Dan Royal Job/Vacancies

Stanbic IBTC bank is recruiting for Manager, taxation and capital management

Job: ID4454

Location: Nigeria – Lagos

Employment Type Full Time – Permanent

Division Proposition

Standard Bank is the largest bank in Africa and our highly visible brand, award-winning service, and strong global presence helps us maintain our market-leading position. We place huge value on the talent of our people to drive our continued success, and to support our plans for growth. We now need a talented and resourceful Manager, taxation and capital management to help us fulfil our business objectives and build customer loyalty.
Position Description

KEY RESULT AREAS:
Taxation

Manage compliance with tax law in Stanbic IBTC Bank PLC (SIBTC), and all tax aspects including, corporate tax transfer pricing, withholding taxes, indirect taxes, PAYE and tax planning

Monitor tax compliance within SIBTC.

Identification and evaluation of taxation risks within SIBTC

Implementation of systems and processes to monitor and mitigate identified taxation risks.

Preparation of monthly and annual taxation computations and returns.

Custodian of SIBTC transfer pricing policy, responsible for ensuring

that policy is up to date and appropriate agreements and approvals are in place to ensure compliance.

Optimisation of SIBTC taxation expense, by identifying areas of tax savings

Manage the relationship and participate in selection of external taxation consultants serving SIBTC

Analysing DTA’s with the aim of effectively using them on crossborder transactions.

Improve taxation knowledge within SIBTC through communication and tax training where appropriate.
Capital Management

Maintenance of adequate capital as required by CBN.

Capital management planning and forecasting, ensuring both

Nigerian and South African requirements are met.

Optimisation of capital structure, ensuring appropriate mix of Tier I and Tier II capital.

Maintain a minimum capital base whilst ensuring compliance with minimum capital requirements and providing adequate capital for business growth.
Required Skills and Qualifications
An appreciation and a good understanding of macro economics and external factors affecting the business strategies adopted, and market serviced by SIBTC.

Ability to analyse and evaluate data for acceptability and correctness.

Analytical mind with strong orientation to financial analysis.

Ability and experience in communicating with all levels of

management regarding management information needs.

Good interpersonal skills required in liaising with people at different

levels within and outside the bank..

Strong report writing skills.

Dynamic self-starter with a personal ambition to succeed.

Ability to work under pressure to meet tight deadlines.

A person with high integrity.

Excellent computer skills particularly in MS Word, MS Excel and MS

Access, Power Point.
Required Competencies

B.SC (Accounting/Finance).

ICAN or CIMA.

Postgraduate degree in taxation or an MBA (an advantage)

Experience:

Minimum of 6 years experience in a financial management position.

Knowledge of Nigerian Banking regulations.

Understanding of Nigerian Banking regulations will be an addedadvantage.

Deep understanding and knowledge of Nigerian state and federaltaxation requirements .

Understanding of FIRS

Ability to review, analyse and implement taxation control processes.

Working knowledge of accounting software. (Knowledge of SAP, or Equinox will be an advantage.)

Scholarship Opportunities
We are an equal opportunities employer and are totally opposed to discrimination in any form. It is our policy to provide equal employment opportunities for all employees regardless of race, sex, colour, nationality, national or ethnic origin, sexual orientation, marital / partnership status, religion, age or disability.
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