Manager - Tax at Promasidor

Location: Head Office, Lagos
Reporting To: Senior Manager - Finance

Objectives

• Efficiently and effectively running of the tax department that protects the shareholder’s fund, proactively predicts and taking actions to mitigate tax exposures and strategically position to dealing with all forms of tax issues with the FIRS, LIRS and other relevant tax authorities.

Responsibilities

• Responsible for calculating Income, Education and Deferred tax provisions on a monthly basis
• Ensure efficient and effective tax compliance taking advantage of necessary tax benefits available in the tax laws
• Ensure the company is not exposed to any form of tax liability and provide periodic company’s tax exposure tracker
• Be abreast of new tax legislation and advise on its implication to the business
• Responsible for monthly VAT calculation, validation and remittance
• Responsible for monthly WHT reconciliation and remittance for FIRS and LIRS
• Have good understanding of Transfer Pricing legislation and practice
• Be responsible for managing Transfer Pricing audits and provide Transfer Pricing support to TP advisors.
• Responsible for FIRS audits and coordinate with tax advisors on audit observations for early resolutions
• Responsible for LIRS and other upcountry tax audits, respond to queries from all states of internal revenue services and ensure open audits are closed as quickly as possible
• Conduct quarterly transactional internal audits, provide impact assessment and advise on mitigating steps
• Timely submission of annual tax returns for the company and obtain annual tax clearance certificate for the company.
• Timely submission of annual tax returns (PAYE) for all relevant tax authorities
• Responsible for monthly PAYE reconciliation and remittances across all relevant tax authorities and receiving original receipts for all remittances.
• Work closely with HR and ICT to ensure the Payroll system works as designed and effectively supports the PAYE system without any over/under remittances of PAYE
• Process Tax Clearance Certificate for all PNG staff from relevant tax authorities
• Procurement of annual acceptance certificate for newly acquired Property, Plants and Equipment of the business.
• Prepare and update tax provision schedules for year-end activities
• Responsible for tax planning and training of the tax team
• Supervision and monitoring of tax unit activities.

Requirements
Education:

• BSc/HND in Accounting, Finance, Banking, Banking and Finance Economics or any related discipline. Relevant professional qualification will be an added advantage
• ACA, MSC, MBA, CITN

Experience:

• Minimum of 8 years of working experience in a structured organization with very good tax background

Knowledge:

• Tax Management
• Applicable tax laws
• Necessary tax documentation and guidelines
• Tax notices and interpretation
• FIRS guidelines
• Accounting principles
• Accounting systems and practices
• Internal working of LIRS and other state of internal revenue services
• Financial Analysis and modelling

Skills & Personal Attributes:

• Good communication skills
• Excellent negotiation skills
• Interpersonal skills
• Problem solving
• Analytical Mind
• People Management
• Planning and control
• Supervision and coaching
• Attention to details
• Integrity
• Innovative.