VAT Tax Analyst

Posted 15 May 2024
Salary £55000 - £63000 per annum
Job type Permanent
Discipline Finance
Contact NameEavan Fitzpatrick

Job description

We are partnered with one of the UK's largest Aviation and Travel companies who are looking for a VAT Tax Analyst to join their team. In this role you will work to ensure the business meets its UK VAT reporting and compliance obligations and operates within a framework of robust controls. You will be responsible for the management of the monthly VAT return preparation, review and submission process for two UK VAT Groups.

As the VAT Tax Analyst you will be:

  • Extracting data using various reports at the start of the period to prepare for the VAT return calculation.
  • 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.
  • Co-ordinating information & reports required from other teams and responding to and posing questions to verify postings made.
  • Uploading 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.
  • Completion of VAT return review sheet/checklist and conducting VAT return review meeting with Head of Tax for sign off.
  • Supporting on process Improvement work including -
    • A review of the VAT return process generally with a view to reducing both the number of adjustments required and the time taken to complete and ensuring greater compliance overall with MTD.
    • Remapping of the OneSource tool (to better accommodate new reports and new tax codes that have recently been introduced)
    • Documenting changes and process notes/mapping for both the above.
  • SAO Risk Register - conducting process reviews with key teams to assess the extent of risks and the resulting impact to the business's VAT position. Also working with Internal Audit to assess the same.

You will need:

  • 2-3 years' experience in a VAT compliance role in Industry or Practise.
  • Good grasp of basic VAT technical rules for the UK
  • Strong analytical skills, attention to detail and high level of accuracy.
  • Experience of OneSource tax software in the context of MTD compliance an advantage.
  • Proficiency using Excel (high standard), Word, PowerPoint.

Inventum Group is passionate about equity, diversity and inclusion. We seek individuals from the widest talent pool and encourage underrepresented talent to apply for vacancies with us. We are committed to recruitment processes that are fair for all, regardless of background and personal characteristics. If you require any adjustments to apply for a role with us, please let us know in whatever way suits you best. Inventum Group is a Recruitment and ED&I Consultancy Business.

Inventum Group is acting as an Employment Agency in relation to this vacancy.