Vacancy title:
Group Lead: International Tax & Transfer Pricing
Jobs at:
Coca-Cola Beverages AfricaDeadline of this Job:
Thursday, February 29 2024
Summary
Date Posted: Thursday, February 15 2024, Base Salary: Not Disclosed
JOB DETAILS:
Job Description Coca-Cola Beverages Africa (CCBA) presents an exciting opportunity for an experienced Group Lead: International Tax & Transfer Pricing, to join the Finance Department, in CCBA. The successful applicant will be reporting into the Group Head: Tax.
The applicant may reside in any of the CCBA footprint of countries: South Africa, Ethiopia, Kenya, Uganda, Tanzania, Ghana, Mozambique, Botswana, Namibia or Zambia.
The role will oversee the international Tax and Transfer pricing element for CCBA. The role will ensure compliance according to specific country legal requirements and will interact with Group leadership, and in Country CMT and Tax roles, as well as external tax consultants and tax authorities.
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
• Raising awareness of transfer pricing within finance teams and providing oversight on all transfer pricing matters within the company.
• Provide advisory tax support to the different countries and Group Tax team, including transfer pricing analysis, reporting, and advising on implications of new business initiatives. This includes potential M&A considerations.
• Managing and preparing transfer pricing documentation to support intra-group transactions in compliance with local regulations.
• Coordinates the preparation of a Country-by-Country report and manages required in-country notifications, conducting regular internal reviews of transfer pricing policies as per the latest tax regulation developments.
• Staying abreast of new tax legislative changes. It requires comprehensive knowledge of transfer pricing, including the application of Organisation for Economic Co-operation and Development principles and country-specific guidelines (particularly in Africa and South Africa), and the incumbent is expected to leverage this knowledge for potential business development / improvement.
• Supporting the roll-out of tax policies aimed at mitigating known or anticipated risks. This includes actively supporting all tax disputes, providing necessary technical guidance in their resolution, and regularly updating all relevant stakeholders on progress.
• Responsible for capturing tax learnings from one country and sharing them with other entities.
• Coordinate multi-territory and cross-border tax-related activities, proactively identifying risks and opportunities within these domains.
• Oversees the roll-out of the Tax Control Framework across all markets by conducting and coordinating peer reviews, working closely with Risk and Internal Audit teams on testing these controls.
• Provide specific support on the expatriate tax remuneration advisory support to Total Reward function, offering guidance on company and expatriate tax implications.
• Providing tax advice and support on the implementation of international transactions and mergers and acquisitions.
• Assists with tax and regulatory registrations and applications, such as Ghana Investment Promotion Centre applications, excise duty applications, and electronic fiscal device requirements
• Effectively mitigating known or anticipated tax risks through the implementation of strategic tax policies. Demonstrated through a reduction in tax-related disputes and an improved risk profile for the organisation
• Providing precise and timely tax advice, especially on international transactions and mergers and acquisitions. Through smooth execution of these transactions with optimal tax implications and compliance with all regulatory requirements.
• Tax Control Framework set up across all markets: Success would be measured by the effectiveness of these controls in ensuring tax compliance, as validated by internal audits and risk assessments, as well as by the level of guidance and support provided to expatriates regarding their tax implications.
• Skills, Experience & Education
Qualifications:
• BCom / LLB Degree with a post graduate qualification
• Experience:
• Extensive knowledge in International Tax and Transfer Pricing requirements
• Between 4 to 6 years commercial experience
• General The advert has minimum requirements listed.
• Management reserves the right to use additional or relevant information as criteria for short-listing.
Education Requirement: No Requirements
Work Hours: 8
Experience in Months: 48
Level of Education:
Job application procedure
• Interested and qualified? Click here to apply
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