Tax Manager Vacancy at BAT
Job title: Tax Manager
Location: Lagos
Job purpose and key deliverables Job Purpose
- To manage BATN group tax affairs across the country
- To optimise the BATN group tax opportunities including strategies for business growth and expansion while ensuring compliance with tax regulations to prevent risks of default.
Key Accountabilities
Business results
- Submission of Tax budgets for company plan and business reviews.
- Tax disclosures in Financial Statements and Group reporting.
- Review of all BATN group projects and contracts for compliance with all tax rules and regulations.
- Tax parameters for company payroll and review of payroll tax reports to ensure accuracy.
- Monthly tax statistics (contribution to government revenue) for social reports to stakeholders.
- Prepare and file all monthly and annual tax liabilities of BATN group to 36 States and the federal tax authorities.
- Keep abreast of changes in all aspects of the laws and regulation of taxes in Nigeria, as it affects the business
- Responsible for the management of tax records of BATN group.
- Responsible for advising, setting and implementing tax strategies across the business and ensuring optimal capital efficiency.
- Ensure BATN group employees’ awareness of tax laws and regulatory changes as it affects their respective functions to ensure accuracy of tax accounting
- Ensure timely payment of all taxes to the appropriate Tax Authorities to avoid sanctions.
- Obtain high value tax related services at competitive fees from external Consultants.
- Respond to enquiries across BAT group as it affects Nigerian taxation.
- Ensure timeliness and accuracy of tax reporting, including internal forecast updates, Group reporting requirements, and annual budgeting exercises.
- Ensure efficient reporting of fixed assets to optimise tax benefits
- Minimise the present value of all tax payments without exposing the company to risks.
- Ensure prompt resolution of queries and matters arising from the reviews and queries of Nigerian tax agencies.
- Provide substantive defence for BATN group in investigation and tax audit instances.
- Actively build the company’s reputation and relationship with the Tax Authorities to reduce friction.
- Communicate developments and changes in tax rules to all employees to manage expectations.
- Manage the withholding and Value Added tax affairs with all suppliers as they affect our contractual obligations.
- Ensure maximum value obtained from good working relationships with PwC and other external advisors and supporters.
- Identify tax-planning opportunities and appropriately develop and implement the operating strategies to expand the business.
- Obtain early return on investment by accelerating capital expenditure claims of the companies.
- Efficiently manage the effective tax rate of BATN group.
2. People Results
- Work with internal and external stakeholders to manage BAT’s reputation
- Engage in cross-functional projects and activities to provide tax insights to other functions of the company
- Develop and manage individual relationships with the Finance Leadership Team (FLT)
- Provide coaching to colleagues within and outside the team to aid their development on tax matters
- Develop relationships with individuals and teams to reinforce credibility in communication received and conveyed
- Become the recognised point of contact for tax purposes by providing support to other functions.
- Build and maintain trust of subordinates to serve as a conduit for bottom-up communication and feedback to management
Relationships :
Internal
- Internal Finance Director & unit Managers
- Human Resources department Marketing department
- Legal department
- Payroll management
- Project Managers across BATN group
- Entire staff of BATN group on Personal Income Tax matters.
External
- FIRS Chairman and Directors
- State Tax authorities Chief Executives and Chairmen
- Tax Investigators and Tax Auditors from all the states and Federal authorities
- Company suppliers and service providers
- External tax Consultants
- Industrial Training Fund authority
- Social Insurance Trust Fund authority
- Company Bankers on tax remittances and documentation
Essential requirements Knowledge, Skills & Experience
- Over 5 years experience as a tax specialist, preferably from a major accounting firm.
- Knowledgeable on the local tax dynamics and understands the implications on company business objectives.
- Innovative and influencing skills
- Ability to translate and align taxation activities to the company vision
- Fluency in English Language
- Understands the company business environment and risks
- Chartered Tax Practitioner
Desirable requirements
The following requirements are also of importance
- Chartered Accountant
- Good communication and presentation skills
- Good peoples leadership skills
- Good coaching skills
- Good interpersonal skills
- Good computer skills in Excel, Word and PowerPoint
Tax Manager Vacancy at BAT
Job title: Tax Manager
Location: Lagos
Job purpose and key deliverables Job Purpose
- To manage BATN group tax affairs across the country
- To optimise the BATN group tax opportunities including strategies for business growth and expansion while ensuring compliance with tax regulations to prevent risks of default.
