Assistant Manager, Tax & VAT Compliance

Job Description

Title: Assistant Manager, Tax & VAT Compliance

Company Name: Grameen Telecom Trust

Vacancy: 1

Age: Na

Job Location: Dhaka

Salary: Negotiable

Experience:

• At least 5 years

• Master of Business Administration (MBA)
• Master of Commerce (MCom)

• MBA/M. Com in Accounting/Finance.      

• CA (CC), CA Part Qualified will be required.      

• ITP will be required.

• At least 5 years

• 2 to 3 years mandatory and ERP/ Tally software/VAT Software·      

• CA firm training period will not be acceptable as experience·      

• Skills & Expertise: VDS & TDS, Cash Management, Fixed Assets, General Accounts etc.      

• Good communication skill in English.      

• Good knowledge about Microsoft Office & Outlook.      

• Candidates with experience in the following business areas will be given priority: Multinational Companies, Group of Companies.

• Assist in Planning and implementing an effective Tax & VAT management system to ensure the organization remains both tax-efficient and fully compliant

• Maintain all the statutory compliance as per Bangladesh Income Tax Act 2023, VAT Act 2012 & and other rules and regulations.

• Assist in computing income tax based on actual, budgeted, and projected financial statements, following NBR guidelines, and ensure timely submission of the tax return with all required documents

• Respond to NBR letters/notices on Tax and VAT matters and assist in taking necessary actions on any issues in line with the Income Tax Act 2023, VAT Act 2012, and accepted practices.

• Assist in preparing hearing documents and explain the position of the organizations before the DCT for the purpose of completion of the assessment.

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

• Submit Monthly VAT Return in due time.

• Submit quarterly withholding Tax Return in due time.

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

• Liaison and work closely with Tax and VAT circle offices to resolve issues related to the company’s Tax and VAT matters.

• Identify and mitigate tax risks by filing appeals, providing explanations to tax authorities, and exploring alternative solutions

• Preparation of about Tax Reconciliation, Tax Checklist monthly.

• Assist in providing regular tax reports to senior management and the board, and maintain direct relationships with tax consultants of all entities to obtain timely advice on specific tax issues

• Ensure timely deduction and deposit of Tax Deducted at Source (TDS) and VAT Deducted at Source (VDS) as per National Board of Revenue (NBR) rules and ensure proper record-keeping for VAT, TDS, and VDS transactions in an organized manner.

• Assist in internal and external audits by providing accurate financial data and supporting documents

• Should have overall knowledge about Income Tax Act. 2023 and Value Added Tax & Supplementary Act 2012.

• Provident Fund.

• Gratuity.

• Festival Bonus.

• Group Life Insurance.

• Mobile bill.