Job Description
A downstream oil and gas company is in need of a tax accountant with minimum of 7 years of experience
The Tax / Inter-Company Account Analyst is responsible for handling all tax related matters; tax planning; liaising with the tax consultants on issues bordering on tax queries from the tax authorities; ensuring that every unit complies with the tax policies; advising management on the tax implications of business decisions and strategies and providing expert guidance on tax-related matters.
Responsibilities:
- Secure WHT certificates for offset/recovery against income tax obligations within the financial year and before year-end tax returns for the period are filed with the tax authorities
- Prepare and file periodic federal, state, or local tax returns (- PAYE, WHT, Corporation tax, ITF, etc) as required, by due dates to avoid penalties
- Coordinate audits by various taxation authorities – IFRS, LIRS, ITF, etc and negotiate with tax authorities over tax payment issues.
- Ensure all departments comply with all relevant tax laws: PAYE, VAT, WHT, Capital gains tax
- Ensure reconciliation of all tax account, VAT, WHT, VAT output tax, VAT input tax and withholding tax on customers accounts.
- Review such accounts monthly to ensure all postings to the general ledger are accurate.
- Daily process intercompany transactions to ensure that company books are up to- date
- Receive and verify intercompany invoices before booking.
Requirements:
- Bachelor’s degree in Accounting, Finance or related field is required
- Professional qualification in Accounting or Tax e.g. ACA, ACCA, ACTI is mandatory
- MBA or Masters degree in Accounting, Finance, Business or related field is an advantage