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The copyright act of 1978 (as amended) prohibits the reproduction of this copy IN ANY FORMAT, (See Clause 4 Terms and Conditions) without prior permission of the original publisher. Publication TAX TALK Page 24-36 Date Thurs 01 Mar 2018 AVE (ZAR) 141074.28

Publication TAX TALK Date AVE (Z AR) Thurs 01 Mar 2018 141074€¦ · [email protected] CROWE HORWATH SamanthaCaplan 0214817000 [email protected] GRANT THORNTON MelissaGounden

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The copyright act of 1978 (as amended) prohibits the reproduction of this copy IN ANY FORMAT, (See Clause 4 Terms and Conditions) without prior permissionof the original publisher.

Publication

TAX TALK

Page

24-36

Date

Thurs 01 Mar 2018

AVE (ZAR)

141074.28

GUIDE TOGETTING HIRED

A compilation of hiring processinformation from localaccountingand lawfirmsto assistyou onyour journey to becoming a taxprofessional.

Deloitte.

EBVE WBuildingabetterworkingworld

kpmes

pwe[BDOAUDIT »ADVISORY «TAX

Crowe Horwath.

o GrantThorntonAn instinct forgrowth

Wee v a z * < s

MOORE STEPHENS

NolandsNOTYOURORDINARYAUDITORS

PKFchartered accountants& business advisers

Sizwe AsNtsaluba(§Gobodo 4)

AUbIT-ApVisoRy»roRENsiCs

thetaxHousE-

the.

Y SARS

DELOITTEIlana Sachs011 209 [email protected]

EYMeagan Damons011 772 [email protected]

KPMG NOTE:Intake for2018Nelene Sokay will only be confirmed

in Julyand graduate082 716 2925 recruitment will [email protected] commencethereafter.

PWCZanele Ntombela011 797 [email protected]

BDOLindySteyn010 060 [email protected]

CROWE HORWATHSamantha Caplan021 481 [email protected]

GRANT THORNTONMelissaGounden010 590 [email protected]

MAZARSFrancois Smuts021 818 [email protected]

MOORE STEPHENSJodi Milosevich021 525 [email protected]

NOLANDSJan Henning021 658 [email protected]

PKFMichelle Cronje031 573 [email protected]

SNGTshegofatsoSebopela011 231 [email protected]

THE TAX HOUSENicole Whitehead046 622 [email protected]

TAX SHOPMadelein Viljoen012035 [email protected]

SARSZanie Marais012 647 [email protected] v.za

BakerMcKenzie.

®BOWMANSmtvalut or knowing

ans4ENowB-eaanreoakar wormava

EVERSH ED $SUTHERL AND

NORTONROSEFULBRIGHT

WEBBER WENTZELinaltiancewith> Linklaters

WWERKSMANSATTORNEYS

BAKER MCKENZIEAhlisha Yesmariam011 911 [email protected]

BOWMANSKasheerSingh011 669 [email protected]

CLIFFE DEKKER HOFMEYRShane Johnson011 562 [email protected]

ENSAFRICAThabang Ratau011 269 [email protected]

EVERSHEDS SUTHERLANDClaire de Beer087 358 [email protected]

HOGAN LOVELLSZaheerah Bhana011 775 [email protected]

NORTON ROSE FULBRIGHTGontseMadumo011 685 [email protected]

WEBBER WENTZELPhindile Hlabangane011 503 [email protected]

WERKSMANSShesnee Naidoo011 535 [email protected]

V==OCleke

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J".

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Deloitte

EY

KPMG

PwC

BDO

CroweHorwath

Grant Thornton

Mazars

Moore Stephens

Nolands

PKF

SNG

Tax House

Tax Shop

SARS

2 6 TAXTALK

HR INFO FROM FIRMS

Top 10% ofgraduating JclassTop 25% ofgraduating J J J J J JclassTop 50% ofgraduating JclassNo minimumgrade J J J J J J Jrequirement

TAXTALK 27

NWW RMS

PERSONAL QUALITIES PREFERRED IN AN APPLICANT(assuming the minimum grade requirements are met)

