Sr. Executive / Executive - VAT & Tax

Job Location: Factory

• Job Responsibilities:
• Manage day-to-day VAT & Tax activities of the Steel & Re-Rolling Mill in compliance with applicable laws, rules, and NBR requirements.
• Maintain and update company BIN, VAT registration, Tax records, and other statutory documents.
• Prepare, verify, and maintain applicable Mushak forms, VAT registers, and supporting documents.
• Prepare and submit monthly VAT Return (Mushak-9.1) within the prescribed timeline.
• Maintain VAT records related to the purchase of billets, Scrap, raw materials, spare parts, Spare Parts, Consumables and other goods/services.
• Verify purchase invoices, VAT challans and supporting documents to ensure proper VAT treatment.
• Maintain VAT documentation related to production, transfer, sale, and dispatch of Finished Rod.
• Verify sales invoices and ensure correct VAT calculation and documentation for Finished Rod sales.
• Calculate, deduct, and maintain records of VDS/TDS/AIT as applicable.
• Prepare and maintain applicable Mushak forms including Mushak-6.1, 6.2.1, 6.3, 9.1 and other relevant forms.
• Reconcile Input VAT, Output VAT, VDS, and Tax-related transactions with Accounts, Purchase, Sales, Store, Production, and ERP records.
• Prepare and maintain Income Tax, Withholding Tax, TDS/AIT certificates, statements and supporting documents.
• Assist in preparation and submission of company Income Tax Returns and other statutory tax documents.
• Maintain proper records of supplier/customer tax deductions and ensure timely deposit of deducted VAT/Tax.
• Handle VAT & Tax-related notices, queries, inspections and correspondence with NBR, VAT Commissionerate and relevant government authorities.
• Coordinate with VAT/Tax consultants, auditors and government authorities when required.
• Prepare documents and schedules for VAT, Income Tax, statutory and external audits.
• Assist in resolving audit observations, VAT/Tax discrepancies and compliance issues.
• Monitor changes in VAT, Income Tax, SROs, rules, rates and NBR requirements and communicate relevant changes to management.
• Ensure proper VAT & Tax treatment of local purchases, imports, Billet/Scrap, machinery, spare parts, sales, services and other transactions.
• Maintain VAT & Tax records related to LC/import transactions where applicable.
• Reconcile VAT & Tax records with Tally/ERP, General Ledger, Purchase Register, Sales Register and Stock records.
• Ensure proper documentation and filing of invoices, challans, Mushak forms, tax certificates, returns, payment challans, and other statutory documents.
• Prepare monthly, quarterly, and yearly VAT & Tax compliance reports for management.
• Identify potential VAT & Tax risks and recommend corrective actions to management.
• Support internal, external, statutory and ISO/compliance audits by providing required VAT & Tax documents.
• Maintain confidentiality of company financial, commercial, and tax-related information.
• Ensure timely completion of all VAT & Tax compliance requirements.
• Perform any other VAT, Tax, Compliance and Finance-related duties assigned by management.

• Only Male

Additional Requirements/ Skills & Expertise

• ERP/Tally software practical knowledge
• Microsoft Office, Office 365
• Good communication and reporting skills
• Teamwork and problem-solving ability

• Professional training/certification in VAT, Tax, Accounting or Corporate Compliance will be an added advantage
• BBA/MBA/CA/CC

• 2 to 5 years
• The applicants should have experience in the following business area(s): Manufacturing (Light Engineering and Heavy Industry), Steel

Festival Bonus as per company policy`s Annual Salary Review as per company policy`s Lunch / Accommodation as per company policy`s