Aug 17, 2018
Position Description:The Payroll /Tax Accountant reports to the Financial Controller and is primarily responsible for providing and ensuring the accuracy of payroll reports and time sheets:
Coordinate monthly Payroll activities.
Ensure Payroll is run in compliance with company policy, accounting standards, legal and SOX requirements.
Manage Payroll interfaces with HR, Treasury and Banks, Governmental Agencies (Tax
Authorities, Pension Fund Administrators, and Insurance, Industrial Training Fund etc.).
Manage 3rd party payments (NDDC, NCD, DPR and other regulatory Agencies).
Manage Employee Contributory/Voluntary Pension Scheme and Gratuity Scheme
Manage employee tax payment (PAYE), tax returns and tax relief claims.
Process and report ex-staff final payment/indebtedness.
Manage employees expense claim, floats and deductions
Manage control issues and resolves escalations.
Monitor system performance as business requirements, identify system deficiencies, prepare
Feasibility analysis and liaise with Business Unit heads to implement required system enhancements.
Support Payroll System Assurance process (DR testing, Backup Restore).
Manage Payroll Accounting in the Accounting system.
Develop and implement effective and robust internal control systems around payroll and taxes and liaise with the Internal audit department for implementation.
Ensure proper accounting treatment of all pay elements.
Ensure company policies and salary regime are correctly implemented.
Provide timely, reliable and fit for purpose payroll management information.
Ensure compliance with JOA, and all related agreements, government and third party regulations.
Manage information security in payroll processes.
Compute Petroleum profits tax, CIT, Deferred taxes and all other government taxes
Perform year-end accrual review and prepare the tax provision.
Prepare PPT and EPPT returns.
Prepare/Review other various tax filings: Annual reports
Assist in federal and state tax audits.
Manage, account and make timely returns of all transaction taxes
Develop and monitor processes and procedures for the management of fixed assets.
JOB DESCRIPTION
Record fixed asset acquisitions and disposals in the accounting system in line with accounting standards
Ensure that fixed assets in AFE costs in CIP /WIP are adequately tracked and recorded and such fixed assets are transferred to the appropriate asset category and closed out those accounts once the related projects have been completed.
Conduct periodic reviews of the fixed asset schedule to determine disposals. Reconcile fixed assets count with book values
Reconcile the balance in the fixed asset subsidiary ledger to the general ledger.
Run depreciation for all fixed assets.
Prepare audit schedules relating to fixed assets and assist the auditors in their inquiries.
Collaborate with team members to monitor asset disposals and movements.
Job Knowledge and Experience
Finance professional with broad experience in Finance, with at least 5 years in a similar
position
Good (multidisciplinary) team and networking skills
Must be PC versatile and can pay attention to details
Must be up-date with company and fiscal policies on staff remuneration
Results & deadlines focused
Knowledge of Financial Controls
Strong on controls; strong team player
Ability to Influence staff and peers to deliver targets within deadlines
Ability to manage diverse set of priorities and deliverables
Qualifications Required
University degree in accounting (second class division).
Distinction in HND may be considered.
Professional qualification (ACCA/ ICAN) is an added advantage
Professional qualification CITN would be an added advantage
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Apply via :
https://www.myjobmag.com/readjob/57858/jobs/job-vacancies-at-execution-edge-limited