Manager Taxation

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We work in two ways – directly with individuals to transform their lives, and with governments and partners to make a bigger difference for the longer term, creating benefit for millions of people all over the world. We help young people to gain the skills, confidence and connections they are looking for to realise their potential and to participate in strong and inclusive communities. We support them to learn English, to get a high-quality education and to gain internationally recognised qualifications. Our work in arts and culture stimulates creative expression and exchange and nurtures creative enterprise. We connect the best of the UK with the world and the best of the world with the UK.

These connections lead to an understanding of each other's strengths and of the challenges and values that we share. This builds trust between people in the UK and other nations which endures even when official relations may be strained. We work on the ground in more than 100 countries. In 2019-20 we connected with 80 million people directly and with 791 million overall, including online and through our broadcasts and publications.

Payband: 6
Location: Dhaka
Department: Finance
Contract type: Indefinite (locally appointed)
Closing date: Sunday, 3 April 2022

Role Purpose:
The post holder is responsible to –

  • Support the new Tax reporting and process requirements for BCSBL.
  • With oversight from the Financial Controller and support of the Bangladesh Finance team, the role will support management in the corporate planning process and assess British Council tax strategy year on year and bring efficiency in Tax liabilities.
  • The role will also ensure the submission of Income Tax & VAT returns in due time.
  • Deliver a full range of Tax & VAT services in compliance with laws and regulations.
  • Ensure proper compliance as per Bangladesh Income Tax Ordinance 1984, Company Law and VAT Act.

Challenges & Accountabilities:

Main challenges:

  • Ensure effective and efficient tax management and reporting as par local Laws for BCSBL.
  • Guarantee integrity of financial data by performance of reviews and reconciliations in line with International Financial Reporting Standards (IFRS), UK Financial Reporting Standards (FRS 102), and all relevant local statutory regulations, including tax-related legislations, foreign exchange policies, etc.
  • Act as one of the key finance business partner operations in Bangladesh

Main accountabilities:
Manage regular calculation of taxes, statutory returns, and tax compliances-80%

  • Filing of annual tax return u/s 75
  • Filing of half-yearly/Yearly TDS/withholding tax return submission u/s 75A
  • Filing of monthly VAT return (VAT 9.1); treasury deposit to VAT deduction at source.
  • Filing of monthly suppliers’ TDS statements under rule 18.
  • Filing of monthly salary TDS statement u/r 21 and submit yearly 108 & 108A return.
  • Calculating Withholding VAT / VAT deduction at source (VDS) when make suppliers’ payment.
  • Issuance of VAT 6.3 (Tax Invoice) on regular basis and VDS certificate (VAT 6.6) on monthly basis
  • Calculating Withholding tax / tax deducted at source (TDS) on regular basis as and when payment made or create payable
  • Issuance of withholding Tax certificate to supplier according to the laws.
  • Complete monthly reconciliations VAT and tax general ledger balances
  • Maintenance of VAT and WHT record keeping on regular basis
  • Manage compliances on overdue tax invoices according to the BCSBL control standards.
  • Coordinate tax audits with Tax/VAT authorities, consultants and internal audit.

Finance Tasks-10%

  • Support monthly / month-end accounts review process in collaboration with Financial Controller.
  • Support on transfer pricing audit and central bank reporting.
  • Actively supports the management of internal and external audits.
  • Regular review, analysis, and improvement of the quality of accounting processes in conjunction with the Financial Controller.

Support Company Secretary duties -10%

  • Scheduling Board Meetings, notifying directors, drafting agendas for the Chair’s approval, liaising and providing guidance on content to those required to prepare papers, issuing board papers, recording board decisions clearly and accurately, pursuing follow-up actions and reporting on matters arising.
  • Establishing and monitoring procedures to ensure that the company complies with its governing document (articles of association), relevant company legislation and external filing obligations and deadlines. This includes any requirements in relation to shareholder meetings and the filing with the relevant authorities of:
    • annual returns,
    • annual report and accounts,
    • changes to the governing document, and
    • changes in directors.

Requirements:

  • Bachelor’s degree in Finance and Accountancy
  • Certification and Professional Qualifications: Qualified /Part Qualified Accountant of ACA/ ACCA or other professional bodies.
  • Minimum 3 years practical experiences on handling the Tax and VAT related data under local laws and handling tax/ VAT audits.
  • Good knowledge and skills on understanding of local laws (Company act, Income tax and VAT act)
  • In depth experience and technical knowledge of tax accounting and disclosures for accounting purposes, including deferred tax, prior year adjustments and multiple years, etc.
  • Good knowledge of transaction taxes and general accounting practices along with international accounting standards (IAS/IFRS).
  • Experience working with the reputed audit firm is preferable
  • Experience in the use of SAP

Benefits:

  • Attractive salary and benefits will be offered to the deserving candidate
  • An inclusive and engaging work environment encouraging cross-team collaboration and building connections with colleagues from different disciplines around the world
  • Flexible working opportunities to support employee aspirations, personal activities and pursuits
  • A learning environment with plenty of opportunities to develop skills and knowledge
  • Experience of working in an international organisation which fosters work-life balance and commitment to smart working

Additional Information:

  • Applicants should be Bangladeshi passport holder or legally entitled to work in Bangladesh
  • All necessary background checks as per the British Council Pre-Appointment Screening policy along with medical check-up will need to be completed successfully prior to signing the final employment contract

Only shortlisted applicants will be contacted and called for interview. We will only shortlist applications submitted on a British Council application form submitted electronically through our careers portal. Any hard copies of the application and incomplete application in the portal will not be accepted.

To apply, please click on the following link that will take you to the careers portal of British Council - Apply here

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Equality Statement
The British Council is committed to a policy of equality and to valuing diversity and is keen to reflect the diversity of the societies in which we work at every level within the organisation. We welcome applications from all sections of the community. We aim to abide by and promote equality legislation by following both the letter and the spirit of it to avoid unjustified discrimination, recognising discrimination as a barrier to equality of opportunity, inclusion and human rights. All staff worldwide are required to ensure their behaviour is consistent with our policies.

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