Assistant Manager/ Senior Executive (VAT & TAX)

Job Description

Title: Assistant Manager/ Senior Executive (VAT & TAX)

Company Name: Minister Hi-Tech Park Ltd.

Vacancy: 1

Age: 25 to 35 years

Job Location: Anywhere in Bangladesh

Salary: Negotiable

Experience:

• 3 to 5 years
• The applicants should have experience in the following business area(s): Electronic Equipment/Home Appliances

• Bachelor/Honors

• 3 to 5 years
• The applicants should have experience in the following business area(s): Electronic Equipment/Home Appliances

• Age 25 to 35 years
• Only Male

• Planning and execution of Tax & VAT management system with properly followed by Group so that company can be tax efficient and tax compliant.

• Maintain all the statutory compliance as per Income Tax Ordinance 1984, VAT Act, 1991 & and other rules and regulations.

• Computation of Income tax based on the company`s financial statements (Actual, Budgeted & Projected) and other information related to tax return and guided by NBR directives. To ensure the submission of Income Tax return in due time along with the required documents for that purpose.

• Responding to the letter or notice issued from the NBR regarding Tax & VAT related issues and taking remedial course of action on the contentious issues (if any) within the purview of Income Tax Ordinance, 1984 & VAT Act 1991 and with consideration of accepted practice.

• Preparation of the documents as required in the notice issued from the DCT and VAT office and submission of the same.

• To attend the hearing and explain the position of the company before the DCT for the purpose of completion of the assessment.

• To give written representation or reply in response of any query from the tax & VAT office in respect tax & VAT issues.

• Monitor withholding tax management system following NBR`s latest directives.

• Submit Monthly VAT Return in due time.

• Submit Monthly, half yearly withholding Tax Return in due time.

• Prepare and maintain VAT register and record as per law.

• Prepare price declaration copy (if any) and get them approved from the concerned VAT official.

• Maintain all tax & VAT forms in accordance with NBR directives.

• Preparation and submission of VAT related returns. Handling of Tax & VAT case related works.

• Handling of VAT audit conducted by VAT authorities.

• Liaison and closely work with Tax & VAT circle offices and solve the barriers related to company Tax & VAT issues.

• Identify and mitigate tax risks through filing appeal cases and explanation to the tax authorities; research alternatives.

• Manage and supervise tax provisioning and deferred taxes, Special projects.

• Improve processes by developing or implementing best practices as per tax rule of the country and help prepare and or review their returns.

• Manage and coordinate tax audits of entities in different countries, jurisdiction.

• Monitoring of VAT payment regularly. Handling of VAT case related works.

• Preparation of about Group Tax Reconciliation, Tax Checklist Quarterly.

• Representing All companies on all tax and VAT related issues and hearings.

• Engage with all stakeholders such as lawyers, auditors, consultants, appropriate regulatory bodies etc.

• to ensure all cases are followed through due course and schedule has been maintained.

• Maintaining regulatory compliance at all time.

• Identifying potential tax savings by analyzing tax information, in depth calculation, and remaining updated with changes in rules and regulations.

• Assist in implementing new Tax, VAT and Accounting pronouncement when come into effect in every fiscal of the government.

• Provide assistance during Tax & VAT audit as and when it is carried out by Tax & VAT authorities.

• Preparing, reviewing and/or advising on transfer pricing documentation and compliance to transfer pricing rules and regulations for related party transactions.

• Prepare all tax papers on a regular basis and handle all information data as required.

• Regular reporting to senior management and to the board on tax matters of the group Build direct relationships with tax consultant of all entities to obtain advice on specific tax issues as and when they arise.

• Interact with CEO / CFO of different entries to provide excellent planning, consulting and expertise over tax matters, including implementation of transfer pricing policies.

• Provide innovative tax planning in all areas (income, VAT, WHT, etcetera) and review periodical income tax returns.

• Any other tasks Tax & VAT matters as assigned by the management.

• T/A & D/A, Mobile bill

• Provident Fund.

• Salary Review: Yearly

• Festival Bonus: 2