Graduate Management Trainee – Tax
Full time @Old Mutual posted 44 minutes ago in Finance Shortlist Email JobJob Detail
-
Job ID 22664
-
Career Level Officer
-
Experience 3 Years
-
Gender Both
-
Industry Finance
-
Qualifications Degree Bachelor
-
Job Type Full time
Job Description
The Graduate Management Trainee will support the Head of Tax in ensuring organization’s tax compliance and reporting obligations by preparing tax computations and returns, analyzing tax data, and assisting in audits and assessments. This role ensures compliance with applicable tax laws while supporting effective tax risk management.
Key Responsibilities
TAX COMPLIANCE
- Preparation of tax paid schedules to be used to settle the taxes payable for the period
- Ensuring compliance to tax regulations and law of filling the returns by due dates to avoid the penalties and interests charged for non-compliance.
TAX RECONCILIATIONS
- Preparing reconciliation of tax ledger control accounts, balance sheet substantiation of tax related accounts and tax journals.
- Reconciliation of all payments booked i.e reinsurance, commission, supplier payments and claims vs the WHT deductions
- Reconciliation of EFRIS sales vs the sales that have been booked in the accounting system, identification of any variances that have to be resolved with the IT Team.
- Work with the Financial reporting team to ensure timely reconciliation of reinsurance receivables vs WHT that has to be remitted.
- Follow up all the outstanding credit notes to ensure that these are approved by the clients.
- Reconciliation of premium registers vs Stamp duty that has to be remitted, identification of any variances for resolution by the underwriting team.
TAX REPORTING
- Half year & Full year reporting: Review of year and full year tax packs that are prepared by Reporting accountants before submission to Head of Tax.
- Update of the tax payments in the reporting payments system.
- Ensure that the Tax Risk Management Schedules are timely updated and all tax attestations are rightly populated.
- Drafting quarterly income tax and deferred tax computations for review by the Head of Tax.
TAX RISK AND ISSUES MANAGEMENT
- Maintaining tax risk and issues tracker for all the issues identified.
- Identification of Root causes of tax issues and implementation of mitigation measures.
- Timely escalation of key tax risks and issue identified to the Head of Tax
Tax Planning and Process improvement
- Developing strategies to minimize tax liabilities while adhering to legal requirements. This may involve analyzing financial data to identify tax-saving opportunities
ANTI-MONEY LAUNDERING (AML) EXPECTATION
The incumbent will be responsible for ensuring adherence to, implementation of, and adoption of Compliance, Anti-Money Laundering (AML), and Sanctions-related policies, procedures, and process requirements within Old Mutual and its subsidiaries. This includes execution of customer due diligence processes, ensuring compliance with Know-Your-Customer (KYC) standards, conducting ongoing and enhanced due diligence, and maintaining data quality. Additionally, the role involves identifying and monitoring potential AML, Sanctions, or Compliance breaches and unusual activities, and escalating these concerns to the Risk and Compliance Office for further action.
Skills And Competencies
- Advanced Tax Knowledge and Regulation Compliance
- Strategic Tax Planning and Risk Management
- Financial Analysis and Business Acumen
- Technology Proficiency and Data Analytics
- Leadership and Team Development
- Effective Communication and Stakeholder Engagement
- Adaptability to Regulatory and Global Changes
EDUCATION
- University degree in a business-related field from a recognized university
- Currently pursuing ACCA or CPA qualification, having attained at least Level II
Experience
- 1 year of relevant experience.
- Recent graduates are encouraged to apply.
Skills
Tax Compliance, Tax Computations, Taxes, Tax Law, Tax Planning, Tax Regulations, Tax Reporting, Tax Risk Management
Competencies
Collaborates
Communicates Effectively
Demonstrates Self-Awareness
Drives Results
Ensures Accountability
Manages Complexity
Optimizes Work Processes
Organizational Savvy
Education
Bachelors Degree (B): Finance
Closing Date
01 July 2026 , 23:59
- Click the GREEN BUTTONÂ “APPLY FOR THE JOB“
- You will be re-directed to the Source/Application Procedure.
- Read the Job description attached.
- Apply using the Instructions Provided.
Disclaimer Notice:
- No payments should be made during the application process.
- The Scholar Jobline Doesn’t recruit on behalf of the Employer
- If you need assistance, ask for help in the whatsApp group.
- If you do not have a whatsApp group for the latest job updates, CLICK HERE TO JOIN
- The Scholar Jobline Whatsapp Community has jobs, internships, freelancing gigs and volunteering Opportunities.
- CLICK HERE TO JOIN
Other jobs you may like
-
Unit Manager
- @ NIC Holdings Limited
- Kampala District
