Regulatory Tax Officer at Rite Foods Limited

Rite Foods Limited launched as a company in December 2007 as a subsidiary of the Ess-Ay Holdings Limited. It was in the mid-2000s, following the digital evolution in photography that the Group decided to diversify into the FMCG sector, which led to the birth of Rite Foods Limited.
Our Core Values

Excellence, Innovation, Integrity and Accountability.

Our Vision

To be the leader in our chosen fields of operation which
will lead to growth, stability and an enduring legacy

Our Mission

To create value for the company by facilitating the
attainment of set goals and aspiration through a formidable and
exceptional team.Job Purpose

The Regulatory Tax Officer is responsible for ensuring the organization's full compliance with all applicable tax laws, statutory regulations, and regulatory requirements. You will oversees tax reporting, filing, remittance, and regulatory compliance activities while maintaining effective relationships with tax authorities and regulatory agencies.

Key Responsibilities

Implement effective tax planning strategies across the company and ensure full compliance with relevant tax laws.
Initiate and implement tax planning initiatives aimed at optimizing the company’s tax exposures.
Compute, record, analyze, and report on the VAT, WHT, PAYE, CIT, and all other taxes and levies as may be arising from company’s transactions.
Ensure accurate and prompt processing and payment of statutory deductions, such as VAT, WHT, CIT, PAYE, Pension, NSITF, etc. on monthly basis.
Understand the financial and operational implications of various tax laws and ensure the company complies with all relevant provisions.
Ensure that all regulatory and compliance registrations and clearances needed by the company are up to date.
Anchor the annual Tax Clearance Certificates for the company, ensuring that tax computations are accurate and made before the statutory timeline.
Compute tax exposures, prepare tax returns, ensure prompt payment of taxes and obtain tax clearance certificates.
Responsible for the tax audit of company in conjunction with the External Auditors.
Maintain tax balances on general ledger and ensure complete documentation of relevant supports and proof of tax remittance.

Qualification

First Degree or its equivalent in Accounting, Finance, Economics or other relevant discipline.
Minimum of 4 years’ experience in FMCG industry is required.

Required Skills & Competencies

Knowledge of National and States' Tax Regulations
Tax Strategy Planning and Implementation Skills
Knowledge of Accounting Standards, Principles and Concepts
Knowledge of Accounting Regulations and Legislations
Statutory Deductions Processing and Remittances Skills