HFC Kenya

Senior Tax Manager

Posted: 1 days ago

Job Description

HFC Limited, the banking and property finance subsidiary of HF Group, has an exciting opportunity in our Finance Division. We are seeking a talented, dynamic, self-driven, and results-oriented individual who is committed to performance, excellence, and participating in our growth strategy.The role provides group-wide leadership in tax compliance, planning, and advisory. Ensure tax efficiency across the Group by identifying opportunities for optimization, guiding business units on tax-efficient structuring, and embedding tax considerations into strategic and balance sheet decisions.The role reports to Head, Finance Shared Services & Reporting and provides functional oversight of Tax Manager – Bank. The role is primarily responsible for tax matters for the property and bancassurance subsidiaries as well as joint ventures.Deadline: 2025-11-10Category: FinanceSubsidiary: HFCPrinciple Accountabilities Tax Strategy & PlanningDevelop and implement the Group Tax Strategy, aligning it with the overall business, finance policy and capital management strategies.Drive tax planning and optimization initiatives across the Group to enhance post-tax profitability.Advise the line manager, Group CFO and subsidiary finance leads on the tax implications of strategic decisions, M&A, capital raising, and restructures.Lead tax due diligence and structuring for new ventures, partnerships, and joint ventures (especially in property and bancassurance).Lead relationship management with external tax consultants Tax Compliance & Risk ManagementEnsure accurate and timely tax compliance (income tax, VAT, excise, withholding tax) for all group entities.Monthly review of PAYE filings & remittances against taxable benefits GLs in the TB across subsidiaries and JVsCoordinate tax health checksProvide guidance on tax entries during vendor paymentsOversee tax audits, correspondence, and negotiations with KRA and other authorities.Develop and maintain a Group Tax Risk Register, ensuring mitigation actions are implemented.Review subsidiary tax computations and returns for accuracy and alignment to tax laws and group policy.Proactively identify audit refund opportunities across entities and follow up with refunds Business Partnering & AdvisoryServe as the primary tax advisor to the Group and its subsidiaries’ ExCos and boards.Help in integrating tax function as a key player in balance sheet optimization for the banking subsidiary (HFC)Partner with subsidiaries and business units to provide proactive tax guidance on contracts, new products, and transactions.Provide tax advisory on cross-border transactions, transfer pricing, and intercompany arrangements.Build capacity across business units through training and awareness on tax-efficient practices. Governance, Policy & ReportingDevelop and maintain Group Tax Policies and Procedures, ensuring consistency across entities.Report group tax exposures, risks, and opportunities.Monitor legislative and regulatory changes and advise management on their impact. ReportingBe accountable for tax numbers reported on financial reports across GroupPrepare monthly and quarterly EXCO and Board papersAny other duty as assigned from time to time by the Finance and HF leadership.Key Competencies and SkillsTechnical CompetenciesProven track record in tax planning and structuring of financial instruments or property transactions.Experience in EXCO and Board-level reporting and direct presentations.Deep understanding of Kenyan tax laws and regulations.Excellent proficiency in Microsoft Excel and other analytical tools.Demonstrated people management and coaching skills.Strong business acumen and commercial orientation.General CompetenciesResults-oriented and proactive.Excellent interpersonal and stakeholder management skills.Ability to translate complex tax regulations into actionable business insights.Strong analytical and problem-solving abilities.Exceptional communication and presentation skills.Collaborative team player with influencing capability.High integrity and professional conduct.Minimum Qualifications, Knowledge And ExperienceAcademic & ProfessionalBachelor’s degree in Finance, Accounting, Banking, Law, or related field from a recognized institution. CPA (K) or ACCA qualification.A Tax certification or postgraduate qualification in Taxation will be an added advantage.ExperienceMinimum 10 years of progressive experience in taxation, including at least 3 years at a senior level within banking, insurance, property, or related sectors (or consulting for these sectors).Strong hands-on experience in KRA audit management, tax refunds, arbitration, and litigation.Proficiency in IAS 12 (Income Taxes) and financial reporting principles.

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