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VAT Reporting Assistant Manager

Employer
KPMG UK
Location
London, UK
Salary
Competitive
Closing date
Oct 15, 2019

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Job Role
Tax Compliance
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Department Information KPMG International (KPMGI) carries on business activities for the overall benefit of KPMG network firms, but does not provide professional services to clients. One of the main purposes of KPMGI is to facilitate the provision by KPMG network firms of high-quality audit, tax, and advisory services to their clients. For example, KPMGI establishes and facilitates the implementation and maintenance of uniform policies and standards of work and conduct by the KPMG network firms, and protects and enhances the use of the KPMG name and brand for the benefit of these entities. KPMGI also provides a range of services to KPMG network firms. The in-house tax team works on a wide and varied range of tax matters across direct and indirect tax. Some of the work is UK focused but much of the work is international, dealing with a variety of jurisdictions outside the UK. We drive the tax strategy, which means understanding KPMGI's business requirements and interacting with a variety of internal and external stakeholders to provide tax advice, and ensure that tax obligations are met around the world. The work is varied and we operate in a challenging and stimulating environment. This is a unique opportunity to work in an internal rather than client-facing KPMG team. Role and Responsibilities We are looking for a full time VAT Reporting Assistant Manager specializing in indirect tax compliance work. The role is based in Canary Wharf, London where almost all of the in-house tax team are based . We may be able to accommodate a candidate based in another location (e.g. Watford) although you would need to spend considerable time in Canary Wharf. The role involves working closely with our Finance Team who sit in Toronto, Canada, and our third-party offshore Finance Provider, who is based in India. Most of the work relates to European VAT, but there is also an HST (Canadian indirect tax) element. Other indirect tax compliance work, including sales & use tax, falls within the role. The role reports to KPMGI's VAT Manager. The successful candidate will:
• Have VAT experience, specifically in data management and reporting;
• Be experienced at using different accounting systems and working with offshore Finance Providers.
• Enjoy taking responsibility for complex data analysis tasks that require a methodical approach, and working as part of a close-knit tax group that values collaboration and teamwork. With the support and guidance of other in-house tax team members and particularly the VAT manager, responsibilities would include:
• Preparation and submission of all indirect tax returns (e.g. European VAT returns, EC Sales Lists, HST returns, sales & use tax returns, etc...), including gathering and analysing data from the underlying accounting systems.
• Assisting the Toronto based Finance Team with reconciling the above returns to the general ledger, including the indirect tax control accounts.

• Reviewing the indirect tax aspects of sales invoices, and KPMGI's external Finance Provider's coding of purchase invoices.

• Continuous training of our external Finance Provider, and monitoring of their performance against key performance indicators. Qualifications and Skills You will need to have at least 2 years of experience in a role with significant VAT accounting responsibilities. There could be many routes to gain the experience required for this role and we therefore do not want to be too prescriptive in defining specific educational achievements. As a basic, however, we would expect appropriate vocational qualifications. Significant on the job training will be provided. Experience and Background The successful applicant will have:
• Competence in extracting information from accounting systems, and reconciling data to the general ledger.
• A good understanding of European indirect tax rules, including invoice requirements, foreign exchange VAT accounting, place of supply rules and reverse charge VAT accounting. The London Tax Team have extensive VAT expertise and will support the successful candidate in their day to day work.
• A track record in building excellent relationships with offshore Finance Providers, and ensuring that they consistently provide high quality work within pre agreed deadlines.
• The ability to spot unusual issues outside your knowledge and experience, and to refer these internally for further consideration.
• Strong team player skills but also be capable of working methodically and independently.
• Strong attention to detail
• An ability to communicate effectively, both in writing and orally, and used to working cross border via email and telephone.

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