PREFERREDQUALITY #1

PREFERREDQUALITY #2

a

PREFERREDQUALITY #3

PREFERREDQUALITY #4

PREFERREDQUALITY #5

Excellent verbal and Strong planningand Self-star terwith high enerDeloitte written communication g P . 9 . Attention to detail 9 dy Team player

ano . organisational skills levelsskills(in English)

We aren't only lookin We look for people who. y 10 9 We want you to have a recognise the value of different We look for evidence that .

for high academic . - - . Wewant you to be passionate. clear senseof personal and backgrounds and points of view.| you are good at listening, .achievers.Wewant you to . h / . . h . and excited about the

. professionalaccountability By respecting these differences learning, sharing, developing asEY demonstr ate leadership . . . . oppor tunities at EY,your. and to show you are we enrich our perspectiv es. and working with others, Wan

through extracurricular . . . - . . future and achieving yourMint . committed to doing the This helps usbuild strong including those who are Ractivities and community . . . . . potential

. right thing relationships and enhance the different from youinvolvement . . .serviceswe provide to our clients

7 . hun . as . Great interpersonal skillsandKPMG Attention to detail Priority to deadlines Resilient Hard-working connectivity

Crltlc-al,ana-Iytlcaland Ability to communicate and| Strong linguistic skills, loves Ability to unify theory, and Enjoys nuImberssolution-orientated . . . - practice and demonstr ate and iscurious aboutPwC . . work together with awide reading and curious about new -mindset and at all times rande of people waysof doing things businessacumen tax, company law andacting with integrity 9 peop Y 9 9 contract law

Drive, ambition and hard . . is soos Aspirationsfor a long-term Strong interpersonalBDO work Passionfor tax High cognitive functioning careerat BDOTax relationships

Szormeath Interpersonal skills Sociable Target driven Leadership abilities Time management skills

“??:?:?r tmton Self-star ter Thinker Eager to learn = =

Culture and valwes Analytical and solution Displaystechnical knowl- Writing skillsandMazars aligned with Mazars orientated Planning and organisational skills edge and understanding communication

culture and values

gltch’vaeen s Interpersonal skills Passionfor learning Self-driv en Commitment Hard-working

Nol d Good communication Positiveattitude towards life Being a team plaver Proactiveand solution Having an asser tivelands skills and work 9 play focused personality

Ability to apply PPKF knowledgeto work Communicationskills Well-mannered Per5°’_‘a"t_yfit for the Overall appearance- organisation (professionaldressing, etc.)

scenarios

Must be passpnate . Must love and be passionateabout something; this Maat

Someone who has nigh - about contributing to theSNG indicatescommitment and_| Must be respectful . -embraced diversity bus development of South Africadedication to accepted -

and Africacauses

Great interpersonal and High attention to detail while Ability to-work und-er . Well organised, systematicT. H High levels of integrit communication skills and having the ability to work with pressure in a deadline driven with good problem-solvinax House 9 grity 0 Y environment and manage tn 9 P 9

team player speed . skillsstresseffectively

Ability to masteral! C-omputer literacy with a Ability to apply theory to real Self-star terwith ability toTax Sho p aspectsof accounting, high level of knowledge world challenges and solve work independently and Integrity

book-kee-plngand of re-Ieva-ntsoftware problems with due diligencetaxation in SMEmarket applications

Integrity: high values / Self-directed / self- Open-minded / innovativeSARS Elgnhergzïralcompass/ disciplined thinking/Agile to change Adaptability/assertiveness Humility

MOST COMMON MISTAKES LEADING TO A FAILED HIRE

MISTAKE #1 MISTAKE #2

virmirorron rirns WENN

MISTAKE #3

Deloitte We have experienced a high successrate with our recruits for TrAX, most of whom have been permanently employed at the completion of the programme

EY Inability to accept feedback Inability to manage emotions on the job -

KPMG Assuming that now that they are That doing the minimum amount of work will result in| Not addressing issuesasthey happen and allowingemployed, they can sit back and relax maximum benefits it to snowball

PwC Poorattitude Lack of enthusiasm Sense of entitlement

Believing that your career issomeone else's . . usa pa Not taking ownership and therefore not going aboveBDO responsibility Treatingthe opportunity asa "job"and not asacareer and beyond

Crowe Relocationswho struggle to adapt Inability to handle high stresslevels Lackof time management skillsHorwath

