Promasidor - We are an African company proud of our heritage and totally committed to the continent. We manufacture, market and sell unique brands which bring practicality and pleasure to millions of consumers across Africa.
We are recruiting to fill the position below:
Job Title: Manager - Tax
Location: Head Office, Lagos
Reporting To: Senior Manager - Finance
Objectives
Efficiently and effectively running of the tax department that protects the shareholder’s fund, proactively predicts and taking actions to mitigate tax exposures and strategically position to dealing with all forms of tax issues with the FIRS, LIRS and other relevant tax authorities.
Responsibilities
Responsible for calculating Income, Education and Deferred tax provisions on a monthly basis
Ensure efficient and effective tax compliance taking advantage of necessary tax benefits available in the tax laws
Ensure the company is not exposed to any form of tax liability and provide periodic company’s tax exposure tracker
Be abreast of new tax legislation and advise on its implication to the business
Responsible for monthly VAT calculation, validation and remittance
Responsible for monthly WHT reconciliation and remittance for FIRS and LIRS
Have good understanding of Transfer Pricing legislation and practice
Be responsible for managing Transfer Pricing audits and provide Transfer Pricing support to TP advisors.
Responsible for FIRS audits and coordinate with tax advisors on audit observations for early resolutions
Responsible for LIRS and other upcountry tax audits, respond to queries from all states of internal revenue services and ensure open audits are closed as quickly as possible
Conduct quarterly transactional internal audits, provide impact assessment and advise on mitigating steps
Timely submission of annual tax returns for the company and obtain annual tax clearance certificate for the company.
Timely submission of annual tax returns (PAYE) for all relevant tax authorities
Responsible for monthly PAYE reconciliation and remittances across all relevant tax authorities and receiving original receipts for all remittances.
Work closely with HR and ICT to ensure the Payroll system works as designed and effectively supports the PAYE system without any over/under remittances of PAYE
Process Tax Clearance Certificate for all PNG staff from relevant tax authorities
Procurement of annual acceptance certificate for newly acquired Property, Plants and Equipment of the business.
Prepare and update tax provision schedules for year-end activities
Responsible for tax planning and training of the tax team
Supervision and monitoring of tax unit activities.
Requirements
Education:
BSc/HND in Accounting, Finance, Banking, Banking and Finance Economics or any related discipline. Relevant professional qualification will be an added advantage
ACA, MSC, MBA, CITN
Experience:
Minimum of 8 years of working experience in a structured organization with very good tax background
Knowledge:
Tax Management
Applicable tax laws
Necessary tax documentation and guidelines
Tax notices and interpretation
FIRS guidelines
Accounting principles
Accounting systems and practices
Internal working of LIRS and other state of internal revenue services
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