Senior Tax Specialist Job at PalmPay

PalmPay is an Africa-focused fintech firm, launched in 2019. PalmPay is a mobile payments platform that offers a number of financial services.

We are recruiting to fill the position below:

Job Position: Senior Tax Specialist

Job Location: Ikeja, Lagos

Job Purpose

• The Tax Specialist is responsible for managing tax reporting, compliance with laws and regulations, ensure tax returns are completed and accurate, and filing within timeframe to legally minimize tax obligations.
• Innovative tax management, planning and research are key to this role.
• The position will supervise all tax audits and manage relationship tax authorities and consultants.

Roles and Responsibilities

• Prepare and review tax calculations and estimates such as monthly WHT, VAT, and PAYE, current and deferred tax; secure approval for payment.
• Review and reconcile general ledger entries for tax implications; provide corrective and improvement measures accordingly.
• Ensure compliance, timely filing and remittance of all taxes and levies (such as Expatriate PAYE, VAT, WHT, CIT, ET, business premises levy, development levy, etc.) within government time frame.
• Ensure timely collection of all tax remittance receipts, documents and certificates, such TCC, credit notes, revenue receipt, etc. for all entities.
• Be abreast with all tax regulations and new promulgations / enactments and advise finance management accordingly.
• Play advisory role and support all the BUs on tax matters as may be required.
• Identify and implement processes improvements in the company’s tax affairs; establish work flow procedures and policies and develop Standard Operating Procedure (SOP) for all processes within the job role.
• Manage relationship with tax authorities and consultants and supervise all tax audits. Provide comprehensive report on every tax audit exercise and give regular status update on tax cases, remittances, levies, fees, payments to agents and consultants.
• Provide innovative tax management, planning, and tax-savings strategies, backed with statistical data and/or analysis.
• Perform any other role(s) that may be assigned from time to time.
• Tax planning for whole group.

Experience and Qualifications

• Bachelor's Degree / HND in Accounting, Finance, or relevant field.
• Minimum of 4 years of proven professional tax practise experience.
• Relevant professional certifications such as ACA, ACCA, ACTI.
• Big Four accounting firm experience/Fintech firm experience/Group tax planning experience.

Competencies and Attributes:

• Attention to Detail - being careful about detail and thorough in completing work tasks.
• Strong analytical / problem solving skill.
• Efficient and able to meet set targets.
• Ability to handle multiple tasks and set priorities.
• Should be goal oriented.
• Exceptional organizational, prioritization, decision-making, and planning skills.
• Effective communication and interpersonal skill.
• Being ethical and ready to challenge the status quo.
• Must have strong mathematical and Microsoft office (excel, MS-word, PowerPoint) skills.
• Must have good presentation skill.
• Working knowledge of ERP systems.