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.
Application Closing Date
24th September, 2024.
How to Apply
Interested and qualified candidates should:
Click here to apply online