PURPOSE:
Reporting to the Group Head of Financial Controls and Governance, the Senior Tax Accountant will ensure the Group’s full compliance with tax laws and regulations across all jurisdictions, while proactively managing tax risks, advising on tax-efficient structures, and supporting strategic planning. The role will oversee tax reporting, filing, audits, reconciliations, and advisory to enhance compliance and governance within the Group.
PRIMARY RESPONSIBILITIES:
- Tax Compliance and Reporting
- Ensure timely and accurate preparation and submission of all tax returns (VAT, PAYE, Withholding Tax, Corporate Income Tax, Excise, etc.) for the Group and its subsidiaries.
- Maintain an updated calendar of all tax obligations and ensure timely action.
- Review tax schedules and computations for accuracy, completeness, and compliance.
- Tax Planning and Advisory
- Provide strategic tax planning advice to optimize the Group’s tax position.
- Advise on tax implications of new products, corporate transactions, or changes in tax law.
- Liaise with subsidiaries and finance teams to support decision-making with tax impact analysis.
- Tax Risk Management & Audit Support
- Prepare for and manage tax audits, investigations, and queries from tax authorities.
- Ensure robust internal controls are in place for all tax-related processes.
- Track, assess, and mitigate tax risks and exposures across the Group.
- Transfer Pricing and Intercompany Transactions
- Ensure compliance with local and international transfer pricing regulations.
- Prepare and maintain documentation in line with OECD guidelines and local laws.
- Monitor intercompany transactions and ensure arm’s-length pricing.
- Tax Reconciliations and Analysis
- Reconcile all tax accounts (ledgers vs. tax returns) monthly and investigate variances.
- Coordinate with finance teams to resolve discrepancies in a timely manner.
- Monitor deferred tax positions and ensure accurate accounting treatment.
- Stakeholder Engagement and Regulatory Updates
- Serve as the primary contact with tax consultants, auditors, and tax authorities.
- Stay updated with changes in tax laws and communicate implications to internal stakeholders.
- Represent the Group in tax forums and advocate for favorable policy interpretations where necessary.
| Key Skills, Knowledge, Experience and Behavioural Competencies | |||||||||||||||||||
Academic and Professional Requirements
Experience Required:
Skills and Competencies · Solid knowledge of Kenyan tax laws and IFRS, including IAS 12 (Income Taxes). · Experience with group tax consolidation, multinational tax issues, and digital tax administration platforms (e.g., iTax). · Strong analytical and technical tax knowledge. · High attention to detail and accuracy. · Excellent communication and interpersonal skills. · Proactive, with strong problem-solving and advisory capability. · Integrity, confidentiality, and strong ethical judgment. · Proficiency in ERP systems (e.g., Microsoft Dynamics AX) and Microsoft Excel. |
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| CIC Insurance Values | |||||||||||||||||||
| CIC insurance Group is committed to providing excellent service, spur further growth and employees are required to align their behaviour to the following core values as critical to driving their performance;
· Integrity- Be fair and transparent · Dynamism- Be passionate and innovative · Performance- Be efficient and results driven · Co-operation- Live the Co-operative spirit |
If you have the aforementioned professional and academic qualifications and you are ready to execute the above mandate, strictly apply through: https://careers.cicinsurancegroup.com/ clearly indicating the position being applied for.
The application should reach us by close of business on 9th May, 2025. Please note only short-listed candidates will be contacted. If you do not hear from us by 30th June, 2025 consider your application unsuccessful.
N/B: This job advert is open to both internal and external candidates.