First Bank of Nigeria Limited (FirstBank) is Nigeria’s largest financial services institution by total assets and gross earnings. With more than 10 million customer accounts, FirstBank has over 750 branches providing a comprehensive range of retail and corporate financial services. The Bank has international presence through its subsidiaries, FBN Bank (UK) Limited in London and Paris, FBNBank DRC, FBNBank Ghana, FBNBank Gambia, FBNBank Guinea, FBNBank Sierra-Leone and FBNBank Senegal, as well as its Representative Offices in Johannesburg, Beijing and Abu Dhabi.
Since its establishment in 1894, FirstBank has consistently built relationships with customers focusing on the fundamentals of good corporate governance, strong liquidity, risk management and leadership. Over the years, the Bank has led the financing of private investment in infrastructure development in the Nigerian economy by playing key roles in the Federal Government’s privatisation and commercialisation schemes. With its global reach, FirstBank provides prospective investors wishing to explore the vast business opportunities that are available in Nigeria, an internationally competitive world-class brand and a credible financial partner.
The Bank has been named “The Best Bank Brand in Nigeria” four times in a row – 2011, 2012, 2013, 2014 – by the globally renowned “The Banker Magazine” of the Financial Times Group; and “Most Innovative Bank in Africa” in the EMEA Finance African Banking Awards 2014. FirstBank’s brand purpose is to always put its customers, partners and all stakeholders at the heart of its business, even as it is poised to standardise customer experience and excellence in financial solutions across Sub Saharan Africa, in consonance with its brand vision “To be the partner of first choice in building your future”. Our brand promise is to always deliver the ultimate “gold standard” of value and excellence. This commitment is anchored on FirstBank’s inherent values of passion, partnership and people, to position our customers first in every respect.Duties & Responsibilities
Remittance of monthly withholding tax on contract for the Bank.
Review of remittance of internally generated taxes (VAT, WHT & PAYE) by branches and head office departments in line with laid down procedures.
Participate in review, computation, filling and remittance of company income tax returns.
Ensure timely filling of Income Tax Self-Assessment for the Bank.
Review of response to inquiries on tax matters by various tax authorities and staff.
Participate in various states’ tax audit and FIRS audit.
Conduct test for adequacy of taxes deducted on transactions.
Ensure timely preparation of tax clearance certificate for both staff and the Bank.
Exposure of the bank to penalty by FIRS for non-rendition or under remittance of taxes.
Exposure of the bank to sanctions/penalty for late rendition or payment of incomes taxes.
Non – compliance with tax returns may lead to image problem.
Job Requirements
Education:
Minimum Education: B.Tech, ACA
Proficiency in the use Ms Word & Ms Excel.
Experience:
Minimum experience: 2 years.
Key Competency Requirements:
Knowledge:
Professional accounting qualification such as ACCA, ACA, CPA or its equivalent plus at least six years post Qualification years’ experience, with relevant / specific banking experience.
Broad understanding of banking practice.
Sound knowledge of Generally Accepted Accounting Principles and IFRS Accounting Policy.
Skill / Competencies:
Good interpersonal and communication skills.
An eye for detail and accuracy with a strong analytical capability.
High level of computer literacy is required.
