Head, Tax Management - Dangote Cement Plc, Nigeria

Head of Tax, DCP Nigeria

Job Summary

• Coordinate and manage all tax and transfer pricing matters relating to entities within the DCP Nigeria.
• Identify, develop, and implement tax processes and solutions that align with the overall business goals and objectives of the DCP Nigeria.
• Responsible for effective planning, management, control, and optimization of DCP Nigeria's tax position.
• Manage the implementation of DCP Nigeria's tax planning and management strategy to ensure compliance with applicable tax, financial and government regulations.
• Work closely with other departments within the organization, such as finance, legal, and operations, to ensure that tax considerations are incorporated into business decisions and processes.
• Oversee collection of tax-related information, timely reporting, and compliance obligations, including preparing and submitting routine tax performance reports for DCP Nigeria , preparing and filing tax returns, maintaining tax records, and responding to tax inquiries and audits.

Key Duties and Responsibilities

Strategic Tax Coordination for DCP Nigeria

• Understand DCP’s organizational objectives and corporate strategy and support subsidiaries to minimize the tax implications of business priorities.

• Carry out a check of pending tax matters on ground as at the commencement of job responsibilities.
• Leverage on the support of Global DIL Group Tax Function to develop tax policies, processes, and reporting framework for DCP Nigeria.
• Ensure DCP’s activities comply with local and/ or global financial regulatory requirements.
• Leverage on tax technology tools to coordinate tax compliance processes across all the regional subsidiaries.
• Coordinate, manage and maintain relationships with DCP Nigeria internal and external stakeholders, including local and international tax authorities, tax consultants and advisers, etc.
• Coordinate the preparation of monthly and quarterly tax performance reports and ensure submission within the set timelines to the DCP CFO and or DIL Group Tax, as required.
• Perform any duties related to tax matters as may be assigned by the CFO

Tax Compliance & Audit Management

• Obtain comfort on the accuracy of tax returns to be filed with the relevant tax authorities and work with Tax Consultant’s to manage the DCP Nigeria's tax obligations.

·       Review and approve relevant tax computations in strict compliance with applicable tax laws and regulation and ensure four-eye review by DIL Tax Function.

·       Oversee filing of tax and fiscal requirements within defined statutory deadlines.

·       Monitor tax reporting, planning and intra/inter group transfer pricing to ensure compliance with tax statutes applicable to DCP in Nigeria.

• Ensure proper management of regulatory tax audits across Nigeria.
• Ensure complete and accurate documentation of relevant supports and proof of tax remittance.
• Participate in relevant discussions that brings optimal tax position on queries or audits, with tax authorities.
• Ensure proper pricing modalities and documentation for all intercompany operations for transfer pricing compliance reviews.

Tax reporting & Forecasting

• Ensure accuracy of tax reporting in financial statements – audit reviews, budgets & reports
• DCP’s tax remittances and provisioning to ensure accuracy and appropriateness.
• Develop and present Tax and Transfer pricing performance reports to management and recommend improvements and compliance, where required.
• Enable accurate and timely forecasting of the group effective tax rate and acceleration of tax reporting.

Tax Planning & Advisory

• Advise management regarding the tax impact of corporate strategies and impact of new laws on tax liabilities
• Implement approved tax planning strategies to manage effective tax rates and deliver tax savings.
• Respond to ad-hoc inquiries/ queries on tax related issues.
• Continually identify, assess, and advise DCP’s Executive Management on tax saving opportunities.
• Provide tax efficient solutions to DCP’s projects and stakeholder activities.

Stay up-to-date on tax related trends (e.g. changes in relevant tax laws), analyze their impact and provide recommendations to Executive Management on necessary steps.

Qualification and Experience

• A Postgraduate degree in Finance, Accounting and/or Taxation
• Membership of Tax Institute in Nigeria, West Africa is a primary requirement.
• Membership of at least one other professional body is an additional requirement: Institute of Chartered Accountants of Nigeria (ICAN), Association of Certified Chartered Accountants (ACCA), etc.

Only shortlisted candidates will be contacted