Tax & Accounting Associate (Remote, Lahore, PKR Salary)

Requirements:

• ACCA/ CA / CPA /CMA qualified or pursuing.
• Proficient in UAE VAT and Tax Computations.
• 2-3 years of relevant work experience in an accounting firm
• Have excellent knowledge of Accounting standards
• Good understanding of accounting and financial reporting principles and practices.
• Quality standards, quality assurance policy, and procedure.
• Proficient in English.

Responsibilities:

• Interact proactively with clients to address their inquiries, concerns, and issues.
• Conduct in-depth interviews with clients to gain a comprehensive understanding of their financial situations.
• Address and resolve customer complaints promptly and professionally.
• Recommend additional financial products and services that align with clients' needs.
• Advise clients regarding any relevant laws related to VAT, CT, AML, ESR, UBO, etc
• Stay current with tax laws and regulations, providing clients with up-to-date guidance and advice.
• Assist clients in understanding and meeting tax and compliance requirements, minimizing the risk of penalties.
• Calculate taxes owed by meticulously following tax codes and regulations.
• Prepare a wide range of tax returns, from simple to complex, for both individuals and small businesses.
• Strategically help clients leverage federal, state, and local tax codes to maximize their eligible benefits.
• Identify potential deductions, tax credits, and advise clients on minimizing tax liabilities.
• Oversee the registration requirements and thresholds for VAT and CT.
• Verify the accuracy of past tax returns and ensure records are reconciled at all times.
• Refer to tax law handbooks for complex tax returns, ensuring compliance.
• Proficiently manage bookkeeping tasks, including Payables and Receivables Management.
• Oversee the maintenance of Petty Cash and coordinate with banks for daily deposits.
• Maintain meticulous records of client accounts, ensuring accuracy and compliance.
• Review and analyze financial records, including income statements and expenditure documentation.
• Regularly update financial trackers and databases to reflect the most current information.
• Ensure that tracking systems are accurate, well-organized, and accessible for reference and analysis.
• Utilize electronic filing software to accurately prepare and file tax returns.
• Ensure clients receive a copy of their completed tax return for their records.
• Prepare weekly/monthly summary reports to present to the management.