Tax Analyst at PZ Cussons

Job Purpose: :

• Ensure compliance with statutory timeframe for remittance of VAT/WHT/CIT/TET and other applicable taxes
• Identify and engage in activities that will manage the Group’s tax exposure within the confines of the law. .
• Monitor payment process, facilitate prompt payment and ensure collection of receipts for all tax liabilities for all entities.

Reporting Relationships:

• Peer Relationships Attach organization chart showing manager and direct reports as well as peers

Principal Accountabilities:

• The key outputs of the job List in priority order if possible, typically 8-10 NOT a task list Any requirement for organizing & planning including own work and the allocation of resources Typical decisions made and if they are advisory or directly
• Prepare Withholding tax returns (Federal and All States) monthly for PZC, HPZ, HIN, NUT & CWD by spooling monthly reports, verifying applicable rates, separating into applicable tax jurisdictions, reconciling WHT report against ledger balances and processing payments. – Day 7 deadline
• Review withholding tax reports for PZ Wilmar & PZ Wilmar Foods
• Spool monthly VAT reports, ledgers for all entities and Prepare monthly VAT reports for PZ
• Wilmar & PZ Wilmar Foods responsible for the outcome
• Process payments for all monthly taxes, final demand notice liabilities and every other undisputed tax liability
• Prepare initial draft responses to demand notices, queries and other correspondence from the FIRS and state boards for the following companies; HPZ; Coolworld; PZ Cussons; PZ Tower; PZ Power
• File VAT Returns for all entities with the FIRS on or before 21st of every month
• Apply for and Obtain Tax clearance certificates for all seven (7) entities every year
• Receive and record all correspondence from tax authorities
• Maintain correspondence tracker to ensure responses are filed within the stipulated timeline
• First level review of Kenya tax computations and provide support on other Kenyan tax issues like tax audits, refund claims etc.
• Prepare trend analysis, decks and forecasts for tax planning & Budgeting
• WHT credit note verification on B2B Customer purchases
• Retrieve documents from the archive
• Arrange logistics for tax auditors who visit the office Internal & External Relationships: Identify the most significant ones Attach a preferred suppliers list if available Detail which networks the jobholder will be part of e.g. finance, category

External:

• External auditors, FIRS, All state Board of Internal Revenue ( Nigeria) and Consultants.

Internal:

• All departments Knowledge, Skills & Experience Needed: List any qualifications required to do the job Be specific about the experience needed Focus on type of experience not the time served

Qualifications:

• B.Sc. (Accounting)
• ICAN Certification/ In view
• Computer expertise especially in MS Word, MS Excel

Technical/Professional Experience:

• 2–3 years minimum work experience
• Good Knowledge of Group Accounting