JOB DESCRIPTION

Position Title: Tax Associate

Reports To: Financial Reporting & Tax Manager
Dated: October 2016
Direct Reports: Nil

Purpose of the Position

To ensure that the Company’s tax compliance and reporting obligations are met in an accurate,
timely and complete manner.

Interfaces
Internal External
CFO, FC, Appointed Actuary Tax Advisers
Finance Team Inland Revenue Department
Actuarial Team External Auditor
Investments Team Tax Management NZ
Legal, Risk and Compliance Team

Key Result Area: Accounting and Compliance

Ensure full and prudent compliance on required tax compliance and reporting, as well as fulfilling
accounting responsibilities as required
Tasks: Measurement of effectiveness:

 IRD Compliance (primary)  Timely, accurate, complete and prudent

 Income Tax fulfillment of tax obligations
 GST
 FBT  Timeliness, accuracy and completeness of
 WHT all work done

 IRD Compliance (backup)  Balanced and explained reconciliations

 PAYE completed within set timeframes

 Management and reconciliation of tax

accounts on monthly basis (backup to
PAYE accounts)

 Quarterly or monthly income tax

calculations for management accounts

 Other as arising
Key Result Area: Reporting
Provide accurate, timely, complete and valued internal and external reporting as required on the
tax position of the Company, thereby assisting management to make fully informed decisions and
complete their fiduciary obligations.
Tasks: Measurement of effectiveness:

 Assist in preparing interim and Annual  Timely, accurate submission as per set
reports including preparing all tax timeframes
calculations and notes to the financial
statements

Key Result Area: Tax strategy, planning and forecasting

Provide accurate, timely, complete and valued information on tax strategy and tax implications of
the activities of the Company, thereby assisting management to make fully informed decisions
and complete their fiduciary obligations.
Tasks: Measurement of effectiveness:

 Modelling future tax positions, and  Provides timely, accurate and proactive
sensitivity analysis around this reporting on all relevant matters

 Planning provisional tax payments

 Imputation credit planning

 Keeping current on legislation, research

and discussion papers including
dissemination of information to
appropriate stakeholders

Key Result Area: Team work

Assist and support other team members and other cross functional teams with the view to sharing
expertise, growing the business, enhancing the Organisation’s profile and building a friendly
environment.
Tasks: Measurement of effectiveness:

 Proactive assistance  Consistently meets team commitments

 Provides reliable advice and support to team

 Works to include and value contributions

from all team members

 Accuracy, timeliness and completeness of

tasks undertaken
Key Result Area: Health & Safety
Adhere to Fidelity Life’s policies and procedures at all times.

Tasks: Measurement of effectiveness:

 Comply with all organisational policy  Health and Safety procedures are adhered
surrounding Health and Safety in to with no breach of OSH requirements
Employment Act 1992 and its
amendments
 Hazards or incidents are reported using the
correct procedure as soon as practicable
 Take all practicable steps to ensure their
own safety at work and to ensure that
their action or inaction does not cause
harm to any other person

Key Result Area: Risk & Compliance

Tasks: Measurement of effectiveness:

 Supports and promotes an environment  Exhibits behaviour that does not
that fosters pro-active risk management compromise prudent risk management
and a commitment to compliance practices

 Conduct is conducive to a positive risk and

compliance culture

 Adheres to risk management systems and

controls

Competencies
Effective Use of Uses pertinent technical skills & knowledge
Knowledge and Analyses problems & interprets information
Information Concerned for accuracy, timeliness, completeness with attention to detail
Customer Focused Understands and respects the customer
Meets & exceeds expectations
Is Responsive
Communicates Listens and responds
Effectively Speaks/Presents
Writes
Negotiates
Networks
Self Manages Has high standards
Demonstrates planning, prioritising, and organising skills
Personal Attributes Is part of the work family
Is a team player
Energy
Flexible & adaptable
Tolerant to stress
Courteous & pleasant
Requirements for Job
Essential Desirable
Qualifications ACA or CA qualified

Experience 3+ years working experience in a Tax experience within a CA firm

relevant, accounting-based role Life insurance exposure
Direct and indirect tax experience
Skills  Initiative, positive and pro-
active ‘can-do’ attitude
 Working knowledge of NZ
IFRS
 Sound knowledge of NZ tax
legislation
 Sound organisational skills
and an ability to prioritise and
meet deadlines.

The job description outlined above while specific is not exhaustive.

In the course of the employee’s employment with Fidelity Life the employee shall carry out all
tasks, including those other reasonable duties as and when required by the employer, diligently,
responsibly and with regard to the best interests of the employer.

The employee shall become properly familiar with and follow all procedures, including all Health
and Safety procedures and all the Organisations policies and procedures, of the employer
established from time to time. The employee shall observe in all respects the directions and
instructions given by the Director or which may be properly given by an officer or employee of the
employer having authority to give such directions or instructions to the employee.