Tax Specialist – Compliance Management
Location | Lagos, Nigeria |
Date Posted | April 5, 2022 |
Category |
Management
|
Job Type |
Full-time
|
Currency | NGN |
Description
Job Objectives
- Develops Tax compliance metrics and produces performance reports and analytics to support business objectives from tax perspectives including the management of Federal, State, Local government taxes.
- Regularly tracks and resolves outstanding audit and tax issues that have been escalated, or further escalate to the necessary parties
Job Responsibilities
- Carry out a check of tax compliance issues on ground as at the commencement of job responsibilities.
- Define tax compliance and reporting processes, procedures, metrics and tools
- Manage tax compliance of the nigerian plants and report exceptions noted
- Monitor the implementation of tax compliance processes and adherence to tax compliance procedures in Nigeria and across Pan-African businesses
- Prepare tax compliance reports and analysis on a regular basis as required by business
- Manage tax audits and produce performance reports with action plans to achieve full compliance
- Conduct analysis on tax compliance on a regular basis as required by business
- Conduct regular enterprise-wide awareness initiatives on tax compliance
- Follow up on the action plans from performance reports to ensure full compliance
- Liaise with third party professionals including solicitors, other accountant, tax advisers and independent financial advisers
- Create tax data collection systems
- Tax policies & procedures implemented successfully
- Tax performance management compliance reports followed through and exceptions cleared
- Tax audits successfully closed
- Timely filing of all tax returns and payment of taxes
- Minimal incidence of disallowed deductible expenses during tax audits
- Annual savings of 10% of tax compliance services cost
- Knowledge of relevant tax management legislation and policies
- Strong understanding of taxation laws and administration practices as well as industry trends
- Strong business acumen
- Very good knowledge and understanding of accounting policies (IFRS)
- Experience of IFRS reporting highly desirable
- Ability to multi-task under tight deadlines and deliver results
- Strong interpersonal skills
- Very good in financial analysis and financial statements interpretation
- Working knowledge of SAP will be an added advantage.
Key Performance Indicators:
- Tax policies & procedures implemented successfully
- Tax performance management compliance reports followed through and exceptions cleared
- Tax audits successfully closed
- Timely filing of all tax returns and payment of taxes
- Minimal incidence of disallowed deductible expenses during tax audits
- Annual savings of 10% of tax compliance services cost.
Requirements
Educational & Professional Qualifications:
- A first or postgraduate degree in Finance, Accounting or Taxation.
- Membership of Chartered Institute of Taxation of Nigeria (CITN) is a requirement
- Membership of Tax Institute of any of the OHADA Countries is an added advantage
- Additional membership of at least one of the following professional bodies will be an added advantage: Institute of Chartered Accountants of Nigeria(ICAN), Association of Certified Chartered Accountants (ACCA), Certified Financial Analysts (CFA).
Desired Experience:
- Between 5 - 7 years experience in Tax Practice and/or In-house Corporate Tax Management in a conglomerate.
Skills & Competence:
- Knowledge of relevant tax management legislation and policies
- Strong understanding of taxation laws and administration practices as well as industry trends
- Strong business acumen
- Very good knowledge and understanding of accounting policies (IFRS)
- Experience of IFRS reporting highly desirable
- Ability to multi-task under tight deadlines and deliver results
- Strong interpersonal skills
- Very good in financial analysis and financial statements interpretation
- Working knowledge of SAP will be an added advantage.
Benefits
- Private Health Insurance
- Paid Time Off
- Training & Development.