Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this. Job Description 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. This Cape Town based role is within the Tax Reporting team, reporting to the Lead: Group Tax Reporting Analyst. This team comprises of senior specialized tax professionals. The Tax Reporting teams function is to ensure accurate, efficient and timely tax input into the wider Group Finance Reporting team, to ensure that Old Mutual as a listed entity meets its reporting requirements, with adequate tax transparency/disclosure/reporting to relevant stakeholders. The Tax Reporting team is also responsible for interrogating the tax numbers out of the financial reporting systems, managing, computing, collating and consolidating the tax reporting requirements (including detailed computations and disclosure in the annual financial statements) across all the Old Mutual segments (including long and short-term insurance, the asset management, wealth and investment segment, as well as the Rest of Africa). The Tax Reporting team is also responsible for producing the Tax Transparency Report, as an Appendix to the Group Integrated report in compliance with Tax Standard GRI207, Principles of Responsible Investment as well as JSE requirements. The focus of the Group Tax team is to provide expert knowledge and support to ensure that the Group effectively and efficiently integrates tax numbers and transparency into business processes for decision making and reporting. The team is proud to lead the OML Group disclosure and communication regarding the Group’s tax contribution in a realistic, transparent manner. Role Overview The role will primarily be responsible for assisting with the OML Group tax reporting process quarterly, business planning and forecasts including coordinating the sign off process. Prepare guidance on the tax pack sign off to Group tax reporting team. This includes IFRS Income statement, Balance sheet, Tax notes, Headline Earnings and Adjusted Headline Earnings (“AHE”) figures with commentary. Review of Group results, including segmental submissions, commentary and headline earnings and AHE tax for group sign off. Prepare detail Group IFRS and AHE ETR analysis, consolidate and review BU commentary. Review OML Statutory tax disclosure notes as per the AFS prepared by Finance AFS team and agree to HFM. Manage segmental sign off process for input into the AFS. Monitors IFRS and AHE ETR for the Group on a monthly basis. Consolidation of Tax reports for Audit committees and Segmental meetings. Preparation and reconciliation of the deferred tax proof for OML including analysis. Analysis of Group Tax balances. Consolidation of tax related off-balance sheet items in the Group, and related deferred tax assets. Reviews, manages and provides guidance on the tax accounting processes. Assists in development and implementation of tax systems and planning opportunities for the organization and ensures that all Tax accounting requirements are met. Reviews and/or preparation of adhoc Tax reporting requirement as required from time to time. Assist with the implementation of Group Tax Policy across the business. Review of Tax Returns (including preparation of CFC computations), and Tax Ruling Applications to SARS on behalf of the business. May prepare or assist with the preparation of Voluntary Disclosure Submissions and penalty remissions letters to SARS. Assist with audit queries, Investor relations and other stakeholder queries. Develop and maintain Standard operating procedures (“SOPS”) for the Group Tax reporting process. Key Result Areas: Execution to deadlines, effective processes to ensure timely reporting and accountability by living Old Mutual’s values. Demonstrate the ability to engage, collaborate and partner with different stakeholders in order to successfully establish adequate processes for reporting on complex business transactions and circumstances. Demonstrate the ability to remain resilient and focused in a dynamic, pressured and demanding environment. Demonstrates a culture of high performance, commitment to deadlines and team support. Demonstrate innovative thinking, consistent energy, drive, creativity and perseverance in order to deliver high quality results and meaningful narratives/reports. Work together with and maintain continuous internal stakeholder engagements that strengthen relationships of trust. Focus on integration, alignment and continuous improvement of tax reporting and sign-off processes, within Group Tax. Requirements: Qualified CA(SA) preferred with minimum Honors in Tax. 3 years or more relevant tax compliance, tax consulting experience and/or tax reporting experience. HFM, Oracle and OneStream experience is highly beneficial. Strong Financial Services/Life Insurance Tax related experience is essential. Strong knowledge of financial services industry and understanding of Life Insurance Products. IFRS knowledge particularly related to tax disclosure, tax accounting and group reporting. Good operational understanding of the Financial Services Industry, Life Insurance Companies, Unit Trusts, Lisps, Asset Managers and short-term insurers. Strong Tax Compliance and or Tax Reporting experience. Personal attributes Displays a positive attitude. Strong numeracy and literacy skills, in particular, excellent verbal and written communication skills. Possess a strong drive and determination to succeed. Displays a passion for accounting, tax and career aspirations. Demonstrative ability to take initiative, be a self-starter and able to execute effectively. Takes ownership and accountability of deliverables and career aspirations. Resilient, delivers high quality of service delivery and meets reporting deadlines, under pressure. Agile, adaptable and ability to cope with a dynamic environment. Demonstrates ability to collaborate effectively across multiple stakeholders. Demonstrate reliability, integrity and professionalism. The appointment may be made at a lower role size depending on the successful candidates' qualifications, skills and experience. Skills Financial Reporting and Analysis, Management Reporting, Tax Accounting, Tax Compliance, Tax Consulting, Tax Legislation, Tax Policy, Tax Reporting. Closing Date 26 September 2024 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. Old Mutual Limited is pro-vaccination and encourages its workforce to be fully vaccinated against Covid-19. All prospective employees are required to disclose their vaccination status as part of the recruitment process. Please refer to the Old Mutual’s Covid-19 vaccination policy for further detail. Kindly note that Old Mutual reserves the right to reinstate the requirement to vaccinate at any point if it is of the view that it is imperative to do so. About Us Old Mutual is a premium African financial services organisation that offers a broad spectrum of financial solutions to retail and corporate customers across key market segments in 14 countries. The lines of business include Life and Savings, Property and Casualty, Asset Management and Banking and Lending. 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