Deputy Manager/Manager- Vat & Tax

Job Description

Title: Deputy Manager/Manager- Vat & Tax

Company Name: Noman Group.

Vacancy: 1

Age: 35 to 45 years

Job Location: Dhaka (Gulshan)

Salary: Negotiable

Experience:

• At least 10 years
• The applicants should have experience in the following business area(s): Garments, Textile, Spinning

• Bachelor of Business Administration (BBA) in Accounting
• Bachelor of Business Administration (BBA) in Finance

• Candidates having CA(CC), LLB will be given preference.

• A professional certificate in ITP, V.C from NBR or relevant certificates in VAT-Tax will be given preference.

• At least 10 years
• The applicants should have experience in the following business area(s): Garments, Textile, Spinning

• Age 35 to 45 years
• Only Male

• A minimum of 10 years of professional experience in tax and VAT management, with at least 4 years in a managerial role.

• In-depth knowledge of the Income Tax Act, 2023, and the VAT and Supplementary Duty Act, 2012. Proficiency in using accounting software and the NBR`s online VAT system is essential.

VAT Compliance & Management:

• Filing and Reporting: Supervise the accurate and timely preparation, submission, and payment of monthly VAT returns (Mushak 9.1).

• VDS Management: Ensure correct calculation, deduction, and deposit of VAT Deducted at Source (VDS). Issue VDS certificates (Mushak 6.6) to suppliers as required by law.

• Documentation: Maintain all statutory VAT registers and records (e.g., Mushak 6.1, 6.2, 6.3) and other relevant documents as per the law.

• Audit & Liaison: Manage VAT audits and assessments from the VAT authority. Act as the primary point of contact for VAT Circle, Zone, Commissionerate, and the National Board of Revenue (NBR).

• Refunds and Adjustments: Oversee the process for applying for VAT refunds, managing adjustments, and handling appeals.

Income Tax Compliance & Management

• Return Submission: Prepare and manage the submission of corporate and withholding tax returns on a monthly, quarterly, and annual basis.

• TDS Management: Ensure accurate calculation and timely deposit of Tax Deducted at Source (TDS) on all applicable payments.

• Assessments & Hearings: Represent the company in tax hearings, finalize assessments with tax authorities, and respond to all tax-related queries.

• Financial Reporting: Work closely with the finance team to prepare financial statements that are compliant with tax and VAT regulations.

• Strategic Planning: Develop and implement effective tax planning strategies to minimize tax liabilities and optimize the company`s tax position.

Risk Management & Advisory:

• Policy Adherence: Ensure the company`s compliance with corporate tax and VAT policies and provide technical expertise on relevant laws and regulations.

• Risk Mitigation: Conduct regular risk analysis to identify potential compliance issues and develop strategies to mitigate them.

• Regulatory Knowledge: Stay informed about changes in Bangladesh`s tax and VAT laws and update internal policies and procedures accordingly.

• Guidance: Provide expert advice and guidance on tax and VAT matters to all internal stakeholders, including cross-functional teams and senior management.

• External Collaboration: Coordinate with external auditors and tax advisors to address complex tax issues and ensure compliance.

• Mobile bill
• Salary Review: Yearly
• Lunch Facilities: Partially Subsidize
• Festival Bonus: 2