Reports to : Manager Tax and Statutory Obligations
Supervisees No : Tax Accountant
Accounts Assistant
Supervisees No : 2 Staff
Department : Finance
Duty Station : Head Office

Job Purpose
To ensure compliance with tax laws, regulations and statutory requirements by preparing and reviewing tax returns, statutory filings and related financial reports. The role also involves optimizing tax planning strategies while ensuring accurate and timely reporting to maintain regulatory compliance and minimize risks.

Impact: The job holder is responsible for UEDCL’s adherence to tax and statutory obligations, mitigating compliance risks and avoiding penalties. By implementing efficient tax planning and reporting practices, the position contributes to the organization’s financial sustainability and reputation

Key Result Areas
1. Prepare and review tax returns, including VAT, corporate tax, PAYE, and withholding tax, ensuring accuracy and compliance with tax laws
2. Conduct periodic reconciliations of tax accounts, resolving discrepancies promptly
3. Monitor changes in tax regulations and advise on their implications for the company
4. Oversee the preparation of statutory financial reports in compliance with regulatory and accounting standards
5. Ensure timely submission of statutory filings, including annual returns and compliance certificates
6. Liaise with regulatory authorities and auditors to address statutory compliance matters
7. Identify opportunities for tax optimization and provide recommendations to management
8. Collaborate with the Manager Tax and Statutory Obligations to develop and implement tax-efficient strategies
9. Provide technical tax advice and support to internal stakeholders
10. Supervise and mentor the Tax Accountant and Accounts Assistant, ensuring accuracy and efficiency in their work
11. Conduct performance appraisals, provide feedback, and identify training needs for the team
12. Coordinate with internal and external auditors to provide documentation and clarification on tax and statutory matters
13. Address audit findings and implement corrective actions to improve compliance practices
14. Evaluate and enhance tax reporting processes to improve efficiency and accuracy
15. Leverage technology to streamline statutory and tax reporting systems.

Expected Output
1. Tax Compliance and Reporting
2. Statutory Reporting
3. Tax Planning and Advisory
4. Team Leadership and Development
5. Audit Support
6. Process Improvement.

Person Specifications
Academic Qualifications
• Bachelor’s degree in accounting, Finance, or a related field
• Professional certification or affiliation with ICPAU, ACCA, or equivalent
• In-depth knowledge of tax laws, statutory regulations, and accounting standards (e.g., IPSAS).

Experience
• At least 5 years of experience in tax accounting, statutory reporting, or financial accounting
• Experience in the energy or utility sector is highly desirable
• Proven experience in supervising teams and managing complex compliance processes.

Competencies
• Comprehensive understanding of tax regulations and statutory reporting requirements
• Strong analytical and problem-solving skills
• Advanced proficiency in MS Excel and accounting systems
• Excellent attention to detail and accuracy in reporting
• Effective communication and stakeholder management skills
• Leadership and team management abilities
• Ability to work under pressure and meet strict deadlines.

Working Environment
The job may involve working for extended hours during peak periods and interacting with external stakeholders such as the Regulator or Revenue Authority to provide clarity on the company’s position and any statutory obligations.

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