Senior Tax Accountant
2025-04-29T20:04:09+00:00
CIC Insurance
https://cdn.greatkenyanjobs.com/jsjobsdata/data/employer/comp_7945/logo/CIC-Insurance.jpg
https://ke.cicinsurancegroup.com/
FULL_TIME
Nairobi
Nairobi
00100
Kenya
Insurance
Accounting & Finance
2025-05-09T17:00:00+00:00
Kenya
8
PURPOSE:
Reporting to the Group Head of Financial Controls and Governance, the Senior Tax Accountant will ensure the Group’s full compliance with tax laws and regulations across all jurisdictions, while proactively managing tax risks, advising on tax-efficient structures, and supporting strategic planning. The role will oversee tax reporting, filing, audits, reconciliations, and advisory to enhance compliance and governance within the Group.
PRIMARY RESPONSIBILITIES:
Tax Compliance and Reporting
- Ensure timely and accurate preparation and submission of all tax returns (VAT, PAYE, Withholding Tax, Corporate Income Tax, Excise, etc.) for the Group and its subsidiaries.
- Maintain an updated calendar of all tax obligations and ensure timely action.
- Review tax schedules and computations for accuracy, completeness, and compliance.
Tax Planning and Advisory
- Provide strategic tax planning advice to optimize the Group’s tax position.
- Advise on tax implications of new products, corporate transactions, or changes in tax law.
- Liaise with subsidiaries and finance teams to support decision-making with tax impact analysis.
Tax Risk Management & Audit Support
- Prepare for and manage tax audits, investigations, and queries from tax authorities.
- Ensure robust internal controls are in place for all tax-related processes.
- Track, assess, and mitigate tax risks and exposures across the Group.
Transfer Pricing and Intercompany Transactions
- Ensure compliance with local and international transfer pricing regulations.
- Prepare and maintain documentation in line with OECD guidelines and local laws.
- Monitor intercompany transactions and ensure arm’s-length pricing.
Tax Reconciliations and Analysis
- Reconcile all tax accounts (ledgers vs. tax returns) monthly and investigate variances.
- Coordinate with finance teams to resolve discrepancies in a timely manner.
- Monitor deferred tax positions and ensure accurate accounting treatment.
Stakeholder Engagement and Regulatory Updates
- Serve as the primary contact with tax consultants, auditors, and tax authorities.
- Stay updated with changes in tax laws and communicate implications to internal stakeholders.
- Represent the Group in tax forums and advocate for favorable policy interpretations where necessary.
Key Skills, Knowledge, Experience and Behavioural Competencies
Academic and Professional Requirements
- Education Bachelor’s Degree Degree in Accounting, Finance, or a related field.
- A Master’s degree or higher professional certification (e.g., Advanced Taxation, ADIT) is an added advantage.
- Professional Qualification CPA (K) or ACCA qualified.
- Preferred Certifications (Desirable but not mandatory): Taxation certifications or training from KRA, ICPAK, or reputable institutions.
- Membership in a professional body (e.g., ICPAK, ACCA).
Experience Required:
- Relevant experience Minimum 6 years of relevant experience in tax, with at least 2 years at a senior level.
Skills and Competencies
- Solid knowledge of Kenyan tax laws and IFRS, including IAS 12 (Income Taxes).
- Experience with group tax consolidation, multinational tax issues, and digital tax administration platforms (e.g., iTax).
- Strong analytical and technical tax knowledge.
- High attention to detail and accuracy.
- Excellent communication and interpersonal skills.
- Proactive, with strong problem-solving and advisory capability.
- Integrity, confidentiality, and strong ethical judgment.
- Proficiency in ERP systems (e.g., Microsoft Dynamics AX) and Microsoft Excel.
ax Compliance and Reporting Ensure timely and accurate preparation and submission of all tax returns (VAT, PAYE, Withholding Tax, Corporate Income Tax, Excise, etc.) for the Group and its subsidiaries. Maintain an updated calendar of all tax obligations and ensure timely action. Review tax schedules and computations for accuracy, completeness, and compliance. Tax Planning and Advisory Provide strategic tax planning advice to optimize the Group’s tax position. Advise on tax implications of new products, corporate transactions, or changes in tax law. Liaise with subsidiaries and finance teams to support decision-making with tax impact analysis. Tax Risk Management & Audit Support Prepare for and manage tax audits, investigations, and queries from tax authorities. Ensure robust internal controls are in place for all tax-related processes. Track, assess, and mitigate tax risks and exposures across the Group. Transfer Pricing and Intercompany Transactions Ensure compliance with local and international transfer pricing regulations. Prepare and maintain documentation in line with OECD guidelines and local laws. Monitor intercompany transactions and ensure arm’s-length pricing. Tax Reconciliations and Analysis Reconcile all tax accounts (ledgers vs. tax returns) monthly and investigate variances. Coordinate with finance teams to resolve discrepancies in a timely manner. Monitor deferred tax positions and ensure accurate accounting treatment. Stakeholder Engagement and Regulatory Updates Serve as the primary contact with tax consultants, auditors, and tax authorities. Stay updated with changes in tax laws and communicate implications to internal stakeholders. Represent the Group in tax forums and advocate for favorable policy interpretations where necessary.
