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Group Specialist: Indirect Tax Controller
| Closing Date | 2024/10/18 |
| Reference Number | CCB241008-7 |
| Job Title | Group Specialist: Indirect Tax Controller |
| Job Category | Finance and Procurement |
| Company | Coca-Cola Beverages Africa (Group Office) |
| Job Type | Permanent |
| Location – Country | South Africa |
| Location – Province | Gauteng |
| Location – Town / City | Johannesburg |
Job Description
Coca-Cola Beverages Africa (CCBA) presents an exciting opportunity for an experienced Group Specialist: Indirect Tax Controller to join the Finance Department, in CCBA. The successful applicant will be reporting into the Group Lead: Tax Management.
The Group Specialist: Indirect Tax Controller ensures the alignment of CCBA Group companies with tax strategy, compliance with legislation, and efficient management of indirect tax processes while fostering strong relationships with stakeholders. The role also interacts with Group Finance, in-country Finance / Tax teams, and the in-country Revenue Authorities on VAT, Excise tax matters, audits, and queries.
CCBA is the largest African Coca-Cola bottler, accounting for 40% of all Coca-Cola volumes on the continent. CCBA is a Non-Alcoholic Ready to Drink (NARTD) market leader with an extensive footprint in Africa, employing over 17 000 employees and serving a combined population of over 300 million people across the continent. CCBA’s vision is to “refresh Africa every day and make the continent a better place for all”, growing successfully as a business and creating a better-shared future for our people, customers, consumers, communities, planet and shareholders. We conduct ourselves with the utmost integrity for shared value and the greater good. We are a world class, customer-orientated, socially and environmentally conscious fast-moving consumer goods (FMCG) company that is driven by engaged, motivated and inspired employees.
Key Duties & Responsibilities
Continuously analyse the VAT accounts making sure the VAT is posted correctly and take appropriate actions when necessary.
Month end activities around the VAT accounting including the VAT accounts reconciliations and filing of relevant returns (specifically including the Review and filing of all monthly VAT 201 returns for registered South African vendors).
Control the VAT payment and receivable process ensuring the deadlines are met.
Coordinate ongoing improvement / standardization initiatives within VAT accounting/reporting processes to achieve best practices.
Ensure the Company is compliant with VAT regulations across the region.
Sustain an excellent relationship with local Finance Business Partners.
Participate in various projects.
Preparing responses to correspondence from Revenue Authorities (South Africa), including preparation of supporting schedules and extraction of samples drafting and lodging (i) responses to Revenue Authorities enquiries; (ii) objections to assessments; (iii) applications for rulings and/or directives.
Reviewing correspondence to Revenue Authorities (Greater Africa) in relation to request for information and/or audits.
Conducting tax health checks and reviews to ensure compliance with in-country legislation.
Monitoring in-country tax compliance.
Review of Group Companies tax General Ledger (GL) reconciliations and ensuring timely resolution of reconciling items.
Draft internal communications for business advising on legislative changes to the extent it has an impact on business.
Identification and implementation of value adding or tax saving opportunities.
Provide support to Group Companies on VAT, Customs and Excise Duties related queries; and providing support on ensuring Group Companies comply with CCBA Governance Framework and Group Tax Controls.
Oversight over the manage the Port of Entry Deferment Accounts in South Africa and ensuring adherence to Customs & Excise regulations.
Managing Import VAT, Customs and Customs queries received from border posts.
Skills, Experience & Education
Qualifications:
Degree in Accounting or Finance with Honours in Taxation or equivalent.
CA (SA) / Masters in Taxation advantageous.
Experience:
5 years’ post-qualification experience in Taxation.
5 years Financial Accounting and direct Operational Finance experience.
General The advert has minimum requirements listed.
Management reserves the right to use additional or relevant information as criteria for short-listing.
Financial Planner Discounts
| Closing Date | 2024/10/13 |
| Reference Number | CCB241003-17 |
| Job Title | Financial Planner Discounts |
| Job Category | Finance and Procurement |
| Company | Coca-Cola Beverages South Africa |
| Job Type | Permanent |
| Location – Country | South Africa |
| Location – Province | Gauteng |
| Location – Town / City | Midrand |
Job Description
Coca-Cola Beverages South Africa (CCBSA) has an exciting opportunity in the Finance department. We are looking for a talented individual with relevant skills and experience for a Financial Planner Discount role, which is based in Midrand. The successful candidate will report directly to the Financial Manager Commercial Services.
