Job title: Tax & Treasury Manager
Company: PepsiCo
Job description: Overview:Centre of Excellence on all Tax & Treasury matters for Nigeria. Role holder is responsible for the application of policy and governance over Tax & Treasury process including but not limited to internal and external submissions as well as local statutory and regulatory requirements (Taxation Laws, Tax planning, Reporting and Tax return processes etc.).Lead the Nigeria MU cash flow agenda including governance over the cash flow process, accurate balance sheet reporting, co-ordination of AOP / Forecast deliverables and timelines, supporting business teams with cash flow project definition as well as monitoring of implementation of actions to achieve cash flow deliverablesControl Lead for all Tax & Treasury aspects of business initiatives and projects to ensure control and governance deliverables are proactively incorporated and successfully delivered. Responsibilities:· Provide on-going leadership, governance, monitoring, reconciling and administering of the Tax & Treasury process to achieve all targets set (AOP and other non-financial targets) within the financial control mandate. Specific focus:Ø Taxation Management:o Consolidate and deliver timely, accurate and reliable tax calculations / data including monthly FAS109 disclosures, quarterly and annual tax submissions to the Regiono Preparation of data for Corporate Tax for Nigeriao Manage all tax returns, tax requests and tax audits from all tax authoritieso Ensure Nigeria Tax Returns and coordinate the review by an external audit firm before submissionso Manage tax risks and exposures arising from existing and new operations for Nigeriao Review all drafts to legislation, ensuring compliance to the Tax Lawso Understand, document and communicate potential tax risks including but not limited to uncertain tax positions and provisions under FIN 48 to key stakeholderso Develop networks and initiate discussions / meetings with external consultants and government departments to obtain insights and alignment on potential savings for the companyo Partner with PepsiCo Corporate Tax and external Tax consultants in relation to emerging Tax laws, identify and implement optimum tax planning arrangements for Nigeriao Drive productivity through understanding and exploring all potential tax savings available to Nigeria including project definition and leadership to deliver Tax savingso Manage the tax audit for purposes of Annual Financial Statements and ensure accurate presentation and disclosure of taxation in the Annual Financial Statements year on yearØ Treasury Management:o Lead the Accounts Payable process for the MUo Ensure all vendor reconciliations are done as per the agreed frequencyo Co-ordinate and consolidate Cash Flow AOP / Forecast deliverables and timelineso Ensure monthly cash flow forecasts and presentations are completed and are reviewed by MU leadershipo Ensure all cash flow submissions deadlines to Sector/Corporate are meto Forecast weekly / monthly cash requirements to identify and execute weekly / monthly financing and investment decisionso Support business teams with cash flow project definitions as well as monitoring of implementation of actions to achieve cash flow deliverableso Manage all the treasury activities and coordinate with corporate treasury to ensure that all submissions are done in compliance with corporate treasury requirementso Liaise with Corporate Treasury regarding planning and execution of equity injectionso Manage relationships with banks and serve as point of contact and co-ordination between business teams and bankso Drive banking projects including upgrades and migrations to ensure business process optimization and productivity is achievedo Ensure that all company banking platform users have correct access to banking platforms and all queries with the banks are resolvedØ Financial Reporting:o Ensure timely execution of monthly Tax & Treasury deliverables as part MU Financial Reporting process including HFM submissions and required reconciliationso Review and sign-off other bank account reconciliations owned by other sub functions (e.g. cash collections departments)o Consolidate and present Tax & Treasury inputs / performance in Balance Sheet Reviewo Manage the accounting and recording of financial transactions in accordance with US GAAP and IFRS which have impact on taxation calculations for both US and local statutory submissionso Provide a Tax & Treasury lenses on the implementation of new accounting policies and advise the relevant stakeholders of changesØ Projects & Ad Hoc Tasks:o Perform projects and participate in business initiatives as directed by the Control & Reporting Directoro Ad hoc analysis of tax treatment of aspects in line with relevant accounting and PepsiCo Policieso Lead Tax & Treasury aspects of business initiatives and projects to ensure control and governance deliverables are proactively incorporated and successfully deliveredo Key role player in supporting internal cash flow initiatives as well as Sector wide projectso Develop and Maintain relevant Tax & Treasury models, check files and presentationsØ People Management:o Motivate, coach and lead direct report(s) within the Tax & Treasury team to achieve highest standards of excellenceo Responsible for managing and developing the Tax & Treasury team and monitoring performance through regular performance reviewsQualifications:
- Chartered Accountant with excellence in accounting academically
- Knowledge of Income Tax Act, Transfer Pricing, VAT Act and Companies Act
- Knowledge of IFRS and US GAAP regulations
- Knowledge of exchange control regulations
- Knowledge of Operating Cash Flow
- 5-8 years to include post articles experience
- People management experience of 3-5 years
“PepsiCo is an Equal Opportunity Employer in line with the Employment Equity Act”
Expected salary:
Location: Lagos, Lagos State
Job date: Thu, 14 Aug 2025 02:24:28 GMT
Leave a Comment