Manager/Sr. Manager-VAT

Job Description

Title: Manager/Sr. Manager-VAT

Company Name: 100% Export Oriented Textile Group of Companies

Vacancy: --

Location: Dhaka

Minimum Salary: Negotiable

Experience:
∎ At least 7 years
∎ The applicants should have experience in the following business area(s):Garments, Textile, Buying House, Garments Accessories, Spinning, Dyeing Factory

Published: 9 Oct 2024

Education:
∎ Master of Commerce (MCom) in Accounting, Master of Commerce (MCom) in Finance, Masters

Requirements:

Additional Requirements:
∎ Master degree in Finance or Accounting, CACC , Taxation and VAT related field; professional VAT qualification is preferred.
∎ Minimum of 7 years of experience in VAT management or indirect tax roles.
∎ In-depth knowledge of local and international VAT laws.
∎ Strong analytical skills with attention to detail.
∎ Excellent communication skills, both written and verbal, with the ability to explain complex issues clearly.
∎ Proficient in tax software applications and Microsoft Excel.
∎ Strong analytical and problem-solving skills
∎ Excellent communication and interpersonal skills
∎ Ability to work in a fast-paced environment with multiple priorities
∎ Strong attention to detail and accuracy
∎ Ability to work collaboratively with cross-functional teams
∎ Knowledge of accounting systems, VAT and Tax compliance, and financial analysis
∎ Understanding of inventory management principles and practices
∎ Experience with financial software applications
∎ Ability to think strategically and provide innovative solutions
∎ Master degree in Finance or Accounting, CACC , Taxation and VAT related field; professional VAT qualification is preferred.
∎ Minimum of 7 years of experience in VAT management or indirect tax roles.
∎ In-depth knowledge of local and international VAT laws.
∎ Strong analytical skills with attention to detail.
∎ Excellent communication skills, both written and verbal, with the ability to explain complex issues clearly.
∎ Proficient in tax software applications and Microsoft Excel.
∎ Strong analytical and problem-solving skills
∎ Excellent communication and interpersonal skills
∎ Ability to work in a fast-paced environment with multiple priorities
∎ Strong attention to detail and accuracy
∎ Ability to work collaboratively with cross-functional teams
∎ Knowledge of accounting systems, VAT and Tax compliance, and financial analysis
∎ Understanding of inventory management principles and practices
∎ Experience with financial software applications
∎ Ability to think strategically and provide innovative solutions

Responsibilities & Context:
∎ Develop and implement VAT strategies that align with the company's financial goals and comply with local tax regulations.
∎ Coordinate the preparation and submission of accurate VAT returns in a timely manner.
∎ Conduct regular reviews of VAT processes to identify areas for improvement and efficiency.
∎ Provide expert advice on VAT implications related to business transactions, ensuring optimal tax positions are achieved.
∎ Liaise with tax authorities during audits and inquiries, representing the company professionally.
∎ Ensure accurate and timely filing of VAT returns and payment of VAT liabilities.
∎ Maintain accurate records of VAT transactions, including invoices, receipts, and expenses.
∎ Ensure compliance with VAT regulations and rules, including registration, reporting, and payment requirements.
∎ Maintain purchase register, Sales register, Mushak Challan, VAT returns and all other register as per VAT and SD Act, 2012.
∎ Prepare and Submit Monthly VAT Returns through online in due time.
∎ Maintain VAT software as per Govt. Rules.
∎ Prepare and Submit 4.3 (Input-Output Co-efficient)
∎ Handling VAT Audit conducted by VAT Authorities and other Govt. Auditors.
∎ Represent the company in legal proceedings as well as maintaining liaison with the concerned VAT, Customs and Govt. Offices.
∎ Maintain Bank related works applicable for VAT purposes
∎ Maintaining file and documents related VAT & Taxes in accounts department.
∎ Monthly, Quarterly, Half-yearly & Annual VAT Returns and documentations
∎ Prepare VAT registers, Mushak: 6.1, 6.3, 6.1, 6.5, 6.6, VAT & Tax Challan & VAT return report
∎ Calculation TDS & VDS for Supply bill PaymentPrecise application of TDS & VDS as per prevailing laws and regulations
∎ Customs Duty & Taxes & SD Calculations and Landed Cost Sheet Preparation.
∎ Train and mentor junior staff on VAT-related matters, fostering a culture of continuous learning and development within the team.
∎ Stay up-to-date with changes in VAT legislation and assess their impact on the organization.
∎ Collaborate with cross-functional teams to ensure seamless integration of VAT considerations into business operations.
∎ Job Summary:
∎ We are seeking a highly skilled and motivated Manager/Sr. Manager - VAT to join us who will be responsible for overseeing our Value Added Tax (VAT) processes, ensuring compliance with local regulations, and optimizing our tax positions. This is an excellent opportunity for someone with a strong background in VAT management to make a significant impact on our organization.
∎ Key Responsibilities:
∎ Develop and implement VAT strategies that align with the company's financial goals and comply with local tax regulations.
∎ Coordinate the preparation and submission of accurate VAT returns in a timely manner.
∎ Conduct regular reviews of VAT processes to identify areas for improvement and efficiency.
∎ Provide expert advice on VAT implications related to business transactions, ensuring optimal tax positions are achieved.
∎ Liaise with tax authorities during audits and inquiries, representing the company professionally.
∎ Ensure accurate and timely filing of VAT returns and payment of VAT liabilities.
∎ Maintain accurate records of VAT transactions, including invoices, receipts, and expenses.
∎ Ensure compliance with VAT regulations and rules, including registration, reporting, and payment requirements.
∎ Maintain purchase register, Sales register, Mushak Challan, VAT returns and all other register as per VAT and SD Act, 2012.
∎ Prepare and Submit Monthly VAT Returns through online in due time.
∎ Maintain VAT software as per Govt. Rules.
∎ Prepare and Submit 4.3 (Input-Output Co-efficient)
∎ Handling VAT Audit conducted by VAT Authorities and other Govt. Auditors.
∎ Represent the company in legal proceedings as well as maintaining liaison with the concerned VAT, Customs and Govt. Offices.
∎ Maintain Bank related works applicable for VAT purposes
∎ Maintaining file and documents related VAT & Taxes in accounts department.
∎ Monthly, Quarterly, Half-yearly & Annual VAT Returns and documentations
∎ Prepare VAT registers, Mushak: 6.1, 6.3, 6.1, 6.5, 6.6, VAT & Tax Challan & VAT return report
∎ Calculation TDS & VDS for Supply bill Payment
∎ Precise application of TDS & VDS as per prevailing laws and regulations
∎ Customs Duty & Taxes & SD Calculations and Landed Cost Sheet Preparation.
∎ Train and mentor junior staff on VAT-related matters, fostering a culture of continuous learning and development within the team.
∎ Stay up-to-date with changes in VAT legislation and assess their impact on the organization.
∎ Collaborate with cross-functional teams to ensure seamless integration of VAT considerations into business operations.


Compensation & Other Benefits:
∎ Mobile bill
∎ Salary Review: Yearly
∎ Festival Bonus: 2
∎ Earn Leave Encashment
∎ Others as per company policy
∎ Earn Leave Encashment
∎ Others as per company policy

Workplace:
∎ Work at office

Employment Status: Full Time

Gender:
∎ Only Male

Job Location: Dhaka

Company Information:
∎ 100% Export Oriented Textile Group of Companies

Read Before Apply: Please apply only who are fulfilling all the requirements of this job

Application Deadline: 31 Oct 2024

Category: jobs

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