Job Description
The Tax Manager oversees the strategic administration of the Bank’s tax obligations for RMB Nigeria, its subsidiaries, and affiliated entities. This position guarantees adherence to Nigerian tax regulations and statutory obligations, enhances the Bank’s tax efficiency, and identifies and mitigates potential tax risks. Additionally, the Tax Manager acts as the key liaison with tax authorities and external tax consultants.
Oversee daily operations to ensure efficient workflow and adherence to company policies; manage a team of professionals by assigning tasks, providing guidance, and evaluating performance; develop and implement strategies to enhance productivity and meet organizational objectives; collaborate with cross-functional departments to streamline processes and resolve operational challenges; monitor key performance indicators to assess progress and identify areas for improvement; prepare and present reports on team performance, project status, and budget tracking; foster a positive work environment that encourages innovation, teamwork, and professional growth; ensure compliance with industry regulations and internal standards; act as a liaison between senior management and staff to facilitate clear communication and alignment with company goals.
The ideal candidate will undertake the following duties and responsibilities:
Oversee tax compliance and reporting obligations with precision, ensuring adherence to regulatory standards and accurate submission of all required documentation. Develop and implement tax strategies that optimize organizational efficiency while mitigating financial risks. Analyze complex tax regulations to identify compliance gaps and recommend corrective actions. Prepare and file federal, state, and local tax returns, including income, sales, payroll, and property tax filings. Collaborate with cross-functional teams to gather necessary financial data and support audit processes. Maintain meticulous records of tax transactions and filings for future reference and regulatory review. Stay updated on evolving tax laws and industry best practices to ensure ongoing compliance and strategic tax planning.
Prepare and submit all statutory tax filings and payments punctually, including Corporate Income Tax (CIT), Value-Added Tax (VAT), Withholding Tax (WHT), Stamp Duties, Capital Gains Tax (CGT), and other relevant obligations.
Compile and validate annual tax computations and statutory filings to ensure compliance with regulatory standards.
Responsible for directing tax accounting processes, preparing provisions, and ensuring disclosures comply with International Financial Reporting Standards (IFRS).
Ensure adherence to the provisions of the Bank and Other Financial Institutions Act (SOFIA), Central Bank of Nigeria (CBN) regulations, and applicable industry frameworks.
The governance framework for Transfer Pricing ensures compliance with regulatory standards and internal policies, facilitating accurate and consistent pricing between affiliated entities. This role necessitates expertise in international tax regulations, meticulous documentation, and strategic alignment with global business operations. Responsibilities include conducting thorough benchmarking analyses, preparing comprehensive transfer pricing documentation, and ensuring adherence to OECD guidelines and local tax laws. Additionally, the position requires collaboration with cross-functional teams to optimize tax efficiency while mitigating risks associated with transfer pricing audits and disputes.
Ensure the accurate implementation of transfer pricing methodologies to maintain compliance and optimize financial outcomes.
Oversee the development and timely filing of Transfer Pricing Local and Master Files documentation.
Serve as the primary liaison for transfer pricing audits and reviews.
Conduct a thorough examination of intercompany agreements to verify adherence to arm’s length principles.
Experts in tax planning and advisory provide strategic guidance to optimize clients’ tax positions, ensuring compliance with ever-changing regulations while identifying opportunities for savings. This involves a deep understanding of tax laws, meticulous analysis of financial data, and proactive recommendations tailored to individual or business needs. Key responsibilities include preparing and reviewing tax returns, advising on deductions and credits, and assisting with audits or disputes. Professionals in this field must possess strong analytical skills, attention to detail, and the ability to communicate complex tax concepts clearly to clients. Relevant experience in accounting, finance, or tax advisory, along with certifications such as CPA or EA, is typically required.
Evaluate potential tax planning strategies to enhance the overall tax efficiency and minimize the effective tax rate.
Offer expert guidance on various products, transactions, and strategic business initiatives.
Track updates and developments in tax legislation to ensure ongoing compliance and accurate reporting.
Provide strategic guidance to management regarding potential tax risks and recommend effective mitigation strategies.
Tax audits and regulatory liaison involve managing interactions with tax authorities and ensuring adherence to regulatory requirements. This role requires comprehensive knowledge of tax laws and regulations, strong communication skills, and meticulous attention to detail. Responsibilities include representing the organization during audits, negotiating settlements, and maintaining compliance with all applicable tax statutes. Additionally, the position demands the ability to interpret complex regulations, prepare documentation, and collaborate effectively with internal teams to address any compliance issues promptly.
Direct and oversee tax audit and inquiry processes.
Serve as the primary point of contact and establish effective communication channels with regulatory bodies and external consultants.
Handle and address regulatory inquiries in a timely and organized manner.
Oversee the resolution of tax disputes and ensure accurate reconciliation of tax accounts.
Ensures the establishment and maintenance of robust internal controls and governance frameworks to safeguard organizational integrity, compliance, and operational efficiency. Develops, implements, and monitors policies, procedures, and systems that mitigate risks, enhance transparency, and align with regulatory requirements. Collaborates with leadership to integrate governance best practices, fostering a culture of accountability and ethical conduct across all business functions. Conducts regular audits, assessments, and reviews to identify control gaps, recommend corrective actions, and drive continuous improvement in governance structures.
Ensure rigorous adherence to tax regulations and maintain robust internal controls to uphold compliance standards.
