Tax and Audit Officer

at  Petrogap Oil and Gas Limited

Petrogap Oil and Gas Limited was incorporated as a response to the emerging trends in the dynamic Oil & Gas industry. We are a wholly indigenous company and registered player in the Upstream, Midstream and Downstream sectors of the Oil & Gas industry.
We are recruiting to fill the position below:

QUALIFICATIONS

• Minimum of BSc degree, First Class or 2:1 grade in Accounting, Economics, Finance or relevant subject;
• A minimum of 5+ years of experience as a Tax / Audit Accountant
• Industry certification (ICAN, ACCA, ACA).
• Proficiency with commercial tax and accounting software
• Quick Books proficient

Requirements and Skills:

• At least 5 years of work experience as a Tax and Audit Accountant, Tax Analyst, or Auditor
• Knowledge of accounting and bookkeeping procedures
• Familiarity with accounting software packages
• Computer literacy (MS Excel in particular)
• Excellent analytical and time management skills
• Strong numeracy skills
• Keen attention to detail
• Organizedanddetail-oriented

Tax:

• Prepare tax returns and facilitate payments including suggestions on payment plans
• Design an annual tax plan in line with the company’s goals
• Research, Estimate, and track tax return
• Prepare and Complete monthly, quarterly, and annual tax report
• Manage, Organize, and update the company’s tax database
• Identify tax savings and suggest ways to increase profit
• Follow industry trends and track changes related to taxes
• Liaise with internal and external auditor
• Forecast tax predictions to Management
• Recommend tax strategies and methods required to manage taxes, that align with the business goal
• Prepare necessary paperwork for tax payments and return
• Share financial data with the accounting department
• Ensure compliance with regulators either federal, state, or local authorities
• Find tax solutions to complicated tax issues or errors from incorrect tax filing
• Advise Management about the impact of Tax liabilities and corporate strategies or new tax laws.

Audit:

• Audit of financial statements and assessment of the books of account to ensure accuracy and regulatory compliance.
• Reviewing internal control systems performing walkthrough processes and analysing financial records and transactions.
• Design the auditing process using common standards of practice, company policies, business goals, and industry regulations.
• Indicate and identify risk areas in each departmental operations and process
• Analyze adherence to budgetary standards and guidelines using financial data and balance sheets.
• Review all financial materials and procedures to spot errors, inefficiencies, or instances of misuse.
• Document all internal processes within an audit; list all data sources; detail all conclusions after an investigation.
• Work to develop new best standards of practice within the company to increase accuracy and integrity.
• Maintain a high level of knowledge and expertise within the field by participating in professional development.
• Keep all sensitive information confidential and secure.