Monday, April 19, 2010

ACCOUNTANT: INDIRECT TAXES (1 POST)

Reporting to: Senior Accountant· Africa Business Unit
Location: Shared Business Centre, Dar es Salaam
Employment Terms: Unspecified Period (Permanent)

POSITION OVERVIEW
The successful candidate will be responsible for the day to day accounting responsibilities associated with the indirect tax accounts, as well as the overview of the FFT Imprest accounts. The main areas for which the person will be responsible is as follow:
BALANCE SHEET:
- Value Added Tax
• Fuel levies and Road Tolls
• National Social Security Funds receivables
• FFT Imprest accounts
• Withholding Tax payable

INCOME STATEMENT:
• Foreign Exchange gains and losses on the revaluation of receivables denominated in foreign currencies
• Abnormal write downs and other charges
• FFT charges not recoverable Withholding tax expenditure
KEY FOCUS AREAS:
• Accounting function on mine site level
• Dedicated to a specific allocated mine site
- Coordination with site accountants .
- Monthly Corporate reporting
He/she will report into the Senior Accountant. The role will require communicating and liaising with a small team of site accountants.

KEY RESULT AREAS/ESSENTIAL FUNCTIONS
• Accept the responsibility of preparing the monthly reconciliation of the FFT Imprest accounts (float accounts paid to the Freight Forwarders on Barrick's behalf.
• Assume responsibility for daily follow up on outstanding documentation from FFT as part of the reconciliation process.
• Preparing the monthly reconciliation of the VAT account.
• Recording of adjustments to the Indirect tax accounts, including foreign exchange gains and losses, PwC adjustments from the audit process of the VAT claims and TRA adjustments to the VAT claims.
• Recording of the VAT control account journal on a monthly basis, ie transferring the VAT input and output effect from the monthly accounts into the control account, based on the VAT return completed.
• Pre ri the monthly reconciliation of the fuel levies receivable
• Recording of the fuel levies control account journal, in the same manner as the VAT control account journal.
• Preparation of the monthly VAT return.
• Preparation of the monthly VAT claim audit files for PWC certification purposes.
• Uaising with PWC on outstanding matters regarding the VAT claims.
• Reconciliation of the VAT claims to the VAT returns, and follow up with
• Performing regular visits and arranging regular meeting with the TRA : in regard to the follow up process on outstanding claims.
• Following up with TRA point of contact on process of claims and dealing ; with issues delaying payment of claims.
• Liaising with the tax department on certain outstanding VAT issues or : errors. :
• Planning monthly visits to sites regarding the accumulation of fuel : related documents to be used in completion of the fuel levies return : and claim. :
• Preparation of the fuel levy claim to the TRA. :
• Monthly reconciliation of the Withholding Tax control account. :
Calculation and preparation of the monthly Withholding Tax payment : and return. :
• Reconciliation of the National Social Security Fund receivable account. :
• Obtain information from site and payroll offices regarding NSSF levies that can be claimed back relating to expats that has left the I employment of the company.. :
• Weekly follow up on the NSSF receivables, and attending to issues : delaying payment. :
• Weekly reporting to senior accountant on progress made, issues identified and planned action to resolve.

ADDITIONAL DUTIES & RESPONSIBILITIES: I
• Establish an open line of communication with the site accounting team, , and facilitate effective issue resolution.
• Weekly consultation with the Senior Accountant regarding issues identified.
• Pro- active issue resolution and procedures.
• Identification of possible improvements that will assist in speeding up the indirect taxes claim procedures.
• Establishing a line of communication with the TRA regarding the claim process, and maintaining this relationship by means of regular communication and follow up.
PROFESSIONAL AND INTERPERSONAL DETAILS

EDUCATION & EXPERIENCE:
• Accounting qualification required
• Familiarity with US GAAP and IFRS and SOX
• At least 3 years experience in a similar role
• Knowledge of the Tanzanian Indirect Tax system will be advantageous
• Mining experience desirable, but not reqUired
• Must be organized and detail oriented, but also be able to step back and think strategically
• Must have excellent written and presentation skills.
• Exposure to global multi nation, preferably with a matrix structure
• Work requires willingness to work a flexible schedule
• Work requires willingness to travel

SPECIALIZED SKILLS OR CERTIFICATIONS:
Tanzanian Indirect Tax training or experience
Core competencies:
• Takes ownership
• Results driven
• Acts like an owner
• Builds and maintains relationships
• People management
• Problem solving
APPLICATION MODE:
The positions will attract competitive salary packages. Applicants are invited to submit their resume (indicating the position title in the subject h,eading) via e-mail to:applydar@barrick.com

Barrick Group has a strong commitment to environmental, health and safety management. If you are not contacted by Barrick within fourteen days (14) days after the closing date, you should consider your application as unsuccessful. Late applications will not be considered. Short-listed candidates may be subjected to any of the following: a security clearance; a competency assessment; physical capability assessment, reference checking.

Barrick Gold Tanzania is an Equal Opportunity Employer and is very committed to Environmental, Health and Safety Management
Deadline: 23rd April 2010

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