Assistant Manager Taxation
Wateen is Pakistan’s leading information and communications technology company with a diverse portfolio of customers across industries. A pioneer in the telecommunications industry, Wateen is proud to have laid the foundation of Pakistan’s internet connectivity with the fastest-growing fiber-optic network.
Wateen is credited with transforming the landscape of communications technology in Pakistan through our efforts to revolutionize businesses with cutting-edge technology. With the country’s largest team of highly experienced certified resources, our subject matter experts ensure end-to-end support uniquely optimized for businesses and enterprises across various verticals.
Position Summary
The incumbent will oversee and manage the comprehensive spectrum of taxation responsibilities, ensuring regulatory compliance across the board (Federal and Provincial), take the lead in preparing withholding tax details and monthly sales tax returns, and provide expert advisory services on direct and indirect taxation matters to internal and external stakeholders.
Location
Lahore
Key Responsibilities
- Ensure compliance with the Income Tax Ordinance 2001 and other relevant regulations.
- Lead and mentor the taxation team, providing guidance on complex tax matters.
- Supervise the preparation of withholding tax details, monthly sales tax returns, and other regulatory submissions.
- Oversee the submission of monthly, quarterly, and annual withholding tax statements in accordance with the Income Tax Ordinance 2001.
- Supervise the submission of monthly Sales Tax/FED returns to regulatory bodies.
- Direct the submission of monthly/quarterly statements of employee salaries.
- Supervise parties’ supplies & services to ensure adherence to taxation regulations.
- Provide strategic advisory services on complex taxation issues to various internal and external stakeholders.
- Lead the preparation of detailed analyses in response to notices from taxation authorities.
- Oversee monthly Withholding Tax (WHT) reconciliation with the General Ledger to ensure precision in WHT payments.
- Ensure accurate reconciliation of Sales Tax withholding with vendors and the General Ledger.
- Lead the submission of annual returns for Sales Tax, adhering to regulatory requirements.
- Develop and implement strategies for Advance Tax in alignment with the Income Tax Ordinance 2001.
- Develop strategies for filing and following up on condonation with taxation authorities.
- Provide leadership in defending the Company’s stance before taxation authorities to mitigate input tax exposure.
- Collaboration efforts with external tax consultants (PWC/EY/KPMG) on critical taxation matters.
- Represent the taxation department in meetings within the organization and with vendors regarding taxation matters.
Required Skills
- Proven leadership experience in managing complex taxation portfolios.
- Strong strategic thinking and ability to align taxation initiatives with organizational goals.
- Exceptional communication skills for leading advisory services and high-level engagements.
- Ability to articulate complex taxation matters to both specialists and non-specialists.
- Exceptional organizational skills to lead multiple responsibilities efficiently.
- Strategic time management to drive compliance within regulatory deadlines.
Education & Experience
- A professional qualification such as ACCA, CA (qualified or part-qualified), or an equivalent qualification is mandatory. Firm experience shall be considered as a plus.
- A minimum of 3-5 years of hands-on experience in taxation, including leadership roles managing teams and strategic tax planning.