Tax and Audit Officer at Petrogap Oil and Gas Limited

Job Summary

The Tax and Audit Officer is responsible for all tax planning, tax management, compliance, and audit functions of the organization. The role ensures full compliance with statutory regulations, coordinates external and internal audits, manages tax risks, and advises management on tax strategies to improve financial efficiency and compliance.

Key Responsibilities:

Tax Management

• Ensure timely and accurate preparation and filing of all tax returns (CIT, VAT, PAYE, WHT, etc.).
• Develop tax planning strategies to optimize tax liabilities within legal bounds.
• Monitor changes in tax laws and assess their impact on the company’s operations.
• Liaise with tax authorities and external tax consultants to resolve tax issues or audits.
• Maintain proper documentation of all tax transactions and correspondence.

Audit Oversight

• Plan and coordinate internal and external audit processes.
• Liaise with external auditors to ensure timely and accurate completion of statutory audits.
• Review and assess internal controls and recommend improvements.
• Investigate audit findings and implement corrective actions.
• Prepare and present audit reports to senior management.

Compliance and Risk Management

• Ensure compliance with all applicable local and international financial regulations.
• Identify and assess areas of financial risk and recommend mitigating measures.
• Maintain up-to-date knowledge of industry and regulatory developments.

Qualifications & Experience

• Bachelor’s degree in Accounting, Finance, or a related field.
• Professional certification (e.g., ACA, ACCA, ICAN) is required.
• Minimum of 2–4years’ experience in tax and audit.
• Experience in the oil & gas or manufacturing industry is an added advantage.

Skills & Competencies

• In-depth knowledge of Nigerian tax laws and regulations, especially those applicable to the oil and gas industry .
• Strong understanding of audit standards and procedures.
• Excellent analytical and problem-solving skills.
• High level of integrity and attention to detail.
• Strong communication and interpersonal skills.
• Proficiency in accounting and ERP software (e.g., SAP, Sage, QuickBooks).