INCOME TAX OFFICER: - (Textile)

We are looking for a qualified and detail-oriented Income Tax Officer to join our Finance & Taxation Department. The ideal candidate will be responsible for managing income tax compliance, ensuring accurate tax filings, and maintaining thorough tax records. This role requires strong knowledge of tax laws and regulations, excellent analytical skills, and the ability to coordinate with various internal and external stakeholders to support the company’s tax-related activities.

Key Responsibilities

- Prepare and file annual income tax returns along with applicable withholding tax statements in a timely and accurate manner.
- Calculate, deduct, deposit, and reconcile withholding taxes on supplier payments, contractors, salaries, and other relevant transactions.
- Ensure compliance with the Income Tax Ordinance, 2001, and all applicable Federal Board of Revenue (FBR) rules and regulations.
- Maintain accurate and organized tax records, including challans, certificates, invoices, and other supporting documentation.
- Reconcile withholding tax deductions with the general ledger and accounting records to ensure consistency and accuracy.
- Manage FBR notices, tax assessments, audits, and related correspondence efficiently and professionally.
- Coordinate with internal departments, external tax consultants, auditors, and FBR officials to facilitate smooth tax operations.
- Monitor updates and changes in tax laws and assess their potential impact on company operations and compliance requirements.
- Assist in tax planning, risk assessment, and the preparation of detailed tax-related reports to support management decisions.
- Maintain and update tax records and filings through the FBR IRIS portal, ensuring all submissions are accurate and timely.

Required Qualifications

- Bachelor’s or Master’s degree in Accounting, Finance, Commerce, or a related discipline.
- 3 to 5 years of relevant experience in income tax and withholding tax compliance, preferably within a corporate finance or taxation department.
- Strong knowledge of the Income Tax Ordinance, 2001, FBR regulations, and practical experience using the IRIS portal for tax filings.
- Proficiency in Microsoft Excel and familiarity with accounting or ERP systems to manage tax data and reports effectively.
- Excellent analytical skills with a keen eye for detail and accuracy in record keeping.
- Strong communication skills to effectively liaise with internal teams and external authorities.

Preferred Qualifications and Benefits

- Experience working in the textile or manufacturing industry will be considered an advantage due to the specific tax compliance requirements in these sectors.
- The position requires working on-site to ensure close coordination with the finance team and other departments.

This role offers an opportunity to contribute significantly to the company’s financial compliance and tax strategy. If you have a strong background in income tax compliance and are looking to advance your career in a dynamic environment, we encourage you to apply.