Senior Taxation Officer - Atif Brothers Pvt Ltd

Position : Taxation Executive / Assistant Manager Taxation

Education Level : CA / ACCA / MBA

Experience : From 5 to10Years

Area : Taxation and Finance

Industry Type : Oil Tire & Auto Parts (will be preferred)

Salary Package : Rs. 60000/ to 85000/

Job Description

1. Tax Compliance:

• Ensure the organization complies with all federal state and local tax laws and regulations.
• Prepare and review tax returns including income tax sales tax property tax and other relevant tax filings.
• Stay uptodate with changes in tax laws and regulations and implement necessary updates to the companys tax compliance procedures.

2. Tax Planning:

• Develop and implement tax strategies to minimize the companys tax liabilities while remaining compliant with tax laws.
• Analyze the tax implications of business decisions transactions and investments to make informed recommendations to management.

3. Tax Reporting:

• Oversee the preparation and submission of accurate and timely financial statements tax provision calculations and disclosures for external reporting purposes.
• Ensure the companys tax accounting is in accordance with Generally Accepted Accounting Principles (GAAP).

4. Audits and Examinations:

• Manage tax audits examinations and inquiries by tax authorities. Work to resolve any disputes or discrepancies with tax authorities.
• Prepare and maintain records documentation and support for tax audits.

5. Tax Research:

• Conduct tax research to stay informed about tax laws and regulations that may impact the organization.
• Advise on tax implications of potential mergers acquisitions and restructuring.

6. Team Management:

• Supervise and mentor a team of tax professionals including tax accountants and analysts.
• Ensure the teams ongoing professional development and provide guidance and support as needed.

7. Compliance Reporting:

• Ensure that all financial and tax filings are accurate and submitted in a timely manner.
• Maintain records and documentation for tax compliance purposes.

8. Risk Management:

• Identify potential tax risks and develop strategies to mitigate them ensuring the organizations financial health and reputation.

9. Cost Management:

• Manage the tax budget and control costs associated with tax compliance and planning efforts.

10. Communication:

• Communicate tax implications and strategies effectively to senior management and other relevant departments.
• Collaborate with legal finance and other teams to align tax strategies with overall business objectives.

11. Relationship Management:

• Establish and maintain relationships with external tax consultants auditors and regulatory authorities.
• Represent the organization in tax matters and discussions with external stakeholders.

12. Compliance with International Taxation: If applicable manage international tax matters including transfer pricing foreign tax credits and compliance with international tax treaties.

13. Policy Development: Develop and implement tax policies and procedures that align with the organizations strategic goals and objectives.

A Taxation Executive / Assistant Manager Taxation should possess strong analytical technical and leadership skills along with a deep understanding of tax laws and regulations. They play a critical role in helping the organization manage its tax obligations minimize tax liabilities and ensure compliance with tax laws. Additionally they contribute to strategic decisionmaking by providing insights into the tax implications of various business activities.

Job Type: Fulltime

Salary: Rs60000.00 Rs90000.00 per month

Ability to commute/relocate:

• Lahore: Reliably commute or planning to relocate before starting work (Required)