• Application Deadline:
• Position: Group Head, Internal Control / Tax and Compliance


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 5 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

Overview of the Job Role

• The Group Head Internal Control/Tax and Compliance is a senior-level position responsible for overseeing and managing the internal control, tax, and compliance functions within a group of companies or an organization.


• This role entails providing strategic direction, ensuring adherence to laws and regulations, and mitigating risks related to internal control, tax, and compliance.


• Here are the typical roles and responsibilities associated with this position:

Key Responsibilities

Develop and Implement Internal Control Policies:

• Establish and implement internal control policies and procedures across the group of companies.


• Design and maintain an effective internal control framework to mitigate risks and ensure compliance with laws, regulations, and company policies.


• Monitor the implementation of internal control measures and assess their effectiveness.


• Conduct periodic reviews and audits to identify control gaps and recommend improvements.

Tax Planning and Compliance Management:

• Develop and oversee tax planning strategies to optimize tax efficiency and minimize risk for the group.


• Ensure compliance with tax laws and regulations at local, regional, and national levels.


• Review and approve tax returns, ensuring accuracy and timeliness of submissions.


• Stay updated with changes in tax laws and regulations and provide guidance to the organization on their impact.


• Coordinate with external tax advisors and tax authorities during tax audits and inquiries.

Compliance Monitoring and Reporting:

• Monitor and ensure compliance with relevant laws, regulations, and industry standards across the group.


• Conduct regular compliance audits and risk assessments to identify potential violations and areas for improvement.


• Prepare compliance reports for senior management and regulatory authorities.


• Monitor and report on compliance-related activities, investigations, and remediation actions.


• Implement compliance training programs to educate employees on regulatory requirements and ethical standards.

Risk Management:

• Identify and assess risks associated with internal control, tax, and compliance functions.


• Develop risk management strategies and controls to mitigate identified risks.


• Monitor and report on risk-related activities and incidents to senior management and relevant stakeholders.


• Provide guidance and support to business units on risk management processes.

Stakeholder Collaboration and Communication:

• Collaborate with internal stakeholders such as finance, legal, and human resources to ensure a coordinated approach to internal control, tax, and compliance.


• Act as a key point of contact for external stakeholders, including auditors, tax authorities, and regulatory bodies.


• Communicate effectively with senior management, board of directors, and other stakeholders on internal control, tax, and compliance matters.

Policy Development and Implementation:

• Develop and implement comprehensive internal control, tax, and compliance policies across the group.


• Ensure policies are aligned with relevant laws, regulations, and industry standards.


• Regularly review and update policies to reflect changes in the regulatory landscape and business requirements.

Team Management and Leadership:

• Build and lead a high-performing team responsible for internal control, tax, and compliance functions.


• Provide guidance, mentoring, and development opportunities to team members.


• Set departmental goals, establish performance metrics, and evaluate team performance.


• Foster a culture of compliance and ethics throughout the organization.

Continuous Improvement:

• Stay abreast of industry trends, best practices, and changes in laws and regulations related to internal control, tax, and compliance.


• Continuously evaluate and enhance internal control processes, tax strategies, and compliance programs.


• Implement automation and technology solutions to improve efficiency and effectiveness in internal control and compliance processes.

Qualifications Required

• Bachelor's Degree in Economics, Finance, or a related field


• 5+ years of experience working as a Tax Compliance Manager or in a similar position


• Knowledge of accounting principles, financial data, and analytics


• Strong grasp of risk mitigation practices and governance frameworks


• Completion of IRS training program


• Advanced analytical and problem-solving skills.