ASSISTANT ACCOUNTANT TAX KET 7 ONE 1 POSITION REF: KET/5/1C/40/212/VOL I – B 04/2024 ON PERMANENT & PENSIONABLE TERMS

Reporting to the Accountant, Tax

 Job purpose

This Job is responsible for managing the application of the prevailing tax laws in processing of payments and the timely preparation and submission of the organisations’ tax payments and returns

Key Responsibilities;

• Computation and reconciliation of the company’s weekly and monthly taxes based on reports extracted from the company’s SAP system.
• Computation of the company’s corporation tax and instalment tax amount payable as per the provisions of the Income Tax Act ,CAP 470.
• Preparation and filing of monthly tax returns in accordance with the applicable Tax laws
• Liaising with KRA on company’s tax matters and participating in meetings to discuss tax matters affecting the company
• Preparation of weekly and monthly tax reports
• Preparation and submission of Objections to tax assessments as provided under the Tax Procedures Act, CAP 469B
• Responding to correspondence from KRA and other external customers on tax related issues
• Participating in contract evaluation and negotiation meetings to advise on appropriate tax clauses
• Retrieving ,compiling and providing information and supporting evidence requested by internal and external auditors during audit and providing information requested by KRA during tax compliance checks
• Maintaining and regularly updating a tax register for monitoring all tax matters affecting the company.
• Liaising with the stakeholders, internal and external customers concerning tax matters and queries affecting the company’s operations
• Reconciliation of the company’s SAP tax ledger accounts to KRA’s i-Tax ledger
• Participating in resolution of tax disputes involving the company
• Obtaining and compiling information and documents requested by KRA regarding the company’s suppliers and contractors.
• Keeping in safe custody tax related records and accountable documents

Minimum Qualifications & Skills required

• Diploma in Finance/Accounting/Economics/Business or related field from a recognized institution
• Certified Public Accountant, CPA – Part II or ACCA Part II;
• A minimum of four 4 years relevant work experience.