The Senior Tax Associate is responsible for ensuring timely and accurate tax computations, filings, and remittances in compliance with relevant federal and state tax regulations.
This role involves direct engagement with tax authorities (FIRS and LIRS), coordination with external consultants, preparation of internal tax reports, and support for financial audits.
The ideal candidate possesses strong analytical skills, in-depth knowledge of Nigerian tax laws, and a keen eye for detail.
Key Responsibilities
Computation and Filing:
Compute and file monthly Value Added Tax (VAT) returns.
Compute and file monthly Pay-As-You-Earn (PAYE) tax remittances.
Prepare and file Annual Employer Returns (e.g., Form H1).
Tax Payment & Remittance:
Calculate and arrange timely payments of all tax liabilities to the Federal Inland Revenue Service (FIRS) and Lagos State Internal Revenue Service (LIRS).
Maintain accurate records of all tax payments and receipts.
Tax Reporting & Statistics:
Prepare and maintain accurate monthly tax reports and statistics for internal use and compliance tracking.
Regulatory Liaison:
Liaise with FIRS on federal tax matters and with LIRS (or other relevant state IRS) on state tax matters.
Coordinate with external tax consultants for correct interpretation and application of tax regulations.
Audit Coordination:
Prepare and provide documentation during FIRS and LIRS tax audits.
Support the annual statutory financial audit by preparing necessary tax schedules, reconciliations, and compliance documentation.
Report Submission:
Submit VAT reports - Monthly
Submit PAYE reports - Monthly
Submit Tax Statistics Reports - Monthly.
Requirements
Bachelor's degree in Accounting, Finance, Economics, or a related field.
ICAN, ACCA, or CITN certification is highly desirable.
Minimum of 3 - 5 years experience in a tax or accounting role, preferably within a structured organization or tax consultancy firm.
Strong knowledge of Nigerian tax laws, policies, and regulatory requirements.
Proficiency in Microsoft Excel and accounting software (e.g., Sage, SAP).
Excellent analytical, organizational, and problem-solving skills.
Good interpersonal and communication skills for liaising with internal and external stakeholders.
High level of accuracy and attention to detail.
Benefits
Competitive Salary.
13th Month Allowance.
Leave Allowance.
Monthly Performance Bonus.
Retirement Savings.
Medical Coverage.
Opportunity to work in a fast-paced and dynamic environment.