Assistant Manager Taxation
Hextar Chemicals
PKR 125,000 • Published Date: • Lahore, Pakistan (On-Site)
Description
Hextar Chemicals is seeking a dedicated and knowledgeable Assistant Manager Taxation to strengthen our financial compliance and taxation efforts. This role focuses on ensuring accurate corporate tax compliance, preparing and reviewing tax returns, and maintaining adherence to direct and indirect taxation regulations. The ideal candidate has a strong foundation in income tax laws, sales tax, and regulatory requirements, coupled with practical experience in taxation processes and financial reporting. They demonstrate attention to detail and a commitment to maintaining accurate tax records while supporting the company’s overall tax strategy. In this position, the Assistant Manager Taxation plays a vital role in tax planning, risk management, and handling tax audits and assessments. Although this role does not involve team management, it requires collaboration with cross-functional departments and regulatory authorities. Strong analytical skills, tax research capabilities, and proficiency in tax software and ERP systems are essential to perform effectively. The successful candidate contributes to the company’s tax compliance framework and ensures timely and accurate tax filings aligned with prevailing laws and regulations.
Responsibilities
- Prepare, review, and file corporate tax returns accurately and within deadlines to ensure compliance with income tax and sales tax laws.
- Conduct tax provision and accounting activities to reflect accurate tax liabilities in financial statements.
- Manage direct and indirect taxation compliance, including maintaining up-to-date knowledge of relevant laws and regulations.
- Perform transfer pricing compliance tasks, including documentation and adherence to related regulations.
- Carry out detailed tax research and interpret regulatory updates to implement necessary adjustments in tax policies and procedures.
- Handle tax audits, assessments, and liaise with tax authorities, including responding to Federal Board of Revenue notices effectively.
- Plan and manage tax risks by analyzing tax positions and recommending strategies that optimize tax benefits and minimize liabilities.
- Prepare tax reconciliations and reporting to support internal and external financial audits.
- Utilize tax software and ERP systems for efficient tax filing, challan preparation, and digital invoicing processes in compliance with FBR guidelines.
- Collaborate with accounting and finance teams to ensure accurate tax data integration and resolve discrepancies.
- Stay updated on changes in tax legislation and digital tax initiatives, such as FBR Digital Invoicing and IRIS system implementation.
- Maintain comprehensive transfer pricing documentation aligned with regulatory requirements.
- Support tax planning initiatives to enhance the company's tax efficiency and compliance posture.
- Leverage strong MS Excel skills to analyze tax data and produce detailed reports for management review.
- Provide insights and recommendations on tax-related issues to support decision-making processes within the organization.
Experience
1 Year
Apply By
Required Skills
- Direct Tax Compliance and Income Tax Return Filing
- Analytical Skills
- Accounting Software
- MS Excel
- FBR Regulations
- Sales Tax
- Income Tax
- FBR Digital Invoicing
- FBR Notices & Audit Handling
- Tax Audit and Transfer Pricing Documentation
- Corporate Tax Compliance
- CA
- Tax Software And ERP Systems
- Tax Reconciliation and Reporting
- Tax Planning And Risk Management
- Tax Audit And Assessment Management
- Tax Research And Regulatory Interpretation
- Transfer Pricing Compliance
- Direct and Indirect Taxation
- Tax Provision And Accounting
- Tax Return Preparation And Review
Nice to Have Skills
- Tax Challan & CRP Preparation