Grant Unwillingness to put in the effort required . m .Thornton| to learn and develop Lackof technical ability / not progressing -

Mazars Candlt-j-at-eoversells knowledge / Does not take ownership of assignments Emotional immaturitycapabilities

Moore Poor academic results (when narrowingSt h down the applications, academic results Poorinterview skillsand presentation of candidate Lackof good interpersonal skills

ephens| ;,, mostly the deciding factor)

Nolands Notfitting in with the culture of the firm Lack of vision Being dishonest in the interview

Inability to answer practical work scenario . . . .PKF . Poorinterpersonal skills Lackof professionalism

questions

SNG It isvery impor tant that during the interview we get to know a bit about the candidate, sowhere one is not providing enough details about themselv esduring the interview it isdifficult to try gauge whether the person will fit in with our small team

T H Negative feedback from applicant' s Gap between skillsand experience listed on CV and Discrepancy between remuneration offered andax HOUSE| roferences actual skillsand experience of applicant unrealistic remuneration expectations of applicant

Insufficient planning and organisational . .Tax Sho P skillsresulting in not meeting deadlines Lackof attention to detail

. . . Not completing the Learner Activity Manual - aER Issues- inappropriate behaviour learneris required to complete all formativ e and Low performance- scoring lessthan 60% on theirSARS asarticulated in the SARSpoliciesand d P P 9 °

proceduressummative outcomes and assessments in theirentirety

quarterly performance reviews

""le

NNW

GRADUATE/LEARNERSHIP PROGRAMMES AVAILABLE TO UNIVERSITYSTUDENTS INTERESTED IN TAX

SAIT TAX SAICA CA SAIPA INDEPENDEN TPROFESSION AL PROGRAMME PROGRAMME PROGRAMMEPROGRAMME f

TrAX two-year tax graduateprogramme

Deloitte

EY

KPMG

PwC

40| &| &J&

<_

BDO

CroweHorwath

GrantThornton

Mazars - /

MooreStephens I

Nolands J

PKF - / v

SNG J JTax House N

To be announced once itTax Shop hasbeenformalised

SARS - J

RECRUITMENT PERIOD FOR ENTRY-LEVEL TAX-RELATED HIRES

tu whe u oz:: ë oc liö N 0 T

oa[m mo u[a) = = |-wi

Annually V| v v V V V V| v v v vb vbo v

When needed J J

3 O TAXTALK

Jan-May Jul-Oct

Deloitte

EY

KPMG

PwC

BDO

CroweHorwath

GrantThornton

Mazars

MooreStephens

Nolands

PKF

SNG

Tax House

Tax Shop

SARS

BasedJan-Oct| Feb-Aug| Aug-Dec Feb-Jan When onour

required| businessneeds

Hons Tax, Hons CA

Hons CA or Hons Tax with anacademic average of 60%

Hons Tax

HonsTax - if you want to do the SAITlearnership

Hons CA or Hons Tax

Hons CA

Hons in Tax is preferred

Undergraduate

HonsTax

HonsTax

Hons Tax

weBComTax degree with an intention to

study further; HonsTax; HonsCA

Honours in Tax, PostgraduateDiploma in Tax

None

It varies for the different programmes

HR INFO FROM FIRMS

Generallyhire on a

permanentbasiswhenrequired

Feb-Mar Feb-Nov| Jul-Nov| Jan-Dec Mar-AprMar-Sep

N

HR INFO FROM FIRMS

HOW CAN UNIVERSITY STUDENTS FORMALLY APPLY?

HR DEPARTMENT WEBSITE POSTINGS OUTSIDE WEBSITE

Deloitte www.deloitte.com/za/en/careers/students

Facebook: www.facebook.com/DeloitteGrad-sAfrica/| www.facebook.com/LifeAtDeloit-teAfricaTwitter: @DeloitteLifeSAInstragram:@LifeAtDeloitteAfricaLinkedIn: Deloitte South Africa

www.ey.com/za/en/careers/students University portals and job boards like CareerJunction

www,joinkpmg.co.za

www.pwe.co.za/en/car eers/students.html

[email protected] [email protected] www.bdo.co.za/en-za/careers

CroweHorwath www.crowehorwath.co.za

GrantThornton

[email protected] 590 7487

www.grantthornt on.co.za Recruitment agencies

Mazars www.mazars.er ecruit.co/candidateapp/Jobs/Browse.aspx

We do make use of other career websites aswell asour Linkedin page

MooreStephens

[email protected] www.southafrica.moor estephens.com/car eers

NolandsJan Henning021 658 [email protected]

