Officer, Tax Management

Duties and Responsibilities

• Regulatory compliance checks on Bank
• To assist in Tax management and planning and Implementation of Tax plans which include but not limited to keeping abreast of changes in tax laws and advising unit head subsequently, evolving training programs for the unit, and advice subsidiaries with monthly tax computation for posting after review.
• First level review of management account used in preparing the Bank’s CIT and DTA, computation of CIT/DTA and advice unit head of tax for any variances.
• Remittance of Bank Tax; Collation and preparation of tax schedules for payment to various regulatory authorities, advise the various remitting branches with the schedule of payment, and ensure that tax paid is in line with the prevailing tax laws.
• Assisting with Tax audit exercise which includes collation of all documents needed for tax audit, liaising between the examiners, various departments of the bank and the tax consultants, Collation and investigation of audit report by FIRS and state boards, investigating all tax queries from the examiners, working with consultants on field work liaising with consultants and the examiners in resolving audit issues. Also instruct and guide branches in respect of preparing for an audit, Monitoring of all ongoing state tax audit, computing compliance status of final demand notice viz a viz provision, follow through for proper and timely conclusion of all state and FIRS audits.
• Other ancillary task which include but not limited to Preparation, calculation and processing all ITF payment and refunds in conjunction with HR, entertaining and responding to all tax queries from the branches, Interfacing with all tax regulatory bodies, profiling of all states for tax risk exposure as well as other tax related matters, providing tax support services to branches and other head office departments etc. and any other tax related services as they occur
• To assist in the conduct of the year end/statutory audit exercises
• Intermediary between the Bank and the various tax authorities on tax issues.
• Ensure monthly remittance of VAT/WHT/PAYE as well as filing.Job Requirements
• A minimum of 4 years relevant experience in Finance and Tax unit of a bank or financial institution.
• Professional qualification in accounting (ACA, ACCA) will be an added advantage

Minimum Experience

• Minimum of 3 years relevant experience in a bank or financial institutionGrade
• ET – ABO