Overview
PalmPay Limited is a pan-African fintech company currently operating in Nigeria, Ghana, Kenya, Uganda, and Tanzania and expanding to other markets this year. We are reinventing the payment experience by making it easy and reliable for everyone to transfer money, pay bills and shop online.
Job Position: Tax Manager
Job Location: Lagos
Job Responsibilities
Tax Compliance and Reporting:
- Responsible for tax compliance control in Nigeria, including but not limited to accuracy and timeliness control of monthly withholding tax, PAYE, VAT, EMTL and annual corporate income tax filing reconciliation, declaration and payment, tax burden analysis, and tax calculation optimization.
- Identify tax compliance pain points, optimize opportunity points, and put forward suggestions and lead implementation to effectively reduce compliance costs and risks.
- Oversee the preparation of tax provisions and related financial statement disclosures, ensure accurate and complete documentation of all tax-related transactions and records; and
- Coordinate with external auditors and tax advisors for tax audits and reviews.
Tax BP and Planning:
- Assist HQ in Nigeria tax planning, thoroughly interpret the preferential tax policies related to the group’s business, reasonably plan the requirements for applying for preferential tax qualification and convey them to the management.
- Assist HQ in embedding Nigeria business processes, including but not limited to understanding the company’s business situation and relevant policies and regulations in real-time, conducting a detailed tax impact analysis on new business models to ensure compliance with Nigeria tax laws and optimising tax burdens; and optimize the tax terms of business contracts.
- Assist HQ in Nigeria’s affiliated transactions and transfer pricing management, including but not limited to evaluating and optimizing the affiliated transaction business model, and affiliate pricing, regularly carrying out profit and loss management and preparing transfer pricing compliance documents.
- Continuously track and study changes in Nigeria tax policies and excellent practice cases of peers
- to routinely assess their impact on the company’s business in a written format, and collect and analyze the excellent tax management practices in the same industry to find the experience and methods for reference.
Tax Risk Management:
- Take the lead and be the 1st owner in responding to and closing different levels of tax bureau inquiries and tax inspections, timely give HQ proactive response feedback, propose reasonable and effective solutions to HQ, and written response to FIRS, ensuring the company’s compliance in tax inspections and reducing potential risks and losses.
- Regularly carry out Nigeria tax self-inspection and risk scanning, identify tax risks, put forward risk warning and resolution suggestions, follow up, guide and support financial and business landing risk resolution measures until closure, to reduce external supervision and audit risks.
- Effectively manage tax intermediary resources, and coordinate and communicate effectively with external stakeholders, including tax authorities and advisors.
Job Requirements
- Bachelor’s degree or above, major in accounting, finance, economic management, etc., with an accountant certification is a score plus.
- More than 5 years of financial tax-related experience in enterprises, practical experience in tax compliance, tax reporting and transfer pricing, and rich awareness of tax risk prevention; working experience in agent firms plus finance enterprises is a plus.
- Practical tax team management of more than 3 team members is preferred.
- Integrity and perseverance, stable and optimistic, under great pressure can also move forward against the wind, strong desire for personal development and strong self-driven.
- Strong communication with and coordination skills with finance, legal, and compliance teams to ensure alignment on tax matters, teamwork spirit, a strong sense of responsibility, like to meet all kinds of challenges and rapid changes in policy and environments.
- Clear logical thinking, strong insight, analytical skills, strong learning and adaptability.
- Actively and effectively cooperate with HQ tax manager and deal with HQ needs in a very timely manner, in the case of 7 hours time difference.
How to Apply
Interested and qualified candidates should:
Click here to apply online