Tax Analyst at Rainoil Limited

Rainoil Limited is an integrated downstream oil and gas company. A prominent player in the Nigerian industry, the company’s operations span across the downstream value chain i.e. Petroleum Product Storage, Haulage/Distribution and Retail Sales. Our primary products include Petrol (PMS), Diesel (AGO) and Kerosene (DPK).

We are recruiting to fill the position below:

Job Title: Tax Analyst

Location: Lagos
Employment Type: Full Time

Job Description

  • The role is Tax responsible for managing and ensuring compliance with the Nigerian tax regulations, international tax laws, and the specific tax requirements of the oil and gas industry.
  • The role will involve tax research, preparing tax returns, assisting with tax audits, and implementing tax strategies to optimize the company’s tax position.

Responsibilities
Tax Compliance:

  • Analyzing taxes and collaborating with other departments to ensure compliance with local and national tax laws .
  • Prepare returns and review documents, check for accuracy and completion .
  • Manage compliance with industry-specific taxes, such as Petroleum Profits Tax (PPT) and royalties.

Tax Planning and Strategy:

  • Suggesting and implementing strategies for tax efficiency in respect of capital investments and transactions .
  • Assist with tax forecasting and budgeting, and work to minimize the company’s tax liabilities while ensuring compliance .

Audit and Reporting:

  • Assist in tax audits and respond to tax authorities on audit-related queries and reconciliations .
  • Ensure filing of tax audit documents and timely processing of required tax reports .
  • Monitor tax legislation changes and assess their impact on the company .

Collaboration and Support:

  • Work closely with the finance and accounting teams to reconcile tax accounts and ensure accurate financial reporting .
  • Collaborate with other business units to provide guidance on tax implications of contracts, agreements, and joint ventures .

Tax Advisory:

  • Provide advisory opinion on tax risks and opportunities within the oil and gas sector .
  • Ensure compliance with Nigerian Local Content Development requirements where applicable.

Key Skills and Competencies:

  • Strong knowledge of Nigerian tax laws, including those specific to the oil and gas industry (e.g., Petroleum Profits Tax).
  • Familiarity with tax treaties, international tax practices, and transfer pricing.
  • Experience with tax audits and dispute resolution with tax authorities.
  • Strong analytical skills and attention to detail.
  • Proficiency with tax reporting software and Microsoft Excel.
  • Excellent communication and problem-solving skills.

Qualifications

  • Bachelor’s degree in Accounting, Finance, Economics, or a related field .
  • Relevant professional certifications (e.g., ICAN, ACCA, CITN) preferred.
  • 2+ years of experience in tax analysis, ideally within the oil and gas or energy sectors .
  • Familiarity with Nigerian tax regulations and FIRS processes.

Deadline: 24th September, 2024.

How to Apply
Interested and qualified candidates should:
Click here to apply online


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