Payroll/Tax Accountant at Alfred & Victoria Associates

Alfred & Victoria Associates is one of Nigeria’s leading ICT solution based company. Our company offers a wide range of services which are in high demand of today’s emerging market. AVA has three major arms which have been streamlined to meet our customer's needs.

We are recruiting to fill the position below:

Job Title: Payroll/Tax Accountant

Location: Lagos

Position Description

• The Payroll /Tax Accountant reports to the Financial Controller and is primarily responsible for providing and ensuring the accuracy of payroll reports and time sheets.

Key Roles & Responsibilities

• Coordinate monthly Payroll activities.
• Ensure Payroll is run in compliance with company policy, accounting standards, legal and SOX requirements.
• Manage Payroll interfaces with HR, Treasury and Banks, Governmental Agencies (Tax.
• Authorities, Pension Fund Administrators, and Insurance, Industrial Training Fund etc.).
• Manage 3rd party payments (NDDC, NCD, DPR and other regulatory Agencies).
• Manage Employee Contributory/Voluntary Pension Scheme and Gratuity Scheme
• Manage employee tax payment (PAYE), tax returns and tax relief claims.
• Process and report ex-staff final payment/indebtedness.
• Manage employees expense claim, floats and deductions
• Manage control issues and resolves escalations.
• Monitor system performance as business requirements, identify system deficiencies, prepare
• Feasibility analysis and liaise with Business Unit heads to implement required system enhancements.
• Support Payroll System Assurance process (DR testing, Backup Restore).
• Manage Payroll accounting in the Accounting system.
• Develop and implement effective and robust internal control systems around payroll and taxes and liaise with the internal audit department for implementation.
• Ensure proper accounting treatment of all pay elements.
• Ensure company policies and salary regime are correctly implemented.
• Provide timely, reliable and fit for purpose payroll management information.
• Ensure compliance with JOA, and all related agreements, government and third party regulations.
• Manage information security in payroll processes.
• Compute Petroleum profits tax, CIT, Deferred taxes and all other government taxes.
• Perform year-end accrual review and prepare the tax provision.
• Prepare PPT and EPPT returns.
• Prepare/Review other various tax filings: Annual reports
• Assist in federal and state tax audits.
• Manage, account and make timely returns of all transaction taxes
• Develop and monitor processes and procedures for the management of fixed assets.
• Record fixed asset acquisitions and disposals in the accounting system in line with accounting standards
• Ensure that fixed assets in AFE costs in CIP /WIP are adequately tracked and recorded and such fixed assets are transferred to the appropriate asset category and closed out those accounts once the related projects have been completed.
• Conduct periodic reviews of the fixed asset schedule to determine disposals. Reconcile fixed assets count with book values
• Reconcile the balance in the fixed asset subsidiary ledger to the general ledger.
• Run depreciation for all fixed assets.
• Prepare audit schedules relating to fixed assets and assist the auditors in their inquiries.
• Collaborate with team members to monitor asset disposals and movements.

Qualifications Required

• University degree in accounting (second class division). Distinction in HND may be considered.
• Professional qualification (ACCA/ ICAN) is an added advantage
• Professional qualification CITN would be an added advantage.

Job Knowledge and Experience:

• Finance professional with broad experience in Finance, with at least 5 years in a similar position
• Good (multidisciplinary) team and networking skills.
• Must be PC versatile and can pay attention to details.
• Must be up-date with company and fiscal policies on staff remuneration.
• Results & deadlines focused.
• Knowledge of Financial Controls.
• Strong on controls; strong team player.
• Ability to Influence staff and peers to deliver targets within deadlines.
• Ability to manage diverse set of priorities and deliverables.

Dimensions:

• Key Job Challenges
• Key Interfaces
  • FIRS, State Internal Revenue Boards/PF Administrators.
  • Internal/External Auditors
  • Financial Controller/JV Finance Analyst/JV Audit Liaison.

KPI's:

• Accuracy and timeliness of monthly payroll
• Accuracy of tax charge
• Promptness of tax returns/response to tax queries
• Tax audit findings
• Timely reconciliation of payroll accounts
• Timeliness of PAYE Remittance
• 100% confidentiality of staff information.

Skills & Competencies:

• Leadership – Awareness
• Personal and Business – Awareness/ Knowledge
• Functional Finance Leadership – Knowledge
• Financial Risk Management – Knowledge
• Governance, Risk Management and Internal Controls – Knowledge
• Accounting Operations – Awareness
• Treasury Operations – Awareness
• Management Information (MI) and Decision Support – Skill.

Salary
Very Attractive.

Application Closing Date
3pm; 10th August, 2018.

How to Apply
Interested and qualified candidates should send their Applications and CV's to: recruitment@alfred-victoria.com

Note: Any application received after the Date & Time will be automatically rejected.