Iqra Sabir
Deputy Manager Tax
Karachi, PK.About
Highly motivated Tax Professional with extensive experience across diverse organizations, specializing in comprehensive tax compliance, audit management, and strategic financial analysis. Adept at evaluating complex financial information and presenting insights to senior stakeholders, consistently driving regulatory adherence, optimizing tax structures, and mitigating financial risks to enhance organizational value.
Work
JCM Pakistan
|Assistant Manager Taxation
Pakistan, Pakistan
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Summary
Led comprehensive tax compliance and reporting for local and international entities, ensuring adherence to regulatory requirements and minimizing financial risk.
Highlights
Managed comprehensive annual tax compliance for diverse local and international entities, ensuring full adherence to regulatory requirements and treaty provisions.
Orchestrated multinational tax filings, collaborating with global teams to standardize reporting and significantly reduce exposure to double taxation.
Successfully navigated Federal Board of Revenue (FBR) tax audits, developing structured documentation and proactive follow-up to ensure timely resolution of compliance notices.
Directed the accurate and timely filing of Sales Tax, Provincial Taxes, and Harmonised Sales Tax (HST), ensuring strict adherence to multi-jurisdictional regulatory frameworks.
Calculated and managed quarterly advance tax liabilities under Section 147, achieving accurate estimations and timely payments in compliance with FBR mandates.
Provided critical technical support during financial year-end closures, ensuring precise tax treatment and integration of statutory adjustments into final accounts.
Tata Pakistan
|Deputy Manager Tax
Karachi, Sindh, Pakistan
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Summary
Finalized and submitted various tax returns and statements, ensuring audit-readiness, compliance, and providing expert tax advisory support.
Highlights
Managed the end-to-end process for annual Income Tax Returns, quarterly Withholding Statements, and monthly Sales Tax Returns, including reconciliation of debit and credit notes, maintaining audit-ready records for regulatory review.
Addressed audit notices and ensured continuous compliance by consolidating financial/tax data, adapting to legislative changes, and collaborating with consultants to align with revenue authority requirements.
Delivered expert tax advisory to internal departments, represented the organization in tax hearings, and ensured compliance through meticulous review of ERP-based payment invoices for proper withholding.
ORIX Leasing Company Limited
|Executive Taxation
Karachi, Sindh, Pakistan
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Summary
Managed the preparation and filing of various tax returns, handled tax authority notices, and ensured timely payment of withholding tax.
Highlights
Prepared and filed monthly Sales Tax and Income Tax Returns, ensuring accuracy and timely submission to tax authorities.
Managed and responded to notices from tax authorities, ensuring timely and compliant resolutions to inquiries and demands.
Ensured timely preparation of weekly Withholding Statements and prompt payment of Withholding Tax (WHT), maintaining compliance with statutory deadlines.
Prepared and filed annual returns for the Provident Fund, maintaining regulatory compliance for employee benefit schemes.
Administered tax on commissions for distributors and issued WHT Certificates to relevant parties, ensuring accurate documentation and compliance.
Managed tax rates within Oracle ERP to ensure system accuracy and compliance with evolving tax regulations and requirements.
International Steels Limited
|Executive Taxation
Karachi, Sindh, Pakistan
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Summary
Oversaw the preparation and filing of monthly tax returns, managed tax authority communications, and processed withholding tax documentation.
Highlights
Prepared and filed monthly Sales Tax and Income Tax Returns, ensuring accuracy and timely submission to meet regulatory obligations.
Managed communications and responded to notices from tax authorities, facilitating efficient resolution of compliance matters.
Ensured timely preparation of weekly Withholding Statements and prompt payment of WHT, maintaining strict adherence to financial regulations.
Prepared and filed annual returns for the Provident Fund, ensuring complete regulatory compliance.
Administered tax on commissions for distributors and issued WHT Certificates, ensuring accurate and compliant documentation for all parties.
International Chemplast (Pvt.) Ltd.
|Assistant Manager Finance
Karachi, Sindh, Pakistan
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Summary
Managed diverse financial operations including insurance, bank reconciliations, accounts payable/receivable, and coordinated external audits.
Highlights
Managed comprehensive health, life, and general insurance portfolios for the company, optimizing coverage and costs while ensuring compliance.
Executed timely reconciliation of all bank accounts, promptly resolving discrepancies to ensure financial accuracy and integrity.
Maintained and reconciled Accounts Payable and Accounts Receivable within ERP systems, ensuring data integrity and efficient transaction processing.
Collected, analyzed, and summarized complex account information to support robust financial decision-making and reporting.
Coordinated effectively with external auditors and tax consultants, ensuring seamless compliance and audit readiness for financial operations.
Ensured timely and accurate filing of periodic tax returns, maintaining regulatory compliance across all financial activities.
Mazars Pakistan
|Account Executive
Karachi, Sindh, Pakistan
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Summary
Prepared and finalized client accounts for statutory audits, provided tax advisory, and managed financial reporting and fixed assets.
Highlights
Prepared and finalized client accounts, ensuring readiness for statutory audits and full compliance with financial regulations.
Provided expert assistance to clients in preparing financial statements, ensuring strict adherence to applicable financial reporting frameworks.
Managed and maintained client fixed asset registers, ensuring accurate tracking and valuation of assets for financial reporting.
Delivered strategic tax business advisory, guiding clients in developing and implementing efficient tax structures to optimize financial outcomes.
Managed import operations and calculated landed costs, ensuring accurate financial recording and cost control for client businesses.
Developed detailed periodic management reports, providing clients with clear insights into financial performance and overall position for strategic planning.
Education
ICMAP
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ICMA Finalist
University of Karachi
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Bachelor of Science
Finance
Languages
English
Skills
Tax Compliance
Annual Tax Compliance, Indirect Tax Compliance, Advance Tax Liability (Section 147), Withholding Statements, Sales Tax Returns, Income Tax Returns, Provident Fund Returns.
Tax Audit Management
Tax Audit & Rule 44 Monitoring, Audit Notices, FBR Tax Audits, Tax Authority Communications.
Financial Reporting
Year-End Tax Reporting Support, Financial Statements Preparation, Account Reconciliation, Management Reports, Fixed Asset Registers, Oracle ERP.
Data Analysis
Financial Data Extraction, Financial Data Consolidation, Account Information Analysis, Data Evaluation.
Stakeholder Management
Global Team Coordination, Internal Department Support, External Auditor Coordination, Tax Consultant Liaison, Senior Stakeholder Communication.
Financial Management
Petty Cash Control, Accounts Payable, Accounts Receivable, Insurance Management, Landed Cost Calculation.
Regulatory Compliance
Regulatory Requirements, Treaty Provisions, Legislative Changes, Statutory Requirements, Financial Reporting Framework.
Tax Advisory
Tax Business Advisory, Efficient Tax Structures, Tax Rates Management.