With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.
Job Summary
The role requires the strong ability to provide employees’ tax advice across all aspects of employment taxes and to lead the Employment Tax function for the Group. Experience in managing the employees' tax function is advantageous. Experience in Africa and international tax is preferred.Job Description
Accountability: Tax Advisory
- Provide Employees’ Tax advice in accordance with the required guidelines to the Absa Group.
- Responsible for and driving the strategy of the Employees’ Tax team
- Advise and guide Absa Payroll of changes to legislation to enable the required updates on Payroll and HR systems.
- Advising and testing of the implementation of tax controls the changes in tax legislation.
- Point of contact on all employment tax issues with SARS and respective employment related departments.
- Managing all matters of Employees’ Tax risk with business units and/or subsidiaries including attending meetings with management and auditors.
- Resolve employees' tax audit issues.
- Conduct training on employees’ tax and other tax matters.
- Ad hoc advice on direct tax issues.
- Advise and sign-off on the New product Approval (NPA) process as well as tax planning opportunities.
- Lead commentator for employees’ tax for the Banking Association of South Africa, including managing lobbying efforts with National Treasury.
Accountability: Managing SARS Special Projects (Systems Applications)
- Point of contact and liaison between SARS and Absa with respect to all employees’ tax related SARS projects.
- Engage with SARS to address all legislative, practical and IT related issues on projects.
- Initiate, participate or manage project teams together with Absa project managers in Change Management.
- Brief and obtain Senior Counsel opinion on project related issues to ensure that SARS requirements are legislatively accurate and that the Bank is not at risk.
- Manage all individual tax related external reporting for the Group.
- Ensure that submissions to SARS are met in accordance with deadlines.
Accountability: People Management (Preferred)
- People management to ensure effective daily operations.
- Develop a high performing team by embedding formal performance development and informal coaching. Encourage frequent knowledge sharing between team members.
- Determine development needs for the team and ensure that identified training requirements are budgeted for and executed.
Accountability: Networking
- Establish and maintain strong relationships with Absa Group subsidiaries and stakeholders.
- Establish and maintain strong relationships with the South African Revenue Services, National Treasury and the Banking Association of South Africa (BASA).
Accountability: Representing in Internal and External Forums
- Represent Group Tax in Industry forums as well as internal forums on matters of Employment Taxes.
- To be the point of contact and liaison between SARS and Absa with respect to Employment Tax projects.
- Discuss and provide input at BASA workgroups as well as other industry bodies e.g. SAICA, SAIT.
Education and Experience Required:
- B Com or Honours Degree or equivalent NQF level qualification
- 5 to 7 years’ experience within the Financial Services Industry specifically in the Tax environment
- 5 years consulting experience in Employment Taxes
Preferred Requirements:
- B Comm – Tax
- HDIP Tax
- International Tax
Knowledge & Skills:
- Analytical Skills
- Leadership Skills
- Problem solving
- General accounting knowledge
- Numerical skills
- Interpreting Level
- Report and opinion writing
Competencies:
- Deciding and initiating action
- Learning and researching
- Entrepreneurial and commercial thinking
- Relating and networking
- Adapting and responding to change
- Persuading and influencing
- Creating and innovating
- Interpreting tax legislation
Education
Bachelor`s Degrees and Advanced Diplomas: Financial Sciences (Required)Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.
Absa Bank Limited reserves the right not to make an appointment to the post as advertised
Skills Required
- B Com or Honours Degree or equivalent NQF level qualification
- 5 to 7 years' experience within the Financial Services Industry specifically in the Tax environment
- 5 years consulting experience in Employment Taxes
Absa Group Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Absa Group and has not been reviewed or approved by Absa Group.
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Healthcare Strength — Medical aid, group life, disability, and funeral cover are described as comprehensive, with features such as terminal‑illness advances and beneficiary grocery benefits. Wellness and assistance offerings support overall financial and personal wellbeing.
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Retirement Support — A pension fund and group retirement arrangements are positioned as core benefits within fixed remuneration. Retirement coverage is embedded alongside other protections as part of standard employment.
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Equity Value & Accessibility — Employee share‑ownership (eKhaya) and equity‑linked awards broaden wealth‑sharing, with dividends or cash‑equivalent participation in some markets. This provides longer‑term value beyond base pay.
Absa Group Insights
What We Do
Absa Group Limited (Absa) has forged a new way of getting things done, driven by bravery and passion, with the readiness to realise growth on the African continent and beyond. We’re a truly African brand, inspired by the people we serve in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania, Uganda, and Zambia. We also have representative offices in China, Namibia, Nigeria and the United States, as well as securities entities in the United Kingdom and the United States, along with technology support colleagues in the Czech Republic.
