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Full-time
On-site
Posted 1 hour, 14 minutes ago
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0 applications
Job Description
Our client Riphah International University is looking for a Tax Compliance Specialist in Islamabad
Riphah International University seeks a detail\-oriented Taxation Executive and required further details are as follows:
**Requirements**
* Bachelor or MBA in Finance/M. Com with Experience 2 to 3 years relevant of Taxation.
**Key Competencies**
* Prepare and File Tax Returns (Income Tax, Sales Tax, PST, etc.)
* Prepare Tax Reports and Reconciliations
* Ensure Timely Payment of Taxes
* Maintain Compliance with FBR
* Support Stakeholders with Tax\-Related Decision\-Making
* Maintain Accurate Tax Records and Documentation
* Coordinate with Finance/Accounting Teams
**Responsibilities**
Prepare and File Tax Returns (Income Tax, Sales Tax, GST, etc.)
* Collect and review financial data (sales, purchases, expenses, payroll) from accounting records
* Compute taxable income as per the Income Tax Ordinance, 2001
* Prepare and file: Income Tax Returns (annual), Sales Tax / GST Returns (monthly), Withholding Tax Statements (monthly/quarterly)
* Reconcile declared figures with books of accounts before submission
* File returns through FBR’s IRIS portal within deadlines
* Ensure proper adjustment of input/output tax in sales tax returns
Prepare Tax Reports and Reconciliations
* Prepare monthly Tax Reports
* Reconcile: Tax payable vs tax paid, withholding tax deducted vs deposited, Sales tax input vs output
* Maintain tax schedules (deferred tax, provisions, advance tax)
Ensure Timely Payment of Taxes
* Track all tax due dates (income tax, sales tax, withholding tax)
* Calculate payable amounts accurately before deadlines
* Generate PSID (Payment Slip ID) via FBR system
* Coordinate with treasury/accounts for timely payments
Maintain Compliance with FBR
* Ensure compliance with all regulations of the Federal Board of Revenue
* Management of notices, audits, and inquiries issued by FBR and maintain correspondence records
* Ensure proper application of tax rates and exemptions
* Stay compliant with e\-filing, e\-invoicing, and documentation requirements
Support Stakeholders with Tax\-Related Decision\-Making
* Advise departments (procurement, sales, HR) on tax implications
* Assist Manager Finance in budgeting and forecasting from a tax perspective
* Support external auditors and consultants with required tax data
Maintain Accurate Tax Records and Documentation
* Organize and maintain: Tax returns, Payment receipts and PSIDs, withholding tax certificates, Invoices and supporting documents
* Ensure documentation is audit\-ready at all times
* Maintain records as per legal retention requirements
Coordinate with Finance/Accounting Teams
* Work closely with accounting team to ensure correct tax entries
* Verify general ledger balances related to taxes
* Align financial reporting with tax reporting
* Assist in month\-end and year\-end closing activities
* Ensure proper classification of expenses and revenues for tax purposes
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