Assistant Tax Manager
full-time
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.