Tax Account Clerk

Main Purpose

The Account Clerk is responsible to Implement & integrate in tax control processes, tax cash flow system on all within tax scope receivables & payables, in accordance with all relevant regulations, laws, and reporting requirements. Follow established procedures and guidelines to accurately maintain the organization’s Tax financial records and transactions.

Knowledge Skills and Abilities, Key Responsibilities

Key Responsibilities: Tax working capital – Cash flow and cost management

• Implement & integrate in tax control processes, tax cash flow system on all within tax scope receivables & payables.
• Work with & provide guidance to local finance team to achieve material reduction of mainly indirect & direct tax receivables.
• Pro-actively monitor and follow up with local tax authorities (and consultant, where relevant) to push for full recovery of all submitted tax refund claims.

Tax Reporting and Compliance (direct and indirect taxes)

• Liaise with Regional Shared Service Centre every month end to ensure accurate review of the monthly tax computations happens & ensure HFM validation as per agreed deadline in respect of monthly tax reporting of the Mozambican operations.
• Ensure correct monthly accounting of VAT & other taxes in local accounts (including tax provisions, WHT, petroleum tax levies, etc) in Mozambique and provide feedback on the necessary reconciliations.
• File accurately and timely the CIT and TP returns/filings for the Company.
• File accurately and timely the VAT returns for the company.
• File accurately and timely the other local tax returns for the company.
• Explain the balances and movements in the tax accounts as well as tax issues and risks on a monthly basis to the regional tax team.
• Provide feedback on movements on tax issues and risks on a weekly basis to the regional tax team.

Tax audits and legal tax proceedings

• Coordinate and follow up in consultation with local/regional/group tax until the close of the current & planned tax audits and investigations with the tax authorities and provide monthly feedback to regional/group tax on the progress.
• Take accountability for any follow up with the tax authorities in order to clear any query prior or during the tax audit process – this includes monthly review of the statement of account for the entity with the authorities and reconciling their tax receivables/payable status with the entity’ books.
• Ensure all financial & tax information for the company is saved in the shared directory and tax risk register and available for reproduction if required by the tax authorities or other stake holders.

Tax planning & Tax risk management

• Keep abreast with new tax developments in-country, particularly the direct/indirect tax changes impacting Puma downstream business in-country.
• Ensure professional & productive working relationship with the tax administration of Mozambique.
• Complete the on-line Puma tool (TCPP) relating to the tax filings and monthly status review of the tax risk register for the company.
• Identify and address any tax contingency issues – Raise awareness of global tax risk management policy with the local finance team.
• Attend meetings and participate on behalf of finance when needed.

Requirements

Education & Experience

• Degree in Tax/Accounting.
• At least 3-5 years’ experience in Tax or tax accounting, preferably within a big “4” accounting firm or the tax audit division of the tax administration.
• Good knowledge of mid & downstream oil & gas’ indirect taxes in Mozambique would be an advantage.

Skills & Competencies

• High potential profile.
• Team player with ability to deal effectively with non-tax people.
• Good verbal and written communication skills with the ability to articulate complex information.
• Exposure to working in a large taxpayer office of a tax administration and having a good acumen for business.
• Can work independently with strong organizational skills and excellent attention to detail.

 Competencies

• Ability to prioritize and schedule work; meet multiple deadlines, communicate effectively, both orally and in writing, and remain calm in stressful situations. Leadership skills.
• Demonstrated ability to work on multiple projects in a high stress environment.
• Good organizational skills.

Key Relationships and Department Overview

Key Relationships:

• Internal – Finance Managers, Controller & Financial Manager, Treasury Manager, Planning Manager, Chief Accountants, Finance Analyst.
• External – Internal/External Auditors, Tax Firms.