Tax & Treasury Manager at PepsiCo Foods Nigeria Limited (PFNL) in Lagos

Overview

Centre of Superiority on all Tax & Treasury matters for Nigeria. Position holder is in charge of the application of regulatory framework and compliance over Tax & Treasury process which includes but not limited to within and outside the organization entries in addition to local statutory and compliance obligations (Taxation Legal provisions, Tax organizing, Status updates and Tax return methods etc.). Head the Nigeria MU money movement schedule which includes compliance over the money movement process, precise financial statement status updates, co-ordination of AOP / Projection outputs and timelines, assisting business teams with money movement project definition in addition to supervising of execution of actions to attain money movement outputs Regulate Head for all Tax & Treasury components of business programs and projects to guarantee regulate and compliance outputs are proactively merged and successfully fulfilled.

Duties

Offer on-going executive guidance, compliance, supervising, adjusting and managing of the Tax & Treasury process to attain all targets set (AOP and other non-financial targets) inside the financial controller mandate. Specific concentration:

Taxation Management:

• Unify and supply prompt, precise and dependable tax calculations / data which includes every month FAS109 disclosures, every quarter and yearly tax entries to the Region
• Project setup of data for Corporate Tax for Nigeria
• Oversee all tax returns, tax requests and tax audits from all tax governing bodies
• Ensure Nigeria Tax Returns and organize the evaluate by an external audit firm before entries
• Oversee tax risks and exposures arising from current and new processes for Nigeria
• Evaluate all outlines to legislation, making sure adherence to the Tax Legal provisions
• Comprehend, record and convey possibility tax risks which includes but not limited to uncertain tax roles and offerings under FIN 48 to primary stakeholders
• Formulate networks and start discussions / sessions with external advisors and government departments to acquire findings and alignment on possibility savings for the organization
• Collaborate with PepsiCo Corporate Tax and external Tax advisors in engagement to emerging Tax legal provisions, recognize and execute most effective tax organizing structured for Nigeria
• Lead productivity through comprehension and exploring all possibility tax savings accessible to Nigeria which includes project definition and executive guidance to supply Tax savings
• Oversee the tax audit for purposes of Yearly Balance sheet and income statement and ensure precise visual communication and disclosure of taxation in the Yearly Balance sheet and income statement year on year.

Treasury Management:

• Head the Outstanding bills process for the MU
• Verify that every vendor adjustments are done as per the accepted frequency
• Co-ordinate and unify Money movement AOP / Projection outputs and timelines
• Ensure every month money movement projections and demonstrations are finished and are examined by MU executive guidance
• Verify that every money movement entries due dates to Sector/Corporate are fulfilled
• Projection on a weekly basis / every month cash qualifications to recognize and implement on a weekly basis / every month funding and financial funding decisions
• Assist business teams with money movement project definitions in addition to supervising of execution of actions to attain money movement outputs
• Oversee all the treasury initiatives and organize with corporate treasury to guarantee that all entries are done in adherence with corporate treasury qualifications
• Coordinate with Corporate Treasury regarding organizing and implementation of equity injections
• Oversee connections with banks and serve as point of reach out and co-ordination between business teams and banks
• Lead banking projects which includes upgrades and migrations to guarantee business process optimization and productivity is accomplished
• Make sure that all organisation banking operational base users possess accurate entry to banking channels and all queries with the banks are settled.

Finance reporting:

• Guarantee promptness implementation of every month Tax & Treasury outputs as part MU Finance reporting process which includes HFM entries and necessary adjustments
• Evaluate and sign-off other bank account adjustments owned by other sub processes (e.g. cash collections departments)
• Unify and show Tax & Treasury inputs / effectiveness in Financial statement Evaluate
• Oversee the accounting and recording of financial financial record in accordance with US GAAP and IFRS which possess effect on taxation calculations for both US and local statutory entries
• Offer a Tax & Treasury lenses on the execution of new accounting rules and advise the applicable participants of modifications.

Projects & Ad Hoc Duty:

• Execute projects and engage in business programs as directed by the Regulate & Status updates Director
• Ad hoc evaluation of tax treatment of components in line possessing applicable accounting and PepsiCo Rules
• Head Tax & Treasury components of business programs and projects to guarantee regulate and compliance outputs are proactively merged and successfully fulfilled
• Main responsibility player in assisting internal money movement programs in addition to Sector wide projects
• Formulate and Preserve applicable Tax & Treasury models, check files and demonstrations.

Team lead:

Motivate, mentor and head direct documentation(s) inside the Tax & Treasury team to attain highest guidelines of superiority In charge of coordinating and conceptualizing the Tax & Treasury team and supervising effectiveness through consistent effectiveness assessments.

Credentials

• Chartered Accounting officer with superiority in accounting academically
• Team lead expertise of 3-5 years.
• Expertise in Earnings Tax Act, Move Pricing, VAT Act and Companies Act
• Expertise in IFRS and US GAAP rules
• Expertise in exchange regulate rules
• Expertise in Operating Money movement.