Taxation Officer / Accounts Officer / Tax Officer, Farooq & Sons

Recruiter
Farooq & Sons
Location
Karachi, Pakistan
Salary
30,000 - 40,000 / Monthly
Posted
03 Dec 2020
Closes
03 Jan 2021
Contract type
Permanent
Hours
Full time
Experience level
Qualified accountant

We are looking for a "Taxation Officer

The candidate must have expertise and experience of managing sales tax for 3rd schedule products and have prior experience of dealing with Tax authorities. 

Responsibilities:

  • Filing of monthly, annual and all statutory returns
  • Responding to notices issued / proceedings initiated by FBR on timely basis without any unnecessary delay or adjournments. 
  • Maintenance of all taxation related documents and other FBR issues
  • Able to make compliance independently for the notices/letters issued from the tax department.
  • Identifying tax risks on an ongoing basis and striving to bring process efficiencies preferably through automation and implementing best practices.
  • Maintenance of complete and up to date data as required under Income Tax Ordinance, and Sales Tax Act is maintained in soft and hard forms
  • Ensure compliance with all Income Tax, Sales Tax & Customs rules and regulations
  • Ensure accurate and timely Tax Reporting including application of all internal Tax Policies, Guidelines and Best Practices
  • Capable of taking initiative and ability to meet steep learning curve with positive and can- do attitude
  • Preparation of monthly Federal sales tax returns
  • Ensuring timely settlement of all Statutory payments relating to Indirect Tax including monthly provincial sales tax withheld across Pakistan, Federal Sales tax payable on supplies across Pakistan, 
  • Preparing monthly Sales tax reconciliation to ensure all indirect tax ledgers are reconciled with the monthly return / withholding tax statements submitted with the tax authorities;
  • Maintaining record of all Withholding Sales tax Challans and providing the same to the respective vendors on request
  • Performing month end clearing of all GLs relating to Indirect taxes, and other statutory duties.
  • Educating the stakeholders on best practices for tax compliance and keeping them updated with all changes in the relevant tax laws on a timely basis to ensure seamless compliance;
  • Working as the first and final response person for issues / disagreements and queries relating to Indirect tax which includes liaising with internal stakeholders as well as vendors, customers and consultants for timely resolution;
  • Salary: Will be decided by the management depending on candidates experience and track

  • Core Responsibilities of the Job:
  • Responsible for filling sales tax
  • Submission of sales tax claims
  • Follow up of sales tax refund
  • Prior experience in the same domain is must.

    Education: Bachelors

    Degree Title: BBA / B.Com / Equivalent

    Career Level: Experienced Professional

    Experience: 5 Years

    Apply By Date: Oct 31, 2020

    For further information, and to apply, please visit our website via the “Apply” button below.

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