Tax and Payroll Manager at Diageo

Purpose:

• The Tax and Payroll Manager will functions as an internal tax administrator/insurance specialist /Adviser to the business.
• Ensure the development, update of the company’s tax and otherrelated policies and guidelines
• Manage scheduling, payment and returns of State and Federal Government Taxes
• Ensure provision of insurance cover for the company’s assets
• Ensure all payroll transactions are delivered promptly, accurately and completely.

Dimensions

• Diageo, statutory and management Tax Reporting.
• Ensure Controls around Accounting for taxation meets a minimum of ‘satisfactory’ CARM rating.

a) Market Complexity

• The Tax and Payroll Manager is required to play a significant leadership role within RTR team to ensure that the functional/ business agenda are closely aligned.
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• Ensures timely, accurate and relevant financial information are reported to management and Diageo. Also ensures the company complies with the statutory reporting requirements.
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• He is responsible for implementing all CARM controls effectively and efficiently in all areas under his control as highlighted above.

b) Leadership and Functional Capabilities

Top  Accountabilities

Tax & Insurance Management:

• Prompt payment of all taxes due to the state and federal government.
• Ensure all tax related risks are captured in the tax risk matrix and circulated to relevant stakeholders
• Ensure prompt completion of tax Magnitude Validation Model in conjunction with tax consultants.
• Manage relationship with tax consultants to ensure company tax objectives are delivered to time and in line with appropriate legislation
• Satisfactory compliance with tax controls as required by CARM.
• All tax queries and correspondences are responded to and appropriate steps taken to avoid penalties due to non-compliance.
• Ensure all relevant aspects of local tax legislation are fully embedded in the company’s tax declaration and continuously monitor compliance of same.
• Steer, advise and support the company’s financials from tax perspectives.
• Prompt monthly reconciliation of tax related accounts
• Oversee the risk management process and ensure adequate insurance cover for the company’s assets
• Manage relationships with Insurance Brokers to optimize value from our policies
• Ensure compliance with local insurance legislation
• Negotiate the company to a position of strength on all insurance policies
• Ensure prompt reporting and processing of claims
• Develop and document insurance policy & procedures

Qualifications and Experience Required

• Graduate caliber plus membership of Institute of Chartered Accountants of Nigeria with relevant work experience.
• Minimum of 7 years  experience with proven integrity.

Knowledge

• Sound IT knowledge in the use of outlook (Excel, Word and PowerPoint).
• Working knowledge in accounting package-SAP (All modules).