JOB DESCRIPTION
A. Tax Risk Management Strategy, Tax Advisory and Transfer
Pricing Compliance
1. Assist in dealing with tax issues relating to related
party transactions, international/cross
border transactions and Transfer
Pricing documentation and compliance
2. Provide support in advising on tax impact of business
transactions and strategy
3. Review the tax impact of IFRS adjustment as they relate
to the financials
4. Assist in informing or educating other divisions on tax
related issues through strategy
documents, PPP, and Capacity building workshops
5. Proactively provide support in advising the business on
recent tax laws and impact on the business operations
6. Maintain systems and strategies to ensure updated PPPs
for CIT, PAYE, CGT and VAT. This will include normal CIT, VAT on normal
operations, VAT on imported services, VAT on assets disposed, PAYE compliance,
WHT on receivables and reimbursable expenses as well as CGT on disposals
7. Assist in reviewing contracts and agreements for tax
impacts
8. Provide support in dealing with external tax queries from
MTN Group
B. Direct Tax Reporting and Planning
1. Compute monthly and annual corporate tax and ensure
proper provisioning
2. Deferred tax: Ensure balance sheet approach of deferred
tax is reconciled with income statement approach
3. HFM Tax Computation Input to MTN Group Tax
4. HFM Tax Cash flow and Deferred Tax Input to Management
Reporting
5. Income Tax Variance Analysis Reports and Trends
6. Coordinate tax aspect of Half year review, Hard close
audit and Full year statutory audit
7. Assist in preparation of Board Papers Submission on tax
related matters
8. Provide Tax schedules and Group Tax Reports
9. Alignment of tax reporting to financial reporting
10. Tax Review of Company Budget, Business Plan and
Quarterly Forecast
11. Tax computation and provisioning for XS BROADBAND and
any other subsidiary
12. Assist in dealing with BRM and Internal audit request
and issues
C. Indirect Tax Administration, Reporting and Compliance
1. Filing tax returns and Remittance of;
- VAT on Normal Operations
- VAT on Foreign Services
- VAT on Proceeds from disposal of fixed assets
- WHT on Local and Foreign Transactions
- WHT Management (Receivables and Payables credit notes)
2. Response to transactional tax queries and tax issues raised by departments within the business
3. Prepare audit support data for external auditor use
4. Supervise dealing with external tax queries from FIRS,
SBIRs and Vendors
5. Annual review of PAYE Tax Computation before return is
filed by the Salaries Unit
6. Compute and file all federal, state, local, sales, and
other tax returns including related reports to ensure MTNN’s compliance with
all tax laws and
regulations.
D. Reconcile tax-related general ledger accounts and assist
the Senior Tax Accountant with special projects on need basis.
E. Prepare income tax provisions for each period.
F. Keep record of all tax transactions and related balance
sheet activity for tax and audit purposes.
G. Ensure proper filing system.
H. Maintain complete and well organized work papers and
business records for tax purposes.
I. Ensure adherence to business intentions and guidelines.
E.g. the five year accounting presentation format.
J. Coordinate tax operations of XS Broadband, MTNF and any
other subsidiary
job condition
• Normal MTNN working conditions
• May be required to work extended hours
• Occasional traveling may be required
Experience & Training
Experience:
• 4 years’ experience in tax administration
• Experience in tax audits
• International Accounting Standards
• Contemporary Tax Legislation (Local & Global) Emerging
tax laws
Minimum qualification
BSc
Source
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