Finance Analyst (Treasury & Tax)

Role Summary

• The Finance Analyst (Treasury & Tax) is responsible for supporting the organisation's treasury operations and tax compliance activities, including cash flow monitoring, liquidity management, banking transactions, tax computations, and statutory filings.
• The role helps ensure that funds are managed effectively, financial obligations are met on time, and treasury and tax records are accurate and up to date.
• Working closely with the Finance and Accounting team and relevant external parties, the role supports financial planning, risk management, regulatory compliance, and informed business decision-making.

Key Responsibilities

Treasury and Cash Management

• Monitor daily cash positions, bank balances, cash movements, and liquidity requirements to ensure funds are available for operational needs.
• Prepare and maintain short- and medium-term cash flow forecasts and treasury reports to support financial planning and decision-making.
• Coordinate and monitor banking transactions, including payments, transfers, receipts, and other treasury-related activities, in line with approved procedures.
• Perform regular bank reconciliations, investigate discrepancies, and follow up on outstanding items to ensure timely resolution.
• Track loan facilities, financing arrangements, interest charges, repayment schedules, and other banking obligations, where applicable.
• Monitor foreign exchange transactions and exposures, where applicable, and report material movements or risks to the Finance lead.
• Maintain accurate treasury records and supporting documentation and recommend improvements to treasury processes and controls.

Tax Compliance and Reporting

• Prepare and review tax computations, returns, schedules, and supporting documentation in accordance with applicable Nigerian tax laws and regulatory requirements.
• Coordinate the timely filing and remittance of applicable taxes, including Company Income Tax (CIT), Value Added Tax (VAT), Withholding Tax (WHT), Pay-As-You-Earn (PAYE), and other relevant statutory taxes and levies.
• Maintain an up-to-date tax calendar and monitor filing deadlines, payment dates, and outstanding tax obligations.
• Reconcile tax balances and transactions against accounting records, investigate variances, and ensure appropriate documentation is retained.
• Monitor changes in tax legislation and regulatory guidance and communicate relevant implications to the Finance and Accounting lead.
• Support tax planning and compliance initiatives by identifying potential exposures and legitimate opportunities for tax efficiency.
• Liaise with tax authorities, external tax advisers, and auditors on tax-related queries, assessments, reconciliations, and audits as required.

Financial Control, Reporting and Collaboration

• Prepare periodic treasury and tax reports highlighting cash positions, forecast movements, statutory obligations, compliance status, and identified risks.
• Support month-end and year-end closing activities by providing accurate bank reconciliations, tax schedules, and related financial information.
• Provide treasury and tax records, reconciliations, and supporting documentation for internal and external audits.
• Ensure treasury and tax activities comply with internal policies, delegated approval limits, financial controls, and applicable reporting requirements.
• Work collaboratively with Finance and Accounting and other departments to support timely payments, accurate transaction coding, and appropriate tax treatment.
• Identify opportunities to improve treasury processes, tax administration, reporting accuracy, and the use of accounting systems and technology.

Technical Skills

• Good understanding of treasury operations, cash flow forecasting, liquidity management, bank reconciliations, and payment processes.
• Working knowledge of Nigerian tax compliance requirements, tax computations, statutory filing procedures, and remittance obligations.
• Proficiency in Microsoft Excel and familiarity with accounting software or ERP systems such as Sage Accounting.
• Ability to analyse financial data, reconcile balances, investigate variances, and prepare accurate reports.
• Strong attention to detail and understanding of internal financial controls, documentation, and audit requirements.
• Good written and verbal communication skills and the ability to liaise professionally with internal teams, banks, auditors, and tax advisers.

Key Requirements

Qualifications

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

Work Experience

• 4-6 years of relevant experience in treasury, tax, financial accounting, or a related finance role.
• Experience with bank reconciliations, cash flow monitoring, tax filings, and financial reporting is preferred.

Professional Certification/Affiliations

• Professional qualification or progress toward qualification with ICAN, ACCA, CITN, or an equivalent recognised professional body is an advantage.

Knowledge Requirements

• Knowledge of applicable Nigerian tax requirements, including CIT, VAT, WHT, PAYE, and relevant statutory levies.
• Understanding of cash management, liquidity planning, banking operations, and treasury controls.
• Familiarity with accounting principles, financial reporting, reconciliations, and audit support.
• Proficiency in Microsoft Excel and accounting software or ERP systems; experience with Sage Accounting is an advantage.
• Ability to manage deadlines, maintain accurate records, analyse financial information, and protect confidential financial data.

Competencies Required

• Financial Analysis and Attention to Detail.
• Treasury and Cash Flow Management.
• Tax Compliance and Regulatory Awareness.
• Applying Expertise and Technology.
• Planning and Organising.
• Problem-Solving and Decision-Making.
• Integrity, Confidentiality and Professional Judgement.
• Writing, Reporting and Communication.
• Working with People and Stakeholder Management.
• Initiative and Continuous Improvement.