Job Description
Job Objective(s)
- The Position Holder would be responsible for supporting the Head - Tax and Fixed Assets in ensuring total compliance with statutory provisions on taxation, while limiting its tax obligations through the provision of effective tax planning, and reporting compliance mechanisms. He liaises with the consultants and attends to vendors/suppliers on tax related issues.
- (S)He would also be responsible for providing operational support in the maintenance and monitoring of the company's fixed asset register. As part of this responsibility, the Position Holder would be directly responsible for the capture of all fixed assets information as well implementing the selected valuation basis for the proper recording of the relevant financial data associated with their purchase and utilization.
Core Duties and Responsibilities
- Capturing all financial data as regards the procurement and Utilization of company wide fixed assets.
- Maintaining the Fixed Asset register and subsidiary ledgers i.e. Fixed Assets, Incomplete construction.
- Fixed assets verification Calculation of monthly depreciation charge.
- Determination and booking of profit/loss as applicable to fixed assets disposals.
- Secretary to asset disposal committee.
- Prepare and remits monthly VAT, WHT, PAYEE and Pension Contributions to the relevant authorities.
- Liaise with the tax consultants in processing company income tax clearance, staff Electronic Tax Clearance Certificate and in responding to query raised by tax authorities.
- Monitors and reconciles VAT, WHT, Pension, PAYEE and staff loan accounts to the general ledger.
- Monitors the receipt of WHT credit notes for recovery from the company’s tax liability.
- Responds to vendors’ complaints on tax matters that affect their bills.
- Reconciles payroll flow from the sub-ledger to the general ledger.
Requirements
Academic Qualification:
- Bachelor's Degree (preferably in Accounting or Finance).
- Associate membership of either the ICAN or ACCA.
Work Experience:
- 1 - 3 years of experience in an accounting role (preferably within Oil and Gas sector)
Behavioral Competencies:
- Analytical Thinking
- Professional Confidence
- Relationship-Building for Influence
- Communicating Effectively
- Team-work
Functional Competencies:
- Financial Reporting and Compliance
- Management Reporting
- Financial Analysis
- Tax Planning
- Tax Accounting
- Tax Return Preparation and Review
- Transactional Accounting and Closing Processes
Benefits
- Competitive Remuneration
- Health Insurance
- Generous Pension Contribution
- Performance Pay (Discretionary)
- Staff Bus
- Lunch
- Flexi-work (Discretionary)