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 legislation and regulatory standards, enhances the Bank’s tax efficiency, and mitigates tax-related risks while acting as the key liaison with tax authorities and external consultants.
Oversee and manage daily operations to ensure efficient workflow, maintaining high productivity and quality standards. Implement and enforce company policies and procedures to uphold compliance and safety regulations. Collaborate with cross-functional teams to coordinate projects, resolve issues, and achieve organizational goals. Monitor team performance, provide constructive feedback, and foster professional development through coaching and training initiatives. Develop strategic plans to optimize processes, reduce costs, and enhance operational effectiveness. Ensure timely completion of deliverables while adhering to budget constraints and project timelines.
The ideal candidate will undertake the following duties and responsibilities:
Ensures adherence to tax regulations and fulfills reporting obligations with precision and timeliness. Manages the preparation and submission of tax filings, including income, sales, payroll, and other applicable taxes, while maintaining compliance with federal, state, and local tax laws. Conducts thorough reviews of financial records to identify potential tax savings opportunities and mitigate risks associated with non-compliance. Collaborates with cross-functional teams to gather necessary documentation and data for accurate tax reporting. Stays updated on evolving tax legislation and industry best practices to implement necessary adjustments to policies and procedures.
Oversee the prompt preparation, filing, and payment of all statutory tax obligations, including Corporate Income Tax (CIT), Value-Added Tax (VAT), Withholding Tax (WHT), Stamp Duties, Capital Gains Tax (CGT), and other relevant levies.
Compile and validate annual tax computations and statutory filings to ensure accuracy and compliance with regulatory standards.
Responsible for managing tax accounting activities, preparing provisions, and ensuring compliance with IFRS for disclosures, maintaining accuracy and adherence to regulatory standards.
Ensure adherence to the provisions of the Bank and Other Financial Institutions Act (SOFIA), Central Bank of Nigeria (CBN) directives, and applicable regulatory frameworks.
Oversee the development and enforcement of policies and procedures to ensure compliance with transfer pricing regulations and mitigate risks associated with intercompany transactions. Establish robust governance frameworks to monitor adherence to transfer pricing methodologies, documentation standards, and regulatory requirements across global operations. Lead cross-functional teams to conduct thorough reviews of intercompany agreements, pricing structures, and financial transactions, ensuring alignment with arm’s length principles and local tax laws. Collaborate with tax, finance, and legal departments to address transfer pricing audits, disputes, and controversies effectively. Monitor evolving regulatory changes and industry best practices to proactively adapt governance strategies and maintain organizational resilience.
Verify the accurate implementation of transfer pricing methodologies in accordance with regulatory requirements.
Oversee the development and timely filing of Transfer Pricing Local and Master Files, ensuring compliance with regulatory requirements and internal policies.
Serve as the main liaison for transfer pricing audits and examinations.
Review intercompany agreements thoroughly to ensure adherence to arm’s length principles and regulatory compliance.
Tax planning and advisory professionals provide strategic guidance to clients on minimizing tax liabilities while ensuring full compliance with regulatory requirements. They analyze financial data, identify tax-saving opportunities, and develop tailored strategies to optimize tax positions for individuals and businesses. Additionally, they assist with tax filings, represent clients in dealings with tax authorities, and stay updated on evolving tax laws and regulations to offer informed advice. Strong analytical skills, attention to detail, and proficiency in tax software are essential, along with excellent communication abilities to explain complex tax concepts clearly to clients.
To assess potential tax planning strategies aimed at enhancing the organization’s effective tax rate, ensuring compliance with all relevant regulations while maximizing financial efficiency.
Deliver expert guidance on product strategies, transactional processes, and business development initiatives.
You will be responsible for staying abreast of updates in tax legislation to ensure compliance and strategic alignment.
Provide strategic guidance to leadership regarding tax-related risks and recommend effective mitigation measures.
Conducts tax audits with precision and maintains proactive regulatory liaison to ensure compliance with all applicable tax laws and corporate standards.
Spearhead and oversee tax audits and inquiries with precision, ensuring thorough compliance and adherence to regulatory standards.
Serve as the principal point of contact for regulatory bodies and external consultants, facilitating seamless communication and coordination.
Ensure timely and accurate responses to regulatory inquiries.
Handle tax disputes and perform reconciliations as needed.
Establishes and maintains robust internal controls and governance frameworks to ensure operational integrity, regulatory compliance, and risk mitigation across organizational processes.
Ensure robust tax controls and adherence to compliance procedures are consistently upheld.
Ensure audits are conducted using precise and reliable tax data.
Maintain accurate tax documentation and establish robust audit trails to ensure compliance and traceability.
Assess potential tax-related risks and promptly communicate any findings to relevant stakeholders.
Skilled in overseeing stakeholder and team relationships, this role involves engaging with key individuals to align objectives and drive collaboration. Responsibilities include coordinating cross-functional teams, facilitating communication between departments, and ensuring all parties are informed and aligned with project goals. Strong interpersonal and organizational abilities are required to manage diverse interests, resolve conflicts, and maintain productive working dynamics. This position demands adaptability, clear communication, and a proactive approach to balancing competing priorities while fostering a cohesive and motivated team environment.
