Lead, Tax Management at Rosabon Financial Services

Summary of Responsibilities

• The Lead, Tax Management plays a critical role in ensuring that Rosabon remains compliant with tax laws and optimizing tax strategies to align with her overall financial goals.
• This position requires expertise in tax compliance, planning, reporting, and advisory to minimize liabilities, manage risks, and support overall financial health.
• The Tax Manager will collaborate across departments, provide expert guidance on tax implications, and ensure robust documentation and policy adherence.
• This role is pivotal in ensuring Rosabon Financial Services Limited remains compliant while leveraging tax strategies to support her growth and profitability.

Responsibilities
Tax Compliance and Planning:

• Oversee the accurate preparation and timely filing of all tax obligations across locations, including VAT, PAYE, WHT, etc.
• Design and implement tax-efficient strategies while ensuring strict compliance with tax authorities.
• Monitor and ensure adherence to local, state, and federal tax laws, updating Rosabon’s internal processes as needed.
• Serve as the primary liaison with tax authorities, addressing and responding to audit queries and demand notices in a professional and timely manner.
• Maintain meticulous records of all tax-related activities, ensuring audit readiness and transparency.
• Conduct periodic internal tax audits to assess and mitigate risks, implementing corrective actions where necessary.
• Advise senior management on the tax implications of strategic business decisions, ensuring optimal outcomes.

Audit and Risk Management:

• Manage relationships with internal and external auditors during tax-related reviews.
• Identify and proactively address potential tax risks, implementing strategies to safeguard compliance.
• Review Rosabon’s transactions and processes to ensure alignment with applicable tax laws and best practices.
• Develop and implement corrective actions to address audit findings effectively swiftly.
• Establish and maintain reliable systems for tracking, assessing, and managing tax risks.
• Partner with other departments to ensure tax compliance across all organizational activities.
• Stay updated on legislative and policy changes and evaluate their impact on Rosabon’s tax positions and obligations.

Reporting and Documentation:

• Prepare comprehensive reports on tax activities, highlighting compliance, risks, and opportunities for improvement to be periodically shared with executive management through the Head, Accounts and Finance.
• Ensure all required tax filings and reports are submitted accurately and on schedule to the Head, Accounts and Finance.
• Develop and maintain a tax compliance calendar to prevent missed deadlines or penalties.
• Provide regular updates to senior management on tax strategies, compliance status, and emerging opportunities.
• Maintain an organized system for all tax-related documentation to streamline audits and reviews.
• Generate insightful analytical reports to evaluate the effectiveness of tax policies and strategies.

Policy Development and Training:

• Develop and implement company-wide tax policies to standardize compliance and taxation efficiency.
• Conduct training sessions for team members on tax laws, compliance requirements, and organizational policies.
• Collaborate with HR and Treasury team to ensure payroll taxes are calculated, paid and filed correctly across locations.
• Develop contingency plans for managing tax disputes and unforeseen compliance challenges.
• Build and implement knowledge sharing sessions / succession plans to ensure leadership continuity within the team.
• Advocate for industry best practices and foster a culture of compliance within the organization.

Advisory Role:

• Collaborate with the legal department to evaluate the tax impact on the business environment.
• Advise on structuring employee compensation and benefits to optimize tax outcomes for both the company and staff.
• Represent the company in tax-related matters, ensuring awareness of emerging trends and influencing policy changes where applicable.

Qualifications and Requirements

• Bachelor’s degree in Accounting, Finance, or a related field; a Master’s degree is an advantage.
• Professional certifications such as CITN, ACA, or ACCA are mandatory.
• Minimum of 6 years of progressive experience in tax compliance and planning, with at least 3 years in a managerial capacity.
• Comprehensive knowledge of Nigeria tax laws, including regulatory and compliance frameworks.
• Exceptional analytical skills and a proven ability to develop and implement effective tax strategies.
• Proficiency in ERP systems and Microsoft office packages.
• Strong interpersonal and communication skills for cross-functional collaboration and stakeholder engagement.
• Demonstrated ability to manage audits and resolve disputes effectively.

Key Skills:

• Tax Expertise: Deep knowledge of tax regulations, compliance, and strategic planning.
• Risk Management:Proficiency in identifying and mitigating tax-related risks.
• Analytical Thinking:Ability to interpret complex tax data and provide actionable insights.
• Leadership:Strong team management and engagement.
• Communication:Clear presentation of tax-related issues to stakeholders and regulators.
• Strategic Advisory:Skillful guidance on tax implications for key business decisions.