Senior Tax Officer at CFAO

Role Description

• This is a full-time on-site role located in Lagos for a Senior Tax Officer.
• The Senior Tax Officer will be responsible for analyzing financial statements, reviewing tax returns, and ensuring compliance with tax regulations.
• The Senior Tax Officer will also provide advice on tax matters and prepare reports for management.

Tax Management

• Researching, analysing and interpreting changing tax legislation in Nigeria
• Preparing and submitting compliance (tax) returns by the deadline, such as but not limited to
• ITF Compliance, PAYE Compliance, NSITF Compliance, VAT Compliance, CIT Compliance, WHT Compliance, Education Tax Compliance, Pension Compliance
• Liaising and negotiating with the relevant tax and regulatory authorities on behalf of the Company
• Creating tax strategies and adequate planning for the Company
• Carrying out detailed computations to calculate tax liability and advising on how to minimise tax exposures
• Providing guidance on indirect taxation issues such as VAT, customs planning and environmental taxes
• Producing reports and presentations for Management

Fixed Assets

• Create and monitor a system of controls, procedures, and forms for the recording of Fixed Assets
• Record fixed asset acquisitions and dispositions in the accounting system
• Track the compilation of project costs into fixed asset accounts, and close out those accounts once the related projects have been completed
• Conduct periodic reviews of the fixed asset schedule to determine dispositions
• Reconcile the balance in the fixed asset subsidiary ledger to the general ledger
• Run depreciation for all fixed assets
• Prepare audit schedules relating to fixed assets, and assist the auditors in their inquiries
• Conduct periodic impairment reviews for intangible assets
• Conduct periodic physical inventory counts of fixed assets

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field is required, Master's degree is preferred
• Minimum of 5 years of experience in a similar senior tax position
• Strong knowledge of Nigerian corporate tax principles, laws, and regulations
• Proficient in Microsoft Office Suite, particularly Excel
• Strong analytical and problem-solving skills with the ability to work independently and in a team environment
• Attention to detail and ability to manage multiple tasks and competing priorities in a fast-paced environment
• Excellent written and verbal communication skills
• Professional qualification in accounting or taxation (e.g. ICAN, CITN)