Share this Job
Senior Tax Accountant job at Uganda National Oil Company | Apply Now
Kampala, Uganda
Full-time
Are you looking for Accountant Jobs in Uganda 2024? If yes, then you might be interested in Senior Tax Accountant job at Uganda National Oil Company (UNOC) Limited
The Uganda National Oil Company Limited (UNOC) is a state-owned enterprise established in 2015 under the Petroleum Acts of 2013, with the mandate to manage Uganda's commercial interests in the petroleum sector and ensure the resource is exploited sustainably. UNOC's purpose is encapsulated in its statement: "Creating Value for Generations."
The company has garnered recognition for its strategic performance management, notably receiving the Balanced Scorecard Institute’s 2023 Award for Excellence, highlighting its strong leadership and organizational alignment. UNOC fosters a culture of innovation and professionalism, offering employees opportunities for holistic development across strategic, operational, and leadership dimensions. Regularly, the company announces job openings in various departments, with details available on their careers page.
Since its inception, UNOC has evolved by integrating sustainability into its corporate strategy, aligning with at least 11 of the 17 Sustainable Development Goals. Operating from its headquarters in Kampala, UNOC's vision is to be an innovative and profitable company operating across the petroleum value chain for the benefit of all Ugandans. The company's core values include innovation, integrity, and sustainability.
Through its corporate social responsibility initiatives, UNOC is committed to delivering strategic programs that foster long-term relationships with local communities. For more information, visit their official website at https://www.unoc.co.ug/.
Senior Tax Accountant job at Uganda National Oil Company (UNOC) Limited
Uganda National Oil Company Limited
The Uganda National Oil Company (UNOC) Limited was established under the Petroleum (Exploration, Development and Production) Act and the Petroleum (Refining, Conversion, Transmission and Midstream storage) Act, both of 2013 and incorporated under the Companies' Act, 2012. It is a limited liability company wholly owned by the Government of Uganda. The overall function of UNOC is to handle the State's commercial interests in the Oil and Gas industry and ensure that the resource is exploited in a sustainable manner.
UNOC now invites applications from persons interested to develop their career with a dynamic and results-oriented Company to occupy the following position
Tax Compliance: Prepare and review federal, state, and local tax returns for corporations, partnerships, individuals, trusts, and other entities, ensuring compliance with all applicable tax laws, regulations, and filing requirements.
Tax Planning: Develop and implement tax planning strategies to minimize tax liabilities, optimize tax credits and deductions, and maximize tax efficiency for clients or the organization. Identify opportunities for tax savings and risk mitigation.
Tax Research: Conduct tax research and analysis on complex tax issues, rulings, and regulations. Stay informed about changes in tax laws and regulations and assess their potential impact on clients or the organization.
Financial Reporting: Assist with tax provision calculations, including deferred tax assets and liabilities, uncertain tax positions, and effective tax rates for financial statement reporting under ASC 740 (formerly FAS 109).
Audit Support: Provide support and documentation for tax audits, inquiries, and examinations by tax authorities. Respond to tax notices and requests for information, representing clients or the organization in discussions with tax authorities.
Client Advisory: Advise clients or internal stakeholders on tax matters, including tax implications of business transactions, mergers and acquisitions, restructuring, and other strategic initiatives. Provide recommendations for tax-efficient structures and solutions.
Tax Credits and Incentives: Identify and evaluate tax credits, incentives, and deductions available to clients or the organization, such as research and development (R&D) credits, investment tax credits, and state tax incentives.
Tax Compliance Management: Establish and maintain tax compliance processes, procedures, and controls to ensure accurate and timely preparation and filing of tax returns, estimated tax payments, and other tax-related obligations.
Training and Development: Provide training and guidance to junior tax staff on tax accounting principles, tax compliance procedures, and tax software usage. Mentor staff members to develop their technical skills and professional competencies.
Collaboration: Collaborate with other departments such as finance, legal, and operations to coordinate tax-related activities, resolve issues, and support overall business objectives. Work closely with external auditors, tax advisors, and consultants as needed.
Education: A bachelor's degree in accounting, finance, or a related field is typically required. A master's degree in taxation or a related field may be preferred.
Certification: Certified Public Accountant (CPA) designation is often required. Additional certifications such as Certified Management Accountant (CMA), Chartered Financial Analyst (CFA), or Enrolled Agent (EA) may be beneficial.
Experience: Several years of experience in tax accounting, preferably in a public accounting firm or corporate tax department. Experience with tax planning, compliance, and reporting for corporations, partnerships, and individuals is essential.
Tax Knowledge: In-depth knowledge of federal, state, and local tax laws and regulations, including tax codes, statutes, rulings, and interpretations. Familiarity with tax accounting methods, principles, and practices.
Analytical Skills: Strong analytical and problem-solving skills, with the ability to interpret complex tax issues, analyze data, and develop tax planning strategies to minimize tax liabilities and optimize tax efficiency.
Attention to Detail: Meticulous attention to detail and accuracy in preparing tax returns, reconciling tax accounts, and documenting tax positions. Ability to review and validate the work of junior staff for accuracy and compliance.
Software Proficiency: Proficiency in tax software and accounting systems, including tax preparation software such as Thomson Reuters UltraTax, Intuit ProConnect Tax, or similar platforms. Familiarity with Microsoft Excel for data analysis and reporting.
Communication Skills: Excellent written and verbal communication skills, with the ability to communicate complex tax concepts and findings effectively to clients, colleagues, and senior management. Strong interpersonal skills to build rapport with clients and stakeholders.
Team Leadership: Experience in supervising and mentoring junior tax staff, providing guidance, training, and support to ensure accurate and timely completion of tax projects and deliverables.
Ethical Standards: High ethical standards and integrity, with a commitment to upholding professional ethics and compliance with tax laws and regulations.
APPLICATION FOR THIS POSITION MUST BE DONE ONLINE:
Are you interested? Click the "APPLY" button below to submit your application.