • Procurement Manager
  • Head of Finance
  • Stakeholders:
  • CFO
  • Revenue Authorities
  • Business Unit Management Team
  • Functional Outputs/Activities per key performance area:

Tax Risk management 

  • Proactively follow up on any tax planning ideas as well as any risk mitigation measures across Movit Group.  ∙ Develop and implement systems for collating and analysing 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 for Movit.
  • Coordinating annual group tax review process by external auditor.
  • 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.

Minimum Qualification Requirements: 

Related Minimum Experience:

  • Bachelor’s degree in business administration or related field. Finance/Tax Professional qualification is a Must.
  • Master's degree in business administration required.
  • Excellent track record of leadership and team building, driving the development and evolution of entrepreneurial, high-performance cultures.
  • 10 to 12 years of experience preferably in an Audit firm
  • Competencies Required:
  • Behavioural
  • Must be of unquestionable integrity, Honesty, Trustworthiness and Professionalism

Leadership  

  • Must be a team player.
  • Must be a self-starter and have an appreciation of business growth and priorities.
  • Strong Leadership potential to effectively drive a business agenda and operational coordination of activities.

Knowledge.  

  • Advanced experience with MS Office.
  • Solid experience in category channel management and data analytics.

Skills 

  • Planning and Organization
  • Effective Communication
  • Tax Compliance

Attributes include: 

  • Self-Starter & Action Oriented.
  • Ability to harness peer Relationships.
  • Agile and driven.
  • Collaboration.
  • Problem Solving.
  • Communication Skills.

Growth Potential: 

  • Successful candidate will be set up for succession planning to CFO role.
  • Physical Requirements and Environmental Conditions
  • Frequency of travel: Frequent travel is required for market visits; location may vary and may require overnight stays.
  • Light physical activities and efforts required working in an office environment.
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