Iqbal Group of Companies is seeking a dedicated Senior Tax Associate to join their team in Lahore. This role is ideal for a professional with significant experience in managing tax compliance and reporting within the Pakistani regulatory framework.
Responsibilities
- Tax Filings: Prepare and file monthly sales tax returns in accordance with the Sales Tax Act, 1990, alongside relevant provincial returns for PRA, SRB, KPRA, and BRA.
- Withholding and Advance Tax: Manage withholding tax statements and advance tax computations while ensuring all deducted and deposited taxes are reconciled.
- Audit and Documentation: Support the Team Lead by maintaining precise documentation for internal reviews, filings, and audits.
- Monitoring and Compliance: Track all ongoing tax matters to ensure strict adherence to deadlines.
- Refund Claims: Prepare, submit, and maintain all necessary supporting documentation for tax refund claims.
- Financial Reconciliation: Interpret financial statements and ensure they are accurately reconciled with tax returns.
Requirements
- Education: Must hold an M.Com or MBA degree.
- Experience: Between 4 to 5 years of professional experience specifically in tax matters.
- Legal Knowledge: A comprehensive understanding of the Income Tax Ordinance 2001, the Sales Tax Act 1990, and all associated Rules, SROs, and circulars.
- Regulatory Familiarity: Working knowledge of provincial sales tax on services, as well as Federal Excise and Customs regimes.
