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Location: 

Johannesburg, GT, ZA

Tax and Regulatory Specialist

About Swiss Re Corporate Solutions 

 

Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime.

Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work.

 

 

The opportunity:
We are looking for a Tax and Regulatory specialist. This person will be responsible for handling and maintaining the company's tax and regulatory requirements.

 

Main Responsibilities:

  • Preparation of the monthly VAT calculations and the submission of the VAT returns on e-filing

  • Preparation of the annual income tax calculations, and provisional income tax calculations, and the submission of the returns on e-filing
  • Completion of tax audits/reviews and submission of required information to SARS if required
  • Gathering information and explaining options for best tax practice to senior management
  • Researching tax laws and practice when required
  • Computation of annual taxes and tax planning for the following year
  • Preparation and submission, in collaboration with our external service provider, of the annual and quarterly quantitative reporting templates (QRT) to the Prudential Authority of the South African Reserve Bank
  • Will be the primary liaison between the company and our external service provider for the extraction of financial information required to calculate the SCR and MCR capital coverage ratios
  • Liaise with the Prudential Authority on an any questions raised on the quarterly and annual QRT's
  • Liaise with the external auditors on the annual QRT and ensure that the return is signed off by the external auditors within the required deadline
  • Review of actual capital levels against the internal group requirement; will provide solutions to senior management should the capital level fall below the internal group requirement
  • Implementation of appropriate financial reporting processes, from source data to prescribed regulatory / statutory reporting templates, including relevant process documentation
  • Project support on an ad hoc basis and assisting in the preparation of financial reports when needed
  • Strong collaboration with operations, claims, underwriting and group finance functions
  • Collaboration with IFRS Project and Group Tax Reporting functions

 

Qualifications and Competencies:

  • University degree in the field of finance or accounting
  • Minimum 5 years of working experience in a short-term insurance tax and regulatory function
  • Rich experience with accounting systems
  • Knowledge in IFRS accounting for income taxes
  • Solid understanding of local regulatory requirements
  • Strong problem solving, interpersonal and analytical skills
  • Ability to sustain high level of work output and meet very tight reporting time schedules
  • Ability to work remotely and with people across locations and time zones
  • Ability to effectively collaborate closely and coordinate information across global teams
  • You are proficient in English – verbal and written communication

 

We are looking forward to your application!

 

Preference will be given to Employment Equity candidates.

 

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

 

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Keywords:  
Reference Code: 119936 

 


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