Indirect Taxation Analyst

Job title : Indirect Taxation Analyst

Purpose

• The purpose of the Indirect Tax Analyst service is to ensure full compliance with VAT, WHT, and staff income taxes, and manage relationships with regulators and auditors while maintaining Company Tax matrix and accurate records of remittances and receipts for all Company entities.

Activities
Technical Audit Planning & Execution:

• Provides strategic advisory support to other departments and Company entities in respect of contracts and transactions with indirect tax implications (current and future). This involves liaison with the Legal, C&P, Finance and Accounting departments on projects.
• Design of the Indirect Tax matrix for all Company entities and updates based on new legal/fiscal developments in the country, with a view to minimizing exposure to liability and reputational negativity.
• Review tax clauses in contracts, make recommendations to the Contracts Dept. & technical Personnel responsible for fiscal clauses to reach a mutually beneficial agreement with third parties.
• Coordinates periodic external audits — NEITI, NRS, SIRS, NDDC etc.
• Liaise with the regulatory authorities such as NUPRC, NDDC, NRS and other regulatory authorities in relation to Company's role as a fiscal agent of the Government. This details all documentation, monetary transfers and remittance evidence on all classes of taxes and levies due the Federal and State Governments.
• Provides guiding rules to Company HR for the calculation and payment with statutory deadline, of staff income taxes. Reviews and analyzes the implementation thereof.
• Supervises the preparation and filing of VAT and WHT returns to the NRS and the SIRS, monthly and annually for all Company.
• Prepares responses to queries emanating from the various Tax returns and/or tax audits.
• Directs Accounting operations in the update of vendors master data files, payment of various indirect taxes within statutory deadlines as well as Treasury Dept. for optimal funds utilization.
• Applies to the relevant tax authorities and responds to queries in the course of obtaining Tax Clearance Certificates (TCC) for ALL Company entities.
• Coordinates relationships with Company's vendors in respect of tax-related obligations (WHT Credit Notes) due to vendors. Retrieve and maintain records of Revenue Receipts issued (online) by the relevant tax authorities and government agencies for taxes and levies remitted by Company.
• Retrieve and maintain records of Revenue Receipts issued (online) by the relevant tax authorities and government agencies.

Profile
Technical skills required for the position:

• Thorough knowledge of federal tax laws, state tax laws, tax treaties, and Multilateral Tax Agreements is essential.
• Good interpersonal and organizational skills with the right temperament to work with government agencies.
• Ability to plan and coordinate work with minimal supervision.
• Behavioral competencies required for the position: Interpersonal skill, analytical skills, cross functional interaction are necessary for the function.
• Language skills required for the position: English. C2 Proficiency level.
• Certification required for the position: Professional accounting certification eg, ICAN or ACCA.
• Specific knowledge required for the position: Sound technical knowledge and interpretation of Nigeria tax laws.
• Level of experience required for the position: Minimum of 6 years post-graduation experience in tax and accounting functions.