Payroll / Tax Accountant at Deep Blue Energy Services Limited

Description

• The Payroll /Tax Accountant is responsible for providing and ensuring the accuracy of payroll reports and time sheets.
• He /She is to coordinate monthly payroll activities, develop and implement effective and robust internal control systems around payroll and taxes and liaise with the Internal audit department for implementation.
• The Payroll/Tax Accountant is to ensure payroll is run in compliance with company policy, accounting standards, legal and SOX requirements; While support Payroll System Assurance Process (DR testing, Backup Restore).

Key Responsibilities

• Manage Payroll interfaces with HR, Treasury and Banks, Governmental Agencies (Tax authorities, Pension Fund Administrators, and Insurance, Industrial Training Fund etc.).
• Manage 3rd party payments (Cooperatives, Workers’ Union).
• Manage Employee Contributory/Voluntary Pension Scheme
• Manage employee tax payment (PAYE), tax returns and tax relief claims.
• Process and report ex-staff final payment/indebtedness.
• Manage employees expense claim, floats and deductions
• Manage control issues and resolves escalations.
• Manage Payroll Accounting in the Accounting system.
• Ensure proper accounting treatment of all pay elements.
• Ensure company policies and salary regime are correctly implemented.
• Provide timely, reliable and fit for purpose payroll management information.
• Ensure compliance with JOA, and all related agreements, government and third party
• Manage information security in payroll processes.
• Compute Petroleum profits tax and CIT
• Perform year-end accrual review and prepare the tax provision.
• Prepare PPT returns.
• Assist in federal and state tax audits.
• Maintain tax preparation system.
• Provide an information source in the tax area within the company
• Record fixed asset acquisitions and dispositions in the accounting system.
• Conduct periodic reviews of the fixed asset schedule to determine dispositions.
• Reconcile the balance in the fixed asset subsidiary ledger to the general ledger.
• Run depreciation for all fixed assets.
• Prepare audit schedules relating to fixed assets, and assist the auditors in their inquiries.

Other Responsibilities:

• Monitor system performance as business requirements, identify system deficiencies, prepare feasibility analysis and liaise with Business Unit heads to implement required system enhancements.
• Prepare/Review other various tax filings: Annual reports.
• Conduct periodic reviews of the fixed asset schedule to determine dispositions.
• Finance professional with broad experience in Finance, with at least 3+ years in a similar position.
• Good (multidisciplinary) team leadership and networking skills.
• Must be PC versatile and can pay attention to details.
• Must be up-date with company and fiscal policies on staff remuneration
• Results & deadlines focused.
• Knowledge of Financial Controls.
• Strong on controls; strong team player.
• Ability to Influence staff and peers to deliver targets within deadlines.
• Ability to manage diverse set of priorities and deliverables.

Qualifications

• University Degree in Accounting (Second class division). Distinction in HND may be considered.
• Professional qualification (ACCA/ ICAN) is an added advantage.
• Professional qualification CITN would be an added advantage.

Preferred Skills:

• Leadership - Awareness
• Personal and Business - Awareness/ Knowledge
• Functional Finance Leadership - Knowledge
• Financial Risk Management - Knowledge
• Governance, Risk Management and Internal Controls - Knowledge
• Accounting Operations - Awareness
• Treasury Operations - Awareness
• Management Information (MI) and Decision Support - Skill.

Requirements:

• Gender: Does not matter
• Age: 25 Years 55 Years
• Highest Education: Minimum Education University
• Experience: Minimum Experience 5 Year
• Other experience:  A minimum of 5 - 8 years of working experience in similar role
• Career Level: Experienced (Non-Manager).