Unit Head Tax, Fixed Asset & Insurance at First Bank

Job Description

• Prepare Tax Planning/strategies for the bank for optimum tax advantage
• Proper and effective coordination of Tax Audit – state and statutory. 
• Effective liaison with the HOD and local tax advisers to support the effective management of the bank’s tax affairs and the local tax liabilities.
• Manage compliance with the local corporate, income and other tax regimes (e.g. withholding tax and VAT), in order to minimize the burden of taxation on the bank. 
• Creating bank wide tax consciousness, by initiating and facilitating tax training programs for bank affected personnel and providing regular updates on the latest development within the tax regulatory environment.
• Provide updates on the new developments /circulars issued by FIRS
• Preparation of reports on tax matter to Executive Management
• Preparation of banks corporate tax returns in conjunction with tax consultants and ensure timely filing of corporate self-assessment tax returns
• Ensure timely remittance of tax returns/payments 
• Ensure prompt payment of corporate tax installments
• Effective management of staff personal income tax
• Liaison with tax consultants for timely procurement of personal income tax clearance certificates for all bank employees

Job Requirements:

• Bachelor’s degree in Finance, Accounting, Economics, or related field.
• Professional accounting qualification such as ACCA, ACA, CPA or its equivalent plus at least 10 years post Qualification years’ experience, with relevant / specific banking experience
• Minimum of 10-15 years post-qualification experience, preferably consulting/financial services experience.
• Sound knowledge of Generally Accepted Accounting Principles and IFRS Accounting Policy
• Proficiency in the use Ms word & Ms Excel