Transfer Agency Tax Specialist
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Locations: Cape Town, Apex House
Time Type: Full time
Posted on: Posted Yesterday
Job Requisition ID: JR-0007517
The Apex Group was established in Bermuda in 2003 and is now one of the world's largest fund administration and middle office solutions providers.
Our business is unique in its ability to reach globally, service locally and provide cross-jurisdictional services. With our clients at the heart of everything we do, our hard-working team has successfully delivered on an unprecedented growth and transformation journey, and we are now represented by over circa 13,000 employees across 112 offices worldwide. Your career with us should reflect your energy and passion.
That's why, at Apex Group, we will do more than simply 'empower' you. We will work to supercharge your unique skills and experience.
Take the lead and we'll give you the support you need to be at the top of your game. And we offer you the freedom to be a positive disrupter and turn big ideas into bold, industry-changing realities.
Description
This role is within the Client Solutions Team who are responsible for the financial processes of the Transfer Agency business. This role will manage the regulatory tax reporting requirements to SARS and various stakeholders within the Transfer Agency business.
Job Specification:
Identify, analyse and document changes required to existing legislative requirements across the various systems, system interfaces, SARS submission files, tax certificates and other regulatory reports based on changes in industry and legislative changes;
Test changes implemented across the various systems, system interfaces, SARS submission files and other regulatory report outputs to ensure that they conform to requirements and standards;
Compile, reconcile and submit DWT/IWT monthly, bi-annual and annual reconciliation, payment and submission to SARS;
Compile, reconcile and submit SARS submission files on a bi-annual and annual basis for IT3 related reporting;
Provide support to internal and external clients on tax related queries such as CGT, DWT, refunds and related calculations;
Review and provide guidance on the annual FATCA and CRS reporting requirements;
Liaise with SARS, clients and operations teams regarding reporting queries and issues;
Client corrections/queries performed on the Core Administration system (Flexcube and Silica);
Involvement in annual audits;
Skills Required:
5 years working experience within a transfer agency team within an analyst or operational team;
Strong analytical skills;
Knowledge of legislative requirements specific to Unit Trust administration;
Knowledge of tax laws in general for investment, in particular CGT, FFT, DWT and IWT;
Knowledge of the SARS reporting requirements for FATCA, DWT, IWT and IT3;
Preference will be given to candidates who have completed a relevant tertiary qualification;
Excellent communication skills;
Good knowledge of the Microsoft Office Suite of products;
Ability to work under pressure, meet deadlines and manage own deliveries;
Strong attention to detail;
Flexibility with regard to working hours;
Our Story
About Apex Group
We are dedicated to driving positive change in financial services while fuelling the growth and ambitions of asset managers, allocators, financial institutions, and family offices. Established in Bermuda in 2003, the Group has continually disrupted the asset servicing industry through our investment in innovation and talent. Today, we set the pace in asset servicing and stand out for our unique single-source solution and unified cross asset-class platform which supports the entire value chain, harnesses leading innovative technology, and benefits from cross-jurisdictional expertise delivered by a long-standing management team and over 13,000 highly integrated professionals.
We're a people-powered business, and our people are full of ambition. Together, we're inspired to lead the new era of data and tech enabled service. Bringing new products and services to market. Sharpening our client focus. Disrupting the market to exceed expectations. Innovating across a range of specialisms. With our focus on making a difference to our people, our planet and our society, you'll experience more here than you would at most other companies.
Working at Apex
Prepare to accelerate.
We're a people-powered business with a vision to inspire a new era of service-led FinTech. We're expanding globally and offering more to our clients. This means you get more opportunities to grow with us. So prepare to accelerate. We'll make sure the time and effort you put in takes you further, faster.
Positive change starts with you.
When you stretch yourself, you grow. We want you to explore ways of working that will see you thrive as part of something bigger. We'll help you with a solid structure, challenging projects, vibrant networks, supportive colleagues and approachable leaders. All the things you need to own your unique journey.
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