
Principal Accountant-Tax at Safaricom Kenya
- Kenya
- Permanent
- Full-time
- Uphold the company code of conduct, policies and procedures, ensuring integrity and accountability in every aspect of your work.
- All employees have a responsibility to adhere to safety, health, and wellbeing policies, guidelines and procedures in all actions and decisions.
- Proactively support and partner with business across the Safaricom Group entities within the wider Group Tax function to create sustainable value for the Group.
- Tax policy – Tracking changes in tax legislation and advising the business on the impacted products and business areas.
- Follow-through and tax changes implementation across the various systems in the business.
- Tax training for business units and stakeholders through staff caravans and supplier forums.
- Support tax audits, disputes and tax litigation within the Group.
- Stakeholder management - Help to liaise with outside advisors (including auditors, legal, revenue authority and other advisors) to ensure proper and efficient tax planning, business partnering and solutions.
- Support the analysis of tax policy changes because of Finance Bill/Act and gazetted tax policy changes and advice on the implication for the Group.
- Monitor and communicate legislative changes and practice to the wider tax team and business as appropriate.
- Proactively review of contracts, products, and promotions to mitigate tax exposures to the business.
- Safaricom Group tax return processing and settlement of tax obligations - ensure that these processes are undertaken within the stipulated timelines.
- Updating and maintaining transfer pricing policy.
- Updating the master and locale files documentation in collaboration with external advisors.
- Managing transfer pricing models and documentation.
- Managing local transfer pricing arrangements and documentation in collaboration with external advisors.
- Transfer pricing related audits.
- Provide transfer pricing advisory and guidance to the business for key projects.
- Ensure that adequate preparations are made for the annual statutory audit & Tax compliance checks.
- Safaricom Group monthly, half and full year tax computation preparation in line with the Group annual reporting schedule.
- Prepare monthly/annual tax schedules for financial reporting purposes.
- Tax planning and forecasting reports - Preparation of monthly, quarterly and annual reports, including a variance analysis report in line with the Group reporting calendar.
- Participate in the monthly Balance Sheet Review processes, including adequately preparing the supporting schedules.
- Internal tax controls and process automation - Maintaining the tax controls, undertaking self-reviews and ensuring adherence to the documented processes, procedures and controls.
Working with Others
- Consciously takes steps to make the most of every conversation/interaction.
- Identifies people's needs, interests and motives to be able to influence the decisions they make.
- Communicates simply to excite and engage people.
- Pro-actively adapts own style and approach to build rapport, and work with others more effectively.
- Builds and maintains strong relationships and networks.
- Targets effort and resources on high-value, high impact activity.
- Focuses on achieving maximum performance and driving continuous improvement.
- Thinks about processes and problems cross-functionally and end-to-end.
- Uses knowledge of products, technology, process, systems and policy to solve problems.
- Finds creative ways to exploit opportunities and solve problems.
- Takes risks and pushes what is possible.
- Experiments with unorthodox approaches.
- High degree of commercial acumen.
- Uses data and research to make decisions that are competitively and financially robust.
- Balances current and future needs.
- Thinks and acts like an owner of the business.
- Acts in line with legal, regulatory, professional and ethical standards.
- Responds flexibly to changing situations.
- Manages the business and people aspects of change to drive performance.
- Understands how to influence or negotiate with others, in order to achieve productive outcomes.
- Fully understand the policies, processes and systems which apply to your work.
- Schedules activity and identifies resource needs, dependencies and synergies.
- Evaluates progress, mitigates risks and addresses issues.
- Analyses performance trends to determine the health of the business.
- Steers business performance by using strategy and external data to help set goals.
- Translates strategies into actionable plans that add value via process and operational improvements.
- Maintains controls within Financial Systems through setup control and master data management.
- Prepares, analyses and summarises financial data to support business operations and delivery statutory information.
- Ensures the integrity of processes and systems to record and authorise transactions in compliance with Safaricom accounting policies and regulation.
- Delivers timely and accurate reports to satisfy statutory and business requirements.
- Identifies key performance and variances, and provides recommendations.
- Develops and advises on forecast tax payments.
- Demonstrates and displays knowledge and expertise in the Tax discipline, through tax planning and advisory skills, tax compliance skills and tax governance skills, and in particular.
- Delivers filings/reports to satisfy statutory and business requirements Combines expertise and commercial awareness to deliver value added solutions.
- An Undergraduate Degree in Business, Law or similar qualification.
- CPA (K) qualified.
- A minimum of 8 years proven track record of having worked in a similar role in the Tax field with a progressive accounting firm or a Law firm with significant relevant post qualification experience in Transfer Pricing.
- Experience in staff supervision ensuring quality of work produced.
- Good accounting practices.
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