Financial Planning Manager, Direct Tax
job description
• Ensure Transfer Pricing documentation and compliance.
• Deal with tax issues relating to related party transactions, international / cross border transactions
• Identify tax risk factors and effectively manage, monitor and report those risks in line with MTNN Tax Risk Strategy.
• Advise on tax impact of business transactions and strategy
• Finalise the review and tax impact evaluation of IFRS adjustment as they relate to the financials
• Inform or educate other divisions on tax related issues through strategy documents, PPP, and Capacity building Workshops
• Proactively advise the business on recent tax laws and impact on the business operations
• Maintain systems and strategies to ensure updated PPPs for CIT, PAYE, CGT and VAT. This will include normal CIT, VAT on normal Operations, VAT on imported services, VAT on Assets disposed, PAYE compliance, WHT on receivables and reimbursable expenses.
• Deal with external tax queries from MTN Group.
• Review contracts and agreements for tax compliance including Employment Contract for Nonresidents and National Quota
• Coordinate Tax audit for FIRS and SBIRs
• Coordinate tax operations of XS Broadband, MTNNF and other MTNN subsidiary.
Direct Tax Reporting and Planning
1. Compute monthly and annual corporate tax and ensure proper provisioning.
2. Deferred tax: Ensure balance sheet approach of deferred tax is reconciled with income statement approach.
3. HFM Tax Computation submission to MTN Group Tax
4. HFM Tax Cash flow and Deferred Tax Submission to Management Reporting
5. Income Tax Variance Analysis Reports and Trends
6. Coordinate tax aspect of Half year, Hard close audit and Full year audit.
7. Board Papers Submission
8. Provide Tax schedules and Group Tax Reports
9. Alignment of tax reporting to financial reporting
10. Tax Review of Company Budget , Business Plan and Quarterly Forecast
11. Income Tax Compliance
12. Tax computation and provisioning for XS BROADBAND and any other subsidiary
13. Deal with BRM and Internal audit request and issues
job condition • Normal MTNN working conditions
• May be required to work extended hours
• Occasional travelling may be required
Experience & Training
Experience:
8 years’ work experience including:
• 6 years comprehensive experience in tax administration
• 2 years in a supervisory/ Managerial capacity
• Experience in tax audits
Training:
• International Accounting Standards
• Contemporary Tax Legislation (Local & Global)
• Emerging tax laws
Minimum qualification
BSc
