Assistant Manager-VAT

Job Description

Title: Assistant Manager-VAT

Company Name: Bengal Airlift Ltd.

Vacancy: 01

Age: At least 30 years

Job Location: Dhaka

Salary: Negotiable

Experience:

• At least 5 years

• Masters

• MBA/MBS in Accounting or Finance

• CA (Partly qualified) will get preference

• At least 5 years

• Age At least 30 years

Required training :

Corporate VAT Compliance, VAT Planning and Risk  Management

Purpose of this Role

To ensure effective VAT compliance across the Group by managing VAT planning, return filing, reconciliation, regulatory reporting, and documentation in accordance with applicable VAT laws and National Board of Revenue (NBR) requirements. The role supports VAT automation initiatives, develops and implements standard operating procedures (SOPs), coordinates with internal stakeholders and regulatory authorities, maintains statutory records, and contributes to minimizing compliance risks while ensuring efficient and transparent VAT operations.

Job Description

A. VAT Compliance & Regulatory Management

• Ensure compliance with the Value Added Tax & Supplementary Duty Act, 2012, related rules, statutory orders (SROs), and National Board of Revenue (NBR) regulations.

• Monitor changes in VAT laws and assess their impact on business operations.

• Ensure timely submission of VAT returns, statements, and other statutory reports.

• Maintain compliance calendars to ensure all VAT-related deadlines are met.

• Assist management in minimizing VAT-related compliance risks.

B. VAT Planning & Advisory

• Support the development and implementation of corporate VAT planning strategies.

• Review business transactions to identify VAT implications and recommend compliant tax-efficient solutions.

• Provide VAT guidance to various business units regarding operational transactions.

• Assist management in maximizing legitimate VAT benefits and available tax credits.

C. VAT Return Filing & Reporting

• Prepare and submit periodic VAT returns through both online and offline platforms as prescribed by the National Board of Revenue.

• Ensure the accuracy and completeness of VAT returns before submission.

• Coordinate VAT payment processing and integration with the NBR payment system.

• Prepare monthly, quarterly, and annual VAT reports for management.

D. VAT Reconciliation & Documentation

• Perform periodic reconciliation between:

• VAT returns

• Financial records

• ERP/accounting system

• Purchase and sales registers

• Investigate and resolve reconciliation discrepancies.

• Maintain complete VAT files, supporting schedules, and statutory documentation.

• Ensure all VAT documents are properly archived and preserved in accordance with legal retention requirements.

E. VAT Automation & Process Improvement

• Support VAT automation initiatives and ERP integration projects.

• Participate in system enhancement activities related to VAT compliance.

• Develop and update Standard Operating Procedures (SOPs) for VAT processes.

• Recommend process improvements to strengthen internal controls and operational efficiency.

F. Regulatory Liaison & Assessment Support

• Coordinate with National Board of Revenue (NBR) officials regarding VAT matters.

• Represent the Company during VAT hearings, assessments, audits, and regulatory inspections.

• Prepare responses to VAT notices, queries, and correspondence issued by regulatory authorities.

• Maintain professional relationships with VAT Circle and Zone offices.

G. Record Management

Maintain proper records of:

• VAT returns

• Challans

• Mushak forms

• VAT certificates

• Correspondence with NBR

• Assessment orders

• Audit reports

• Ensure all statutory documents are safely maintained, readily retrievable, and preserved in compliance with applicable laws.

H. Stakeholder Coordination

• Coordinate with Finance, Procurement, Commercial, Supply Chain, Sales, and other business units to obtain accurate VAT-related information.

• Support internal and external auditors during VAT audits.

• Provide necessary documentation and explanations to management and regulatory authorities when required.

I. Internal Controls & Continuous Improvement

• Ensure proper implementation of VAT-related internal controls.

• Identify compliance gaps and recommend corrective actions.

• Support management in strengthening VAT governance and minimizing regulatory exposure.

• Participate in continuous improvement initiatives to enhance the efficiency of VAT operations.

• Provident fund,Mobile bill,Weekly 2 holidays,Performance bonus,Insurance,Gratuity
• Salary Review: Yearly
• Festival Bonus: 2