Assistant Manager - Tax and Regulatory Affairs

roomDar es Salaam

business_centerFull Time

book Direct Reports

bookmark Manager

directions_carDriving License Not Required

flagOnly Open to Tanzanian Nationals

businessFinance Services, Banking



Responsible for all Tax related matters in the Bank.


  • Prepare income tax, VAT, Excise and any other tax returns for review and approval before filing.
  • Ensure accurate and timely payment of taxes.
  • Coordinate financial reporting, prepare monthly analysis and financial reports, assist in the preparation of monthly reporting requirements to Head Office, in Nairobi.
  • Support the Head of Finance and the Group Tax Team on tax-related research and analysis.
  • Review reconciliations of tax GLs, withholding income tax (Resident and Non-Resident) Withholding VAT (resident and Non-Resident) Deferred Tax, Prepaid Instalment Tax, Stamp Duty, Interest on Deposits, Withholding Dividends (Resident and non-Resident), Output VAT and Excise Duty.
  • Review journals to streamline the tax GLs.
  • Review and ensure correct and timely payment of the monthly taxes (Withholding tax, excise duty, VAT)
  • Identify tax planning opportunities and avenues for increased tax efficiency.
  • Confirm the expenses for allowable and non-allowable expenses
  • Accurate and timely preparation and review of the current and deferred taxes.
  • Compute the annual effective tax rate.
  • Review of contracts for financial and tax compliance considerations.
  • Maintaining a tax tracker on all tax issues arising and make follow-ups and ensure they are conclusively resolved.
  • Follow up with the respective departments to ensure closure of issues raised by the revenue authority.
  • Harmonisation of with strategies closing of issues raised by the revenue authority as presented by the consultants and the respective departments.
  • Identify tax risks and cost impacts.
  • Provide ad hoc tax data and reports as required by various internal departments.
  • Participate in a variety of teams to complete special projects that may have tax implications.
  • Interact and coordinate requirements and activities with government and external auditors on matters related to tax.
  • Prepare reconciliation of tax accounts and maintain supporting documentation.
  • Assist with research of issues and monitor changes in tax law.
  • Manage external Audits for both TRA and financial statements Audits
  • Ensure adherence to TRA Tax Regulations and requirements
  • Meet all other requirements as assigned


Education and Qualifications

  • Bachelor’s Degree or equivalent in Accounting, Finance, Economics or Law
  • CPA(T) or ACCA finalist 


  • Minimum 3 years of related experience or work with Audit/Tax Consultancy Firm


  • Proficient in MSWord, MS Excel, MS PowerPoint
  • Ability to work effectively in a collaborative work environment.
  • Demonstrates sound organizational and prioritization skills, high-performance levels under tight deadlines.
  • A high degree of initiative, personal responsibility, and integrity.
  • Conversant in dealing with all Taxes in Tanzania.
  • Thorough knowledge of Taxation Laws and of Tax processing systems.
  • Thorough knowledge of the TRA tax systems.

Reporting To

Manager - Tax and Regulatory Affair




Finance Services: 3 Years

Banking: 2 Years


Audit: 3 Years