Assistant Tax Manager

Job title : Assistant Tax Manager

Key Responsibilities
Tax Compliance:

• Prepare and file all statutory tax returns accurately and within regulatory deadlines.
• Ensure compliance with all applicable federal, state, and local tax regulations.
• Compute and reconcile monthly and annual tax liabilities.
• Monitor changes in tax legislation and advise management on compliance requirements.

Tax Planning and Advisory:

• Assist in developing and implementing tax planning strategies to optimize the organization's tax position while ensuring regulatory compliance.
• Provide tax guidance to internal stakeholders on business transactions and contracts.
• Support management in evaluating the tax implications of business decisions and projects.

Tax Reporting and Reconciliation:

• Prepare tax schedules and reconciliations for financial reporting.
• Reconcile tax accounts with the general ledger.
• Ensure accurate tax provisions in accordance with applicable accounting standards.
• Prepare monthly, quarterly, and annual tax reports for management.

Audit and Regulatory Liaison:

• Coordinate tax audits conducted by regulatory authorities and external auditors.
• Liaise with the Federal Inland Revenue Service (FIRS), State Internal Revenue Services, and other regulatory agencies.
• Prepare and submit responses to tax queries and assessments.
• Ensure prompt resolution of tax disputes and outstanding tax matters.

Indirect and Withholding Taxes:

• Manage Value Added Tax (VAT), Withholding Tax (WHT), Company Income Tax (CIT), Education Tax, National Information Technology Development Levy (NITDA Levy), Capital Gains Tax (CGT), and other applicable statutory taxes.
• Ensure timely remittance of all tax deductions.

Process Improvement:

• Identify opportunities to improve tax processes and internal controls.
• Maintain accurate tax documentation and records.
• Support the implementation of tax compliance systems and automation initiatives.

Team Support:

• Supervise and mentor junior tax officers where applicable.
• Support cross-functional teams on tax-related matters.
• Perform other duties assigned by the Tax Manager.

Requirements

• Bachelor's Degree in Accounting, Finance, Economics, or a related discipline with 4 5 years of relevant experience in taxation, preferably within a manufacturing, FMCG, or multinational organization.
• ICAN (Institute of Chartered Accountants of Nigeria) qualification is mandatory.
• ACCA or CITN (Chartered Institute of Taxation of Nigeria) certification is an added advantage.
• Membership of relevant professional bodies is desirable
• Hands-on experience with corporate tax compliance, tax audits, and statutory reporting.
• Experience dealing with FIRS and State Internal Revenue Services.
• Strong knowledge of Nigerian tax laws and regulations.
• Proficiency in Microsoft Excel (Pivot Tables, XLOOKUP/VLOOKUP, SUMIFS, financial functions).
• Experience with ERP systems such as SAP, Oracle, Microsoft Dynamics, Sage, or similar accounting software.
• Knowledge of IFRS and financial reporting requirements.
• Strong analytical and financial reporting skills.
• Core Competencies
• Excellent analytical and problem-solving skills.
• Strong knowledge of corporate taxation and regulatory compliance.
• High level of integrity and confidentiality.
• Excellent communication and stakeholder management skills.
• Attention to detail and accuracy.
• Strong organizational and time management skills.
• Ability to work under pressure and meet statutory deadlines.
• Leadership and team collaboration.