Officer - VAT & Accounts

Job Description

Title: Officer - VAT & Accounts

Company Name: Supreme Pack

Vacancy: --

Age: 27 to 40 years

Location: Dhaka (Dhanmondi)

Minimum Salary: Negotiable

Experience:
∎ 1 to 3 years
∎ The applicants should have experience in the following business area(s):IT Enabled Service

Published: 20 Nov 2024

Education:
∎ Bachelor/Honors

Requirements:

Additional Requirements:
∎ Age 27 to 40 years

Responsibilities & Context:
∎ Compliance: Ensuring the organization complies with VAT regulations as per the local laws.
∎ Filing Returns: Preparing and submitting VAT returns on time.
∎ Record-Keeping: Maintaining proper documentation of transactions subject to VAT.
∎ Reconciliation: Reconciling VAT-related accounts to ensure accuracy in financial records.
∎ Refunds/Claims: Managing VAT refunds or claims with tax authorities.
∎ Audits: Coordinating with auditors and tax authorities during VAT audits.2. Financial Accounting:
∎ Bookkeeping: Recording financial transactions in the general ledger.
∎ Accounts Reconciliation: Reconciling accounts such as VAT, payable, receivable, and bank accounts.
∎ Preparation of Statements: Assisting in the preparation of financial statements, including balance sheets and profit & loss accounts.
∎ Expense Monitoring: Tracking and categorizing expenses, ensuring appropriate VAT treatment.
∎ Budgeting Support: Assisting with budget preparation and financial planning.
∎ Tax Planning: Advising the organization on VAT-efficient practices and strategies.
∎ Policy Updates: Keeping the organization informed about changes in VAT laws or tax regulations.
∎ Training: Educating relevant staff on VAT processes and compliance.4. Internal Controls:
∎ Policy Implementation: Developing and enforcing internal controls related to VAT transactions and reporting.
∎ Risk Mitigation: Identifying and addressing potential risks in VAT management.5. Reporting:
∎ Periodic Reports: Preparing and presenting reports on VAT liabilities, refunds, and tax compliance.
∎ Management Insights: Providing insights into VAT impacts on cash flow and profitability.
∎ Accounting Knowledge: Proficiency in accounting principles and standards.
∎ Tax Law Expertise: Understanding of VAT laws and regulations in the applicable jurisdiction.
∎ Software Proficiency: Familiarity with accounting software (e.g., SAP, QuickBooks, Tally) and tax filing platforms.
∎ Analytical Skills: Ability to analyze and reconcile financial data.
∎ Attention to Detail: Accuracy in preparing reports and filings.
∎ Communication: Strong ability to liaise with stakeholders, auditors, and tax authorities.
∎ Job Role: VAT & Account Officer
∎
∎ 1. VAT Management:
∎
∎ Compliance: Ensuring the organization complies with VAT regulations as per the local laws.
∎ Filing Returns: Preparing and submitting VAT returns on time.
∎ Record-Keeping: Maintaining proper documentation of transactions subject to VAT.
∎ Reconciliation: Reconciling VAT-related accounts to ensure accuracy in financial records.
∎ Refunds/Claims: Managing VAT refunds or claims with tax authorities.
∎ Audits: Coordinating with auditors and tax authorities during VAT audits.
∎
∎ 2. Financial Accounting:
∎
∎ Bookkeeping: Recording financial transactions in the general ledger.
∎ Accounts Reconciliation: Reconciling accounts such as VAT, payable, receivable, and bank accounts.
∎ Preparation of Statements: Assisting in the preparation of financial statements, including balance sheets and profit & loss accounts.
∎ Expense Monitoring: Tracking and categorizing expenses, ensuring appropriate VAT treatment.
∎ Budgeting Support: Assisting with budget preparation and financial planning.
∎
∎ 3. Tax Advisory:
∎
∎ Tax Planning: Advising the organization on VAT-efficient practices and strategies.
∎ Policy Updates: Keeping the organization informed about changes in VAT laws or tax regulations.
∎ Training: Educating relevant staff on VAT processes and compliance.
∎
∎ 4. Internal Controls:
∎
∎ Policy Implementation: Developing and enforcing internal controls related to VAT transactions and reporting.
∎ Risk Mitigation: Identifying and addressing potential risks in VAT management.
∎
∎ 5. Reporting:
∎
∎ Periodic Reports: Preparing and presenting reports on VAT liabilities, refunds, and tax compliance.
∎ Management Insights: Providing insights into VAT impacts on cash flow and profitability.
∎
∎
∎ Key Skills Required
∎
∎ Accounting Knowledge: Proficiency in accounting principles and standards.
∎ Tax Law Expertise: Understanding of VAT laws and regulations in the applicable jurisdiction.
∎ Software Proficiency: Familiarity with accounting software (e.g., SAP, QuickBooks, Tally) and tax filing platforms.
∎ Analytical Skills: Ability to analyze and reconcile financial data.
∎ Attention to Detail: Accuracy in preparing reports and filings.
∎ Communication: Strong ability to liaise with stakeholders, auditors, and tax authorities.

Skills & Expertise:

Compensation & Other Benefits:
∎ Mobile bill
∎ Lunch Facilities: Partially Subsidize
∎ Festival Bonus: 2

Workplace:
∎ Work at office

Employment Status: Full Time

Job Location: Dhaka (Dhanmondi)

Company Information:
∎ Supreme Pack
∎ D-7 (7th floor), Green Rowshanara Tower, Satmasjid Road, Dhanmondi 19, Dhaka

Address::
∎ D-7 (7th floor), Green Rowshanara Tower, Satmasjid Road, Dhanmondi 19, Dhaka

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

Application Deadline: 26 Nov 2024

Category: Accounting/Finance