Tax Officer Job at First Bank of Nigeria

First Bank of Nigeria Limited (FirstBank) is Nigeria's largest financial services institution by total assets and gross earnings. With more than 10 million customer accounts, FirstBank has over 750 branches providing a comprehensive range of retail and corporate financial services. The Bank has international presence through its subsidiaries, FBN Bank (UK) Limited in London and Paris, FBNBank DRC, FBNBank Ghana, FBNBank Gambia, FBNBank Guinea, FBNBank Sierra-Leone and FBNBank Senegal, as well as its Representative Offices in Johannesburg, Beijing and Abu Dhabi.

We are recruiting to fill the position below:

Job Position: Tax Officer
Job Location: Lagos
Employment Type: Full-time

Duties & Responsibilities

• Remittance of monthly withholding tax on contract for the Bank.
• Review of remittance of internally generated taxes (VAT, WHT & PAYE) by branches and head office departments in line with laid down procedures.
• Conduct test for adequacy of taxes deducted on transactions.
• Ensure timely preparation of tax clearance certificate for both staff and the Bank.
• Exposure of the bank to penalty by FIRS for non-rendition or under remittance of taxes.
• Participate in review, computation, filling and remittance of company income tax returns.
• Ensure timely filling of Income Tax Self-Assessment for the Bank.
• Review of response to inquiries on tax matters by various tax authorities and staff.
• Participate in various states’ tax audit and FIRS audit.
• Exposure of the bank to sanctions/penalty for late rendition or payment of incomes taxes.
• Non - compliance with tax returns may lead to image problem.

Job Requirements
Education:

• Minimum Education: B.Tech, ACA
• Proficiency in the use Ms Word & Ms Excel.

Experience:

• Minimum experience: 2 years.

Key Competency Requirements:
Knowledge:

• Professional accounting qualification such as ACCA, ACA, CPA or its equivalent plus at least six years post Qualification years’ experience, with relevant / specific banking experience.
• Broad understanding of banking practice.
• Sound knowledge of Generally Accepted Accounting Principles and IFRS Accounting Policy.

Skill / Competencies:

• Good interpersonal and communication skills.
• An eye for detail and accuracy with a strong analytical capability.
• High level of computer literacy is required.