Unlock Your Potential: Become a Tax / Treasury Specialist at Integrated Dairies Limited (IDL)

Are you a meticulous finance professional with a passion for tax compliance, treasury management, and robust financial reporting? Integrated Dairies Limited (IDL), a pioneer in Nigeria's dairy industry, invites highly skilled and dedicated individuals to join our dynamic team as a Tax / Treasury Specialist. This is an exceptional opportunity to contribute to a company with a rich history of producing and processing fresh milk and dairy products, operating from a state-of-the-art facility in Vom, Plateau State.

About Integrated Dairies Limited (IDL)

Established in April 2003, IDL has consistently been at the forefront of dairy production in Nigeria. Our expansive 550-hectare facility, nestled within the National Veterinary Research Institute (NVRI) in Vom, Plateau State, leverages the region's excellent conditions for animal husbandry to deliver high-quality dairy products. Joining IDL means becoming part of a legacy of excellence and innovation in agribusiness.

The Role: Tax / Treasury Specialist

This pivotal role is designed for a proactive and detail-oriented professional who will be instrumental in safeguarding IDL's financial health and regulatory compliance. As our Tax / Treasury Specialist, you will manage crucial aspects of our financial operations, ensuring accuracy, efficiency, and strategic foresight.

Key Responsibilities Include:

Tax Management:

Overseeing monthly computation and timely remittance of statutory obligations including VAT, WHT, PAYE, NSITF, ITF (quarterly), and pension.
Proactively monitoring changes in tax legislation and assessing their potential impact on the organization.
Actively assisting in the development and implementation of tax planning strategies to optimize the company’s tax position.
Maintaining precise and comprehensive tax records and documentation.
Preparing tax provisions, deferred tax calculations, and related financial disclosures with utmost accuracy.
Ensuring the timely payment of outstanding taxes and supporting tax audits.
Liaising effectively with external tax advisors and tax authorities to ensure compliance and resolve issues.

Treasury Management:

Managing daily cash operations, including meticulous monitoring of cash balances, efficient funds transfers, and streamlined payment processing.
Preparing accurate short-term and long-term cash flow forecasts to support strategic liquidity planning.
Nurturing and managing banking relationships, handling account openings, closures, and signatory updates.
Monitoring foreign exchange exposure and assisting in the formulation of hedging strategies (e.g., forward contracts, swaps).
Overseeing and managing intercompany loans, borrowings, and investment activities.
Ensuring strict compliance with internal treasury policies, covenants, and regulatory requirements.
Preparing insightful treasury reports and detailed analyses for management review.

Fixed Asset Management:

Maintaining and updating the Fixed Assets Register (FAR), ensuring all additions and disposals are accurately posted into GL accounts and fully aligned with the GL.
Ensuring items capitalized adhere to the capitalisation policy and reconciling Capital WIP with GL balances.
Accurately recording and amortizing intangible assets and right-of-use assets.
Developing and maintaining depreciation schedules in line with applicable accounting standards.
Coordinating periodic physical verification of fixed assets, investigating and resolving discrepancies, and ensuring proper asset tagging and tracking.
Ensuring compliance with accounting standards such as International Financial Reporting Standards (IFRS) or Generally Accepted Accounting Principles (GAAP).
Ensuring weekly updates and reconciliation of total cards on the ERP system.
Performing meticulous reconciliation of foreign bank accounts and loan accounts.
Contributing to the review of management accounts and undertaking other financial tasks as assigned.

Who We Are Looking For:

To excel in this role, you should possess a strong foundation in finance and accounting, coupled with practical experience and a keen eye for detail:

Education: A Bachelor’s degree in Finance, Accounting, or a closely related field.
Professional Certifications: Professional certifications such as ACCA, ICAN, or equivalent are a significant advantage.
Experience: 3 – 6 years of relevant, hands-on experience in a similar role.
Technical Acumen: Proficiency in preparing Financial Statements and expertise in Financial Reporting. A deep understanding of Finance principles is essential.
Software Skills: Proficiency in accounting software (e.g., SAP, Oracle, QuickBooks) and treasury management systems (TMS).
Compliance Knowledge: Familiarity with statutory remittance processes and compliance frameworks is highly preferred.
Core Competencies: Strong analytical, problem-solving, and organizational skills.
Communication: Excellent communication skills for effective collaboration with team members and stakeholders.
Work Ethic: Detail-oriented, proactive, and capable of meeting stringent deadlines.

Why Join IDL?

At Integrated Dairies Limited, you will be part of a forward-thinking company that values expertise, innovation, and dedication. We offer a stimulating work environment where your contributions directly impact the company's financial stability and strategic growth. This role provides an excellent platform for professional development and the opportunity to make a significant mark in a leading agribusiness.