At career daysand SAITStudent Conference

PKFMichelle Cronje031 573 5000michelle.cr [email protected]/[email protected]

www.pkfexperience.co.za

SNG [email protected] 231 0600

Tax House [email protected] www.thetaxhouse.co.za/careers-with-us/ Linkedin and Facebook

Tax Shop www.taxshop.co.za/index.php?na v=careersApplicants may apply to any of the franchiseesnationwide by finding the contact details onwww.taxshop.co.za/index.php?na v=find-fr anchise

SARSStudents interested in participating in the SARSTraineeship can only apply electronically to the ad-vert on the SARSwebsite.The link isonly availablewhen the advertis live.

We often put out a teaser on Career Junction andSARSFacebookand Twitter accounts to route appli-cants to the link on the SARSwebsite.

DO YOU EVER HIRE AFTER THE FORMAL HIRING PERIOD HAS CLOSED?

HR INFO FROM FIRMS

Deloitte When there isa business need for additional resources

EY If we have not met our target numbers for the intake period

KPMG If we find an exceptional candidate

PwC

BDO Thiswould apply ifwe have not recruited all the candidates we require, ifsomeone haswithdrawn or we discover someone with strong potential

CroweHorwath If candidates do not make it beyond probation, we have to fill spots/quotas

GrantThornton No formal hiring period

Mazars

MooreStephens

Sometimes candidates who have signed contractspursue other oppor tunities,which necessitatesopening the applications up again

Nolands

PKF No formal hiring period

sNG

Tax House When we are approached by or receive the credentials of a great candidate

Tax Shop As and when the need arises

SARS Depending on businessneeds

HR INFO FROM FIRMS

FIRMS THAT SEND RECRUITERS TO UNIVERSITIES

Deloitte Deloitte sends recruiters to university career fairsand we participate in other particular projects we are invited to

EYAll the relevant career fairs on campus, i.e. Accounting, General, etc., career fairs at UP, UJ,Wits, NWU, UCT, Stellenbosch, UWC, NMMU among manyother universities

KPMG Student fairs

PwC15March- WITS8 March- UPUsually the careerfair days at the various universities

BDO We attend various university career fairs throughout the year

Mazars We attend career fairsat most universities which happen throughout the year

MooreStephens We go to all the major universities on the careerfair days

Nolands We have recruiters present at university career days and at the SAITStudent Conference

PKF Throughout the year and on special career days held by the universities

SNG We send them during the recruitment weeks published by universities

Tax House Staffmembers fromThe TaxHouse go to speak to TaxHonours and DipTaxstudents

SARS SARSparticipates in university career fairs to attract students to our programme and only recruits from formally receivedonline applications

FIRMS THAT OFFER INTERNSHIP PROGRAMMESFOR STUDENTS INTERESTED IN TAX BEFORE THEY GRADUATE

KPMG 2-year graduate learnership with SAITexams; no rotation of businessunits

CroweHorwath We provide work shadowing and vacwork programmes in which students can apply to us for vacation work during the Jun/Julholiday period

MooreStephens We have a vac work programme for a weekin the Jun/Julyvacation

SARS SARShasan internship for matriculants with a Higher Diploma in Financial Management

HRINFOFROMPRMSL -

NUMBER OF PROFESSIONALS IN THE FIRM'S SOUTH AFRICAN TAX DEPARTMENT

Deloitte Deloitte has 650 tax professionals across Africa of which close to 50% are based in SA

EY 500+

KPMG 300

PwC +330

BDO 68Crowe Horwath 10Grant Thornton +40

Mazars 90Moore Stephens 7 in the Tax Depar tment at Moore Stephens CapeTown (the only Moore Stephensoffice to offer aTax Learnership)

Nolands 5

PKF 50

SNG 18Tax House 2Tax Practitioners (and other CAs)

Tax Shop 4SARS SARShasapproximately14000employeesthat areskilledin variousdisciplinesof taxand customs

TAXTALK 3 5

NNW

WHY SHOULD A GRADUATE CHOOSE YOUR FIRMAS OPPOSED TO A COMPETITOR'S?

