Unit Head Tax, Fixed Asset & Insurance at First Bank

Job Description

• Prepare tax planning strategies for the bank to achieve optimum tax advantage.
• Coordinate tax audits at state and statutory levels effectively.
• Liaise with the HOD and local tax advisers to support efficient management of the bank’s tax affairs and local tax liabilities.
• Manage compliance with corporate income tax and other tax regimes (including withholding tax and VAT) to minimize the bank’s tax burden.
• Create bank-wide tax awareness by facilitating training programmes for affected personnel and providing regular updates on developments within the tax regulatory environment.
• Provide updates on new developments and circulars issued by FIRS.
• Prepare tax-related reports for Executive Management.
• Prepare the bank’s corporate tax returns in collaboration with tax consultants and ensure timely filing of corporate self-assessment returns.
• Ensure timely remittance of tax returns and payments.
• Ensure prompt payment of corporate tax installments.
• Manage staff personal income tax effectively.
• Liaise with tax consultants to procure personal income tax clearance certificates for all employees in a timely manner.

Job Requirements

• Bachelor’s degree in Finance, Accounting, Economics, or a related field.
• Professional accounting qualification such as ACCA, ACA, CPA, or equivalent, with at least 10 years post-qualification experience and relevant banking experience.
• Minimum of 10–15 years post-qualification experience, preferably in consulting or financial services.
• Sound knowledge of Generally Accepted Accounting Principles (GAAP) and IFRS Accounting Policy.
• Proficiency in the use of MS Word and MS Excel.