Tax Accountant Job at Westsons Limited

Westsons Limited - Our client, a reputable Oil & Gas Upstream Company is currently recruiting to fill the position below:

Job Position: Tax Accountant

Job Location: Lagos
Business Type: Upstream Oil & Gas
Department: Finance
Reports To: GM Finance

Job Purpose

• The Tax Accountant will be responsible for the management of all tax-related transactions, contracts and activities in the organisation. In the upstream oil and gas, tax exposures could be significant, therefore the incumbent will advise on a full spectrum of tax services including compliance, contracts reviews and concessions.
• The individual must be up to date on current tax practices and changes in legislation and provide in-depth knowledge as relevant.

Key Roles and Responsibilities

• Responsibility for overall Tax planning to deliver efficiencies to the company.
• Take the lead role in tax due diligence relating to all transactions.
• Petroleum Profits Tax and CITA computations and returns for all Nigerian entities using relevant legislations.
• Manage all tax and regulatory reviews, audits, and investigations on behalf of the company and attend all related meetings (if required).
• Provide a comprehensive report on every tax audit exercise and give regular status updates on tax cases, remittances, levies, fees, payments to agents and consultants.
• Corporation tax computations and returns for all Nigerian entities together with liaison with corporate office on IFRS and other international tax inputs.
• Provide advice, computations and returns for all transaction taxes including VAT, Withholding WHT, Payroll, Levies and other taxes.
• Create and manage tax models and deferred tax computations for all operating entities.
• Provide advice on tax avoidance, minimize tax leakages and avoid tax exposures.
• Proactive management of regulatory bodies (FIRS) and other tax agencies on tax matters.
• Provision of tax guidance and structures to the Board, Finance, C&P and Business teams
• Tax updates to entities on amendments to tax laws/practices.
• Provide advice, computations and returns for royalties, NDDC, ETF and NCDMB (local content).
• Reconcile general ledger entries for tax implications; provide corrective and improvement measures accordingly.
• Ensure adherence of entities to tax laws at all times - compliance, timely filing and remittance of all taxes and levies (such as Expatriate PAYE, VAT, WHT, CIT and levies) within deadlines.
• Alignment of tax reporting to financial reporting.

Minimum Qualifications

• B.Sc / HND in Accounting, Finance or any related field.
• Professional accreditation (ACA, ACCA) and tax qualification.

Work Experience:

• Minimum of 15 years post-graduate experience; inclusive of at least 5 years upstream oil tax experience gained within an accounting firm.
• Preferable tax experience in an upstream oil company.
• Proficient in corporate, individual and petroleum profits taxation
• Previous experience supervising and training staff – on tax matters.
• Knowledge in application of tax rules generally.

Preferred Skills / Prerequisites:

• Excellent verbal and written communication skills
• Strong presentation skills
• Must be highly motivated and experienced in managing multiple matters.
• Advance knowledge in the application of ERP Accounting Systems.
• General Applications: Microsoft Office packages.

Method of Application
Interested and qualified candidates should send their CV to: westsons@westsons.com using the "Job Title" as the subject of the email.