Solid knowledge of Kenyan tax laws and IFRS, including IAS 12 (Income Taxes). Experience with group tax consolidation, multinational tax issues, and digital tax administration platforms (e.g., iTax). Strong analytical and technical tax knowledge. High attention to detail and accuracy. Excellent communication and interpersonal skills. Proactive, with strong problem-solving and advisory capability. Integrity, confidentiality, and strong ethical judgment. Proficiency in ERP systems (e.g., Microsoft Dynamics AX) and Microsoft Excel.
Education Bachelor’s Degree Degree in Accounting, Finance, or a related field. A Master’s degree or higher professional certification (e.g., Advanced Taxation, ADIT) is an added advantage. Professional Qualification CPA (K) or ACCA qualified. Preferred Certifications (Desirable but not mandatory): Taxation certifications or training from KRA, ICPAK, or reputable institutions. Membership in a professional body (e.g., ICPAK, ACCA). Experience Required: Relevant experience Minimum 6 years of relevant experience in tax, with at least 2 years at a senior level.
JOB-681130b9453ca
Vacancy title:
Senior Tax Accountant
[Type: FULL_TIME, Industry: Insurance, Category: Accounting & Finance]
Jobs at:
CIC Insurance
Deadline of this Job:
Friday, May 9 2025
Duty Station:
Nairobi | Nairobi | Kenya
Summary
Date Posted: Tuesday, April 29 2025, Base Salary: Not Disclosed
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JOB DETAILS:
PURPOSE:
Reporting to the Group Head of Financial Controls and Governance, the Senior Tax Accountant will ensure the Group’s full compliance with tax laws and regulations across all jurisdictions, while proactively managing tax risks, advising on tax-efficient structures, and supporting strategic planning. The role will oversee tax reporting, filing, audits, reconciliations, and advisory to enhance compliance and governance within the Group.
PRIMARY RESPONSIBILITIES:
Tax Compliance and Reporting
- Ensure timely and accurate preparation and submission of all tax returns (VAT, PAYE, Withholding Tax, Corporate Income Tax, Excise, etc.) for the Group and its subsidiaries.
- Maintain an updated calendar of all tax obligations and ensure timely action.
- Review tax schedules and computations for accuracy, completeness, and compliance.
Tax Planning and Advisory
- Provide strategic tax planning advice to optimize the Group’s tax position.
- Advise on tax implications of new products, corporate transactions, or changes in tax law.
- Liaise with subsidiaries and finance teams to support decision-making with tax impact analysis.
Tax Risk Management & Audit Support
- Prepare for and manage tax audits, investigations, and queries from tax authorities.
- Ensure robust internal controls are in place for all tax-related processes.
- Track, assess, and mitigate tax risks and exposures across the Group.
Transfer Pricing and Intercompany Transactions
- Ensure compliance with local and international transfer pricing regulations.
- Prepare and maintain documentation in line with OECD guidelines and local laws.
- Monitor intercompany transactions and ensure arm’s-length pricing.
Tax Reconciliations and Analysis
- Reconcile all tax accounts (ledgers vs. tax returns) monthly and investigate variances.
- Coordinate with finance teams to resolve discrepancies in a timely manner.
- Monitor deferred tax positions and ensure accurate accounting treatment.
Stakeholder Engagement and Regulatory Updates
- Serve as the primary contact with tax consultants, auditors, and tax authorities.
- Stay updated with changes in tax laws and communicate implications to internal stakeholders.
- Represent the Group in tax forums and advocate for favorable policy interpretations where necessary.
Key Skills, Knowledge, Experience and Behavioural Competencies
Academic and Professional Requirements
- Education Bachelor’s Degree Degree in Accounting, Finance, or a related field.
- A Master’s degree or higher professional certification (e.g., Advanced Taxation, ADIT) is an added advantage.
- Professional Qualification CPA (K) or ACCA qualified.
- Preferred Certifications (Desirable but not mandatory): Taxation certifications or training from KRA, ICPAK, or reputable institutions.
- Membership in a professional body (e.g., ICPAK, ACCA).
Experience Required:
- Relevant experience Minimum 6 years of relevant experience in tax, with at least 2 years at a senior level.
Skills and Competencies
- Solid knowledge of Kenyan tax laws and IFRS, including IAS 12 (Income Taxes).
- Experience with group tax consolidation, multinational tax issues, and digital tax administration platforms (e.g., iTax).
- Strong analytical and technical tax knowledge.
- High attention to detail and accuracy.
- Excellent communication and interpersonal skills.
- Proactive, with strong problem-solving and advisory capability.
- Integrity, confidentiality, and strong ethical judgment.
- Proficiency in ERP systems (e.g., Microsoft Dynamics AX) and Microsoft Excel.
Work Hours: 8
Experience in Months: 72
Level of Education: bachelor degree
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