Job Title: Tax Analyst
Location: Victoria Island, Lagos
Job Schedule: Full time
Job Category: Tax
About Weatherford Nigeria:
Weatherford is one of the largest multinational oilfield service companies providing innovative solutions, technology and services to the oil and gas industry. The Company operates in over 90 countries and has a network of approximately 800 locations, including manufacturing, service, research and development, and training facilities.
Job Decription:
- The Tax Analyst will be responsible for ensuring the company complies with all tax laws and regulations while optimizing the company’s tax liabilities.
- This role requires performing accurate tax computations, handling tax filings, supporting audits, and providing advisory on tax implications for business decisions.
- This position reports to the Tax Manager and is an integral part of the Finance and Accounting function.
Job Role & Responsibilities:
Tax Compliance and Filing:
- Prepare and file accurate and timely returns for:
- Corporate Income Tax (CIT)
- Value Added Tax (VAT)
- Pay-As-You-Earn (PAYE)
- Withholding Tax (WHT)
- Ensure compliance with deadlines and monitor changes in tax laws
- Reconcile tax liabilities and remittances with the general ledger
Income Tax Computation:
- Calculate monthly and annual corporate income tax liabilities.
- Verify tax computations prepared by external consultants (if applicable).
Tax Planning and Advisory:
- Assist in tax forecasting and planning to minimize liabilities while remaining compliant.
- Evaluate the tax implications of business transactions and contracts.
- Provide support on transfer pricing, withholding tax recovery, and other advanced tax matters.
Audit and Tax Authority Support:
- Prepare schedules and respond to queries during tax audits or investigations.
- Maintain relationships with tax authorities and ensure prompt resolution of disputes.
- Assist in preparing objection letters for incorrect assessments or penalties.
Record Keeping and Documentation:
- Maintain organized and comprehensive tax records for all filing years.
- Ensure easy retrieval of documents for audits and compliance reviews.
- Regularly update tax payment trackers and reconciliation files.
Stakeholder Collaboration:
- Work closely with finance, accounting, and payroll teams to align tax computations and entries.
- Provide advisory to business units on tax implications of their operations.
- Partner with external tax consultants where necessary for specialized support.
- Tracking and Provision of WHT credit certificates from clients/ to vendors
Continuous Improvement:
- Identify and recommend areas for tax process improvements and automation.
- Participate in tax compliance training programs or workshops.
- Contribute to the development of internal tax policies and procedures.
Requirements:
- Bachelor’s Degree in Accounting, Finance, Economics, or a related field.
- 2-4 years of experience in a tax role, preferably in a corporate or consulting environment.
- Strong understanding of local tax laws (e.g., CIT, VAT, PAYE, WHT) and IFRS.
- Proficiency in Microsoft Excel and accounting/tax software.
- Exposure to corporate income tax computations, deferred tax, and tax reconciliations.
Knowledge, Skills & Abilities:
- Self-starter takes ownership of projects and requires minimal supervision.
- Strong organizational skills and attention to detail Effective communication skills to interact with tax and non-tax personnel, team player.
How to Apply:
Interested and qualified candidates should click on ‘Apply now’ below.
