Taxation Officer

  • Karachi
  • Industry
  • Full time

Job Summary

Job Posted Oct 19, 2020
Job Sector Private
Job Category Industry
Job Type Full time
Job Level Officer
Job Company Farooq & sons
Job Location Karachi
Job Experince 5 year
Job Salary PKR 30,000-40,000 / Month
Job Qualification Bachelor
No of Openings 1 opening
Job Daedline October 31, 2020
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    Salary PKR 30,000-40,000 / Month
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    Shift Morning
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    No. of Openings 1 opening
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    Job Level : Officer
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    Job Experience : 5 year
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    Job Qualifications Bachelor

Job Description

We are looking for a "Taxation Officer" 


The candidate must have expertise and experience of managing sales tax for 3rd schedule products and have prior experience of dealing with Tax authorities. 


 Responsibilities: 


• Filing of monthly, annual and all statutory returns


• Responding to notices issued / proceedings initiated by FBR on timely basis without any unnecessary delay or adjournments. 


• Maintenance of all taxation related documents and other FBR issues


• Able to make compliance independently for the notices/letters issued from the tax department.


• Identifying tax risks on an ongoing basis and striving to bring process efficiencies preferably through automation and implementing best practices.


• Maintenance of complete and up to date data as required under Income Tax Ordinance, 2001 and Sales Tax Act 1990 is maintained in soft and hard forms


• Ensure compliance with all Income Tax, Sales Tax & Customs rules and regulations


• Ensure accurate and timely Tax Reporting including application of all internal Tax Policies, Guidelines and Best Practices



• Capable of taking initiative and ability to meet steep learning curve with positive and can- do attitude


• Preparation of monthly Federal sales tax returns


• Ensuring timely settlement of all Statutory payments relating to Indirect Tax including monthly provincial sales tax withheld across Pakistan, Federal Sales tax payable on supplies across Pakistan, 


• Preparing monthly Sales tax reconciliation to ensure all indirect tax ledgers are reconciled with the monthly return / withholding tax statements submitted with the tax authorities;



• Maintaining record of all Withholding Sales tax Challans and providing the same to the respective vendors on request


• Performing month end clearing of all GLs relating to Indirect taxes, and other statutory duties.


• Educating the stakeholders on best practices for tax compliance and keeping them updated with all changes in the relevant tax laws on a timely basis to ensure seamless compliance;


• Working as the first and final response person for issues / disagreements and queries relating to Indirect tax which includes liaising with internal stakeholders as well as vendors, customers and consultants for timely resolution;



Salary: Will be decided by the management depending on candidates experience and track


Core Responsibilities of the Job:

• Responsible for filling sales tax

• Submission of sales tax claims

• Follow up of sales tax refund



 Prior experience in the same domain is must.



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