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Finance Analyst - Indirect Tax / VAT
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Russell TobinHeathrow, Greater London , United KingdomWhat are we looking for in our Finance Analyst - Indirect Tax / VAT?
Finance Analyst - Indirect Tax / VAT
Working for our globally recognised client, this is a pivotal role within their Indirect Tax Team. The purpose of the role is to support in ensuring that the business meets its UK VAT reporting and compliance obligations and operates within a framework of robust controls.
Accountabilities of the role :
Management of the monthly VAT return preparation, review and submission process for two UK VAT Groups.
This includes :
- Ensuring that a timetable is maintained in which preparation, review and submission of the return is planned / diarised and communicated throughout the month (including any flagging / escalation of issues) as appropriate.
- Extracting data using various reports at the start of the period in preparation for the VAT return calculation.
- Co-ordinating information & reports required from other teams (AP, AR, Retail, payroll, Cash team etc) and responding to and posing questions to verify postings made.
- Monthly GL / Balance Sheet reconciliation activity
- Analyzing data for accuracy including carrying out standard checks on certain transactions (, invoice validation, VAT rate and FX checks).
- Upload and checking of information within the OneSource reporting tool.
- Reviewing and reconciling data of an entity which is not on the same ERP system as the rest of the VAT group.
- Carrying out any required adjustments.
- Completion of monthly and annual adjustments required for Partial Exemption & Input VAT restriction purposes.
- Completion of VAT return review sheet / checklist.
- Conducting VAT return review meeting with Head of Tax for sign off.
- Submission of VAT return.
- VAT Control account and provisions management.
In addition, this role will be supporting with the following :
Qualifications and Experience :
Good grasp of basic VAT technical rules for the UK
What's on offer -
If interested please CLICK ON APPLY and we will get back to you within 24 hours!!!!