Tax Specialist

Job Purpose

• Ensure full compliance with Pakistan’s direct and indirect tax regulations.
• Accurately and timely file all tax returns.
• Manage and resolve tax assessments and audits.
• Engage proactively with tax authorities and external consultants.
• Support strategic decision-making by providing tax-related insights.
• Ensure all business transactions comply with applicable fiscal laws.

Key Accountabilities

Tax Compliance & Reporting

• Prepare and file monthly sales tax returns in accordance with federal and provincial regulations.
• Manage quarterly and annual income tax filings, including advance tax payments and deferred tax calculations.
• Submit withholding tax statements and ensure timely remittance to authorities.
• Maintain up-to-date documentation for all tax filings and ensure audit readiness.

Audit & Assessment Management

• Lead the resolution of tax assessments, audits, and inquiries by compiling relevant data and coordinating with external consultants.
• Act as the primary liaison with tax authorities, auditors, and internal stakeholders during audits and inspections.

Process & System Improvements

• Conduct monthly reconciliations of tax ledger accounts and resolve discrepancies.
• Identify and implement process improvements to enhance accuracy, efficiency, and compliance in tax operations.
• Collaborate with IT and finance teams to optimize SAP FICO usage for tax reporting.

Strategic Support

• Provide tax advisory support for new business initiatives, contracts, and transactions.
• Monitor changes in tax laws and regulations and assess their impact on the business.
• Support transfer pricing documentation and compliance, if applicable.

Others

• Risk Management: Develop and maintain a tax risk register and mitigation strategies.
• Training & Development: Conduct internal training sessions on tax compliance for finance and operations teams.
• Digital Transformation: Lead initiatives to digitize tax documentation and automate compliance workflows.
• Cross-border Taxation: If applicable, support regional tax matters including withholding tax on cross-border payments and treaty benefits.

Experience

• 5–6 years in taxation, preferably in a multinational or large corporate environment

Technical Skills:

• Proficiency in MS Excel and MS Office Suite
• Working knowledge of SAP FICO
• Familiarity with FBR and provincial tax portals
• Understanding of Company Law, Fiscal Regulations, and State Bank Trade Finance rules

Education

• ACCA, CA, or equivalent professional qualification