Credit Control & Tax Manager (CCTM) at Elizade Toyota Nigeria Limited

Main Purpose

• Prepare credit control reports, undertake debt reconciliation and debt recovery; he/she will be the link person between the company and the tax consultants for various tax matters as well as supervise tax team

Duties and Responsibilities

Credit Control:

• Taking a proactive role in managing and collecting debts of company debtors
• Creating procedures and policies that ensure timely payments while maintaining a high level of customer retention
• Setting up of terms and conditions of credit
• Ensuring timely payment of debts
• Following up payments as needed
• Liaising with customers, as well as internal personnel including the sales team
• Monitoring debtor balances to ensure a reduction in debtors
• Supervise and monitor the system (Navision) to capture credit sales and payments by all Motor vehicle and Aftersales credit customers.
• Supervise and reconcile all motor vehicle & Aftersales customers’ receivables with actual trade debts.
• Initiate adjustments journals for wrong/incomplete transactions observed during reconciliation.
• Be actively involved in trade debts recovery.
• Prepare credit customers’ statement of account.

Tax Administration:

• Monitor and report WHT source deductions to enhance the prompt collection of tax receipts from motor vehicles & Aftersales customers.
• Manage FIRS and LIRS income tax returns preparation as well as other tax returns as required
• Calculation of the monthly/quarterly/annual FIRS/LIRS tax provision
• Defense of tax audits
• Tax technical research as required
• Support internal and external tax planning initiatives
• Review transactional data to identify tax issues and determine proper tax treatment
• Documentation of tax processes and organization of tax information
• Coordinate the information needed for engagements with external tax advisors
• Interface with other areas of the organization and provide guidance as required
• Identify tax planning opportunities/initiatives
• WHT Credit notes submitted by specified due date

The Person

• B.Sc (Accounting / Economics or other related fields).
• Must be ACA (ICAN) Certified.
• Minimum of Seven (7) years’ work experience - spanning Credit Control and Tax Administration related functions in a corporate environment.
• Knowledge on the usage of accounting software/ERP.
• Ability to use Microsoft Dynamic (Navision) is an added advantage.
• Strong knowledge on the usage of Microsoft Excel.