Quick overview
SeniorityMid Senior
Employment typeFull Time
Work modeHybrid
LocationGurugram, India
Posted1 week ago
ERPComplianceGeneral LedgerTax Compliance
Job description
Job details
•Proposed designation
Assistant Manager
Assistant Manager
•Role type
Individual contributor
Individual contributor
•Reporting to
Tax Manager
Tax Manager
•Geo to be supported
UK VAT
UK VAT
•Work timings
8 AM to 5 PM (May differ depending on the profile)
8 AM to 5 PM (May differ depending on the profile)
Roles & responsibilities
•Prepare and review UK VAT returns for financial service and real estate clients.
•Ensure accurate treatment of standard rated, reduced rated , zero rated and exempt transactions.
•Review VAT adjustments including partial exemption calculations, capital goods scheme adjustments (CGS) and reverse charge transactions.
•Validate data extracted from ERP systems and reconcile VAT returns to general ledger balances
•Support timely filings of VAT returns and compliance with HMRC requirements.
•Support client with Making Tax digital (MTD) compliance process
•Identify and implement process improvements to ensure Indirect Tax compliance is handled efficiently and cost-effectively.
•Support internal stakeholders on Indirect Tax questions, ensuring a clear understanding of tax implications for business transactions.
Roles & responsibilities
Training & Mentorship:
•Provide guidance and mentorship to team members on Indirect Tax issues and procedures.
•Assist in training internal teams on Indirect Tax compliance and best practices.
Other Duties:
·Stay up to date with changes in Indirect Tax laws and provide proactive advice to ensure compliance.
·Assist in preparing Indirect Tax reconciliations and regular clearance of open items
·Support ad-hoc Tax projects or corporate restructuring efforts as required.
Educational qualifications
•Bachelor’s degree in accounting, Finance, Business Administration, or a related field.
•Additional qualifications such as CA or equivalent certifications are preferred.
Work experience
•5+ years of experience in Indirect Tax compliance, tax consulting, or a similar role.
•In-depth understanding of Indirect Tax laws and regulations, including VAT, GST, sales tax, and accounting.
•Working experience with Indirect Tax APAC/ EMEA region and knowledge around IPT is an advantage.
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