Payroll and Tax Accountant at The Old Mutual | Apply Now!

🧾 Job Details

🏢 Company: Old Mutual
📍 Location: Johannesburg, Gauteng, South Africa
💼 Job Type: Full Time
📅 Closing Date: 29 December 2025
🆔 Job Requisition ID: JR-74699

💼 Job Overview

Old Mutual South Africa is seeking an experienced Payroll and Tax Accountant to manage payroll operations and tax compliance for a large workforce of over 3,000 employees. This role ensures accurate payroll accounting, prepares statutory submissions to SARS, reconciles payroll accounts, and supports audits, maintaining financial integrity and compliance.

The role is ideal for a detail-oriented professional with strong accounting, payroll, and tax skills who thrives in a fast-paced finance environment.

🛠️ Key Responsibilities

Payroll & Tax Compliance

• Prepare and submit EMP201 and EMP501 returns across multiple payrolls accurately and on time

• Process PAYE, UIF, SDL, and SARS submissions timely

• Maintain accurate SARS codes for employees and brokers

• Manage IT88 administration and reconciliation

• Administer employee deductions (e.g., company cars) and reconcile annually

Accounting & Reconciliations

• Maintain general ledger accounts and process journals for accruals/variances

• Perform monthly bank reconciliations and clear outstanding items

• Reconcile payroll-related accounts, including share-based payment schemes (IFRS 2 compliance)

• Support month-end and year-end reporting requirements

Audit & Reporting

• Provide payroll tax reports for management and statutory purposes

• Support internal and external audits

• Investigate and resolve discrepancies in payroll accounts and reconciliations

Process & Governance

• Implement and maintain internal controls for payroll and tax processes

• Liaise with HR, Finance, and Tax teams to resolve payroll tax queries

• Ensure adherence to company policies, legislation, and payroll standards

🎓 Minimum Requirements

Education & Qualification

• BCom Accounting, Tax, or related field (NQF Level 7)

• National Diploma in Payroll/Accounting is advantageous

• Professional qualifications (SAPA, CPP, SAIPA, SAIT, or CIMA) are a plus

Experience

• Minimum 5 years in payroll accounting and payroll tax administration

• Experience managing large payrolls (3,000+ employees)

• Knowledge of EMP201/EMP501 submissions, SARS reporting, and share-based payments

Technical Skills

• Strong knowledge of payroll tax legislation and SARS compliance

• Proficiency in payroll systems (e.g., Oracle) and MS Excel

• Understanding of IFRS, tax accounting, and financial principles

Soft Skills

• Attention to detail and accuracy

• Analytical and problem-solving ability

• Ability to meet deadlines in a high-pressure environment

• Strong communication and interpersonal skills

• High ethical standards and confidentiality

📝 CV Tips

• Highlight experience with large-scale payroll operations and SARS compliance

• Emphasize experience with EMP201/EMP501 submissions

• Include knowledge of IFRS 2 and share-based payment accounting

• Showcase experience with account reconciliations, bank reconciliations, and audit support

• Demonstrate attention to detail, analytical thinking, and ability to meet deadlines

📜 Company Policy

Old Mutual South Africa is committed to Employment Equity and affirmative action. Appointments will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa. We actively promote a diverse workforce and welcome applications from candidates of all backgrounds, ensuring equal access to opportunity for all employees.