Pinelands, South Africa
8 days ago
Payroll Accountant

Let's Write Africa's Story Together!

Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

Job Description

Calculates and pays taxes.
Reviews and approves tax payments.
Prepares monthly reports on all tax aspects.
Responsible for the completion and submission of all PAYE tax returns.
Controls the production and distribution of IRP5 certificates and annual PAYE returns to the tax authorities.
Replies to or provides input to tax queries received from SARS, and applications to SARS for PAYE  rulings, with support from the tax consultant.
Determines correct accounting procedures for aspects of the company's flexible remuneration package relating to taxation.
Keeps abreast of all tax legislation and changes and remuneration policies and practices. .
Interprets the  PAYE Act and Case Law.
Provides guidance on minimising PAYE liabilities.
Implements the strategy to minimise tax risk for the organisation.
Monitors PAYE  compliance within business units on a monthly basis and reviews all statutory PAYE returns.
Assists with the development and implementation of corporate policy on PAYE  issues and processes.
Responsible for the production of accounting and taxation schedules.
Performs data integrity checks on client tax data.
Ensures tax allocations are completed and certificates are produced when required.
Produces automated tax returns.
Ensures tax certificates are issued.
Reviews and manages tax accounting processes.
Accountable for reviews of PAYE reconciliations, returns, compliance documents and replies to PAYE  queries from SARS.
Assists in development and implementation of tax systems planning opportunities for the organisation and ensures that all requirements e.g. data flows/reporting are met.
Assists in developing tax planning opportunities.
Prepares objections/ADRs.
Analyses transactions and new products form a tax point of view.
Advises on tax aspects of transactions and projects undertaken by the organisation.

Responsible for checking of all 3rd party payments and schedules for benefits such as medical aid and retirement funds.

Minimum requirements for the role:

 Matric or equivalentRelevant Undergrad degreeH Dip Tax/Tax Honours is preferable but not mandatory2 or more years Payroll Tax & Accounting Compliance Experience

This role prepares monthly reports on all tax aspects and is responsible for the calculation and payment of taxes as well as submission of all tax returns in a business unit. The incumbent is individually accountable for achieving results through own efforts.

ResponsibilitiesTax

Deliver preestablished outcomes for designated tax areas by working within established tax systems.

Data Collection and Analysis

Conduct research using primary data sources, and select information needed for the analysis of key themes and trends.

Data Management

Help others get the most out of data management systems by providing support and advice.

Insights and Reporting

Contribute to the preparation of various data and analytics reports.

Document Preparation

Organize and prepare complex documents using a variety of applications for technology devices, such as standard office software. Also responsible for gathering and summarizing data for special reports.

Financial Policies, Guidelines, and Protocols

Contribute to the development and delivery of financial policies, guidelines, and protocols to ensure the company complies with regulations and good financial practice.

Information and Business Advice

Resolve queries from internal or external customers or suppliers by providing information on complex processes and the related policies, referring issues to others where necessary for interpretation of policy.

Financial Management and Control

Track progress against budgets within established finance systems, and report variances to more senior colleagues.

Operational Compliance

Identify, within the team, instances of noncompliance with the organization's policies and procedures and/or relevant regulatory codes and codes of conduct, reporting these instances and escalating issues as appropriate.

Personal Capability Building

Develop own capabilities by participating in assessment and development planning activities as well as formal and informal training and coaching; gain or maintain external professional accreditation, where relevant, to improve performance and fulfill personal potential. Maintain an understanding of relevant technology, external regulation, and industry best practices through ongoing education, attending conferences, and reading specialist media.

Skills

Accounting, Action Planning, Budget Management, Computer Literacy, Database Reporting, Data Classification, Data Compilation, Data Controls, Data Modeling, Evaluating Information, Financial Acumen, Management Reporting, Numerical Aptitude, Oral Communications, Report Review

Competencies

Balances StakeholdersCollaboratesEnsures AccountabilityManages ComplexityOptimizes Work ProcessesPlans and AlignsTech Savvy

Education

NQF Level 7 - Degree, Advance Diploma or Postgraduate Certificate or equivalent

Closing Date

27 March 2025 , 23:59

The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.

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