UK VAT Accountant

VARITE INC · India

• Review/preparation and completion of VAT filings, ensuring payment of final VAT liability is made on a timely basis.
• Ensuring tax office audit queries are properly addressed and resolved with the authorities.
• Extracting AP/AR reports; performing critical invoice VAT checks; identifying and resolving issues, initiating remediation, where required.
• Analysing data and translating it into meaningful information, including sampling and variance analyses, where required.
• Ability to apply VAT technical skills to identify risk areas and sustainable planning opportunities.
• Data cleansing/formatting to align with external VAT compliance provider requirements and/or templates.
• Training of AP/AR teams.
• A keen interest in identifying and resolving issues with ERP system.
• VAT control account reconciliations, including advising of profit and loss aspects of FX differences and irrecoverable VAT as required.
• Processing journal entries.
• Active participation on business calls and meetings, driving issue resolution as required.
• Preparing trackers, dashboards, etc.
• Planning/prioritization of workload.
• Providing support, maintaining communication and updating senior team members on progress.
• Liaison with internal tax/finance teams and external VAT compliance providers.
• Online return filing.

Qualifications:

Your Knowledge/Skill/Experience Requirements:

• UK/EU VAT knowledge – in particular, cross border supplies of goods and services, VAT invoices, VAT rates, VAT recovery, VAT reverse charge, VAT domestic reverse charge.
• UK/EU VAT compliance experience – VAT returns, statistical returns, etc.
• ERP knowledge/experience (ideally Workday).
• Ability to manipulate and interrogate data.
• Ability to perform VAT checks on AP/AR invoices.
• Knowledge and proficient understanding of taxing software and tools