JOB DETAILS:

Job Purpose Statement

The role is responsible for Tax planning, Tax risk management, Transfer Pricing Policy management and Tax compliance for the Bank, through continuous engagement with revenue authorities, tax advisors and business units.

The role proactively manages and minimise inherent taxation risks within the Bank

Key Accountabilities (Duties and Responsibilities)

• Undertake risk assessments, analyse the effectiveness of technical and procedural control activities.
• Assess the Bank’s information and Cyber Security capabilities, operations and supporting technology controls to identify risks and recommend pragmatic risk mitigation measures.
• Identify and assess business disruption risks and their impacts associated with current business practices and strategic plans.
• Identify critical points of failure in the Bank’s ICT disaster recovery plans and recommend risk mitigation measures based on best practice standards.
• Review and report on the residual ICT risks.
• Review and improve the training and awareness programs for Information and Cyber Security in the bank.
• Succinctly frame emerging threats and risk in alignment with the existing risk profile.
• Custodian of the  Transfer Pricing Policy.
• Minimise Transfer Pricing exposures across by ensuring transactions with related Companies are on arm’s length basis evidenced by consistent documentation.
• Ensure an efficient cost booking policy meets both local and Group requirements

Job Specifications

Academic:

• Bachelor’s Degree in Accounting, Law, Economics or other Business field
• Professional qualification in CPA or ACCA
• Registered Tax Consultant with TRA

Professional:

At least 4 years’ experience in Taxation, Finance and Accounting.

Desired work experience:

• A minimum of 2 years in banking environment with 2 years’ experience in handling legal tax matters will be an added advantage.

• Strong accounting and analytical skills.
• Knowledge of financial products and regional exposure would be an added advantage.

In depth understanding of tax laws and procedures within the East African region.