Are you ready to take your tax expertise to a leading company in Nigeria’s oil and gas sector? Rainoil Limited, a prominent player in the downstream oil and gas industry, is hiring a Tax Analyst to join its team in Lagos.
If you have a knack for tax compliance, analysis, and strategy, this role could be your next big career move.
Keep reading to learn more about the responsibilities, qualifications, and how you can apply!
About Rainoil Limited
Rainoil Limited is an integrated downstream oil and gas company that operates across the entire value chain. The company’s main business activities include petroleum product storage, haulage/distribution, and retail sales. Rainoil’s core products are:
- Petrol (PMS)
- Diesel (AGO)
- Kerosene (DPK)
As a trusted name in Nigeria’s oil and gas sector, Rainoil has earned a reputation for reliability and innovation. Joining their team as a Tax Analyst means becoming part of a dynamic organization that values excellence and professional growth.
What Does a Tax Analyst at Rainoil Do?
As a Tax Analyst at Rainoil Limited, your role will be critical in ensuring the company’s compliance with Nigerian tax regulations, international tax laws, and industry-specific tax requirements.
You will be responsible for managing the company’s tax matters, optimizing tax strategies, and supporting various departments on tax-related issues.
Here’s a breakdown of your key responsibilities:
1. Tax Compliance
You will analyze taxes and collaborate with various departments to ensure compliance with both local and national tax laws. This includes:
- Preparing tax returns and reviewing documents for accuracy and completion.
- Managing compliance with industry-specific taxes, such as Petroleum Profits Tax (PPT) and royalties.
2. Tax Planning and Strategy
In this role, you’ll also contribute to the company’s tax strategy by:
- Implementing tax-efficient strategies for capital investments and transactions.
- Assisting with tax forecasting and budgeting to minimize Rainoil’s tax liabilities while ensuring full compliance.
3. Audit and Reporting
Your expertise will be essential in navigating tax audits, where you will:
- Assist in tax audits and address tax authorities’ audit-related queries and reconciliations.
- File necessary tax audit documents and ensure the timely processing of required tax reports.
4. Collaboration and Support
Tax isn’t a solitary function at Rainoil. You’ll work closely with the finance and accounting teams to:
- Reconcile tax accounts and ensure the accuracy of financial reporting.
- Collaborate with various business units to provide guidance on the tax implications of contracts, agreements, and joint ventures.
5. Tax Advisory
Rainoil values its employees’ insights, and as a Tax Analyst, you’ll provide valuable advisory opinions on tax risks and opportunities, particularly within the oil and gas sector. You’ll also ensure compliance with Nigerian Local Content Development requirements where applicable.
Skills and Competencies You’ll Need
To succeed as a Tax Analyst at Rainoil, you’ll need to bring certain skills and knowledge to the table. Some of the key competencies for this role include:
- In-depth knowledge of Nigerian tax laws, especially those specific to the oil and gas industry, such as Petroleum Profits Tax.
- Familiarity with international tax practices, tax treaties, 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 skills and the ability to problem-solve efficiently.
Qualifications
Here’s what Rainoil is looking for in their ideal candidate:
- A Bachelor’s degree in Accounting, Finance, Economics, or a related field.
- Relevant professional certifications (e.g., ICAN, ACCA, CITN) are preferred but not required.
- At least 2+ years of experience in tax analysis, preferably within the oil and gas or energy sectors.
- A solid understanding of Nigerian tax regulations and familiarity with FIRS processes.
How to Apply
Ready to take the next step? Here’s what you need to know:
- Application Deadline: 24th September 2024
- How to Apply: If you meet the qualifications, click here to send your application online.
Make sure to include your resume and use Tax Analyst and Lagos as the subject of your email.