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  • Treasury & Tax Accountant at Sahara Group

  • Posted on: 11 June, 2019 Deadline: Not Specified
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  • Asharami Energy Limited, a Sahara Group Company, is an oil exploration and production company with a strategy to deliver long term and sustainable growth.

    Treasury & Tax Accountant


    Location: Ikoyi, Lagos
    Job Type: Full Time
    Level: Entry

    Purpose Statement

    • To ensure an effective custody and management of all company funds through complete documentation of all bank and cash transaction and reconciliation of Bank and Petty Cash balance in the General ledger.
    • To ensure tax remittances and statutory payments are properly accounted for, remitted and filed in order to prevent penalties

    Key Deliverables
    Payment Processing:

    • Makes all payment for Asharami Energy- writes and issues cheques, prepares telegraphic transfer instructions (Naira and Foreign currency), maintains and administers petty cash (Nigeria and foreign currency)
    • Monitors and processes banking transactions in collaboration with the Management and Project Accountant
    • Liaison with various banks where company accounts are maintained.
    • Enforces policies, procedures and internal controls related to bank and cash operations.
    • Prepares and submits a daily cash report for all bank accounts. This details Asharami Energy’s cash positions in all banks.
    • Assists with cash flow planning so that all debt payment and other obligation are paid timely and ensure accurate and timely transfer of funds to meet foreign payment obligations.
    • Collection and receipting of all crude proceeds and cash calls received by  Asharami Energy
    • Ensure safety and security of all cash and cheques by putting them in the safe at the close of business on a daily basis.
    • Handling of Treasury related queries.


    • Monthly bank reconciliation and preparation of bank reconciliation statements for all bank accounts assigned-Naira and Dollar.
    • Timely remittance and reconciliations on remittances made with Tax authorities

    Tax Remittances:

    • Timely payment and filing of statutory payments (WHT; PPT; CIT; NCD and VAT) for all Asharami Energy subsidiaries
    • Filing of Transfer pricing for all upstream companies

    Minimum Qualifications/ Experience

    • Accounting Graduate with 3 years of  work experience in similar role
    • Relevant Professional Qualification ACA, CIMA, ACCA with a minimum of final stage in Professional Examinations.


    • Good knowledge of personal computers and proficiency in MS-Office applications.
    • Basic knowledge of banking operations.
    • Basic knowledge of tax remittance rates and deadlines
    • Good interpersonal skills.
    • Multi-tasking and coordination.

    Personality Traits:

    • Amiable
    • Attention to detail
    • Willingness to learn
    • Analytical.

    Working Relationships:

    • Finance Manager
    • Management Accountant
    • Banks
    • Tax authorities
    • Vendors.

    Method of Application

    Use the link(s) below to apply on company website.

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