Manager Taxation

The Manager Taxation will oversee the company’s entire tax function, ensuring full compliance with Pakistan’s tax laws and regulations. This role includes managing both direct and indirect taxes, tax planning, preparation and filing of tax returns, handling tax audits, and maintaining effective communication with tax authorities. The objective is to minimize tax risks while ensuring timely and accurate compliance.

Key Responsibilities

- Tax Compliance & Management: Ensure timely preparation and filing of monthly, quarterly, and annual tax returns. Manage obligations related to income tax, sales tax, withholding tax, and other applicable taxes. Maintain compliance with the Federal Board of Revenue (FBR), Sindh Revenue Board (SRB), and other relevant authorities. Review tax calculations, reconciliations, and supporting documents for accuracy.

- Direct & Indirect Taxation: Oversee corporate income tax computations and annual tax returns. Manage sales tax returns, input/output tax reconciliations, and necessary adjustments. Ensure proper withholding tax deductions, deposits, and filing of withholding tax statements. Stay updated on changes in tax legislation and evaluate their impact on business operations.

- Tax Planning & Risk Management: Develop tax-efficient strategies aligned with legal requirements. Identify potential tax risks and recommend corrective measures. Support management in tax planning, budgeting, and financial decision-making. Maintain proper documentation to reduce tax exposures and avoid penalties.

- Tax Audits & Assessments: Coordinate tax audits, assessments, and inquiries conducted by tax authorities. Prepare timely responses to tax notices and maintain comprehensive supporting records. Manage tax disputes, appeals, and follow-up proceedings in collaboration with external tax consultants and legal advisors. Ensure timely resolution of tax matters and keep records of outstanding cases updated.

- Withholding Tax & Vendor Compliance: Review withholding tax deductions on vendor payments, salaries, contracts, and other transactions. Ensure timely deposit of deducted taxes and issuance of withholding tax certificates. Verify vendor tax profiles, including NTN/STRN details and applicable tax rates. Coordinate with Procurement, Accounts Payable, Payroll, and other departments on tax-related issues.

- Team Management & Internal Coordination: Supervise and guide the taxation team to ensure accuracy and timely completion of tasks. Collaborate with Finance, Accounts, Supply Chain, Procurement, and other business functions. Establish and improve tax procedures, internal controls, and documentation practices. Provide tax-related guidance to senior management and relevant stakeholders.

- Reporting & Documentation: Prepare periodic tax compliance reports and updates for management. Maintain tax records, reconciliations, payment evidence, and statutory documentation. Monitor tax liabilities, refunds, credits, and outstanding assessments. Support internal and external audits by ensuring tax records are readily available.

Required Qualifications

- Bachelor’s or Master’s degree in Accounting, Finance, or a related field.
- Professional qualification such as CA, ACCA, ICMA/CMA, or equivalent is preferred.
- Strong knowledge of Pakistan’s income tax, sales tax, and withholding tax regulations.

Experience

- 5 to 8 years of relevant taxation experience, preferably within FMCG, pharmaceutical, manufacturing, or distribution sectors.
- At least 2 to 3 years in a supervisory or managerial role is preferred.
- Experience interacting with FBR, SRB, tax audits, assessments, and statutory filings.

Required Skills

- In-depth knowledge of Pakistan’s tax laws and regulatory requirements.
- Expertise in income tax, sales tax, and withholding tax compliance.
- Proficiency in MS Excel and ERP/accounting systems.
- Strong analytical, problem-solving, and reconciliation skills.
- Effective communication, stakeholder management, and team leadership abilities.
- High standards of accuracy, confidentiality, and professional ethics.

Compensation

- Starting salary from Rs 240,000 per month.

Work Location

- This position requires in-person attendance.