Provide precise tax data to facilitate audit procedures.
Maintain accurate tax documentation and establish robust audit trails to ensure compliance and transparency.
Assess potential tax-related risks and promptly communicate any findings to relevant stakeholders.
We are seeking a skilled professional to oversee stakeholder and team management responsibilities. This role involves cultivating strong relationships with key stakeholders, ensuring their needs are met, and aligning their objectives with organizational goals. Additionally, the position requires fostering collaboration, resolving conflicts, and driving team performance to achieve project success. Strong communication, interpersonal skills, and the ability to influence without authority are essential for this role.
Work collaboratively with various business units to align projects and initiatives with organizational objectives.
Develop and maintain productive partnerships with external consultants and auditing firms, ensuring seamless collaboration and alignment throughout the engagement.
Ensure the prompt and accurate delivery of all tax-related outputs.
We are seeking a candidate with a proven track record in the field, demonstrating both depth and breadth of relevant expertise. The ideal applicant will hold a minimum of five years of hands-on experience in [specific industry/field], along with a bachelor’s degree in [related field] or equivalent professional certification. Strong analytical abilities, exceptional problem-solving skills, and the capacity to thrive in fast-paced environments are essential. Proficiency in [specific tools/software/technologies] is required, and familiarity with [industry-specific standards/regulations] is highly desirable. Additionally, the role demands outstanding communication skills to convey complex ideas effectively to diverse stakeholders.
Seeking candidates with a minimum of a bachelor’s degree in a relevant field, complemented by professional certifications that enhance expertise. Ideal applicants will possess a strong academic foundation, supported by specialized training or credentials that demonstrate commitment to continuous professional development.
A bachelor’s degree in Accounting, Finance, Economics, or a closely related discipline is required.
A recognized professional certification, such as ICAN, ARCA, CITY, or an equivalent qualification, is required.
A master’s degree is considered a favorable qualification.
Experience
7–10 years of hands-on tax experience, including significant managerial oversight.
Financial services or banking experience is strongly preferred.
Proven track record in managing interactions and communications with tax authorities.
General Competencies
Demonstrates comprehensive expertise in Nigerian tax legislation and regulatory frameworks.
Proficiency in International Financial Reporting Standards (IFRS) and tax accounting principles is required.
Proficiency in utilizing electronic tax filing systems, such as Tax Pro Max, is required.
Demonstrates exceptional proficiency in analytical reasoning and the ability to convey insights clearly and effectively.
Proven expertise in identifying critical skills and proficiencies essential for delivering results in this role. Demonstrates strong analytical abilities to assess and prioritize job requirements effectively. Ensures alignment between candidate qualifications and organizational objectives. Serves as a foundation for evaluating performance and guiding professional development. Supports strategic hiring decisions by providing clear benchmarks for success. Facilitates talent acquisition by highlighting necessary competencies for various positions. Enhances employee productivity through targeted skill development initiatives.
Ensuring adherence to regulatory standards and effectively managing organizational risks are critical responsibilities within this role. The position demands a thorough understanding of applicable laws, regulations, and industry best practices to mitigate potential liabilities and safeguard operations. Strong analytical skills and meticulous attention to detail are essential for identifying, assessing, and addressing compliance gaps and risk exposures. Additionally, the role requires proactive collaboration with cross-functional teams to implement robust controls, maintain documentation, and foster a culture of compliance across the organization.
We seek a candidate with a strong aptitude for strategic thinking, capable of analyzing complex business challenges and devising innovative solutions to drive long-term growth. The ideal individual will evaluate market trends, assess competitive landscapes, and align organizational objectives with actionable strategies to enhance operational efficiency and profitability. They must demonstrate exceptional problem-solving skills, the ability to anticipate future challenges, and a proactive approach to decision-making. Experience in cross-functional collaboration and a track record of implementing strategic initiatives are essential for success in this role.
Skilled professionals adept at nurturing and maintaining relationships with stakeholders are responsible for aligning expectations, ensuring clear communication, and addressing concerns to foster collaboration and mutual success. This role requires strong interpersonal skills, the ability to influence without authority, and a deep understanding of diverse stakeholder needs and priorities. Key tasks include facilitating productive discussions, resolving conflicts, and providing timely updates to ensure alignment with organizational objectives. A proactive approach to identifying and mitigating risks is essential, as is the capacity to balance competing interests while maintaining transparency and trust.
Demonstrates the ability to guide and motivate teams toward achieving organizational objectives while fostering a collaborative and high-performance culture. Responsible for delegating tasks effectively, mentoring employees, and resolving conflicts to ensure seamless operations. Requires strong communication skills, emotional intelligence, and a commitment to developing talent within the team. Must lead by example, upholding company values and driving accountability at all levels.
We seek candidates who demonstrate unwavering integrity and a commitment to professionalism in all aspects of their work. Candidates should exhibit a strong ethical foundation, ensuring transparency, accountability, and adherence to high moral standards. The ability to maintain composure, respect confidentiality, and uphold organizational values under all circumstances is essential. Professionalism encompasses a polished demeanor, effective communication, and the capacity to represent the organization with distinction in interactions with colleagues, clients, and stakeholders.
go to method of application
To submit your application, kindly utilize the provided link(s) to access the company’s official website.
Qualifications
BA/BSc/HND , MBA/MSc/MA , Professional Certificate
Experience Required
7 - 10 years
