Assistant Manager - Accounts (VAT & Tax)

Job Description

Title: Assistant Manager - Accounts (VAT & Tax)

Company Name: Digital Machinery Equipment

Vacancy: 5

Age: 35 to 45 years

Job Location: Dhaka (Banani)

Salary: Negotiable

Experience:

• 5 to 7 years
• The applicants should have experience in the following business area(s): Engineering Firms, Electronic Equipment/Home Appliances, Medical Equipment

• Master of Commerce (MCom)

• BBA or Master’s degree in Accounting, Finance, or a relevant discipline.
• CA (CC) or CMA Part-Qualified candidates will be given preference.
• Relevant professional training in VAT, taxation, or accounting software will be an advantage.

• 5 to 7 years
• The applicants should have experience in the following business area(s): Engineering Firms, Electronic Equipment/Home Appliances, Medical Equipment

• Age 35 to 45 years
• Only Male

Experience Requirements

• 5–10 years of relevant experience in accounting, VAT, and tax compliance.
• Experience in an import, trading, distribution, or supply company will be preferred.
• Practical experience in supplier VAT verification, VDS/TDS, purchase and sales reconciliation, and monthly Mushak 9.1 filing is highly desirable.

Required Skills & Competencies

• Strong practical knowledge of Bangladesh VAT and Supplementary Duty Act, 2012, applicable Rules, SROs, and NBR guidelines.
• Working knowledge of the Income Tax Act, 2023, withholding tax provisions, and applicable tax compliance requirements.
• Hands-on expertise in supplier VAT documentation, VDS/TDS calculation, VAT rebate claims, and monthly VAT return preparation.
• Ability to reconcile purchase and sales registers, supplier and customer ledgers, statutory VAT registers, and the general ledger.
• Practical experience with the NBR online VAT system.
• Proficiency in accounting software such as Akis Bashar, Tally, or ERP systems.
• Good command of Microsoft Excel and financial data analysis.
• Strong attention to detail, analytical skills, professional integrity, and the ability to meet statutory deadlines.

We are looking for a skilled and detail-oriented Assistant Manager – Accounts (VAT & Tax) for our Import & Supply Company in Dhaka. The candidate must have strong practical knowledge of Bangladesh VAT and Income Tax laws, supplier VAT, VDS/TDS, VAT rebate, purchase & sales reconciliation, statutory Mushak registers, and monthly VAT return preparation (Mushak 9.1).

CA (CC)/CMA Part-Qualified candidates with hands-on VAT & Tax compliance experience will be given preference.

Key Responsibilities

• Supplier VAT & Withholding Tax Management — Core Responsibility
• Verify supplier VAT registration, BIN, VAT invoices, Mushak 6.3, and supporting documents before processing supplier payments, as applicable.
• Review supplier bills and invoices to ensure the correct VAT treatment, applicable rates, exemptions, and supporting documentation.
• Calculate, deduct, deposit, and account for VAT Deducted at Source (VDS) in accordance with applicable NBR rules and withholding VAT provisions.
• Prepare and issue Mushak 6.6 certificates within the applicable statutory timeframe.
• Calculate, deduct, deposit, and report Tax Deducted at Source (TDS) on supplier payments, service charges, rent, and other applicable transactions under prevailing income tax provisions.
• Maintain supplier-wise VDS/TDS records, deduction schedules, payment challans, certificates, and supporting documents.
• Reconcile supplier invoices, VAT amounts, VDS/TDS deductions, payment records, and outstanding balances.
• Follow up with suppliers regarding VAT invoices, missing documents, tax certificates, and other compliance requirements.
• Ensure that VAT and tax deductions are correctly recorded in the accounting software and general ledger.
• Purchase & Sales Reconciliation
• Reconcile purchase registers, supplier ledgers, purchase invoices, goods receipt records, and general ledger balances.
• Reconcile sales registers, sales invoices, customer ledgers, delivery challans, and general ledger balances.
• Verify the accuracy and completeness of purchase and sales transactions before monthly VAT return preparation.
• Match purchase and sales records with applicable Mushak registers, including Mushak 6.1 and Mushak 6.2, as relevant to the business and prevailing VAT requirements.
• Identify discrepancies in invoice values, VAT amounts, credit notes, debit notes, returns, discounts, and adjustments.
• Investigate and resolve differences between accounting software, supplier statements, customer statements, stock records, and statutory VAT records.
• Reconcile import purchases, customs-related taxes, local purchases, and related expenses with supporting documents.
• Prepare monthly reconciliation statements and report unresolved discrepancies to management before VAT return submission.
• Maintain proper documentation and an audit trail for all adjustments and reconciliations.
• Monthly VAT Return & Mushak 9.1
• Prepare, review, reconcile, and submit monthly VAT returns (Mushak 9.1) through the NBR online VAT system within the prescribed statutory deadlines.
• Reconcile monthly purchase and sales data with the accounting software, general ledger, and applicable statutory VAT registers.
• Verify output VAT, eligible input VAT credit, VDS, adjustments, and other relevant figures before finalizing the return.
• Review the eligibility of VAT rebate claims against applicable legal conditions and supporting documentation.
• Ensure that VAT invoices, purchase records, payment evidence, and other necessary documents are available to support input tax credit claims.
• Reconcile VAT payable or refundable balances with the general ledger and relevant payment records.
• Investigate discrepancies between the VAT return, accounting records, and statutory registers and ensure appropriate corrections before filing.
• Maintain copies of submitted returns, acknowledgements, payment challans, supporting schedules, and reconciliation statements.
• Monitor filing deadlines and coordinate with management and relevant stakeholders to ensure timely compliance.
• Income Tax, Import & Statutory Compliance
• Ensure compliance with the Income Tax Act, 2023, applicable amendments, Rules, SROs, and NBR instructions.
• Maintain withholding tax records and ensure proper deduction, deposit, reporting, and documentation of TDS.
• Review tax implications of supplier payments, service charges, rent, contractual payments, and other applicable transactions.
• Maintain import-related accounting records, including supplier invoices, Bills of Entry, customs assessments, Customs Duty, Import VAT, AT, AIT, and related expenses, where applicable.
• Coordinate with suppliers, banks, C&F agents, VAT and tax consultants, auditors, and relevant authorities regarding documentation and compliance.
• Monitor changes in VAT and tax regulations and implement necessary compliance measures.
• General Accounts & Financial Control
• Supervise daily accounting activities, including payment vouchers, receipt vouchers, journal vouchers, and supporting documentation.
• Maintain books of accounts, general ledgers, supplier ledgers, customer ledgers, and other financial records.
• Manage petty cash, verify bills and invoices, and perform regular cash and bank reconciliations.
• Prepare Trial Balance, monthly financial reports, and other management reports.
• Reconcile accounting software records with manual registers and supporting documents.
• Provide accounting records, VAT schedules, tax documents, and reconciliation statements during internal and external audits.
• Maintain accurate, complete, and audit-ready financial and statutory records.

Salary: Negotiable, based on qualifications and experience. Festival Bonus: Two times a year. TA/DA, mobile bill allowance, and other benefits as per company policy.