Regulatory Reporting and Tax Analyst at CITIBANK

Job ID: 15065838
Location: Lagos
Job Function: Finance

Job Purpose

• Assist the CFO in ensuring that all local Regulatory reporting requirements and tax issues are met in a timely and accurate manner.

Key Responsibilities
Reporting:

• Responsible for coordination and rendition of all local regulatory reports
• Studying new reporting requirements and advising Controller on a timely basis of impact on the bank.
• Liaison with relevant regulatory units to ensure that ambiguities in reporting requirements are clarified.
• Responsible for preparation of monthly Local Regulatory Reporting Control File
• Assisting the Controller to co-ordinate regulatory and external audit
• Expense management and analysis.
• Monitoring of statutory compliance ratios.
• Rendition of all other adhoc reports as may be requested by the regulatory authorities from time to time
• Responsible for Quarterly Tax contingency reporting and preparation of US quarterly/annual tax reporting.
• Responsible for preparation of monthly IFRS Financial Statements for management.
• Preparation of monthly local Tax computation
• Coordination of local branches tax audits
• Preparation of monthly Local Books (IFRS) to US GAAP reconciliation

Process:

• Assisting in the maintenance of up to date systems. Helping to ensure that Citibank Nigeria Limited Finance department utilizes latest available automated processes for its local regulatory and tax reporting.
• Constant process improvement
• Maintenance of accurate and up-to-date financial databases

Others:

• GL Maintenance
• Responding to ad-hoc enquiries
• Alerting supervisor promptly of potential problem areas
• Any other functions that may be assigned from time to time.

Business Relationships
Internal:

• Business and Product units for input on reports and tax
• EMEA Finance Depts.

External:

• Regulators-CBN, NDIC, FIRS and State Internal Revenue Service
• External Auditors
• Tax Consultants

Qualifications
Knowledge:

• Experience in accounting
• Accounting qualification will be an added advantage

Skills:

• Considerably numerate
• Good analytical skills
• Good PC skills
• Ability to produce high quality output under pressure

Core Comptencies:

• Ability to produce high quality output under pressure
• Deadline driven

Qualifications:

• Bachelor's degree in any discipline
• Master’s degree or professional qualification (ICAN, ACCA etc.) will be an added advantage.