Job Description – Value Added Tax

Department:

Value Added Tax

Job Title

Sr. Consultant/ Assistant Manager

Threshold Competencies

• VAT Compliance: Assist in preparing, reviewing, and filing VAT returns. Ensure compliance with VAT laws, regulations, and reporting requirements.
• Research and Analysis: Conduct research on VAT laws, rulings, and industry updates. Analyze complex VAT issues and transactions to provide insights and recommendations.
• Documentation and Record-keeping: Maintain accurate records of VAT-related documents and transactions. Ensure proper documentation to support VAT compliance.
• Tax Planning and Strategy: Develop and implement VAT strategies to optimize the company's VAT position, minimize liabilities, and maximize benefits. Analyze business transactions for VAT implications and provide guidance on compliance.
• VAT Audit Support: Coordinate and manage VAT audits, inquiries, and assessments from tax authorities. Gather required documentation, prepare responses, and represent the company in discussions with tax authorities.
• Tax Research and Interpretation: Stay updated with changes in VAT laws, regulations, and rulings. Conduct research on complex VAT issues and provide guidance on their implications for the company.