Tax Accountant at Vantegral Consulting

Responsibilities

• Compute and make monthly journal entries on the ERP to provide for tax liabilities owed/chargeable according to prescribed rates, laws, and regulations.
• Ensure adequacy of financial tax provisions
• Follow up with Treasury, verify and book monthly interest income after accounting for withholding tax.
• Secure WHT certificates for offset/recovery against income tax obligations within the financial year and before year-end tax returns for the period are filed with the tax authorities
• Prepare and file periodic federal, state, or local tax returns (- PAYE, WHT, Corporation tax, ITF, etc) as required, by due dates to avoid penalties
• Provide information and coordinate tax consultants engaged in the preparation and filing of annual tax returns.
• Undertake tax planning. Develop strategies to defer, minimize the company’s tax liability within the confines of the laws.
• Advise management on the tax impact of corporate strategies and business activities/operations, and the impact of new laws on tax liabilities.
• Advice and ensure that the company complies with periodic tax payment, information reporting, and other statutory and regulatory tax requirements
• Coordinate audits by various taxation authorities – IFRS, LIRS, ITF, etc and negotiate with tax authorities over tax payment issues.
• Ensure all departments comply with all relevant tax laws: PAYE, VAT, WHT, Capital gains tax
• Ensure reconciliation of all tax account, VAT, WHT, VAT output tax, VAT input tax and withholding tax on customers’ accounts.
• Review such accounts monthly to ensure all postings to the general ledger are accurate.
• Serve as the company’s principal representative to tax and related regulatory authorities
• Respond to all tax queries from statutory organizations & tax regulatory bodies.
• Represent the company along with the tax consultants on issues of tax
• Represent the company on all tax / statutory deduction matters
• Daily process intercompany transactions to ensure that company books are up-to-date
• Receive and verify intercompany invoices before booking.
• Verify transaction documents for completeness and compliance with statutory and other requirements
• Investigate and resolve intercompany collection issues, escalate where required

Requirements

• Minimum of 4 years’ experience as a tax accountant
• Bachelor’s degree in Accounting, Finance or related field is required
• Professional qualification in Accounting or Tax e.g., ACA, ACCA, ACTI , CITN is mandatory
• MBA or Master’s degree in Accounting, Finance, Business or related field is an advantage
• Business Acumen
• Sound written and oral communication skills
• Analytical Skills