- The main purpose of the Bank tax officer is to provide support to the tax manager in managing the tax risk, defining, and managing the tax strategy for the Bank. Implementation of systems and processes to monitor and mitigate identified tax risks. The officer will provide support to the manager on all activities relating to transfer pricing policy and documentation.
- The tax officer will interface with tax consultant, tax authorities’ officials and other tax internal and external stakeholders.
- The officer will provide support to the tax manager on compliance with all the tax laws, attending to tax queries and audit by tax authorities at the federal and state.
The tax risk to be managed includes but is not limited to:
- Value Added Tax (VAT),
- Withholding Value Added Tax (WVAT)
- Withholding Tax (WHT),
- Companies Income Tax (CIT),
- Stamp duties (SD)
- Personal Income Tax (PIT)
- Transfer pricing disclosure & documentation etc
- Common Reporting Standard (CRS)
- Country by Country Reporting
- FATCA
Qualifications
- Minimum of First Degree in a Business or other related course
- A professional qualification in accounting (e.g. ACA, ACCA) is an added advantage.
- Minimum of 3- 5 years post-qualification experience
- Good understanding and knowledge of Nigerian State and Federal taxation requirements
- Understanding of IFRS
Technical Competencies:
- Understanding of IFRS
- Working knowledge of SAP, Finacle and Calypso.
- Computer literacy (MS Office packages)
- Planning, Forecasting and Budgeting
- Working knowledge/understanding of International Financial Reporting Standards.
Behavioral Competencies:
- Problem-solving and analytical mind
- Good communication, negotiation, and presentation skills.
- Good stakeholder engagement.
- Paying attention to detail.
- Action/ delivery/ control oriented.
