Tax Accountant

Tax Accountant

Ascentech Services Limited is a human resources solutions company dedicated to helping businesses build stronger teams and manage people functions more effectively. Established in Nigeria in 2013, we have supported organizations for years with high-quality, practical HR services designed to meet real business needs, adapt to evolving workforce demands and enable long-term growth. With a strong presence in Lagos and Ibadan, and an expanding footprint through Ascentforce in India, we deliver a broader, more connected approach to recruitment, outsourcing, training, and ongoing HR support. Ascentech brings expertise across borders, backed by over 13 years of dedicated experience in delivering practical HR and recruitment solutions.

We are recruiting to fill the position below:

Job Title: Tax Accountant

Location: Victoria Island, Lagos

Employment Type: Full-time

Work mode: full-time (Mon- Sat)

Job Purpose

• To manage the company's tax compliance, tax accounting, statutory filings, reconciliations, and tax-related reporting in accordance with applicable Nigerian tax laws and regulations. The role will ensure timely and accurate tax filings, minimize compliance risks, and support the company during tax audits and assessments.

Key Responsibilities

Tax Compliance:

• Prepare and file applicable tax returns within statutory deadlines.
• Manage Withholding Tax (WHT) calculations, deductions, payments, and credit notes/certificates.
• Prepare and monitor Value Added Tax (VAT) computations and filings.
• Handle PAYE and other applicable employment-related tax obligations.
• Monitor applicable Companies Income Tax (CIT) obligations.
• Review tax implications of transactions before posting/processing where required.
• Maintain an accurate tax compliance calendar.

Tax Reconciliation & Accounting:

• Reconcile WHT, VAT, PAYE, CIT and other tax-related ledger accounts.
• Reconcile tax deductions with vendor/customer balances.
• Track outstanding WHT certificates and tax credits.
• Ensure tax balances in the accounting system agree with statutory records.
• Prepare tax schedules and supporting workings for management and auditors.

Tax Audit & Regulatory Matters:

• Coordinate responses to tax queries from relevant Nigerian tax authorities.
• Support tax audits, investigations, assessments and reconciliations.
• Maintain proper documentation for tax audits.
• Liaise with external tax consultants and auditors when required.
• Monitor changes in Nigerian tax legislation and communicate relevant changes to management.

Transaction Review:

• Review invoices, payments, contracts and other transactions for applicable tax treatments.
• Ensure appropriate WHT rates and VAT treatments are applied.
• Identify potential tax exposures and escalate them to management.
• Assist in reviewing cross-border transactions and applicable tax considerations.

Reporting:

• Prepare monthly tax reports and compliance status reports.

• Provide management with information regarding tax liabilities, credits and exposures.

• Prepare tax provisions and schedules for month-end and year-end closing.

• Required Qualifications

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

• Professional qualification such as ICAN/ACCA or equivalent is an advantage.

• 3–5 years of relevant tax/accounting experience.

• Strong knowledge of Nigerian tax compliance and accounting practices.

• Experience with accounting/ERP software and Microsoft Excel.

Application Closing Date

Not Specified.