Senior Tax Officer
- Full-time
Company Description
Our client is a leading petrochemical industry
Job Description
Position Summary:
Under the supervision of the Officer in charge/Tax Manager, the person will be responsible for day-to-day Tax Relating Job / Compliance jobs. This includes jobs Indirect & direct Tax reporting, Compliances; filing Returns, Tax Review, Relationship and correspondence with Tax Authorities.
Detailed Roles and Responsibilities:
A.) Tax Risk, Tax Advisory and Compliance
- Provide support in advising on the tax impact of business transactions and strategy
- Proactively provide support in advising the business on recent tax laws and their impact on the business operations
- Maintain systems and strategies to ensure updates for CIT, PAYE, CGT, and VAT.
- Reviewing contracts and agreements for tax impacts
- Provide support in dealing with external tax queries for the company
- Handle Tax Audit Teams from relevant Tax Authorities
B.) Direct & Indirect Tax Reporting and Planning
- Assist to Compute monthly and annual corporate tax returns and ensure proper provisioning in Books of Accounts
- Preparation of Tax MIS for Mgt. Review tax-related matters.
- Provide Tax schedules and Consolidated Tax Reports on Demand
- Alignment of tax reporting to financial reporting
- Tax Review of Company Budget, Business Plan and yearly Forecast
- Tax computation and provisioning for the company and other subsidiaries
- Deal with Internal audit request and issues on Taxes
- Compute and File Qualifying Capital Allowance Certification in Line with Industrial Development Act
- Filing tax returns for: (a)VAT (b) WHT (c)PAYE.
- Prepare audit support data for Tax audit.
Qualifications
Education and Experience:
- 10-15 years of experience
- BSC/HND in Accounting min 3 years experience in Fertilizer / Petrochemical / continuous process Chemical / Power plant/ Oil Servicing Company.
Essential Skills / Competencies: (Technical & Non-Technical):
- Knowledge of Accounting basics is a must.
- Teamwork with the ability to multi-tasking.
- Open-minded, Organizing, problem-solving.
- Communication, Listening, and feedback.
- Punctuality, work attitude, and initiatives.
VITAL KNOWLEDGE: (TECHNICAL & NON-TECHNICAL)
- Good Knowledge of Taxation regulations like (Finance Act, Transfer Pricing, Country by Country Reporting, Industrial development Act, VATA, CITA, PITA, CGT, PPTA, Double Taxation Agreements, International Tax Laws, etc).
- Preferable a member of CITN, ICAN
Additional Information
Preferred Skills:
- Knowledge of Logistics is a must.
- Computer Knowledge – MS Word, Excel.
- Teamwork with the ability to multi-tasking.
- Open-minded, Organizing, problem-solving.
- Communication, Listening, and feedback.
- Punctuality, discipline, work attitude, and initiatives.
Additional Notes:
- Preferably knowledge in Fertilizers/petrochemicals plant.