Executive - VAT & TAX

Job Description

Title: Executive - VAT & TAX

Company Name: Elegant Group

Vacancy: --

Age: Na

Job Location: Dhaka

Salary: Negotiable

Experience:

• At least 2 years
• The applicants should have experience in the following business area(s): Garments, Textile, Group of Companies, Washing Factory

• Bachelor’s degree in Accounting, Finance, or Business Administration from a recognized institution.
• Master’s degree (MBA/Masters in Accounting/Finance) will be an added advantage.

• At least 2 years
• The applicants should have experience in the following business area(s): Garments, Textile, Group of Companies, Washing Factory

• Professional certification or course in VAT/Tax will be preferred.
• Strong knowledge of Bangladesh VAT Act, Income Tax Ordinance, and NBR compliance requirements.

Tax Responsibilities:

• Calculate AIT, TDS, and VDS in accordance with the Income Tax Ordinance and NBR guidelines.
• Ensure accurate preparation and timely submission of all tax returns, including monthly/quarterly/annual statements.
• Maintain tax-related documents, challans, withholding registers, and compliance records.
• Prepare and submit TDS/VDS statements and ensure proper deduction and deposit of taxes.
• Assist in tax assessments, audits, and responding to queries from tax authorities.
• Monitor updates and changes in tax laws and ensure compliance across the organization.
• Coordinate with vendors, suppliers, and internal departments regarding tax-related documentation and queries.

VAT Responsibilities:

• Ensure accurate calculation and timely submission of monthly VAT returns.
• Maintain VAT-related documents including challans, purchase and sales registers, treasury challans, and related files.
• Verify VAT invoices to ensure full compliance with NBR rules and regulations.
• Coordinate with internal departments to collect all required VAT information.
• Handle VAT rebate, refund, credit adjustments, and related processes as per law.
• Assist during VAT audits, inspections, and handle queries raised by regulatory authorities.
• Monitor changes in VAT laws and ensure timely implementation within the organization.
• Prepare periodic VAT reports and summaries for management.
• Communicate with vendors and clients regarding VAT compliance and documentation.
• Provide support to the Accounts and Finance team in all VAT-related activities.