Senior Tax Associate

Job Title: Senior Tax Associates

Work Location: Lekki Phase 1, Lagos.

Reports to: Senior Tax Manager

Direct Reports:

Associates

Experience Analyst

Analyst

Compensation: Competitive.

Job Summary

General accounting for client business to be used in preparing income tax returns, including preparation of trial balances and related adjusting journal entries; preparing deposits and disbursement requests.

Review client tax returns completed by assigned tax staff and make necessary recommendations on tax return preparation regarding accuracy and applicable tax savings opportunities.

Duties and Responsibilities

1.  Tax Activities

• Manages projects by planning the tax process and the procedures to be performed with quality.
• Answers, prepares, questions and coordinates engagement from onset by communicating expectations and procedures with 'preparers'
• Conducts detailed reviews on all returns and appropriate review notes for 'preparers'.
• Leads engagements of Federal Taxes and Planning
• Raises potential tax issues.
• Meets internal deadlines to match the client expectations for timely delivery of service.
• Identifies book-to-tax differences.
• Lead assigned client tax engagements from start to completion, including engagement planning, directing, completion of assigned tax projects, and managing the assigned projects to budget.
• Supervise, train, and mentor associates and interns on assigned tax projects, and assess the performance of tax staff associates for engagement reviews.
• Prepare client tax returns for individual, trust, partnership, corporate and foreign tax clients; including preparation of work papers and lead sheets; preparation of tax projections and related estimated payments; analyze client information and offer recommendations for reducing client tax liabilities; perform tax research.
• Identify and communicates engagement issues as well as engagement progress in a timely and organized manner
• Prepare tax projections and assist in drafting responses to regulatory audits, inquiries and tax notices.
• Assist in preparation of client's year-end tax information reporting, including reviewing, recommending, and making adjustments to client year-end tax reports.
• Develop and maintain client relationships.
• Undertake research and ensure knowledge of current tax law changes.

2.     Brand Ambassador

·        Take part in direct or indirect marketing and promotional activities.

·        Representation of a positive organizational image to the general public, clients and community.

3.     General Responsibilities

·        Prepare/compile periodic activity and performance reports for the attention of management as required

·        Manage the human and material resources of the unit to optimize performance

·        Perform any other duties as assigned by the Tax Director 

Key Performance Indicators

• Timeliness and accuracy of tax remittance.
• Tax errors occurrence.
• Prompt remittance of WHT deductions.
• WHT deductions analyzed.
• Effective team supervision.

Education and Work Experience

• Bachelor’s degree or its equivalent in Accounting or a related discipline.
• Professional accounting certification, e.g. ACA, ACCA, CPA, CIMA, ICAN.
• Minimum of Five (5) years’ experience, of which at least five (1) years must be at management level.
• Core experience in tax operations.

Skills and Competencies

·       Accounting Sills.

·       Strong reconciliation and analysis skills.

·       Knowledge of local and international tax standards.

·       Good understanding of tax and finance-related concepts and applications.

·       Knowledge of tax principles, local tax regulations and implications to business.

·       Strong customer relationship management and interpersonal skills.

·       Demonstrated commitment to ethical standards and a high level of integrity.

·       Strong oral and written communication skills.

·       Proficiency in the use of accounting packages and applications.

·       Attention to detail, analytical and problem-solving skills.

·       Tax experience.