Key Purpose
To execute discount related processes and procedures for Commercial Head Office to enable accurate discount allocation, spend and reporting. Partner with commercial operational teams to provide strong, integrated analytical insights and support that enable the delivery of the discount financial performance of CCBSA.
Key Duties & Responsibilities
Key Outputs and Accountabilities
Cost Management and Reporting
Reconcile discount data between systems and provide commentary.
Prepare commentary for discount lines in the Income Statement when analysing actuals versus budget and actuals versus prior year.
Process reallocation journals, including Customer Development Finance (CDF) accruals to ensure that they’ve been correctly accounted for in the correct period, and have been correctly classified.
Consolidate total CCBSA manual discounts and conduct an analysis for Commercial as input into the Commercial Business Review.
Consolidate the regional manual discount submission and ensure this balances to the General Ledger.
Track and monitor committed line items and communicate to Purchase Order creators to ensure discounts are accounted for in the correct period.
Track and monitor discount accrual balances brought forward from prior year to ensure they are utilised within the required period.
Track and monitor discount accrual balances raised in current period to ensure that there are no debit balance accruals.
Prepare reconciliation for Balance Sheet general discount ledger accounts affecting Head Office Commercial.
Review all discount reconciliations prepared by Genpact and highlight outstanding accruals requiring investigation.
Review cost centres with cost centres owners in order to highlight risk of overspend / discount opportunities.
Conduct adhoc financial analyses as required by the business relating to discounts for specific customers and / or incentives, to identify opportunities for operational improvements.
Conduct discount analyses as input into calculating the Return on Investment to highlight effective and ineffective promotions to drive top line margin improvements.
Provide suggestions to improve discount reporting for the business.
Governance
Track and monitor Risk and Control Matrix (RACM) adherence and compliance relating to discounts within commercial head office teams and conduct quarterly self-assessments.
Track and monitor all discount related accounts to ensure correct item classification and compliance to the CCBSA reporting standardisation guidelines, as defined by The Coca-Cola Company.
Prepare and provide supporting evidence for items requested by internal and external auditors.
Build discounts capability with Head Office Commercial teams through ongoing coaching and support.
Budgeting
Partner with Pricing to ensure the discount full-year forecast for the financial period caters for all promotions for all Channels.
Skills, Experience & Education
Qualifications and Experience
BCom in financial management or equivalent.
Chartered Accountant of South Africa (CA(SA)) / Chartered Institute of Management Accountants (CIMA) would be advantageous.
3-5 years of financial management experience.
Intermediate level of MS Office.
Competencies
Customer Focus
Is dedicated to meeting the expectations and requirements of internal and external customers; gets first-hand customer information and uses it for improvements in products and services; acts with customers in mind; establishes and maintains effective relationships with customers and gains their trust and respect.
Timely Decision
Making Makes decisions in a timely manner, sometimes with incomplete information and under tight deadlines and pressure; able to make a quick decision.
Approachability
Is easy to approach and talk to; spends the extra effort to put others at ease; can be warm, pleasant, and gracious; is sensitive to and patient with the interpersonal anxieties of others; builds rapport well; is a good listener; is an early knower, getting informal and incomplete information in time to do something about it.
Action Oriented
Enjoys working hard; is action oriented and full of energy for the things he/she sees as challenging; not fearful of acting with a minimum of planning; seizes more opportunities than others.
Interpersonal Savvy
Relates well to all kinds of people, up, down, and sideways, inside and outside the organization; builds appropriate rapport; builds constructive and effective relationships; uses diplomacy and tact; can diffuse even high-tension situations comfortably.
Organizing
Can marshal resources (people, funding, material, support) to get things done; can orchestrate multiple activities at once to accomplish a goal; uses resources effectively and efficiently arranges information and files in a useful manner.
Knowledge
- International Financial Reporting Standards (IFRS) reporting standards used to regulate reporting standards.
General
The advert has minimum requirements listed. Management reserves the right to use additional/relevant information as criteria for short-listing. Interested applicants, who meet the above employee specifications, should please apply.
All the best with your applications.
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