Taxation and Capital Management Jobs at Stanbic IBTC Bank

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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.

Job ID: 4454
Location: Nigeria – Lagos
Division: Africa Finance
Position Category: Accounting/Finance
Employment Type: Full Time - Permanent

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

Qualifications:
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 added
advantage.
Deep understanding and knowledge of Nigerian state and federal
taxation 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.)

For more information and online application: Taxation and Capital Management Jobs at Stanbic IBTC Bank