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.