Statutory Compliance Officer At West African Exploration And Production (waep)

West African Exploration and Production Company delivers sustainable operational excellence while growing the resource base with highly diverse and motivated staff

Key Responsibilities

Coordinate finance-related statutory and regulatory. Maintain a comprehensive calendar of finance-related compliance obligations, ensuring accurate and timely filings, payments, reconciliations and supporting documentation in accordance with applicable Nigerian laws, regulations and Company controls.

Core Competencies

• Statutory compliance management
• Tax and regulatory reporting Reconciliation and financial controls Compliance calendar management Audit and regulatory review support Regulatory interpretation
• ERP systems and Microsoft Excel
• Attention to detail, integrity and accountability
• Key Performance Indicators (KPIs)
• Timeliness of statutory filings and remittances.
• Accuracy and completeness of statutory returns and reconciliations.
• Number and severity of statutory compliance exceptions or penalties.
• Timely closure of regulatory, audit and compliance findings.
• Accuracy and completeness of statutory compliance records and audit trails.
• Quality and timeliness of management compliance reporting.

Application Method

• Statutory filing and payment obligations and monitor compliance deadlines.
• Prepare, review and coordinate statutory returns, schedules and supporting documentation for relevant authorities.
• Ensure timely remittance and reconciliation of applicable taxes, levies, deductions and statutory obligations.
• Monitor changes in legislation and regulatory requirements and assess implications for finance processes.
• Maintain accurate compliance records, evidence of filings, payment receipts and complete audit trails.
• Coordinate responses to statutory audits, regulatory reviews and information requests.
• Reconcile statutory accounts and investigate differences between returns, payments and general ledger records.
• Work with Tax, Payroll, Legal, HR and other functions to ensure consistent compliance data and timely submissions.
• Identify compliance gaps, recommend corrective actions and track agreed actions to closure.
• Prepare periodic statutory compliance status reports for Management

Qualifications & Experience

• Bachelor's Degree/HND in Accounting, Finance, Economics or a related discipline.
• Minimum 8-12 years' relevant finance, tax or statutory compliance experience, preferably within the oil and gas industry.
• ACA, ACCA, ICAN, CITN or equivalent professional qualification is strongly preferred.
• Strong knowledge of Nigerian statutory and regulatory compliance requirements and proficiency in ERP systems and Microsoft Excel are required.