VAT Manager - Vice President
Michael Page
- London
- £90,000 per year
- Permanent
- Full-time
- Review and submission of monthly UK VAT returns based on Partial Exemption Special Method (PESM) for the UK group, and for other entities where applicable.
- Monthly review of transactions for reverse charge invoices for inclusion in monthly VAT returns.
- Monthly review of sales transactions to ensure the correct PESM % is applied.
- Ensure VAT consequences of inter-company transactions are documented, recorded, and treated correctly for VAT reporting.
- Preparation of accounting entries reflecting the partial exemption position of the group.
- Calculation of the annual PESM calculation, submission and annual filing
- Calculation of the annual VAT Capital Goods Scheme adjustment; Review of CGS and submission of annual filing.
- Monthly reconciliation of VAT / GST accounts to submitted VAT returns for all EMEA entities.
- Monthly SOX files/balance sheet substantiation preparation and sign off
- Management reporting on irrecoverable VAT and key drivers of change
- Key contact person for audit related VAT queries.
- Provide VAT advice across all entities (see below for entities) to ensure risks are managed and mitigated.
- Review engagement letters with clients to ascertain the VAT status of the supply.
- Responsible to monitor key changes that may affect the WD system and to implement changes with system teams as required.
- Managing and supporting junior tax staff
- VAT risk management - Tax review and sign off to comply with CCO and DAC 6 regulations on all cross border engagements, or where amendments to the initial engagement has been raised.
- Qualified CTA/ Accountant with relevant VAT specialism
- Experience of working with a Partial Exemption Special Method
- Experience of Capital Goods Scheme calculations
- Experience of VAT rules pertaining to international supplies of services
- Experience of VAT rules pertaining to the financial services exemption
- Experience of working across multiple jurisdictions
- Up to date knowledge of relevant VAT legislation
- Advanced proficiency with MS Excel required
- Knowledge of UK GAAP and US GAAP desirable
- Attractive package and benefits
- Hybrid working