Why PayNet / Why Now
- PayNet operates at national scale where tax decisions directly affect sustainability, pricing, and regulatory credibility.
- Growing platform complexity, new initiatives, and evolving tax rules increase the importance of upfront tax structuring.
- This role exists to move PayNet from reactive tax compliance to proactive, well‑considered tax planning.
- Strong tax judgment today reduces structural risk and limits costly remediation later.
TL; DR
- Reports to the Head of Financial Control and leads a small Tax team, ensuring work is well prioritised, delegated, reviewed, and delivered to a high standard.
- Own tax planning and structuring across PayNet’s products, platforms, and initiatives.
- Act as the internal authority on direct and indirect tax implications of business decisions.
- Shape tax positions early, not after commercial or legal structures are set.
- Balance tax efficiency with regulatory defensibility and long‑term sustainability.
Why This Role Matters
- Poor tax structuring creates long‑term cost, audit risk, and reputational exposure.
- Over‑conservative tax positions can unnecessarily constrain commercial outcomes.
- Strong tax judgment enables confident decisions under regulatory scrutiny.
- This role requires judgment over checklist compliance.
What You Will Actually Do
- Shape tax planning and structuring for new initiatives, products, entities, and partnerships.
- Own end‑to‑end tax analysis across direct and indirect taxes, translating rules into clear business implications.
- Define and defend tax positions that are efficient, defensible, and aligned with PayNet’s risk appetite.
- Lead technical tax input into contracts, pricing discussions, and business proposals.
- Own tax compliance quality across filings, submissions, and audits, while guiding team delivery to ensure outputs align with planning intent.
- Act as the primary technical interface with external tax advisors and authorities.
Examples of This Role in Practice
- Advising early on transaction or operating model design to avoid structural tax leakage.
- Challenging a proposed structure that appears efficient short‑term but creates future audit risk.
- Translating complex indirect tax rules into practical guidance for product or finance teams.
- Defending a tax position during an audit by clearly articulating intent, substance, and rationale.
- Identifying opportunities to simplify or standardize tax treatment across platforms.
What Will Help You Succeed
- Deep technical grounding in both direct and indirect tax, applied with commercial judgment.
- Comfort influencing decisions without formal authority or team ownership.
- Ability to think structurally, not just transactionally.
- Strong written and verbal articulation of complex tax positions.
- Curiosity about how business models, regulation, and tax intersect.