Deputy Manager/Manager - VAT & Tax

Company OverviewDeeplaid Laboratories Ltd. is a leading natural medicine Homoeo, Unani, Herbal and Pharmaceutical manufacturer in Bangladesh. The company started its journey in 2000 with the honest promise of providing quality medicines at affordable prices to people. Its state-of-the-art manufacturing plant located at Matuail, Jatrabari. 7 km from central Dhaka, is equipped with highly sophisticated and advanced facilities. The facility is planned and designed to meet the local as well as international demand both qualitatively and quantitatively. Finance & Accounts Department is playing a vital role for our organization. To support our F & A team, we are looking for the following position.Position: Deputy Manager/Manager - VAT & TaxDepartment: Finance & AccountsJob Location: Head Office (Dhaka)Job PurposeTo ensure compliance with VAT and tax regulations for the company’s manufacturing operations, maintain accurate tax records, and support in tax planning and management. This role is crucial for minimizing VAT & Tax-related risks and ensuring alignment with government policies to support smooth operational functions.Job ResponsibilitiesVAT Compliance & Management

• Ensure compliance with applicable VAT laws, rules, regulations, and guidelines.
• Supervise the preparation, review, and timely submission of monthly VAT returns and other statutory statements.
• Review and verify VAT challans, Mushak forms, VAT invoices, credit notes, debit notes, and sound knowledge of Mushak register & Form
• 4.3,6.1,6.2,6.3,6.5,6.6,6.7,6.8,6.10 & 9.1 etc.
• Ensure accurate VAT deduction, collection, payment, adjustment, and reconciliation in accordance with applicable regulations. Open Business Identification Number (BIN), TIN and other statutory registrations and documentation (RJSC).
• Ensure proper maintenance of VAT registers, books of accounts, supporting documents, and records.
• Monitor VAT transactions and identify discrepancies or non-compliance issues for timely resolution.

Income Tax Management

• Develop and implement effective tax planning strategies to optimize the organization's tax liabilities within the applicable legal framework
• Ensure timely preparation and submission of corporate income tax returns and Quarterly withholding Tax return U/S 177.
• Review annual tax computations, tax assessments, and supporting financial information.
• Monitor current tax liabilities, deferred tax, and tax provisions in coordination with the Finance and Accounts Department.

Tax Planning, Risk Management & Advisory

• Develop and implement tax-efficient strategies to minimize VAT and income tax exposure.
• Identify potential VAT and income tax risks and recommend appropriate corrective and preventive measures.
• Assess the tax implications of business decisions and provide recommendations to management.
• Monitor changes in VAT and income tax legislation and evaluate their potential business impact.

Regulatory Compliance, Audit & Litigation Management

• Liaise with the National Board of Revenue (NBR), VAT Commissionerate's, Tax Offices, and other relevant regulatory authorities.
• Coordinate VAT and income tax audits, assessments, investigations, and other regulatory proceedings.
• Manage tax-related notices, queries, appeals, disputes, and responses in consultation with management and legal advisors.

• Age 35 to 40 years

Key Competencies & Skills

• Practical experience in VAT return preparation, tax computation, tax planning, and regulatory compliance.
• Ability to manage regulatory audits, tax assessments, disputes, and compliance-related matters independently.
• Strong leadership, team management, and stakeholder management capabilities.

Experience Requirements:

• At Least 10 years of overall professional experience.
• At least 2 years of relevant experience in VAT and Income Tax management in a reputed organization.
• Experience in handling corporate VAT compliance, income tax matters, tax audits, assessments, and regulatory liaison will be preferred.

Additional Requirements:

• Excellent command of MS Office applications, particularly MS Excel.
• High level of integrity, professionalism, confidentiality, and accountability.

Educational Requirements:

• Master's degree in Accounting, Finance, Business Administration, or a relevant discipline from a recognized university.
• Part-qualified CA, Income Tax Practitioner (ITP), along with recognized VAT and Tax training or certifications, will be preferred.

Salary: Competitive remuneration package Festival Bonus, Year Ending Bonus & other benefit as per practice. Long term benefits - Provident fund, Leave Encashment & other long-term benefits.