Tax Manager at LEAD Enterprise Support Company Limited

Job Summary

A reputable organization seeks a dedicated Tax Manager to effectively manage the relationship between the organization and tax authorities, ensuring smooth and compliant interaction with Inland & Internal Revenue Services.

Key Responsibilities

• Ensure full compliance with all relevant tax laws and finance acts (CIT, EDT, PAYE, WHT, VAT, TP, CRS, etc.)
• Monitor and ensure timely payment of taxes to relevant government authorities
• Verify that tax deductions are made from applicable transactions
• Coordinate tax audits and supervise tax functions across the organization
• Identify and leverage tax planning opportunities within applicable laws and regulations
• Establish processes for prompt filing of annual tax returns (PAYE and company income tax)
• Review and reconcile tax accruals (PAYE, WHT, and CIT) in the general ledger for adequacy
• Perform year-end accrual reviews and prepare tax provisions with supporting schedules
• Collaborate with the payroll unit to ensure accurate tax deductions
• Handle all tax information requests, including processing of tax clearance for staff and the organization
• Develop and implement best practices to improve tax processes
• Identify and mitigate tax risks
• Provide innovative tax planning solutions for staff and the organization
• Respond promptly to queries, demand notices, and official correspondences before deadlines
• Oversee remittance of WHT deductions and VAT payments to relevant tax authorities
• Provide monthly updates on tax matters affecting the organization and identify mitigation strategies

Key Performance Indicators

• Timeliness in preparation of all necessary tax reports and returns
• Timeliness in responding to requests and queries from revenue services
• Incidents of financial exposure or loss due to negligence in tax-related matters
• Accuracy of tax documentation and compliance records