Senior Consultant Taxation

Job Responsibilities

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The Senior Consultant - Taxation will be responsible for ensuring complete and timely compliance with all Federal and Provincial tax laws, with a strong focus on accurate Sales Tax and Withholding Income Tax management. This role requires close liaison with Tax consultant, internal departments, and managing detailed reconciliation processes.



1. Sales Tax Compliance (FBR & SRB):



• ▪ Return Filing & Workings: Prepare and ensure the accurate filing of monthly Sales Tax returns and withholding statements (Federal and Provincial), including all necessary workings for Output Tax and Input Tax (Trade/Non-Trade) calculations;
• ▪ Withholding Sales Tax (WHST): Prepare detailed workings for Federal and Sindh Sales Tax Withholding liabilities;
• ▪ Reconciliation & Payment: Perform monthly Sales Tax reconciliations (including schedule reconciliation) to ensure compliance and Prepare PSIDs for Sales Tax liabilities;
• ▪ Data Management: Coordinate with external consultants for data submission related to Output Tax and incineration data for intimation to FBR;



2. Income Tax (Withholding Tax - WHT) Management:



• ▪ WHT Processing: Manage the entire Withholding Income Tax process, including the preparation of PSIDs for payment and coordinating the submission of payments to the bank;
• ▪ Reporting & Reconciliation: Compile and manage withholding data, including quarterly and annual reporting to FBR/SRB. Conduct reconciliation for Withholding Income Tax against the General Ledger;
• ▪ Vendor & Customer Management: Maintain copies of all vendor exemption certificates. Prepare and circulate WHT certificates to vendors and customers on a quarterly basis;
• ▪ Advance Tax: Prepare Quarterly workings for Advance Income Tax under section 147;
• ▪ Invoice Vetting & Advisory: Review invoices received from various departments to determine and apply the correct WHT tax code, WHT rate and section, STWH percentage applicability, and Sales Tax claimability.



3. Audit & Liaison:



• ▪ Consultant Coordination: Act as the primary liaison with external consultant for statement finalization, tax returns, and overall compliance matters;
• ▪ Audit Support:Maintain meticulous record-keeping for all tax audits, withholding tax monitorings including providing previous year’s tax audit data and compiling all CPRs and relevant settlement entries;
• ▪ Internal Coordination: Coordinate with the Payable Officer and Procurement team regarding invoice issues, debit/credit notes, vendor WHT codes in SAP, and ensuring timely tax payment processing post-approval;
• ▪ Customer WHT Verification: Verify customer WHT settlement, ensuring the CPR is authentic, the Recipient's National Tax Number (NTN) is correctly mentioned, and the CPR number is accurately noted.

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Eligibility Requirements

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• ▪ Candidate should have: ACCA, ICMA or Bachelor/MBA finance with relevant experience of 2-3 years and good knowledge of taxation laws;
• ▪ Preference will be given to candidates who have advanced Excel and data handling skills.

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