Assistant Manager Taxation

About the role

Hextar Chemicals is looking for an Assistant Manager Taxation in Lahore to strengthen its financial compliance and taxation efforts. The role covers corporate tax compliance, preparation and review of tax returns, and adherence to direct and indirect taxation regulations. It involves tax planning, risk management and handling tax audits and assessments, and works closely with accounting and finance teams and regulatory authorities.

Key responsibilities

• Prepare, review and file corporate tax returns accurately and on time under income tax and sales tax laws.
• Carry out tax provision and accounting activities so that tax liabilities are reflected correctly in financial statements.
• Manage direct and indirect taxation compliance and keep up to date with relevant laws and regulations.
• Handle transfer pricing compliance, including documentation and adherence to related regulations.
• Conduct tax research, interpret regulatory updates and adjust tax policies and procedures accordingly.
• Handle tax audits and assessments, and liaise with tax authorities, including responding to Federal Board of Revenue notices.
• Analyze tax positions, plan and manage tax risks, and recommend strategies that optimize tax benefits and minimize liabilities.
• Prepare tax reconciliations and reporting to support internal and external audits.
• Use tax software and ERP systems for tax filing, challan preparation and digital invoicing in line with FBR guidelines.
• Collaborate with accounting and finance teams to integrate tax data and resolve discrepancies.
• Stay updated on tax legislation and digital tax initiatives such as FBR Digital Invoicing and the IRIS system.
• Support tax planning initiatives and provide insights and recommendations to management.

Required profile

• Strong foundation in income tax laws, sales tax and regulatory requirements.
• Practical experience in taxation processes and financial reporting.
• Attention to detail and commitment to accurate tax records.
• Strong analytical skills and tax research capabilities.
• Proficiency in tax software and ERP systems; no team management required.