Tax and Audit Manager 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:

Job Title: Tax and Audit Manager

Location: Victoria Island, Lagos
Employment Type: Full-time

Core Job Responsibilities - Tax / Audit
Tax:

• Prepare tax returns and facilitate payments, including suggestions for payment plans.
• Design an annual tax plan aligned with the company’s goals.
• Research, estimate, and track tax returns.
• Prepare and complete monthly, quarterly, and annual tax reports.
• Manage, organize, and update the company’s tax database.
• Recommend tax strategies and methods to manage taxes in alignment with business objectives.
• Prepare necessary paperwork for tax payments and returns.
• Share financial data with the accounting department.
• Identify tax savings opportunities and suggest ways to increase profits.
• Monitor industry trends and track changes related to taxes.
• Liaise with internal and external auditors.
• Forecast tax predictions to management.
• Ensure compliance with regulators (federal, state, or local authorities).
• Resolve complicated tax issues or errors from incorrect tax filings.
• Advise management about the impact of tax liabilities and corporate strategies or new tax laws.

Audit:

• Audit financial statements and assess books of account to ensure accuracy and regulatory compliance.
• Review internal control systems, perform walkthrough processes, and analyze financial records and transactions.
• Design the auditing process in line with common standards of practice, company policies, business goals, and industry regulations.
• Identify risk areas in departmental operations and processes.
• 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 during audits, listing data sources and detailing conclusions after investigations.
• Develop new best practices within the company to increase accuracy and integrity.
• Participate in professional development to maintain a high level of knowledge and expertise in the field.
• Maintain confidentiality and security of sensitive information.

Qualifications

• Minimum of a BSc degree, with a First Class or 2:1 grade in Accounting, Economics, Finance, or a relevant subject.
• A minimum of 3+ years of experience as a Tax/Audit Accountant.
• Industry certification (ICAN, ACCA, ACA).
• Proficiency with commercial tax and accounting software.
• QuickBooks proficiency.

Requirements and Skills:

• At least 3 years of working experience as a Tax and Audit Accountant, Tax Analyst, or Auditor.
• Knowledge of accounting and bookkeeping procedures.
• Familiarity with accounting software packages.
• Proficiency in MS Excel and other relevant computer tools.
• Excellent analytical and time management skills.
• Strong numeracy skills.
• Keen attention to detail.
• Organized and detail-oriented.
• Strong communication skills and good interpersonal abilities.
• Ability to thrive in a fast-paced environment with challenging work.
• Good multitasking skills.

Person Specification:

• Age: 26 - 40 years
• Sex: Male or Female
• Grade Level: Junior - Mid Management.

Remuneration
Competitive, with quarterly bonuses.

Application Closing Date
5th February, 2025.