Officer, Tax at Standard Bank

We are seeking a detail-oriented and analytical Tax Officer to join our team in Dar es Salaam, Tanzania. As a Tax Officer, you will play a crucial role in ensuring our organization’s compliance with local and international tax regulations while optimizing our tax position.

• Prepare and file accurate and timely tax returns for the bank to the Tanzania Revenue Authorities (TRA). This includes monthly PAYE/ SDL certificate, VAT return, excise duty return, quarterly corporate tax returns, half yearly returns, and as may deem relevant..
• Conduct thorough research on tax laws and guide on tax-related matters to management and other departments
• Analyze financial data and identify opportunities for tax savings and process improvements
• Manage tax audits and respond to inquiries from tax authorities
• Develop and maintain effective relationships with government tax officials and external tax advisors
• Stay up-to-date with changes in tax legislation and assess their impact on the organization
• Collaborate with the finance team to ensure accurate recording of tax-related transactions
• Prepare monthly, quarterly, and annual tax reports for management review.
• Month end full involvement on tax entries including sweeping and clean-up of accounts.
• Preparation of quarterly service levy taxes and returns.
• Assist in the development and implementation of tax strategies to minimize tax liabilities
• Ensure compliance with transfer pricing regulations and documentation requirements
• Tax accounts reconciliation and reconciliation of other accounts as relevant and assigned.