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Standard Bank Group

Runs banking and financial services across Africa

Tax Manager

Full-Time
No salary listed
Senior
Bachelor's
Luanda, Angola
In Person
Risk & ComplianceRegulatory Compliance & Ethics

About the job

Requirements
  • A bachelor's degree in Finance and Accounting is required.
  • Five to seven years of experience in tax management and financial and value management is required.
  • Experience in banking and financial services is required.
  • A good understanding of the full financial value chain, with specialized tax experience, is required.
  • Knowledge of accounting systems, specifically SAP and Finacle, is required.
  • In-depth knowledge of relevant regulatory requirements and future developments affecting a specific tax portfolio is required.
  • A solid understanding of banking products and activities is required.
  • Technical skills in continuous process improvement, financial acumen, financial and accounting control, financial management, and tax management are required.
Responsibilities
  • Analyze the operational activities within an assigned tax portfolio to identify compliance risks and ensure compliance with relevant Group Standard Bank frameworks and standards.
  • Monitor and analyze regulatory and legislative developments and provide expert advice to relevant stakeholders for an assigned portfolio.
  • Prepare and contribute to tax reports required by governance structures, committees, and regulations, particularly concerning compliance performance for a tax portfolio.
  • Develop and maintain the Tax Regulatory Universe to help organizations meet legislative requirements.
  • Communicate relevant tax issues through established escalation and communication processes to ensure timely resolution and minimize financial or reputational harm.
  • Proactively identify and resolve gaps in controls, processes, and procedures, and advise on and monitor remediation plans.
  • Provide tax-compliance management information concerning business-area services.
  • Integrate the Tax Centre of Excellence into business-area service delivery to support compliance with required frameworks, policies, and standards.
  • Perform the regulatory function prescribed by relevant regulatory bodies in Angola.
  • Inform the line manager or relevant people about regulatory inspections and act as the channel for significant requests for information, comments, and findings.
  • Provide tax advisory services to an assigned portfolio so it can manage compliance risks and conduct activities in accordance with legislation.
  • Customize and maintain generic risk management plans to ensure they suit the tax area's regulatory context.
  • Develop, monitor, and report progress against a compliance monitoring plan for a specific tax area to identify significant compliance violations, exposures, and potential improvements.
  • Review compliance frameworks, standards, and procedures for an assigned tax portfolio and advise on customization or changes as needed.
  • Promote continuous tax-cost reduction while ensuring the assigned portfolio complies with tax frameworks, standards, procedures, and regulations.
  • Conduct risk assessments and propose solutions to manage tax risk, reduce tax costs, and correct inefficiencies.
  • Train Business, Finance, and other stakeholder teams on technical tax issues affecting the business area.
  • Identify and propose improvements to tax technology and process-enhancement opportunities, focusing on efficiency.
  • Review tax training materials to ensure they meet the functional area's needs and adequately explain compliance requirements for relevant operations, and provide tailored in-person training when needed.

About the company

Standard Bank Group operates banking, insurance and investment businesses focused on Africa, serving individuals, families, businesses and institutional clients. Its services cover everyday accounts and payments, savings and lending, business finance, corporate transactions and investment banking. The group also manages insurance, asset management and wealth offerings that support clients through different financial needs and stages of life. Local banking operations connect with international centres and offshore hubs to support cross-border activity, trade and access to financial markets. Founded in 1862, the group is headquartered in Johannesburg, Gauteng, South Africa.

Company Size

10,001+

Company Stage

N/A

Total Funding

N/A

Headquarters

Johannesburg, South Africa

Founded

1862

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What believers are saying

  • Learners earn while qualifying: Standard Bank combines a monthly stipend with a formal SAQA-accredited qualification.
  • Graduates receive ongoing guidance: Standard Bank gives programme participants access to mentors, coaches and on-the-job development.
  • Further study receives support: education funding and professional certification assistance are among benefits that vary by location.

What critics are saying

  • A learnership is not a permanent-job offer: Standard Bank requires graduates of that programme to apply through recruitment.
  • Some operations roles are onsite: the Nairobi equity-operations vacancy is marked neither remote nor hybrid.
  • Settlement work has strict controls: the Nairobi equity-operations officer must process securities accurately and prevent operational losses.

What makes Standard Bank Group unique

  • African coverage is extensive: Standard Bank lists operations in 21 sub-Saharan countries, four global centres and two offshore hubs.
  • Banking has a developer channel: Standard Bank operates a dedicated API Marketplace.
  • China trade has a banking partner: Standard Bank works with ICBC on Africa-China market connections.

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