Senior Accounts Officer (VAT & Tax)

Job Description

Title: Senior Accounts Officer (VAT & Tax)

Company Name: Digital Machinery Equipment

Vacancy: 5

Age: 22 to 40 years

Job Location: Anywhere in Bangladesh

Salary: Negotiable

Experience:

• At least 2 years
• The applicants should have experience in the following business area(s): Engineering Firms, Electronic Equipment/Home Appliances, Medical Equipment

• Master of Commerce (MCom)

• BBA or Master’s degree (MBA/MCom/MA) in Accounting or Finance.
• Diploma in Computer / Accounting software background is an asset.
• Preference: CA (CC) or CMA part-qualified candidates will receive priority for Senior roles.

• At least 2 years
• The applicants should have experience in the following business area(s): Engineering Firms, Electronic Equipment/Home Appliances, Medical Equipment

• Age 22 to 40 years

Requirements & Qualifications

Experience

• 4 to 5+ years of core experience in accounting, statutory compliance, VAT, and audit functions.
• Business Area Experience: Manufacturing, indenting Firm, Distribution/Trading, Audit/Tax Firms, or Corporate Services.

Key Expertise & VAT-Related Knowledge Requirements

• Petty Cash & Ledger Maintenance: Real-time handling of day-to-day office expenses, petty cash disbursements, safe custody, daily cash book reconciliation, and ledger upkeep as per the Chart of Accounts.
• In-Depth VAT Knowledge:
  • Practical expertise in the VAT & Supplementary Duty Act, 2012 (and subsequent amendments).
  • Sound understanding of VAT Deducted at Source (VDS) rates, exemptions, and withholding tax regulations.

Job Overview

• Position: Senior Accounts Officer (vat & tax)
• Employment Status: Full-Time
• Workplace: Work at office
• Job Location: Office-based (Dhaka / Selected operational hubs)
• Gender: Male & Female (Both are encouraged to apply)
• Age Limit: At most 40 years

Key Responsibilities

1. Daily Accounting & Cash Management

• Maintain accurate Books of Accounts, daily cash books, bank registers, and general ledgers.
• Manage daily petty cash operations, verify supporting bills/invoices, prepare vouchers, and execute timely cash reconciliations.
• Prepare all relevant vouchers (Debit/Credit/Journal) according to the Chart of Accounts.
• Perform regular Bank Reconciliations and resolve discrepancies promptly.

2. VAT & Tax Compliance (Core Focus Area)

• Prepare and issue VAT Invoices delivery challans for sales/distribution transactions.
• Maintain real-time statutory VAT registers.
• Prepare, verify, and assist in filing monthly VAT Returns via the online NBR VAT portal.
• Manage Input Tax Credit (Rebate) mechanisms and ensure proper supporting documents are archived for audit trails.
• Coordinate with VAT Consultants, Revenue Officers, or Tax Authorities for routine assessments and compliance queries.

3. Financial Reporting & Audit Support

• Assist in preparing Trial Balance, Adjusting Entries, and compilation of monthly Financial Statements (Balance Sheet, Profit & Loss) as per IFRS/IAS.
• Provide required vouchers, ledger printouts, VAT registers, and financial analysis to internal and external auditors.

Technical & VAT Assessment Queries (For Recruitment / Screening)

Candidates will be evaluated based on practical queries such as:

1. VAT Invoicing & Compliance: How do you determine if a transaction requires a Mushak 6.3 invoice, and what steps do you follow when a customer requests a rebate?
2. VDS (VAT Deducted at Source) Handling: When processing supplier payments, how do you calculate VDS according to the latest NBR withholding VAT schedules, and what is the timeline for issuing a Mushak 6.6 certificate?
3. Input Tax Credit / Rebate: What are the statutory requirements and conditions under the VAT Act to claim an Input Tax Credit (Rebate) on raw materials or services?
4. VAT Return Preparation: Walk us through the step-by-step process of reconciling Mushak 6.1 and 6.2 with the General Ledger before submitting the monthly Mushak 9.1 return.
5. VMS & Accounting Software: How do you integrate statutory VAT entries with accounting software like Tally Prime, SAP, or VMS to ensure seamless auditing?

Skills Summary

• Core Skills: Petty Cash Handling, Bookkeeping, Voucher Management, General Ledger Maintenance, Bank Reconciliation.
• Tax & Compliance: VAT and Tax Management, Invoice Processing, VDS Management, Mushak Register Maintenance.