Tax Accountant
Location: Victoria Island, Lagos
Employment Type: Full-time
Work mode: full-time (Mon- Sat)
Job Purpose
- To manage the company's tax compliance, tax accounting, statutory filings, reconciliations, and tax-related reporting in accordance with applicable Nigerian tax laws and regulatio
- ns. The role will ensure timely and accurate tax filings, minimize compliance risks, and support the company during tax audits and assessments.
Key Responsibilities
Tax Compliance:
- Prepare and file applicable tax returns within statutory deadlines.
- Manage Withholding Tax (WHT) calculations, deductions, payments, and credit notes/certificates.
- Prepare and monitor Value Added Tax (VAT) computations and filings.
- Handle PAYE and other applicable employment-related tax obligations.
- Monitor applicable Companies Income Tax (CIT) obligations.
- Review tax implications of transactions before posting/processing where required.
- Maintain an accurate tax compliance calendar.
Tax Reconciliation & Accounting:
- TakeEconomics CoursesReconcile WHT, VAT, PAYE, CIT and other tax-related ledger accounts.
- Reconcile tax deductions with vendor/customer balances.
- Track outstanding WHT certificates and tax credits.
- Ensure tax balances in the accounting system agree with statutory records.
- Prepare tax schedules and supporting workings for management and auditors.
Tax Audit & Regulatory Matters:
- Coordinate responses to tax queries from relevant Nigerian tax authorities.
- Support tax audits, investigations, assessments and reconciliations.
- Maintain proper documentation for tax audits.
- Liaise with external tax consultants and auditors when required.
- Monitor changes in Nigerian tax legislation and communicate relevant changes to management.
Transaction Review:
- Review invoices, payments, contracts and other transactions for applicable tax treatments.
- Ensure appropriate WHT rates and VAT treatments are applied.
- Identify potential tax exposures and escalate them to management.
- Assist in reviewing cross-border transactions and applicable tax considerations.
Reporting:
- Prepare monthly tax reports and compliance status reports.
- Provide management with information regarding tax liabilities, credits and exposures.
- Prepare tax provisions and schedules for month-end and year-end closing.
Required Qualifications
- Bachelor's Degree in Accounting, Finance, Economics or related field.
- Professional qualification such as ICAN/ACCA or equivalent is an advantage.
- 3–5 years of relevant tax/accounting experience.
- Strong knowledge of Nigerian tax compliance and accounting practices.
- Experience with accounting/ERP software and Microsoft Excel.
Application Closing Date
Not Specified.
How to Apply
Interested and qualified candidates should send thier CVs to cv@ascentech.com.ng using the job title as the subject of the email.