VAT Accountant

BGC Partners
25 Jul 2017
15 Aug 2017
Contract Type
Main purpose of the role:

Preparation of Group VAT returns and act as a focal point for VAT accounting and reporting.

Key responsibilities:

  • To maintain and calculate the UK Group VAT liability in accordance with legal requirements, and produce the UK VAT Return for submission to HMRC.

  • To ensure that the Periodic VAT journals are uploaded to GL on a timely basis, and that a robust control environment exists around the Management Accounts VAT process.

  • To reconcile the VAT balance sheet accounts on a timely basis.

  • To liaise with our internal and external auditors to ensure a smooth quarterly and year-end process.

  • Conduct a continual process review - maintain an up to date manual of the VAT return process.

  • Monitor and challenge manual postings to VAT accounts.

  • Timely and accurate production of overseas VAT returns.

  • Assistance with other transaction taxes including Financial Transaction Tax (FTT) and stamp duties as necessary.

  • Deal with ad hoc VAT queries and projects as they arise.

  • Monitor and challenge PESM.

  • Liaise with external advisers and colleagues in other departments.

Skills / experience:

  • Part/Qualified CIMA/ACCA/ACA

  • Previous experience of completing VAT returns and a (minimum) basic understanding of HMRC compliance/VAT accounting.

  • Previous experience of working in a partially exempt business advantageous.

  • Excellent Excel skills and knowledge of finance systems (Oracle).

  • Able to investigate and amend reported financials to remove known inaccuracies.

  • A drive to fully understand the detail and resolve issues in the correct way.

  • Ability to work autonomously and under pressure.

  • Encouraged to automate/change existing processes to increase efficiency and effectiveness

Personal attributes:

  • Team player

  • Resilient

  • Good communication skills - in writing and in liaising with others and ability to work as part of an international team.

  • Able to work on their own and to undertake research.