Accounts & Tax Assistant - TJ / 1818844

Our client IMLaw Associates is looking for a Accounts & Tax Assistant in Karachi

IMLaw Associates is seeking a diligent Accounts & Tax Assistant with at least one year of experience in tax compliance and return filing. This role demands a candidate who is proficient in managing accounts payable and receivable, performing bank reconciliations, and supporting tax filing and compliance activities. The ideal candidate will have practical experience using the FBR IRIS system for Income Tax and Sales Tax returns, as well as familiarity with the SRB Sales Tax Return portal. Attention to detail and accuracy are critical to ensure all financial data is collected, organized, and prepared correctly for timely tax filings. This position does not involve managing a team but requires strong independent work capabilities and a methodical approach to financial reporting and bookkeeping tasks.

The role also emphasizes foundational accounting skills, including ledger scrutiny, account reconciliation, and the preparation of working papers. Candidates should be comfortable working with accounting and tax preparation software to enhance efficiency and accuracy. Strong communication and organizational skills are necessary to meet compliance deadlines and support audit processes. This position offers the opportunity to work in a dynamic legal consultancy environment, providing essential accounting and tax assistance to meet statutory and regulatory obligations effectively.

Responsibilities

• Prepare and maintain accurate records of accounts payable and accounts receivable transactions.
• Perform bank reconciliation regularly to ensure financial data consistency.
• Assist in the preparation and filing of Income Tax Returns and Sales Tax Returns using the FBR IRIS system and SRB Sales Tax Return portal.
• Collect, organize, and validate financial data to guarantee precise tax filings and compliance with regulatory standards.
• Conduct ledger scrutiny and reconcile accounts to identify discrepancies and resolve them promptly.
• Prepare working papers that support the figures in accounts and ensure compliance with accounting standards.
• Support financial reporting activities by compiling necessary data and preparing reports as required.
• Use accounting and tax preparation software to complete bookkeeping and tax filing tasks efficiently.
• Assist in audit preparation by gathering relevant documentation and responding to audit inquiries.
• Ensure all tax filings are completed within required deadlines to maintain compliance with tax authorities.
• Maintain confidentiality and integrity of financial information, following company policies and regulatory requirements.
• Stay updated on changes in tax laws and regulations to ensure compliance and inform process improvements.