Tax and Compliance Manager

Company Description

Our Dream is to bring people together for a better world. Beer, the original social network, has been bringing people together for thousands of years. We are committed to building great brands that stand the test of time and to brewing the best beers using the finest natural ingredients. Our diverse portfolio of well over 400 beer brands includes global brands Budweiser, Corona and Stella Artois; multi-country brands Beck’s, Castle, Castle Lite, Hoegaarden, and Leffe; and local champions such as Aguila, Bud Light, Jupiler, Klinskoye, Modelo Especial, Quilmes, Skol, and Victoria. Our brewing heritage dates back more than 600 years, spanning continents and generations. From our European roots at the Den Hoorn brewery in Leuven, Belgium. To the pioneering spirit of the Anheuser & Co brewery in St. Louis, US. To the creation of the Castle Brewery in South Africa during the Johannesburg gold rush. To Bohemia, the first brewery in Brazil. Geographically diversified with a balanced exposure to developed and developing markets, we leverage the collective strengths of approximately 200,000 employees based in more than 50 countries worldwide.

Job Description

The purpose of the Tax and Compliance Manager is to ensure that the Company is tax compliant and aligns to its Financial Strategy.

Roles & Responsibilities:

• Review all the information relating to both output VAT and Input VAT for the previous month and submit to LRA
• Monitoring production volumes and submitting to LRA for final review and obtaining pay advice
• Review for submission the calculations of current tax and deferred tax for the year under review
• Monitor all benefits that attract FBT and calculate the fringe benefit tax
• Review of monthly PAYE return and review of WHT calculation for accurate filling with LRA
• Accounting for management fees, royalties and dividends and ensure alignment to relevant contracts
• Manage the decanting process and ensure obsolete inventory is accounted for appropriately
• Accounting for all taxes periodically
• Journal processing relating to tax
• Manage the Company relationship with the Lesotho Revenue Authority
• Assist with compliance to Companies act and governance
• Review and approve payments
• Coordinate annual financial audits and attend to audit queries
• Coordinating the tax annual budgetary process and ensuring alignment to overall financial strategy
• Manage Cash flow and cash tax forecasting
• Monitoring and evaluating company performance against budget and in line with the company zero based budgeting principles
• Be the ZBB Lead for Finance and the business as necessary
• Lead the Latest Estimate (LE) process and reporting for tax, management fees, royalties and dividends
• Report to Zone on YTD profitability and tax impact
• Report to zone on monthly and YTD EBITA performance and how tax will be affected
• Prepare Annual Financial Statements

Qualifications

• BCom Degree in Accounting OR General Accountant/ Registered Accountant Certificate with at least 5 years of work experience
• 3 years in senior or middle management
• 2-3 years of experience within FMCG environment is preferred
• Excellent interpersonal & communications skills
• High need for achievement
• Disciplined as well as assertive
• Strong leadership skills
• Attention to detail
• High energy levels
• Results focused
• Action oriented

Additional Information

AB InBev is an equal opportunity employer and all appointments will be made in-line with AB InBev employment equity plan and talent requirements. We are a company that promotes gender equality.

1. Internal applicants require Line manager approval
2. Kindly attach CV in PDF format
3. Please note that only short-listed applicants will be contacted

The advert has minimum requirements listed. Management reserves the right to use additional/ relevant information as criteria for short-listing. Interested candidates who meet the above specifications may apply no later than (31 December 2021). 

Internal: VIII-A