Financial Accounting & Tax Manager Job at UAC Foods Limited

UAC Foods Limited is a leading manufacturer and Marketer of tasty, nourishing convenience foods. The business is a joint venture between UACN Plc of Nigeria with 51% equity stake and Tiger Brands of South Africa with 49%. We are a quality conscious company and always aim to add value to our consumers with our rich basket of Snacks, Beverage, and Dairies products. Our foremost act of social responsibility is the nutritious, hygienic and safe products that we consistently give to Nigerians.

Staffed with the right people in key Technical, Production, and Customer Service Units coupled with our rich culture of innovation spanning many years, we have remained a dominant player in the food industry. Our company pioneered the Sausage Roll market in 1952 and for over 50 years, Gala has kept Nigerians going in their journey to success.

We are recruiting to fill the position below:

Job Position: Financial Accounting & Tax Manager

Job Location: Lagos, Nigeria
Job type: Full-time
Career level: Mid-Senior level

Role Purpose

• We are seeking a highly skilled and experienced Financial Accounting and Tax Manager to join our team.
• As the Financial Accounting and Tax Manager, you will be responsible for overseeing all aspects of financial accounting and tax compliance within our organization.
• You will play a crucial role in ensuring accurate financial reporting, managing tax obligations, and implementing effective accounting practices.
• The ideal candidate will have a strong background in financial accounting, tax regulations, and managerial skills.

Responsibilities
Financial Accounting:

• Oversee the preparation and analysis of financial statements in accordance with accounting principles and regulatory requirements.
• Coordinate the year-end financial audit process and collaborate with external auditors.
• Ensure accurate and timely recording of financial transactions, including accounts payable, accounts receivable, payroll, and general ledger entries.
• Monitor financial performance indicators, identify trends, and provide recommendations to improve efficiency and profitability.
• Develop and implement internal controls to safeguard company assets and maintain data integrity.

Tax Compliance:

• Manage all aspects of tax compliance, including income tax, sales tax, payroll tax, and other applicable taxes.
• Conduct tax research and planning to optimize tax strategies and identify potential tax savings opportunities.
• Stay updated on relevant tax laws, regulations, and changes to ensure compliance and minimize tax liabilities.
• Prepare and file tax returns accurately and within deadlines.
• Respond to tax notices, inquiries, and audits from tax authorities.

Financial Reporting and Analysis:

• Prepare monthly, quarterly, and annual financial reports, including profit and loss statements, balance sheets, and cash flow statements.
• Monitor key financial metrics and variances, identify trends, and recommend actions to achieve financial goals.
• Analyze financial data and provide insights to senior management for decision-making purposes.
• Prepare financial forecasts and budgets in collaboration with other departments.

Team Management:

• Supervise and mentor a team of financial accounting and tax professionals, providing guidance and support.
• Delegate tasks effectively, set clear performance expectations, and conduct regular performance evaluations.
• Foster a collaborative and positive work environment, promoting professional development and knowledge sharing.

Compliance and Documentation:

• Ensure compliance with accounting principles, regulatory requirements, and internal policies.
• Develop and maintain accounting and tax procedures manuals.
• Update and implement accounting policies in line with changing regulations and best practices.
• Assist with special projects and initiatives as assigned.

Qualifications

• Bachelor's Degree in Accounting, Finance, or a related field. A Master's degree and/or CPA designation is highly preferred.
• Must have 4 - 6 years of experience working in a reputable manufacturing company.
• Proven work experience as a Financial Accounting and Tax Manager or similar role.
• Professional Accreditation: ACA/CPA/ACCA/ACMA
• Strong knowledge of accounting principles, tax regulations, and financial reporting standards (GAAP).
• Proficiency in using financial software and advanced knowledge of Microsoft Excel.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong attention to detail and accuracy.
• In-depth understanding of tax laws, regulations, and compliance requirements.
• Experience with financial analysis, budgeting, and forecasting.
• Ability to manage multiple priorities and meet tight deadlines.
• Exceptional communication and leadership skills