Manager/ Sr. Manager - Vat & Tax

Job Description

Title: Manager/ Sr. Manager - Vat & Tax

Company Name: A Reputed Group of Company (Woven Garments)

Vacancy: 1

Age: 35 to 50 years

Job Location: Dhaka

Salary: Negotiable

Experience:

• 8 to 16 years
• The applicants should have experience in the following business area(s): Garments, Group of Companies

• Master of Commerce (MCom) in Accounting
• Master of Commerce (MCom) in Finance

• 8 to 16 years
• The applicants should have experience in the following business area(s): Garments, Group of Companies

• Age 35 to 50 years

• Experience in tax & Vat law or related field.

• Strong analytical and problem-solving skills.

• Excellent communication and negotiation skills.

• Ability to work independently and manage multiple cases.

• Attention to detail and ability to work under pressure.

• Have to be very fluent both in written and verbal communication in Bangla & English.

Job context: The ideal candidate must have at least 8-10 years of working experience in handling and leading the Income Tax & Vat related functions of any reputed Group of Company.

Job Responsibilities:

Tax Management:

• TDS Management: Ensure accurate calculation and timely deposit of Tax Deducted at Source (TDS) on all applicable payments.
• Return Submission: Prepare and manage the submission of corporate and withholding tax returns on a monthly, quarterly, and annual basis.
• Prepare Annual Return: Submit to respective circle in due time.
• 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. 

VAT 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. 

• Mobile bill
• Salary Review: Yearly
• Festival Bonus: 2