Job Description
Job Description
POSITION DETAILS
- POSITION TITLE: Senior Executive Taxation
- REPORTING TO: Head of Finance
- DEPARTMENT: Accounts & Finance
- JOB LOCATION: Colombo, Sri Lanka
POSITION PURPOSE
The Senior Executive – Taxation is responsible for managing direct and indirect tax compliance, ensuring adherence to Sri Lankan tax regulations, preparing tax computations, and assisting in tax planning and reporting activities of the organization.
The role requires close coordination with Finance, auditors, tax consultants, and government authorities including the Inland Revenue Department.
JOB RESPONSIBILITIES
- Tax Computation & Reporting.
- Prepare quarterly and annual tax computations
- Assist in deferred tax calculations under applicable accounting standards.
- Reconcile tax accounts with general ledger balances.
- Support tax disclosures in financial statements.
- Regulatory & Statutory Coordination
- Liaise with Inland Revenue Department
- External Auditors
- Tax Consultant
- Bank and Regulatory authorities
- Handle tax queries, assessment and correspondence.
- Tax Compliance
- Prepare and file Corporate income tax returns
- VAT returns
- WHT Schedules
- APIT related reconciliations
- Ensure timely payment of all statutory taxes
- Audit Documentation
- Maintain proper tax documentation and schedules
- Support tax audits and investigations
- Ensure availability of supporting documents for statutory review
- Export and BOI Taxation
- Handle Tax matters relating to Export Sales
- BOI Operations
- VAT Exemption/ zero rated supply
- Import-related tax documentation
- Coordinate with BOI and relevant authorities where required
JOB REQUIREMENTS
Qualifications and Experience
- Bachelor’s degree in accounting, Finance, or related field. or part qualification in CA, CIMA or ACCA.
- 3-6 years of proven experience in a similar role
Skills and Attributes
- Solid understanding Sri Lanka Inland Revenue Act.
- VAT Regulation
- WHT
- Proficiency in accounting/ERP systems.
- Ability to work under pressure and meet deadlines.
- Excellent communication and interpersonal abilities.
HOW TO APPLY
Interested candidates are requested to submit their updated resume to [email protected] with the subject line: "Application for Senior Executive Taxation"
