Tax & Audit Executive at Petrogap Oil and Gas Limited

Description
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 returns.
• Prepare and complete monthly, quarterly, and annual tax reports.
• Manage, organize, and update the company’s tax database.
• Recommend tax strategies and methods required to manage taxes, that align with the business goal.
• Prepare necessary paperwork for tax payments and returns.
• Share financial data with the accounting department.
• Identify tax savings and suggest ways to increase profit.
• Follow industry trends and track changes related to taxes.
• Liaise with internal and external auditors.
• Forecast tax predictions to management.
• Ensure compliance with regulators either federal, state, or local authorities.
• Find tax solutions to 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 the 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 using common standards of practice, company policies, business goals, and industry regulations.
• Indicate and identify risk areas in each departmental operation 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.

Qualifications

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

Requirements:

• 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.
• Organized and detail-oriented.