Officer / Senior Officer – VAT
ফুল টাইম @Advanced Chemical Industries PLC (ACI) posted 2 ঘন্টা ago in Chemical Manufacturing Shortlist Email JobJob Detail
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Job ID 33544
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Career Level Officer
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Experience 2-3 Years
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Min. Qualification Bachelor's Degree
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Gender Any
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Industry Experience Health Care
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No. of Vacancy ১
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Job Location Chittagong Division
Job Description
Education
- Master of Business Administration (MBA) in Accounting
- Master of Business Administration (MBA) in Finance
- Bachelor of Business Administration (BBA) in Accounting
- Bachelor of Business Administration (BBA) in Finance
Experience
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- 2 to 4 years
- The applicants should have experience in the following business area(s): Audit Firms /Tax Consultant, Chemical Industries, Group of Companies, Manufacturing (FMCG)
Additional Requirements
Responsibilities & Context
1. VAT Operations and Monitoring
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Ensure smooth daily maintenance of all VAT-related records including:
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Mushak 6.3: Tax Invoices for sales.
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Mushak 6.6: VDS (VAT Deducted at Source) Certificates.
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Mushak 9.1: Monthly VAT Returns.
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Mushak 6.1 & 6.2: Purchase and Sales Account Books.
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Track performance metrics such as Input-Output Coefficients to ensure tax efficiency and compliance with declared ratios.
2. Compliance & Reconciliation
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Plan and execute monthly reconciliation between VAT Registers and the General Ledger (Books of Accounts).
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Respond promptly to discrepancies in tax credits or treasury deposits to prevent legal “downtime.”
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Maintain accurate “Challan” logs and ensure all treasury deposits are mapped to the correct economic codes.
3. Audit & Regulatory Safety
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Ensure all financial transactions comply with the current Finance Act and Government SROs.
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Conduct regular internal “health checks” (audits) of invoices and procurement files to resolve non-conformities before official inspections.
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Manage and represent the company during official VAT audits and field visits by NBR officials.
4. Documentation and Reporting
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Maintain meticulous VAT operation data, including archive files for input tax rebates (Rebates).
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Prepare Monthly VAT Returns and reports on tax liability, exemptions, and withholding tax (VDS).
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Track and initiate proactive approaches to keep the Tax-to-Sales Ratio and other KPIs within the expected range.
5. VDS and Resource Management
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Plan initiatives for tax optimization by ensuring timely “Input Tax Credit” claims.
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Strict monitoring of VDS (VAT Deducted at Source) from suppliers; ensuring the company does not bear the liability of vendor non-compliance.
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Monitor changes in tax rates (5%, 7.5%, 10%, 15%) across different service/product categories and update the system accordingly.
6. Stakeholder & Vendor Coordination
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Coordinate with external stakeholders (NBR officials, VAT Consultants) for smooth processing of appeals, refunds, or ADR (Alternative Dispute Resolution).
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Coordinate with the Procurement team to ensure vendors provide valid VAT 6.3 invoices, which are the “critical spares” for claiming tax rebates.
Skills & Expertise
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