Joemanstone:
We are recruiting to fill the position below:

Job Title: Tax Manager
Location: Lagos
Employment Type: Full-time
Job Summary
1. To ensure compliance with all tax legislation and minimize tax liabilities within the organization.
Duties and Responsibilities
1. Leads the Tax planning process and ensures that tax liabilities and exposures are mini-mized.
2. Provides internal tax advisory services to business divisions and departments to ensure tax efficiency e. g Payroll structuring.
3. Oversees the preparation of all applicable tax computations e.g., CIT, WHT, VAT, PAYE etc.
4. Puts in place measures and liaises with relevant colleagues to ensure prompt processing and remittance of tax payments and the reconciliation of all tax accounts.
5. Keeps up to date with current industry tax practices and regulations and proactively ad-vises management as appropriate.
6. Sets up an effective tax record management, update, and reporting process and drives execution.
7. Ensures that receipts and clearance certificates due to Rainoil and/or employees are col-lected for all tax payments.
8. Conducts regular in-house tax reviews and oversees the preparation of tax self-assessments.
9. Responds to and ensures adequate follow-up to resolve tax queries from the Tax authori-ties.
10. Liaises with and monitors the performance of retained tax consultants on tax issues and reports to the Group Head - Finance as appropriate.
11. Reviews the computation of royalties and technical fees as required.
Qualification Required
1. Minimum of a B.Sc in Finance/ Accounting or any related discipline
2. Professional certifications: Taxation: Chartered Institute of Taxation in Nigeria (CITN) or any recognized international equivalent and ACA - Institute of Chartered Accountants of Nigeria (ICAN) or ACCA - Association of Certified and Chartered Accountants.
3. Minimum of 5 years combined consultancy and/or functional Tax experience including specialism within the Oil & Gas industry.

Method of Application
Qualified and interested candidates who meets the requirements should kindly apply via the website https://www.rainoil.com.ng/vacancies/
Deadline: Friday, April 14th 2023.

emekapromise:



To effectively process payroll in Nigeria is a key responsibility for your business if you have employees. And it is important to do it right. This is because you must make sure payment amounts are correct for employees, and payroll taxes are calculated, reported, and paid to the FIRS and states according to the law.

Unless you want to do your own payroll by hand, you have two options for doing payroll:
• Using payroll accounting software or an online service
• Using an accountant or payroll service provider

In either case, you'll need to know the basics of payroll processing so you can discuss options and deadlines and input the original information.

Here, we discuss in detail the process of paying employees and collecting, reporting, and paying payroll taxes for your employees specifically.

What Does Processing Payroll Include?

Payroll processing, often called "doing payroll" includes:
• Deciding how much to pay employees, how often, and in what way
• Getting withholding information from employees at hire
• Calculating paycheck amounts, including withholding payroll taxes and deductions

To read the full article, click on www.excellentbridge.com/how-to-process-payroll-and-payroll-taxes-in-nigeria