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 hiring for:

Job Title: Tax Analyst.

Location: Lagos.
Contract 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 with respect to 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 opinions 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.

 

Method of Application

Qualified candidates who are interested should:
Click here to apply online

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