Partner with various business units to foster alignment and drive cross-functional initiatives.
Foster and maintain professional connections with external advisers and auditors to ensure effective communication and collaboration.
Deliver tax-related outputs promptly and consistently to meet established deadlines and client expectations.
With a proven track record in the field, candidates should possess substantial professional experience along with the necessary qualifications to excel in the role. Essential requirements include a relevant degree or certification, as well as specialized skills pertinent to the position. Additionally, applicants must demonstrate a minimum of [X] years of hands-on experience in a comparable environment, complemented by a deep understanding of industry best practices and emerging trends. Strong analytical abilities, exceptional communication skills, and a commitment to continuous learning are also critical for success in this position.
We are seeking candidates with a strong educational background and relevant professional qualifications to join our esteemed team. Applicants must hold a minimum of a bachelor’s degree in a related field, with preference given to those who possess advanced degrees or specialized certifications. Additionally, candidates should demonstrate a proven track record of professional experience in their area of expertise, ensuring they meet the rigorous standards required for this role.
A bachelor’s degree in Accounting, Finance, Economics, or a closely related discipline is required.
A recognized professional qualification such as ICAN, ARCA, CITY, or an equivalent credential is required.
A master’s degree is considered a beneficial qualification.
Experience
You should have 7–10 years of progressive tax experience, with a proven track record in leadership or team management roles.
Proficiency in banking or financial services is highly desirable.
Proven experience in engaging with tax authorities is required.
Demonstrated proficiency in a range of essential skills is required for success in this role. Candidates must exhibit strong analytical capabilities, effective communication skills, and the ability to collaborate efficiently within cross-functional teams. Proficiency in problem-solving, adaptability to changing priorities, and a commitment to continuous learning are also critical. Additionally, attention to detail and organizational skills are necessary to manage multiple tasks and meet deadlines consistently.
Demonstrates an in-depth understanding of Nigerian tax legislation and regulatory frameworks.
Experienced professionals with a strong understanding of International Financial Reporting Standards (IFRS) and tax accounting principles are encouraged to apply. Candidates must possess comprehensive knowledge of IFRS frameworks and regulatory tax obligations to ensure accurate financial reporting and compliance. Proficiency in applying accounting standards to complex financial transactions and tax implications is essential for success in this role.
Proficiency in utilizing electronic tax filing systems, such as Tax Pro Max, is required.
Demonstrated proficiency in analytical thinking and effective communication skills is essential.
Demonstrated proficiency in essential skills, including strong analytical thinking, exceptional problem-solving abilities, and effective communication. Adept at managing multiple priorities in fast-paced environments while maintaining attention to detail and accuracy. Proven capability in collaborating across teams to achieve shared objectives, fostering inclusive work cultures, and driving continuous improvement through adaptability and innovation.
Ensuring adherence to regulatory standards and implementing robust risk management protocols are critical components of this role, which demands meticulous attention to detail, a comprehensive understanding of relevant laws and regulations, and the ability to proactively identify, assess, and mitigate potential risks to safeguard organizational integrity and operational resilience.
The position requires a capacity for strategic thinking, enabling the analysis of complex business challenges and the development of innovative solutions. It demands the ability to anticipate future trends, align organizational objectives with long-term goals, and drive sustainable growth through informed decision-making. The ideal candidate will demonstrate a sharp, forward-looking mindset, coupled with the agility to adapt strategies in response to evolving market conditions or shifting priorities. Leadership will rely on this individual to provide clear, actionable insights that inform high-impact choices while balancing immediate needs with future ambitions.
Strong stakeholder engagement and relationship-building capabilities are essential, requiring the ability to influence key decision-makers, align diverse interests, and maintain transparent communication across all levels of the organization. This role demands a proactive approach to identifying and addressing stakeholder needs, anticipating potential challenges, and fostering collaborative solutions to drive project success and organizational alignment.
Seasoned professionals with a proven ability to guide and inspire teams are sought after to steer organizational success and drive collective achievement. Candidates must exhibit exceptional interpersonal skills, strategic vision, and the capacity to make decisive judgments under pressure. Responsibilities include setting clear objectives, fostering a collaborative culture, motivating employees, and aligning team efforts with overarching company goals. Proficiency in conflict resolution, performance management, and mentoring is essential, along with a track record of cultivating high-performing teams.
We seek individuals who demonstrate unwavering integrity and a commitment to professionalism in all aspects of their work. Candidates must exhibit a strong ethical foundation, ensuring transparency and accountability in their actions. Professionalism is reflected through punctuality, respectful communication, and adherence to company policies and industry standards. Additionally, a dedication to continuous improvement and a proactive approach to problem-solving are essential qualities for success in this role.
go to method of application
To submit your application, please utilize the provided link(s) on the company’s official website.
Qualifications
BA/BSc/HND , MBA/MSc/MA , Professional Certificate
Experience Required
7 - 10 years
