First Bank of Nigeria Ltd.

Unit Head Tax, Fixed Asset & Insurance

First Bank of Nigeria Ltd.  •  Federal Republic of Nigeria (Onsite)  •  5 months ago
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Job Description

  • Prepare Tax Planning/strategies for the bank for optimum tax advantage
  • Proper and effective coordination of Tax Audit – state and statutory.
  • Effective liaison with the HOD and local tax advisers to support the effective management of the bank’s tax affairs and the local tax liabilities.
  • Manage compliance with the local corporate, income and other tax regimes (e.g. withholding tax and VAT), in order to minimize the burden of taxation on the bank.
  • Creating bank wide tax consciousness, by initiating and facilitating tax training programs for bank affected personnel and providing regular updates on the latest development within the tax regulatory environment.
  • Provide updates on the new developments /circulars issued by FIRS
  • Preparation of reports on tax matter to Executive Management
  • Preparation of banks corporate tax returns in conjunction with tax consultants and ensure timely filing of corporate self-assessment tax returns
  • Ensure timely remittance of tax returns/payments
  • Ensure prompt payment of corporate tax installments
  • Effective management of staff personal income tax
  • Liaison with tax consultants for timely procurement of personal income tax clearance certificates for all bank employees

Job Requirements:

  • Bachelor’s degree in Finance, Accounting, Economics, or related field.
  • Professional accounting qualification such as ACCA, ACA, CPA or its equivalent plus at least 10 years post Qualification years’ experience, with relevant / specific banking experience
  • Minimum of 10-15 years post-qualification experience, preferably consulting/financial services experience.
  • Sound knowledge of Generally Accepted Accounting Principles and IFRS Accounting Policy
  • Proficiency in the use Ms word & Ms Excel
First Bank of Nigeria Ltd.

About First Bank of Nigeria Ltd.

First Bank of Nigeria Ltd – Keeping You First

First Bank of Nigeria Limited (FirstBank) is Nigeria’s premier commercial bank and most valuable banking brand.

With over 10 million active customer accounts and more than 750 business locations, we provide a comprehensive range of retail and corporate financial services to customers and investors wishing to explore the vast business opportunities available in Nigeria and our business locations across Africa, Europe, Middle East and Asia.

To live our promise of ‘YOU First’, we design products and services to support your personal, family and business needs.

Our array of products – cards, channels, transfer services, loans & advances, deposit products, guarantees, distributorship financing, cash management and foreign trade service – create convenience for your transactions, empower your businesses and offer flexibility of choice.

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Lagos Island , NG
Year Founded
1894
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