Senior Manager, Tax & Treasury at Smile Communications Nigeria Limited

Smile Communications provides 4G LTE mobile broadband in several countries in Africa. Our objective is to become the broadband provider of choice for Superfast mobile broadband internet and Super Clear voice services in each of our markets and to provide over 300 million potential customers in our countries of operation with a fast, reliable and high-quality broadband internet to accelerate development and wealth creation.

Our mission is a fully connected Africa enabled by a team that is driven by passion, integrity, humility and humanity. Smile is a diverse, equal opportunities organisation and is committed to developing talent in the telecommunications industry in all of the countries it operates in. In addition to considering your skills and competencies, your fit with our culture and values is important.

We are recruiting to fill the position below:

Job Title: Senior Manager, Tax & Treasury

Location: Lagos
Job Type: Full-time

Role Description

• To assess, monitor, plan and manage the efficient utilization of cash and financial services in a manner consistent with the objectives of the Company.
• Understand, manage, and supervise all aspects of cash flow.
• Forecast daily cash requirements and execute daily financing decisions.
• Manage longterm and shortterm investment strategies.
• Determine the Company’s goals and risk tolerance and undertake risk management activities to protect the Company’s financial wellbeing;
• Determine the Company’s tax position and the applicability of taxable/nontaxable instruments.
• Assess performance benchmarks and recommend changes when warranted.
• Review and recommend changes to the investment policies based on the market conditions.
• Maintain a system of policies and procedures that impose an adequate level of control over treasury activities.
• Prepare or monitor company’s various cash flow forecasts and perform financial modelling.
• Evaluate, develop and implement cash management systems to optimize efficiencies.
• Understand and manage appropriate accounting procedures and processes.
• Manage relationships with financial service providers and maintain positive working relationships;
• Monitor bank service fees and address quality issues.
• Conduct benchmark studies of banks and their services to evaluate whether it fits Smile’s requirements and keep up to date with financial and industry developments;
• Meet with cash management banks to plan cash management vs. Smile’s needs.
• Evaluate alternative longterm borrowing strategies and make recommendations in accordance with the capital structure guidelines.
• Recommend, implement and maintain process improvements.
• Evaluating the financial impact of new business ventures;
• Negotiating loan and overdraft terms with Company bankers;
• Providing advice on financial matters impacting the Company as a whole;
• Deliver a full range of tax services in compliance with laws and regulations within timeframe
• Build relationships and interact with clients to provide excellent planning, consulting and expertise
• Preparations of monthly VAT, income tax, withholding tax and review complex tax returns
• Identify tax and business risks and mitigate these timely
• Manage and coordinate tax audits and determine the Company’s tax position and the applicability of taxable/nontaxable instruments
• Managing and supervising all aspects of cash flow, including optimizing all working capital and commercial cash flow.
• Manage day to day treasury operations for OpCo
• Manage the OpCo bank accounts, cash management and short term investments
• Develop and implement treasury systems project including reporting metrics and processes
• Develop and maintain policies and procedures within the department
• Evaluate, develop and implement cash management systems to optimize efficiencies
• Manage relationships with financial service providers and monitor bank service fees on all transactions.
• Review daily bank reconciliation against bank statement and general ledger

Essential Skills

• Extensive experience in preparing cash forecasts and cash flow analyses.
• Experience in building complex financial models to evaluate various financial plans.
• Experience in presenting and preparing proposals to recommend new products/services.
• Knowledge of investment portfolio strategy, banking, and financial instruments

Personal Qualities & Behavioural Traits:

• Advanced spreadsheet and modeling skills. 
• Advanced analytical, organization, and interpersonal skills
• Excellent collaboration, verbal and written communication skills.
• Able to break down problems into meaningful parts and come to rational and wellthought out conclusions.
• Attention to detail and accuracy.
• Interested in process improvement.
• Willing to adapt quickly to quick changes in direction.
• Internally motivated to seek out answers, generate ideas, and develop new skills

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online