Key Accountabilities
Business results
- Submission of Tax budgets for company plan and business reviews.
- Tax disclosures in Financial Statements and Group reporting.
- Review of all BATN group projects and contracts for compliance with all tax rules and regulations.
- Tax parameters for company payroll and review of payroll tax reports to ensure accuracy.
- Monthly tax statistics (contribution to government revenue) for social reports to stakeholders.
- Prepare and file all monthly and annual tax liabilities of BATN group to 36 States and the federal tax authorities.
- Keep abreast of changes in all aspects of the laws and regulation of taxes in Nigeria, as it affects the business
- Responsible for the management of tax records of BATN group.
- Responsible for advising, setting and implementing tax strategies across the business and ensuring optimal capital efficiency.
- Ensure BATN group employees’ awareness of tax laws and regulatory changes as it affects their respective functions to ensure accuracy of tax accounting
- Ensure timely payment of all taxes to the appropriate Tax Authorities to avoid sanctions.
- Obtain high value tax related services at competitive fees from external Consultants.
- Respond to enquiries across BAT group as it affects Nigerian taxation.
- Ensure timeliness and accuracy of tax reporting, including internal forecast updates, Group reporting requirements, and annual budgeting exercises.
- Ensure efficient reporting of fixed assets to optimise tax benefits
- Minimise the present value of all tax payments without exposing the company to risks.
- Ensure prompt resolution of queries and matters arising from the reviews and queries of Nigerian tax agencies.
- Provide substantive defence for BATN group in investigation and tax audit instances.
- Actively build the company’s reputation and relationship with the Tax Authorities to reduce friction.
- Communicate developments and changes in tax rules to all employees to manage expectations.
- Manage the withholding and Value Added tax affairs with all suppliers as they affect our contractual obligations.
- Ensure maximum value obtained from good working relationships with PwC and other external advisors and supporters.
- Identify tax-planning opportunities and appropriately develop and implement the operating strategies to expand the business.
- Obtain early return on investment by accelerating capital expenditure claims of the companies.
- Efficiently manage the effective tax rate of BATN group.
2. People Results
- Work with internal and external stakeholders to manage BAT’s reputation
- Engage in cross-functional projects and activities to provide tax insights to other functions of the company
- Develop and manage individual relationships with the Finance Leadership Team (FLT)
- Provide coaching to colleagues within and outside the team to aid their development on tax matters
- Develop relationships with individuals and teams to reinforce credibility in communication received and conveyed
- Become the recognised point of contact for tax purposes by providing support to other functions.
- Build and maintain trust of subordinates to serve as a conduit for bottom-up communication and feedback to management
Relationships :
Internal
- Internal Finance Director & unit Managers
- Human Resources department Marketing department
- Legal department
- Payroll management
- Project Managers across BATN group
- Entire staff of BATN group on Personal Income Tax matters.
External
- FIRS Chairman and Directors
- State Tax authorities Chief Executives and Chairmen
- Tax Investigators and Tax Auditors from all the states and Federal authorities
- Company suppliers and service providers
- External tax Consultants
- Industrial Training Fund authority
- Social Insurance Trust Fund authority
- Company Bankers on tax remittances and documentation
Essential requirements Knowledge, Skills & Experience
- Over 5 years experience as a tax specialist, preferably from a major accounting firm.
- Knowledgeable on the local tax dynamics and understands the implications on company business objectives.
- Innovative and influencing skills
- Ability to translate and align taxation activities to the company vision
- Fluency in English Language
- Understands the company business environment and risks
- Chartered Tax Practitioner
Desirable requirements
The following requirements are also of importance
- Chartered Accountant
- Good communication and presentation skills
- Good peoples leadership skills
- Good coaching skills
- Good interpersonal skills
- Good computer skills in Excel, Word and PowerPoint
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