Tax Manager - Bank at Stanbic IBTC Bank

Employment Nigeria 28-Sep-2018 LAGOS , Banking and Finance

Stanbic IBTC Bank is a leading African banking group focused on emerging markets globally. It has been a mainstay of South Africa's financial system for 150 years, and now spans 16 countries across the African continent.

Standard Bank is a firm believer in technical innovation, to help us guarantee exceptional client service and leading edge financial solutions. Our growing global success reflects our commitment to the latest solutions, the best people, and a uniquely flexible and vibrant working culture. To help us drive our success into the future, we are looking for resourceful individuals to join our dedicated team at our offices.

We are recruiting to fill the position below:

Job Title: Tax Manager - Bank

Job ID: 35017
Location: Lagos Island, Lagos
Job Sector: Banking

Job Details

Finance: budgeting and forecasting, creating interim and annual financial statements, facilitating internal mergers and acquisitions, as well as dealing with analysts and investors.

Job Purpose

Manage the Bank tax compliance and tax risk
Oversee the tax function in the Bank.

Key Responsibilities/Accountabilities
Monthly tax compliance and providing tax support to different business and department in the Bank:

Prepare monthly WHT, VAT and other tax computation
Monthly WHT and VAT filing
Monthly tax GL review
Respond to tax enquiries from the network within the Bank
Maintain proper record all of the Bank tax transactions
Manage the Bank annual corporate tax filing
Manage the bank deferred tax computation and measurement
Responsible for the Bank withholding tax management
File other tax related returns with the relevant tax authority
Tax clearance certificate for the Bank and Employees across the State

PAYE, WHT, VAT and Corporate Tax audit:

Keep record of document required for tax audits
Keep record and response to all tax audit correspondence
Manage the collation of tax receipts
Responsible for the transfer pricing compliance and filing for the Bank
Manager relationship with tax consultants for the Bank
Ensure all tax receipts are proper kept
Represent the Bank during audits, reviews and investigation

Tax Risk Management:

Custodian of the Bank tax strategy, Policies and Governance document
Identification and evaluation of taxation risks with the Bank
Implementation of systems and processes to mitigate identified tax risk
Optimisation of the Bank tax expense, by identifying and implementing tax planning strategies
Improve tax knowledge within the Bank through communication and tax training
New product & system review for tax compliance

Others:

Provide tax support to the finance reporting team during tax audit
Responsible for the tax input in Budget and budgeting process for the Bank
Responsible for Encompass for Bank and monthly Tax information Pack for the Group
Manage the Bank compliance with FATCA, AEOI,CRS etc
Manage the bank tax SOP and attestation to the group

Preferred Qualifications and Experience
Qualifications:

First Degree in Finance and Accounting
Post Graduate Diploma in Finance and Accounting

Experience:

FinanceInternational Financial Reporting Standard
5-7 Years exoperience in Finance & tax position

Knowledge/Technical Skills/Expertise
Financial and Accounting Control:

Ability to design control measures and checks in accounting and financial processing activities to mitigate risks of errors, omissions and fraud.

Preparing Financial Statements:

The ability to prepare statutory or official financial statements in line with internationally accepted accounting practices and local regulatory requirement

Financial Accounting:

Knowledge of financial accounting principles, classifying, measuring and recording transactions using the financial systems of the Bank.

Financial Acumen:

Knowledge and understanding of costing, budgeting and finance concepts and the understanding and application of related processes and procedures.

Sorry the application deadline for this job has elapsed

Disclaimer: Though we make every effort to verify the authenticity of our posts, We're in no way affiliated to any of these companies whose vacancies we publish.
Note : Do not pay any fees to Employers for recruitment. To report and to view a list of fake recruiters in Nigeria, . Click Here

Tax Manager - Bank at Stanbic IBTC Bank

SIMILAR JOBS

MOST RECENT JOBS

GET FREE JOB ALERTS

POPULAR JOBS

Employment Nigeria

Job Seekers

Employers

Contact