Access Bank Plc is a financial institution with presence in 9 countries in Africa and the United Kingdom and in all major cities in Nigeria. Also referred to as the Africa's Bank of Best Practice, Access Bank operates on a platform of strong ethics, governance and professionalism.
We are recruiting to fill the position below:
Job Title: Team Lead, Tax Compliance
Location: Lagos
Job Grade: SBO
Reports to: Group Head, Tax Management
Job Overview
- To ensure full compliance with all tax laws and statutory reporting obligations across jurisdictions while leading the coordination and management of tax audits, regulatory reviews, and engagements with tax authorities.
- The role is responsible for maintaining strong tax governance, ensuring accurate tax reporting, and defending the Group’s tax positions during audits and regulatory investigations.
Key Responsibilities
Tax Compliance:
- Ensure all Group entities comply with tax laws and statutory obligations across all jurisdictions where the Group operates.
- Prepare, review, and file statutory returns including:
- Corporate Income Tax returns
- Value Added Tax (VAT) returns
- Withholding Tax returns
- Other statutory filings required by tax authorities.
- Maintain and manage the tax compliance calendar to ensure timely filing of all tax obligations.
- Monitor changes in tax legislation and regulatory requirements and ensure internal compliance processes are updated accordingly.
- Maintain accurate records and documentation supporting tax filings, tax computations and tax payments.
- Ensure all tax filings are accurate, complete and compliant with regulatory requirements.
Tax Audit & Investigation Management:
- Coordinate and manage tax audits, reviews and investigations conducted by tax authorities.
- Act as the primary liaison with tax authorities during audits and regulatory engagements.
- Prepare and review documentation, schedules, and responses required during tax authority audits and information requests.
- Review audit findings and assessments issued by tax authorities and prepare responses, reconciliations and supporting documentation.
- Coordinate with internal stakeholders including Finance, Legal and Business Units to gather required information during audits.
- Manage the resolution of tax assessments, objections and disputes arising from tax audits.
- Support the preparation and submission of tax objections, appeals and settlement negotiations where necessary.
- Maintain a repository of audit documentation, correspondence and regulatory submissions.
- Track audit timelines and ensure all regulatory deadlines and responses are met.
- Provide strategic input to mitigate risks identified during tax audits.
Tax Reporting & Documentation Management:
- Prepare monthly, quarterly and annual tax provisions for Group entities.
- Support tax disclosures required for financial reporting and regulatory filings.
- Maintain detailed tax schedules and working papers supporting tax computations and filings.
- Prepare reconciliations between accounting records and tax computations.
- Maintain adequate documentation supporting tax positions taken by the Group.
- Provide periodic tax reports and updates to Group Tax leadership and senior management.
Tax Risk Monitoring & Advisory:
- Identify potential tax risks and exposures arising from business operations.
- Review tax processes and recommend improvements to strengthen tax governance and compliance controls.
- Provide day-to-day tax compliance advisory to internal stakeholders.
- Support the evaluation of tax implications of new transactions, products and business initiatives.
- Work closely with subsidiaries to resolve tax compliance issues and audit exposures.
- Ensure tax risks identified during audits are properly documented and mitigated.
Academic Qualifications & Experience
- Bachelor’s Degree or its equivalent
- Professional certification – ICAN, ACCA, CITN or equivalent
- 4 – 5 Years experience in Tax Compliance, Audit & Investigation and Transactional Taxes
- Corporate tax within the banking or financial services or consulting, preferably with a multinational or the Big 4 firms is highly desirable.
Skills/Competencies:
- Strong understanding of corporate tax, VAT, withholding tax and regulatory tax frameworks
- Experience in managing tax audits and regulatory engagements
- Strong numerical, analytical and investigative skills
- Excellent documentation, report writing and presentation skills
- High attention to detail
- Strong stakeholder management and negotiation skills
- Ability to work under tight regulatory timelines.
Application Closing Date
Not Specified.
https://www.hotnigerianjobs.com/hotjobs/891134/team-lead-tax-compliance-at-access-bank-plc.html