SENIOR TAX AND PAYROLL ACCOUNTANT AT MATRIX ENERGY GROUP

About Company:

Matrix Energy Group is a rapidly growing indigenous and integrated Oil Marketing and Trading Company in Nigeria, which was incorporated November 25, 2004.

Over the years, Matrix Energy has grown from a modest supply and distributions operation to a fully integrated petroleum products marketing and trading company with clients and suppliers all over the world.

We are recruiting to fill the position below:

Job Description:

• The job holder will oversee and manage all aspects of payroll processing and tax compliance across the organization.
• This role ensures accurate adherence to tax regulations, timely disbursement of salaries, and effective reporting.
• The job holder also will provide strategic input on tax planning, and compliance initiatives.

Responsibilities

• Strategic Tax Planning and Optimization - develop and implement tax-efficient structures and strategies across all activities in the organization, including exploration and production.
• Oversee the end-to-end payroll processing cycle and ensure timely, accurate salary disbursements in accordance with company policies and legal requirements.
• Ensure compliance with all relevant tax laws and statutory requirements, including PAYE, VAT,
• Withholding Tax, and Company Income Tax.
• Proactively identify tax-related risks in transactions and corporate activities and develop risk mitigation strategies in collaboration with internal stakeholders, ensuring the organization’s compliance and financial protection.
• Lead interactions with the upstream and downstream tax regulatory bodies, manage tax audits and queries.
• Supervise the preparation and filing of statutory returns to regulatory bodies.
• Review payroll schedules and statutory deductions for accuracy and completeness.
• Lead the implementation of process improvements, automation, and system enhancements in payroll and tax operations.
• Coordinate periodic audits of payroll and tax operations and address any findings or discrepancies.
• Provide guidance and training to tax and payroll staff, ensuring knowledge transfer and adherence to best practices.
• Work closely with external tax consultants and regulatory bodies to manage tax audits, investigations and correspondence.
• Monitor changes in tax regulations and proactively update.
• Resolves employee inquiries and escalations related to payroll and tax matters in a timely and
• professional manner.

Requirements:

• Bachelor's Degree in Accounting, Banking and Finance or a related discipline.
• A professional accounting certification, such as ICAN or ACCA, is required.
• A relevant tax certification (e.g., CITN) will be an advantage.

Qualifications and Skills:

• Minimum of 8 years’ experience in tax and payroll accounting.
• Experience working with the Big 4 accounting firm or a leading Tax Consulting firm is an advantage.
• Expert understanding of tax laws, regulations pertinent to income tax, VAT, and other applicable taxes.
• Proficiency in working with accounting software and ERP systems will be considered.
• Ability to work efficiently within and lead a team.
• Strong analytical and critical thinking skills with attention to detail.
• Excellent communication and interpersonal skills for managing regulators and cross-functional stakeholders.
• High level of integrity, confidentiality, and professional ethics
• Advanced proficiency in Microsoft Excel and accounting/tax ERP system

Salary

Application Closing Date: Not specified

Application Instructions:

CLICK ON THE LINK BELOW TO APPLY