Assistant Manager – Taxation
Recruit AI
PKR 130,000 • Published Date: • Lahore, Pakistan (On-Site)
Description
Recruit AI is searching for a diligent and detail-focused Assistant Manager – Taxation to oversee and manage the taxation activities of the organization. The candidate will ensure full compliance with Pakistan's tax laws and statutory regulations while overseeing tax return preparation, filings, and reconciliations. This role demands a thorough understanding of the Federal Board of Revenue tax processes, including monthly sales tax and quarterly withholding tax statements, along with managing digital invoicing and record-keeping. The successful applicant will work closely with external tax consultants, auditors, the FBR, and SECP to maintain up-to-date compliance and proper navigation of tax audits or notices. This position requires independent management of multiple taxation tasks, delivering accurate financial reporting and ensuring timely statutory filings. Candidates should bring a strong background in taxation with excellent analytical skills, proficiency in tax software applications, and a robust understanding of local tax regulations as well as SECP statutory requirements.
Responsibilities
- Prepare and file monthly Sales Tax Returns accurately through the FBR IRIS online portal while ensuring data integrity and regulatory compliance.
- Manage and oversee the operations related to FBR Digital Invoicing, guaranteeing adherence to digital tax invoice standards and timelines.
- Prepare and submit quarterly Withholding Tax Statements on time and reconcile transactions to maintain accuracy.
- Compile and file annual Income Tax Returns, collaborating efficiently with external tax consultants to facilitate comprehensive reviews and timely submission.
- Handle and process income tax refund claims including associated documentation and follow-ups with FBR authorities, ensuring prompt resolution.
- Prepare tax payment challans and maintain Computerized Payment Receipts (CPRs) for all tax transactions to support audit trails and compliance check-ups.
- Coordinate with external tax consultants, auditors, and the FBR in managing tax audits, notices, and assessments to ensure the company's interests and compliance requirements are met.
- Administer SECP compliance by preparing and filing statutory documents and working closely with auditors throughout annual audits and regulatory inspections.
- Reconcile monthly and annual tax accounts by reviewing sales and purchase records, enabling accurate financial reporting and tax computations.
- Support the preparation and review of monthly financial statements to ensure reliable tax-related financial data is reflected in book closures.
- Own the preparation of tax computations as part of internal control measures and issuance of tax certificates to relevant stakeholders.
- Maintain comprehensive tax records, documentation, and compliance files to ensure availability of information for audits and regulatory purposes.
- Liaise proactively with FBR, SECP, external auditors, and tax consultants on taxation queries, updates, and regulatory changes affecting the company.
- Ensure timely compliance with all applicable Income Tax, Sales Tax, and Withholding Tax regulations, mitigating risks related to penalties or notices.
- Manage multiple taxation activities independently, prioritizing tasks to meet stringent deadlines while maintaining high accuracy and attention to detail.
Experience
4 Years
Apply By
Required Skills
- Sales Tax
- Tax Compliance Management
- Tax Law Knowledge
- Communication
- Documentation
- Financial Reporting
- MS Excel
- Numerical Skills
- Analytical Skills
- Statutory Filings
- SECP compliance
- Digital Invoicing
- FBR Iris
- Tax Reconciliations
- Withholding Tax
- Income Tax
- FBR tax filings
Nice to Have Skills
- ACCA
- CA
- Tax Audits
- Tax Consultants
- External Auditors
- Time management
- Coordination