We need VAT MANAGER instead of VAT Officer: A VAT Manager is responsible for managing a company’s VAT compliance, reporting, and tax-related operations. Typical responsibilities include:
- Ensuring accurate calculation and payment of VAT.
- Preparing and submitting VAT returns within statutory deadlines.
- Maintaining VAT records, invoices, purchase and sales registers, and supporting documents.
- Monitoring VAT on purchases, sales, imports, exports, and services.
- Ensuring compliance with applicable VAT laws and regulations.
- Handling VAT audits, inspections, assessments, and correspondence with the tax/VAT authority.
- Reviewing VAT-related contracts, invoices, and transactions to identify risks or errors.
- Advising management and other departments on VAT implications of business transactions.
- Coordinating with accounts, commercial, procurement, sales, and finance teams regarding VAT matters.
- Monitoring VAT receivables/payables, adjustments, refunds, and deductions.
- Keeping the company updated on changes in VAT rules and implementing necessary changes.
- Maintaining proper documentation to support VAT claims and minimize penalties or disputes.
- Assisting with internal controls and improving VAT processes and reporting.
- Interact with the National Board of Revenue (NBR), VAT divisions offices and Circle
