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Accountant: Tax and Regulatory Reporting - BancABC Zimbabwe

Location: Harare
Alert: Application Deadline Expired

Job Summary

Provide accounting support and assist in preparing and submitting statutory returns.

Duties And Responsibilities

Tax

  • Prepare various tax returns and ensure filing timely and accurately.
  • Prepare all tax payments for the various tax heads before the due dates on a monthly basis
  • Prepare supporting calculations for Quarterly Payments Dates (QPDs) and Annual Tax Returns including payment of the taxes.
  • Assist the Manager in closely tracking updates on tax rules and regulations, and timely adjust internal policy and procedures to reflect the changes.
  • Assist the Manager to establish standardized internal controls and procedures of tax management for the Bank.
  • Collaborate with tax authorities on information requests and audits.

Regulatory Reporting

  • Prepare the daily, weekly, monthly, quarterly and annual Regulatory returns to ensure accuracy and completeness before submission to regulatory bodies: Reserve Bank, Deposit Protection Corporation, etc.
  • Investigate and explain all material periodic movements on such returns and initiate any correcting journals where discrepancies have been noted
  • Address and resolve queries on statutory returns and reports and provide first-line contact with regulatory bodies.
  • Maintain a file of all correspondences with regulatory authorities.
  • Assist with the annual year-end external audit requirements for tax and regulatory returns.
  • Maintain and track a calendar of all regulatory and tax returns

Reconciliations

  • Liaise with the Tax Authorities monthly to prepare reconciliations for all tax head accounts with ZIMRA.
  • Reconcile internal general ledger clearing accounts for all tax types on a monthly basis.
  • Maintain an attestation file for internal and external tax accounts and ensure that reconciling items are cleared in a timely manner

Other

  • Provide a monthly analysis of key P&L and Balance Sheet lines for month-end reporting.
  • Preparing month-end schedules and journal entries, posting to general ledger as well as authorising journal entries initiated by colleagues
  • Review and authorise general ledger maintenances including marking of holidays, opening of accounts, locking and unlocking of General Ledgers, etc.
  • Assists with the resolution of external and internal audit findings.

Qualifications And Experience

  • B.Comm, BA or BSc or equivalent in Accounting, Business Studies, Economics, or related field
  • Progress towards attainment of a professional accounting qualification such as CA, ACCA, CIS, CIMA, or ICTA
  • A minimum of 2 years experience as an Accountant or a similar role.
  • Previous tax experience whether within Zimra or in an auditing firm is an advantage.
  • Proven ability to calculate, post and manage accounting figures and financial records

Skills and Competencies:

  • Highly attentive to detail
  • Proficiency in process improvement
  • Strong time management and organizational skills
  • High degree of accuracy and attention to detail
  • Ability to work independently and prioritize tasks
  • Hands-on experience with spreadsheets and proprietary software
  • Proficiency in English and in MS Office
  • Ability to work under pressure and strong adherence to deadlines and targets.
  • Customer service orientation and negotiation skills
  • Strong relationships building and networking skills.
  • The ability to show empathy to diffuse and resolve customer dissatisfaction.

Job Related Knowledge

  • Knowledge of basic accounting principles
  • In-depth knowledge of tax principles and tax administration
  • Knowledge and experience in compiling regulatory returns for Banks

How To Apply

Interested applicants who meet the job requirements should e-mail their CVs to Careerszim@bancabc.co.zw with the Heading: “Accountant: Tax and Regulatory Reporting” attaching certified copied of your academic qualifications and National ID.

APPOINTMENTS WILL BE MADE IN COMPLIANCE WITH BancABC’s RECRUITMENT POLICY.

Alert: Application Deadline Expired

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