Tax and ICFR Officer

Job Summary

The Tax and ICFR Officer/Analyst is responsible for ensuring timely and accurate compliance with all tax obligations, including remittances, filings, and reconciliations. The role plays a crucial role in maintaining robust Internal Control over Financial Reporting (ICFR) within the tax function, assisting with tax audits, and providing preliminary tax advice to internal stakeholders.

Job Details

Ensure timely remittance, upload and filing of all taxes to the appropriate tax authorities through the designated tax portals.
Ensure accurate filing and review of all taxes (VAT, WHT, Stamp duties).
Posting of correction journals.
Follow up and obtaining approval of all taxes from the CFO.
Generation of payment invoice/DIN for tax remittances.
Assist in preparing supporting schedules for tax computations.
Support the team during tax audits.
Processing of vendor payments.
Maintain and update tax payments and trackers.
Draft responses to routine tax queries and correspondence.
Carry out reconciliation of tax ledgers.
Prompt resolution of minor issues.
Assist in compiling documents for audits and regulatory reporting.
Follow up and ensure the monthly collection of vendors’ credit notes.
Responsible for State and upcountry Audit Exercise.
Provision of tax advisory to internal stakeholders.
ICFR Management.
Compute and adopt monthly NAICOM Levy.
Execution of any other Ad hoc task assigned by the team.

Requirements

Bachelor’s degree in Accounting, Finance, Economics, or a related field
ICAN/ ACA/ ACCA
Minimum of 2-5 years of experience in a tax-focused role, preferably within a corporate finance department in Nigeria.
Demonstrable experience with Nigerian tax compliance, including VAT, WHT, and Stamp Duties.
Proven track record in tax remittance, filing, and reconciliation processes.
Experience in managing Internal Control over Financial Reporting (ICFR) within a tax or finance function.
Familiarity with tax audit procedures and providing support during audits.
Experience with tax ledger management and correction entries.
Practical knowledge of tax portals and payment generation processes.
Basic exposure to providing tax advisory to internal stakeholders.

Benefits

Thrive Professionally and Personally at AIICO Insurance Plc.

At AIICO Insurance Plc., we believe in fostering an environment where individuals excel, both personally and professionally. We offer a comprehensive employee value proposition designed to empower you, support your well-being, and fuel your career aspirations.

We offer:

Stress-Free Work-Life: Hybrid work schedules, competitive leave, and reliable transportation.

Holistic Wellbeing: Health & and wellness programs, and subsidized gym memberships.

Grow with Us: Sponsorship for professional certifications, coaching, learning and development opportunities, and more.

At AIICO, we recognize that our employees are our greatest asset. We are committed to fostering a supportive culture where you feel valued, respected, and empowered to achieve your full potential.

Join us and embark on a rewarding career journey that makes a difference.

About Company

AIICO Insurance Plc

https://aiicoinsuranceplc.seamlesshiring.com

AIICO Insurance Established in 1963, AIICO Insurance Plc (NSE Ticker: “AIICO”) is a financial services group with market-leading positions in its key business lines; Insurance, Health Maintenance and Asset Management. Background AIICO commenced operations in Nigeria in 1963 as an Agency office of American Life Insurance Company (“ALICO”) – at the time, a subsidiary of American International Group (“AIG”). The Company was incorporated, registered and licensed in Nigeria as American Life Insurance Company Limited – as a wholly owned subsidiary of ALICO/AIG – in 1970 – to offer Life and insurance services. The Company was renamed American International Insurance Company Limited (“AIICO”) upon the acquisition of a 60% stake by the Federal Government of Nigeria, and later listed on the Nigerian Stock Exchange in 1990, after which both shareholders – the Federal Government of Nigeria and AIG divested. 1. Life and general insurance are strategic business divisions within AIICO. 2. AIICO Capital Limited – a subsidiary of AIICO providing asset management services for AIICO and 3rd parties. 3. AIICO Multishield Limited – a leading health maintenance organisation. Following the insurance industry's consolidation in 2007, the Company acquired NFI Insurance PLC and Lamda Insurance Company Limited (both cumulatively accounting for less than 30% of AIICO's pre-acquisition gross premiums). The Company subsequently re-certified as both a General Insurance and Life Assurance Company – taking advantage of its legacy, brand, franchise and strong retail distribution network to grow a leading General Insurance business.