De Beers Group·Gauteng, south-africa·Full Time·Internship
ManufacturingFull TimeInternship
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The purpose of Group Tax is to preserve and grow De Beers shareholder value through the responsible, coordinated and professional management of the Group's tax affairs, always in compliance with the law. The group tax team strives to be a world class, dynamic, flexible, empowered global tax team contributing to the commercial success of the Group and delivering sustainable value.
The purpose of this role is to lead the Africa country tax teams accountable for the delivery of all tax advisory, compliance, business partnering and policy support to local businesses. They will hold, build and enhance relationships with senior internal and external stakeholders and be accountable for delivery against Group Tax KPIs in their countries of responsibility.
They will play a key role in setting and delivering the strategic objectives of the Group in relation to De Beers tax affairs, including achieving a tax profile that matches the global footprint and operations of the business. At the same time the Manager, Tax Upstream/Midstream will be accountable for closely managing De Beers' tax risk in accordance with the Tax Governance Framework and influencing toward an external tax environment that is conducive to the Group achieving its objectives through the delivery of our Tax Strategy.
Key Tasks:
Leadership
Supporting the Head of Tax, De Beers to create a working environment that fosters psychological safety and enables team members to thrive, individually and collectively, consistent with the Leadership Framework.
Effectively lead the Upstream/Midstream tax teams, with responsibility for the professional growth and progression of team members.
Support the design and effective implementation of appropriate frameworks required to ensure that Group Tax KPIs are understood and able to be delivered in their countries of accountability.
Support the effective implementation of the Tax Governance Framework, including Global Compliance, enabling the identification and management of tax risks and the development of solutions and actions as required to protect value for the Group
Empower their teams to identify, develop and deploy global and local tax projects and initiatives that responsibly add to or protect shareholder value.
Represent and promote their team and their team's agenda with key internal stakeholders including De Beers' CEO, CFO and Exco members.
Business Partnering
Champion ways of working which result in strong collaboration with other parts of Group Tax as well as the Upstream/Midstream and Element 6 businesses.
Lead the development and management of relationships with key personnel within the business and ensure they understand and support the tax strategy, tax governance framework and group tax priorities
Ensure that the value proposition, objectives, initiatives, delivery and resource requirements of Group Tax are well understood and accommodated by the local business.
Embed Group Tax as a valued partner in the local business and positioning Group Tax to have a forward looking posture through presence in relevant committees and other forums that it uses to influence and shape decision making in the local business, in a way that Group Tax is demonstrably contributing to the commercial success of the local business.
External engagement
Represent the interests of the Business in domestic/regional consultations with governments, key industry and civil society
Develop and enhance relationships with tax authorities, with a view to establishing ways of working that are consistent with the ethos of Co-operative Compliance
Lead and manage the provision of tax advice on business undertakings
Lead the response to external developments in areas of tax policy.
People & Teams
Implement the Group Tax people strategy
Demonstrate behaviour in line with the Group's values, standards and a professional workplace.
Provide leadership to, and develop the performance of, the team in line with the Group's people policies and systems (e.g. performance management, talent management) in order to achieve business goals. As part of this:
Develop a clear and aligned work plan for the team;
Foster a constructive , psychologically safe and productive working environment;
Monitor the work of direct reports and provide regular and useful feedback to them on how they are performing
Drive delivery of objectives/KPIs including holding team members to account for their work.
Monitor the activities of the team which involve other teams and appropriately intervene to address any cross-team issues
Contribute to the broader business by working with others in such a way that it optimises the overall business results
Compliance and tax controversy
Lead the strategy and response to significant tax audits, disputes and tax litigations within the region
Support the Head of Tax, De Beers, in designing and implementing robust and consistent compliance preparation and review processes across the De Beers business.
Be accountable to the Head of Tax, De Beers for local tax compliance and tax reporting
Safety, Health & Environment
Demonstrate behaviour in line with health, safety and environmental standards and values
Set the health, safety and environmental expectations for your team and monitor behaviour so that it meets the required standards
Participate in relevant safety audits, inspections and observations, and address issues as part of demonstrating safety leadership
Sustainability & Social
Ensure the Group´s continued licence to operate in the region through appropriate tax planning and risk mitigation, local engagement and promoting the transparency agenda
Implement the Group´s sustainability strategy from a tax perspective in the region
Financial
Management of Upstream/Midstream team budget
Management of consulting spend and delivering sustainable value by delivering efficiencies in terms of the value received in comparison to the amount of money spent.
Identify any opportunities for improved cost management and either address these, or raise them with the Head of Tax, De Beers and/or appropriate local or De Beers group CFO
Qualifications:
Professional accounting, tax or legal qualification
Maters in Taxation (Preferred)
Experience:
Minimum 10 years' experience in a similar role.
Prior experience in mining would be advantageous
Strong working experience of domestic and international tax principles, transfer pricing, tax residence etc
Experience interacting with senior stakeholders, both internal and external
Knowledge:
High degree of commercial acumen
Tax issues arising from financing and capital structures
Tax accounting
Influencing executives
How to manage multiple stakeholders and tasks concurrently and how to work to deadlines
A proven track record of having worked in a similar role in the tax field in Commerce, with a Big 4 Accounting firm or a Law firm