Accountant (VAT) in Leeds

Farnell, an Avnet company, is a global high-service distributor of technology products, services and solutions for electronic system design, maintenance and repair.

Are you ready to take your financial expertise to the next level? Farnell Global is seeking a skilled Accountant to support our finance operations. Based in Leeds with a flexible hybrid working model, this role offers the opportunity to join a globally recognized leader in electronic components while advancing your career in a dynamic and innovative environment.

Overview Job Summary:

Working in the Group Financial accountant team, the team is responsible for delivery of the external financial reporting for the Farnell EMEA entities, the role focuses on VAT and TAX reporting. Beyond the day to day, this role offers the opportunity to drive continuous improvement initiatives within the wider finance team. This is an excellent opportunity for a proactive finance professional to thrive in a dynamic, collaborative, and changeable environment.

What’s in it for you?

• A supportive team environment where everyone really is working toward the same goal.
• A strong open-door policy within management.
• An environment where you will be given the tools and opportunities to further your career.
• Pension scheme.
• Simply Health Medical Scheme.
• 25 days holiday plus bank holidays with option to buy additional holiday.
• FREE Onsite Parking.
• Flexible hybrid working.
• Cycle to work Scheme.
• Reward schemes.

What will you be doing?

• Prepare and timely submit domestic/foreign VAT returns or Tax reports for multiple jurisdictions in accordance with local regulations (following specific compliance processes).
• Follow-up on VAT refunds and initiate VAT payments.
• Reconcile the VAT GL-account to the VAT returns and review VAT reconciliation to VAT revenue figures.
• Prepare and/or review responses to tax authority inquiries in collaboration with the VAT analyst and VAT manager.
• Assist in providing VAT advice to internal stakeholders, ensuring compliance with VAT regulations on transactions and contracts.
• Keep track of new or changed VAT laws and regulations and analyze the impact of these changes.
• Act as a liaison between tax department and service providers or external advisors.
• Work closely with finance, accounting, and operations teams to ensure accurate VAT reporting and compliance.
• Ensure the preparation / filing of all other regulatory information as required, including corporate tax returns.
• Review entity VAT returns.
• May assist in the setup of processes and procedures.
• Provides guidance and support for both internal and external audits (adhoc, quarterly and annual).
• Other duties as assigned.

What will be expected of you?

• Thorough knowledge of principles, theories and concepts in area of discipline.
• Competent in all job functions and has general understanding of the industry practices, techniques and standards.
• Develops solutions for a variety of situations and works on projects requiring evaluation and analysis.
• May refer to policies, practices and precedents for guidance; determines best course of action to achieve results.
• Work is performed independently and requires the exercise of judgment and discretion.
• May receive some limited guidance for new assignments.
• Work may be reviewed for overall adequacy.
• Collaborates with management and team members within the department/function and other areas of the organization.
• May represent department internally or externally.
• Actions may impact the success of the overall department and/or the organization.
• Failure to accomplish work or erroneous decisions may result in delays to projects, loss of revenue or allocation of additional resources to remedy.

What do you need?

• A strong customer focus.
• A sense of urgency and pace, managing deadlines with the capacity to manage conflicting demands and driving the same in others.
• Strong organisation and planning skills.
• Deadline focused.
• Ability to deal with several priorities simultaneously and maintain a flexible approach.
• Logical and clear thinker.
• Fully qualified or part qualified.
• Several years of work experience.
• VAT and indirect tax experience.