Officer Tax at Family Bank Ltd

Key Responsibilities/Accountabilities 

• Reconciliation of all tax accounts and tax data validation.
• Preparation and submission of monthly, quarterly and annual tax computations and returns, including  installment tax in accordance with the various taxation statutes.
• Preparation and submissions of various reports requested monthly, quarterly, and annually or on  adhoc basis.
• Responsible for tax accounting which includes preparing deferred tax calculations, effective tax rates  and provisioning movements commentaries.
• Preparing tax related disclosures in the financial statements.
• Making all tax payments when due. (VAT, WHT, Excise duty, Stamp duty, Corporate Tax)
• Monitoring business unit compliance with the VAT, Excise duty Act and Income Tax Act.
• Provide the first line of taxation support to the business units.
• Custodian of the company’s permanent tax files.
• Ensuring that all tax records and correspondence are appropriately maintained and filed.
• Bank product evaluation to determine taxation impact.
• Optimization of the Bank’s taxation expense, by identifying areas of tax savings
• Managing intercompany income billing.
• Tax Budgeting and impact analysis.
• Review advise and reply to assessments and reassessments
• Support internal and external tax audits

Education Level 

• Bachelor's degree in a relevant field Upper Second-Class Honors and above

 Professional Qualifications 

• ACCA/CPA (K)

 BUSINESS ACUMEN (FINANCIAL MANAGEMENT) 

• Ability to interpret financial information and knowledge of financial systems
• Good working knowledge and understanding of financial systems and how they impact tax
• Ability to understand and work within a corporate context- Knowledge of organizational financial systems, legislation, ability to work with financial auditors and tax advisors, respond to findings and  implement recommendations
• A passion for customer service

EXPERIENCE 

• Minimum 3 years’ experience in an audit and/or controls role.
•  2 years’ experience in a financial institution (areas of working experience would be financial reporting,  payments, reconciliations and controls, risk, internal audit and tax. understanding of applicable taxation law, rules, regulations and commissioner's guidelines and  public notices.
• Understanding of Regulator Prudential Guidelines in Banking and Insurance.
• Good computer skills.
• Working knowledge of ERP accounting software. (Knowledge of Flexcube & SQL will be an  advantage.)