Lagos | Permanent | 800k | 7 yrs experience

Job Purpose

Job Purpose

The Tax Management and Regulatory Compliance Team Lead is responsible for
leading and overseeing the team that manages all tax-related activities of the
company, and ensuring compliance within applicable regulatory and legal
requirements. This role involves managing the organization's tax strategy,
coordinating tax audits, mitigating tax risks, and ensuring accurate and timely compliance with state, national and international regulations. The Team Lead also acts as a key advisor on tax and regulatory matters, providing insights to optimize tax
efficiency and reduce liabilities while maintaining a strong compliance framework

Job Description

Job Description

• Designs, implements, and continuously reviews tax planning strategies to optimize the company’s tax position, ensuring compliance with applicable tax laws and regulations while identifying opportunities for tax savings and efficiency.

   

  • Coordinates the preparation and filing of tax returns, ensuring accuracy, completeness, and compliance with applicable tax laws and regulations. Oversees the timely submission of all required

  documentation, while addressing any discrepancies or queries from tax authorities to avoid penalties and maintain the organization’s compliance record.

  • Periodically conducts comprehensive tax compliance assessments across the entire company to ensure adherence to applicable tax laws, regulations, and internal policies, while identifying and

  addressing any potential risks or discrepancies.

   

  • Leads the development of the company’s tax strategy, ensuring alignment with financial goals, optimizing tax efficiency, and minimizing liabilities to support the organization’s overall financial health.

  Ensures that Corporate Income Tax (CIT) and other related taxes are filed accurately and on time, sustaining compliance and preventing penalties, thereby securing financial stability for thegroup.

   

  • Advises senior leadership on tax planning decisions to reduce liabilities and enhance profitability, contributing to better financial outcomes and improved decision-making.

   

  • Monitors changes in tax regulations and identifies impacts on business operations, ensuring compliance and recommending adjustments that optimize tax outcomes while enhancing operational efficiency.

   

  • Maintains 100% compliance with all applicable tax laws and regulations, proactively managing risks and ensuring no disruptions to business operations due to regulatory noncompliance.

   

  • Identifies and mitigates tax risks, developing strategies to address these issues and supporting the company’s financial health by safeguarding against potential financial loss.

   

  • Oversees the timely filing of taxes, ensuring deadlines are met and taxes are filed accurately, streamlining the process to avoid any operational delays.

   

  • Leads and mentors the tax team, fostering a collaborative environment that encourages growth and development, thereby increasing employee engagement and retention.

   

  • Empowers the team by providing them with training on current tax regulations, compliance practices, and best strategies, improving their performance and enhancing their professional development.

Job Specification

Job Specification

Bachelor’s degree in Accounting, Finance, or Economics (Master’s degree is preferred).
• Professional certification such as ICAN, ACCA, CITN is mandatory.
• Minimum of 6–8 years of experience in tax management, regulatory compliance, or a similar role,
with at least 3 years in a leadership position.
• Experience in the oil and gas or industrial sector is preferred