Manager, Taxation at Stanbic IBTC Bank

Posted on Tue 04th Feb, 2014 - www.hotnigerianjobs.com --- (0 comments)

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 financial system for 150 years, and now spans 16 countries across the African continent.

Group Finance is a corporate function that serves the overall Standard Bank group across a variety of accounting disciplines – internal and external reporting, budgeting and planning, tax, technical accounting and investor relations. It also runs the bank’s capital management and regulatory reporting teams and the financial shared services processing centre. Group Finance has its own, dedicated SAP technical support and development team and a new financial systems and process improvement programme team known as Refine.

We are recruiting to fill the above position of:

Job Title: Manager, Taxation


Job ID: 12550
Location: Nigeria

Position Description

Management and control of the banks taxation affairs

Key result areas:

Taxation
  • Manage compliance with tax law in Stanbic IBTC Group and all tax aspects including, corporate tax transfer pricing, withholding taxes, indirect taxes, PAYE and tax planning.
  • Monitor tax compliance within the Group.
  • Identification and evaluation of taxation risks within the Group.
  • Implementation of systems and processes to monitor and mitigate identified taxation risks.
  • Preparation of monthly and annual taxation computations and returns.
  • New and existing product evaluation to determine taxation impact.
  • Custodian of Group transfer pricing policy, responsible for ensuring that policy is up to date and appropriate agreements and approvals are in place to ensure compliance
  • Optimisation of Group taxation expense, by identifying areas of tax Savings
  • Manage the relationship and participate in selection of external taxation consultants
  • Analysing DTA’s with the aim of effectively using them on cross- border transactions
  • Improve taxation knowledge within the Group through communication and tax training where appropriate. Copied from: www.hotnigerianjobs.com
Required Skills and Qualifications
Qualifications
  • B.Sc (Accounting/Finance)
  • ICAN or CIMA
  • Postgraduate diploma or certificate in taxation (an advantage)
Experience
  • Minimum of 6 years experience in financial management position
  • Knowledge of Nigerian Banking regulations.
  • Understanding of South African Banking regulations will be an added advantage.
  • Deep understanding and knowledge of Nigerian State and federal taxation requirements
  • Understanding of IFRS
  • Ability to review, analyse and implement taxation control processes
  • Working knowledge of accounting software. (Knowledge of SAP or Equinox will be an added advantage.)
Required Competencies
  • An appreciation and a good understanding of macro economics and external factors affecting the business strategies adopted, and market serviced by SIBTC
  • Ability to analyse and evaluate data for acceptability and correctness
  • Analytical mind with strong orientation to financial analysis
  • Ability and experience in communicating with all levels of management regarding management information needs
  • Good inter personal skills required in liaising with people at different levels within and outside the bank.
  • Strong report writing skills.
  • Dynamic self- starter with a personal ambition to succeed
  • Ability to work under pressure to meet tight deadlines.
  • A person of high integrity.
  • Excellent computer skills particularly in MS Word, MS Excel and MS Access, Power Point. Copied from: www.hotnigerianjobs.com
Application Closing Date
17th February, 2014

Method of Application

Interested and qualified candidates should
Click here to apply online