Tax / Compliance Expert

We are looking for an experienced Tax and Compliance Expert to manage and oversee tax and regulatory compliance for our IT services organization operating in Pakistan. The role involves ensuring compliance with local tax laws, managing tax filings, and providing strategic tax planning to optimize financial outcomes while ensuring adherence to SECP, FBR, and SBP regulations.

Key Responsibilities:

Tax Management:

Prepare, review, and file accurate tax returns, including income tax, withholding tax, and sales tax, in compliance with Pakistan's tax laws.
Manage tax exemptions or rebates under relevant schemes (e.g., IT export incentives by the FBR).
Handle the processing and reconciliation of withholding taxes and ensure timely deposit with the FBR.
Oversee provincial tax compliance (e.g., PRA, SRB, KPKRA).

Compliance Oversight:

Ensure compliance with SECP regulations for corporate filings and disclosures.
Monitor compliance with State Bank of Pakistan (SBP) guidelines on foreign remittances and export proceeds.
Ensure adherence to tax incentives applicable under the Special Technology Zones Authority (STZA) or other IT-sector initiatives.

Risk Management:

Identify and mitigate potential tax risks by staying updated on changes in tax laws and regulations.
Conduct internal audits to ensure compliance with FBR rules and prepare for external tax audits.
Represent the organization in FBR hearings, tax tribunals, or with provincial tax authorities.

Stakeholder Collaboration:

Work closely with internal teams and external consultants to address tax and compliance requirements for IT export contracts.
Liaise with tax advisors, auditors, and legal counsel to address tax planning and compliance matters.
Collaborate with regulatory authorities to secure tax credits, exemptions, or clarifications.

Documentation and Reporting:

Maintain accurate records of tax filings, payment receipts, and compliance reports for audits and inspections.
Provide periodic updates to the management on compliance status, tax liabilities, and legislative changes.

Qualifications:

Bachelor’s degree in Accounting, Finance, or a related field; professional certification (ACCA, ICMA) is preferred.
3–4 years of experience in tax and compliance, with a focus on the IT or export-oriented sectors in Pakistan.
In-depth knowledge of Pakistan’s tax laws, including Income Tax Ordinance, Sales Tax Act, and relevant provincial tax statutes.
Familiarity with SECP, SBP, and FBR regulations, especially regarding IT exports.

Key Skills:

Strong understanding of tax laws and compliance frameworks in Pakistan.
Proficiency in tax software (e.g., IRIS, provincial e-filing systems).
Analytical mindset with the ability to assess complex tax scenarios.
Excellent communication and negotiation skills to liaise with authorities.

Preferred:

Experience managing compliance for companies operating under STZA or STPI frameworks.
Knowledge of tax treaty benefits under DTAs (Double Taxation Agreements).

Skills

Taxations Knowledge Tax Returns Management Compliance Management

Job Details

Industry:

Information Technology

Functional Area:

Accounts, Finance & Financial Services

Total Positions:

1 Post

Job Shift:

First Shift (Day)

Job Type:

Full Time/Permanent

Job Location:

Rawalpindi, Pakistan

Gender:

No Preference

Minimum Education:

Certification

Degree Title:

Bachelor’s degree in Accounting, Finance, or a related field; professional certification (ACCA, ICMA) is preferred

Career Level:

Experienced Professional

Experience:

3 Years - 4 Years

Apply Before:

Feb 01, 2025

Posting Date:

Dec 31, 2024

One Network Pvt Ltd

Information Technology · 601-1000 employees - Rawalpindi

ONE NETWORK PRIVATE LIMITED is a One-Stop-Solution for Smart Motorways - Connecting Future through innovative technologies and smart communication on and beyond Motorways and Highways in Pakistan. One Network is providing Information & Communication Services for Electronic Toll Collection (ETC) and Intelligent Trasport System (ITS) along with Telecommunication Infrastructure Services along with Pakistan's Motorways Network. One Network is all about utilizing the available resources to pave the way towards a more connected and sustainable Pakistan, both digitally (high-speed connectivity by state-of-the-art Telecom Infrastructure) and physically (safer, seamless, and hassle-free commuting on Motorways). For a greener Pakistan, One NETWORK is striving towards the goal of achieving zero emissions by minimizing congestions on the roads and introducing IT-driven operational efficiency in multiple domains. If you can add value to ONE NETWORK with your skills and experience and your goals and motivations are the same, we welcome you to join! Apply for the Open jobs!