VAT & Tax Officer

Job Description

Title: VAT & Tax Officer

Company Name: Synergy Group

Vacancy: 2

Age: Na

Job Location: Dhaka (Vatara)

Salary: --

Experience:

• 1 to 3 years

• Bachelor of Business Administration (BBA)

• 1 to 3 years

Job Description: VAT & Tax Officer

Position: VAT & Tax Officer

Location: Bashundhara R/A

Company: Synergy Group

Employment Type: Full-time

Reports to: CEO

Job Summary:We are seeking a detail-oriented and experienced VAT & Tax Officer to join our finance team. The ideal candidate will be responsible for managing and overseeing all VAT and tax-related matters within the company. This includes ensuring compliance with the latest VAT and tax laws in Bangladesh, preparing and submitting accurate tax returns, and providing strategic advice to minimize tax liabilities.

Key Responsibilities:

• Prepare and file monthly VAT returns, ensuring timely submission in accordance with NBR (National Board of Revenue) regulations.
• Calculate, prepare, and process all necessary tax payments, including VAT, income tax, and other applicable taxes.
• Maintain up-to-date records of VAT and tax documents and ensure proper documentation and filing for audit purposes.
• Reconcile VAT accounts and ensure accurate reporting and recording of transactions.
• Assist in the preparation of tax provisions, tax reports, and deferred tax calculations for financial statements.
• Stay updated on changes in tax laws and regulations, ensuring compliance and advising the management on the potential impact.
• Coordinate with external auditors and tax authorities during audits and investigations.
• Provide support during budget preparation, focusing on tax-related issues and implications.
• Offer guidance and training to staff on VAT and tax matters.
• Assist in the development and implementation of tax strategies to optimize tax liabilities.
• Qualifications and Skills:
• Educational Requirements:
• Bachelor’s degree in Accounting, Finance, or a related field. A Master’s degree will be an added advantage.
• Professional certification such as CA (Chartered Accountant), CMA (Cost & Management Accountant), or ACCA (Association of Chartered Certified Accountants) is preferred.
• Experience Requirements:
• 2-4 years of experience in VAT and tax management, preferably within a corporate environment in Bangladesh.
• Strong knowledge of Bangladesh VAT and tax laws, including the Income Tax Ordinance 1984 and VAT and Supplementary Duty Act 2012.
• Technical Skills:
• Proficiency in accounting software (e.g., Tally, QuickBooks, or other relevant software) and MS Office, especially Excel.
• Experience with e-filing and VAT online systems as per NBR requirements.
• Strong analytical skills with the ability to interpret tax regulations and apply them effectively.
• Personal Attributes:
• Attention to detail and a high degree of accuracy.
• Excellent organizational and time-management skills.
• Strong communication and interpersonal skills.
• Ability to work under pressure and meet tight deadlines.
• Ethical conduct and ability to handle sensitive and confidential information.
• Additional Requirements:
• Familiarity with NBR procedures and practices.
• Understanding of international tax treaties and their implications for cross-border transactions (preferred but not mandatory).
• Application Process: Interested candidates are invited to submit their CV along with a cover letter to [email protected] by 21st September. Please mention the position "VAT & Tax Officer" in the subject line.