Lead Tax Analyst, Transfer Pricing & International Taxation at the Nigerian National Petroleum Corporation (NNPC) Limited

The Nigerian National Petroleum Company (NNPC) Limited is a dynamic global energy company with businesses and operations across the entire spectrum of the energy value chain. It is a state oil company in Nigeria. Formerly a fully-owned government company, it was transformed from into a limited liability company in July 2022.[1] NNPC Limited is the only entity licensed to operate in the country's petroleum industry. It partners with foreign oil companies to exploit Nigeria's fossil fuel resources.

We are recruiting to fill the position below:

Job Title: Lead Tax Analyst, Transfer Pricing & International Taxation

Location: Nigeria

Objectives

• Support the Group Transfer Pricing Compliance.

Key Responsibilities

• Transfer Pricing Compliance: Support the development and implementation of transfer pricing policies, documentation, and strategies in alignment with local and international regulations and the OECD Transfer Pricing Guidelines.
• Risk Assessment and Analysis: Support the development of transfer pricing of risk assessments for the organization's various business units, subsidiaries, and related-party transactions. Identify potential transfer pricing risks and implement strategies to mitigate them effectively.
• Pricing Studies and Benchmarking: Support the transfer pricing comparability analysis/studies to determine most appropriate methodologies for intercompany transactions.
• Ensure that transfer prices are aligned with arm’s length principle.
• Documentation Management: Support the preparation and maintenance of transfer pricing documentation, including Master File, Local File, and Country-by-Country Reporting (CbCR), ensuring accuracy and completeness of information.
• Intercompany Agreements: Collaborate with legal and finance teams to draft and review intercompany agreements, ensuring they accurately reflect arm’s length terms and conditions of related-party transactions.
• Audits and Dispute Resolution: Liaise with relevant Tax Authorities during transfer pricing audits, responding to inquiries, and resolving transfer pricing-related disputes to avoid double taxation and ensure compliance with Nigerian Tax laws and Transfer pricing regulations.
• Training and Education: Plan and support training sessions for finance and business teams on transfer pricing principles, policies, and procedures to enhance compliance and understanding within the organization.
• Regulatory Monitoring: Stay updated on global tax and transfer pricing regulations, industry developments, and best practices, and ensure the company's transfer pricing policies remain in line with emerging standards and statutory requirements.

Educational Qualifications

• Bachelor's Degree in Finance, Accounting, Economics, or a related field; advanced degree (e.g., Master's, MBA) is an advantage.
• Certification or membership in relevant professional bodies (e.g., ICAN/ACA/ACCA/CITN) is a must.

Experience:

• Minimum of 9 years relevant post qualification experience. Experience in the oil and gas industry will be an added advantage.

Competence:

• Knowledge of relevant tax legislation
• FIRS circulars
• Commercial Orientation
• Knowledge of Oil and Gas Industry
• High level communication
• IT skills

Application Closing Date
20th August, 2024.