Experience
- At least 10 years
- The applicants should have experience in the following business area(s): Buying House, Garments, Sweater Industry, Textile
Education
- Bachelor of Business Administration (BBA) in Accounting, Finance
CA/CC, ITP, CMA, or relevant tax/VAT training will be an advantage.
Requirements
- At least 10 years
- The applicants should have experience in the following business area(s): Buying House, Garments, Sweater Industry, Textile
Skills Required
Additional Requirements
- Age At least 32 years
- Only Male
Responsibilities & Context
Job Context
Target Group is looking for an experienced and proactive professional for the position of Manager – Tax & VAT to oversee the Group's taxation and VAT compliance activities across its manufacturing entities.
The incumbent will be responsible for ensuring compliance with applicable Bangladesh tax and VAT laws, managing tax and VAT returns, coordinating with regulatory authorities, supporting audits and assessments, and implementing effective tax and VAT control systems.
The position requires strong technical knowledge of Bangladesh taxation and VAT regulations, hands-on experience in the manufacturing/RMG sector, and the ability to manage compliance activities across multiple business entities.
Job Responsibilities
1. Tax Compliance & Management
Ensure timely preparation and submission of corporate income tax returns for all applicable Group entities.
Manage withholding tax (TDS) compliance, including deduction, deposit, return submission, and issuance of tax deduction certificates.
Oversee advance tax calculations, payments, and tax assessments.
Review tax computations, financial transactions, and supporting documentation to ensure accuracy and compliance.
Identify tax risks and opportunities for lawful tax planning and optimization.
2. VAT Compliance & Management
Ensure timely preparation and submission of monthly VAT returns (Mushak-9.1) and other applicable VAT statements.
Monitor VAT registration, enlistment, and compliance requirements for all relevant Group entities.
Ensure proper maintenance of VAT registers, including purchase, sales, input VAT, and output VAT records.
Review and ensure proper preparation and documentation of applicable Mushak forms, including Mushak-6.3, 6.6, 6.10, and other relevant forms.
Monitor VAT deduction at source (VDS), VAT payments, adjustments, rebates, and input VAT credit eligibility.
Ensure proper VAT treatment of local purchases, imports, exports, and intercompany transactions.
3. Regulatory Liaison & Tax/VAT Assessments
Maintain professional communication and liaison with the National Board of Revenue (NBR), relevant tax offices, and VAT authorities.
Handle tax and VAT notices, queries, assessments, hearings, and related documentation.
Coordinate with external tax consultants, auditors, and legal advisors where necessary.
Support the resolution of tax and VAT disputes in accordance with applicable laws and regulations.
4. Audit & Risk Management
Coordinate internal and external tax and VAT audits, assessments, and inspections.
Ensure proper preparation and submission of audit-related documents and supporting evidence.
Identify tax and VAT compliance gaps, risks, and potential financial exposures.
Develop and monitor corrective action plans to address identified compliance issues.
Maintain audit-ready tax and VAT documentation for all relevant Group entities.
5. Documentation
Maintain accurate and updated tax and VAT files, registers, returns, certificates, challans, and supporting documents.
Ensure proper reconciliation of tax and VAT records with financial statements and accounting records.
Monitor ERP/accounting system entries to ensure accurate tax and VAT treatment of transactions.
Support the automation and digitalization of tax and VAT compliance processes.
6. Group Coordination & Reporting
Coordinate tax and VAT compliance activities across Group factories and corporate office functions.
Work closely with Finance, Accounts, Commercial, HR, and factory management to ensure timely compliance.
Prepare periodic tax and VAT compliance reports, risk assessments, and updates for management.
Monitor statutory deadlines and ensure timely completion of all tax and VAT obligations.
7. Process Improvement & Regulatory Updates
Keep updated on changes in Bangladesh tax and VAT laws, rules, regulations, and NBR circulars.
Assess the impact of regulatory changes and implement necessary compliance measures.
Identify opportunities for process improvement, operational efficiency, and lawful tax optimization.
Establish effective internal controls and standard operating procedures for tax and VAT management.
Job Other Benifits
- Festival Bonus: 2
- Salary Review: Yearly
- Lunch Facilities: Partially Subsidize
Weekly Holiday 1 Day,
Good working environment