Title: DGM / GM – Taxation
Company Name: A Renowned Diversified Business Conglomerate
Vacancy: --
Age: Na
Job Location: Dhaka
Salary: Tk. 200000 - 400000 (Monthly)
Experience:
Educational Qualification:
Master’s degree in accounting, Finance, Business Administration, or any other relevant discipline from a reputed university.
Mandatory Certification:
Income Tax Practitioner (ITP) – Mandatory
Professional Qualification (Preferred):
Chartered Accountant (CA) and/or Cost & Management Accountant (CMA) will be given preference.
DGM: 14–16 years of relevant taxation experience in large RMG/Textile/Manufacturing organizations.
GM: 16–18+ years with proven leadership managing multi-entity taxation, audits, and litigation.
Demonstrated hands-on experience in Income Tax, VAT, WHT, ERP-based tax control, and regulatory liaison
Strong command of Bangladesh Income Tax and VAT & SD laws and practical application.
Hands-on experience with ERP systems for tax configuration, compliance monitoring, and reporting.
Advanced proficiency in MS Excel including complex reconciliations, pivot tables, financial modeling, and reporting.
Strong working knowledge of Power BI for tax analytics, dashboard preparation, and compliance monitoring.
Excellent analytical, documentation, and problem-solving skills.
Strong stakeholder management and negotiation capability with regulatory authorities.
Leadership and team management experience in a multi-unit environment.
Job Purpose
To lead the Taxation function, ensuring full compliance with Bangladesh Income Tax, VAT & SD, and Withholding Tax regulations. The role will drive tax governance, risk management, tax planning, ERP-based tax control, and effective handling of tax/VAT audits, assessments, and litigation across multiple units and entities.
Job Responsibilities
A. Direct Tax (Income Tax) – Compliance
· Oversee timely preparation and submission of corporate income tax returns and related schedules.
· Ensure accurate tax computation, tax provisioning, and reconciliation with financial statements in coordination with statutory auditors.
· Manage advance tax planning, tax payments, and compliance documentation.
· Maintain a structured tax compliance calendar and standardized documentation framework.
B. Withholding Tax (WHT) Governance
· Ensure correct deduction, deposit, and reporting of withholding tax on supplier/contractor/service payments including rent, commission, transport, professional fees, LC-related payments, and other applicable heads.
· Review contracts and agreements to ensure proper tax clauses and compliance risk mitigation.
· Implement strong internal controls to reduce errors, penalties, and compliance gaps.
C. VAT & Supplementary Duty (Indirect Tax)
· Ensure end-to-end compliance under VAT & SD Act, including monthly VAT returns, challans, VAT registers/books, and supporting documentation.
· Lead VAT input-output reconciliation, eligibility reviews, and risk management for credit disallowances.
· Provide guidance on VAT treatment for local procurement, subcontracting/job work, utilities, services, and inter-company transactions.
· Ensure readiness for VAT audits/inspections, departmental queries, and regulatory submissions.
D. RMG/Textile Operational Taxation (Export-Import & Factory Operations)
· Oversee tax implications related to:
o Import of raw materials, spare parts, and capital machinery (tax/duty/VAT implications).
o Compliance documentation linked to export-oriented operations.
o VAT/WHT implications for washing, printing, dyeing/finishing, accessories, subcontracting, and related service models.
· Advise on tax implications for CAPEX projects, expansions, and new unit setups.
E. Tax Audit, Assessment & Litigation Management
· Lead preparation and representation for tax assessments, hearings, audit queries, and VAT inspections.
· Manage responses to show-cause notices, objections, appeals, and tribunal matters, coordinating with legal counsel/tax consultants.
· Maintain a structured litigation and exposure tracker.
F. ERP Control, Reporting & Team Leadership
· Ensure proper ERP configuration and tax mapping for VAT, WHT, and income tax compliance.
· Monitor tax-related transactions through ERP to prevent compliance gaps.
· Prepare analytical dashboards and compliance tracking reports using MS Excel and Power BI.
· Lead and develop the taxation team; define KPIs and ensure capability enhancement.
· Strengthen taxation SOPs, internal controls, and audit readiness processes.