Our programme is unique aswe "hand pick" a selectfew tax graduates each year, whom we believe will excel and thereby grow our talent pipelineDeloitte through our focused career pathway for junior tax practitioners.We are solely focused on tax graduates who have a passionfor tax and would like to

embark on a career in the tax profession.

In the words of our Global Chairman and CEO,MarkWeinberger "Every day, every EYperson is part of building a better working world - for ourclients,EY our communities and our families.We believe that everything we do - every audit, every tax return, every advisor y oppor tunity, every interaction with a

client or colleague - contributes to building a better working world."

KPMG Qualityofthetrainingandexposuretoqualityclientwork.

Asa leading firm which provides professionalservicesacrossthe world, we offeryou endless professionaloppor tunities. Careersare built in a team-ori-entated, open, trusting and inclusiveenvironment. Team leadersand coachesact asmentors, helping you makethe mostof your experiences so that

PwC you can grow, explore new oppor tunities and achieve your potential. You will work acrossmany areasof tax to help you develop a broad base of com-pliance and consulting skills.If you remain with PwConce you qualify, you can deepen your specialisedskills in one of our highly-specialised practiceareas.

BDO BDOTax is not too big and not too small - BDO Tax isjust right. We value people and strivefor excellence in tax.

Crowe c . .raduates choose our programme due to the nature of ourclient relationships and our small company size.Horwath

Grant Experience acrossthe board, not confined to one area of tax.Thornton

You will neverfeel that you are just a number; you are truly an individual and your input will be valued. You will be able to expressyourself and yourM goals.There are somany oppor tunities for growth and with Mazarsyou can travel the world. We have various internal programmes where you can

azars be seconded or transferred to otheroffices throughout the world, aswe have officesin 86 countries. You will be exposed to a broad range of clients,

ranging from JSElisted to smallOMBs.No day in your lifewill ever be the same; interesting challenges await.

Our firm hasa unique culture that promotes collaboration, teamwork and fun. We do, however, expect a lot from our staffand in return we train them tobe highly competent and relevant professionalswho are confident in their abilities once they have completed their training with us.

MooreStephen 5 We have a strong tax focusand an ever-growing tax client base,which isa testamentto the level of servicewe provide our clients. Our broad range of

clients and level of exper tise of our partners and managers ensuresour trainees have a depth and breadth of exposurethatis hard to match anywher eelse.

Nol d The exposureto tax issuesrelating to differentindustries and gaining a vast amount of experience. The tax offering at Nolandsis structured to instill aolands senseof confidence in trainees.

We have awide range of clients from sole proprietors to large corporatesover various industries which provide exposure to various tax issues,and allowa person to develop their tax skillsfrom completing a tax computation for a high net worth individual, to that of a large corporate. It also allowsfor the

PKF development of tax knowledge in variousareas, ranging from the taxation of lump sumsto the applications of differenttypes of capital allowances.Wealso have extensiv e knowledge and deal with a lot of dispute resolution matterswith SARSwhich is quite a valuable experience that one could useanddevelop for future use.

We are a small team and everyone gets given special attention; we are truly like a smallfamily. By the end of 2 years/3years, the graduates would haveSNG acquired extensiv e knowledge in direct tax, indirect taxesand in all industries SNGoperates in.The graduates will not be able to get this exposureas

young graduates in larger firms.

Although our firm hasgrown substantially over the past few years, we are still relatively small in sizecompared to the bigger firms.Graduates thereforeTax House| get exposed to all areasof tax and the businessasa whole, which they may not get at the bigger firms. In addition, our firm isgrowing into other centres

around the around the countr y, which in the short to medium term, will create career oppor tunities for graduates.

Tax Shop We provide personal and practical (on the job) training on all aspectsof accounting, payroll and tax.

SARS'value proposition is highly competitiv e, for example, trainees will receivean above- market related stipend, paid maternity benefits, group lifeSARS benefits, study leave, etc. SARSis ranked number 7 as ideal employer in SA, according to Universum. Trainees receiveenabled technical exposurefor job

directed learning.