At a Glance
- Tasks: Shape VAT compliance and manage tax reporting for a leading retail business.
- Company: Join a large retail company focused on innovation and efficiency in tax management.
- Benefits: Enjoy a competitive salary, bonus, and benefits package with opportunities for growth.
- Why this job: Be part of a dynamic team, making a real impact on tax strategy and compliance.
- Qualifications: Must be a qualified CTA, ACA, or ACCA with experience in indirect taxes, especially VAT.
- Other info: Ideal for those looking to advance their career in a fast-paced environment.
The predicted salary is between 60000 - 84000 £ per year.
Our client is a large retail business that is seeking to appoint to a newly created role of VAT Manager. The role will give the successful incumbent the opportunity to help shape and mould how tax compliance, in particularly VAT, will be delivered for the company.
Duties and Responsibilities:
- Assist key stakeholders with advisory, reporting, and strategic tax matters.
- Ensure the company meets its tax obligations while identifying opportunities for efficiency and optimisation within the tax framework.
- Indirect Tax Compliance: Manage the preparation, review, and submission of VAT returns and other indirect tax filings, ensuring compliance with UK regulations.
- Provide guidance on indirect tax matters, advising on transactions and ensuring compliance with VAT legislation.
- Oversee the accuracy of tax-related entries in financial statements, ensuring compliance with accounting and regulatory standards.
- Act as the main point of contact for HMRC on indirect tax matters, managing audits and responding to queries efficiently.
- Assist with other tax areas, including corporate tax, employment taxes, and capital allowances.
- Identify and implement improvements to tax reporting and compliance processes, leveraging technology where appropriate.
- Work closely with the Finance team, external advisors, and auditors to ensure seamless tax compliance and reporting.
- Monitor and mitigate tax risks, ensuring the company remains compliant with changing regulations.
This role will suit a career individual who is seeking to grow on their experience to date in a fast paced and changing environment. Ideally you will be a fully qualified CTA, ACA or ACCA accountant with significant practical working experience of indirect taxes (particularly VAT). It is essential you can work as part of a wider team and are able to collaborate with staff at all levels.
In-House VAT Manager employer: BAYMAN ATKINSON SMYTHE LIMITED
Contact Detail:
BAYMAN ATKINSON SMYTHE LIMITED Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land In-House VAT Manager
✨Tip Number 1
Network with professionals in the VAT and tax compliance field. Attend industry events or webinars where you can meet potential colleagues or mentors who can provide insights into the role and the company.
✨Tip Number 2
Familiarise yourself with the latest UK VAT regulations and compliance requirements. Being well-versed in current legislation will not only boost your confidence but also demonstrate your commitment to staying updated in this ever-evolving field.
✨Tip Number 3
Prepare to discuss specific examples of how you've improved tax compliance processes in previous roles. Highlighting your practical experience with indirect taxes, especially VAT, will show that you're ready to take on the responsibilities of this position.
✨Tip Number 4
Research the company’s current tax strategies and any recent changes in their operations. Understanding their business model and how VAT impacts it will allow you to tailor your discussions during interviews and showcase your proactive approach.
We think you need these skills to ace In-House VAT Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience with VAT and indirect tax compliance. Use specific examples from your previous roles that demonstrate your ability to manage VAT returns and work with HMRC.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your qualifications as a CTA, ACA, or ACCA accountant align with the job requirements and how you can contribute to improving tax compliance processes.
Highlight Relevant Skills: Emphasise skills that are crucial for the role, such as attention to detail, analytical thinking, and the ability to collaborate with various stakeholders. Provide examples of how you've successfully worked in teams to achieve tax compliance goals.
Showcase Continuous Learning: Mention any recent training or certifications related to VAT or tax compliance. This shows your commitment to staying updated with changing regulations and your proactive approach to professional development.
How to prepare for a job interview at BAYMAN ATKINSON SMYTHE LIMITED
✨Know Your VAT Inside Out
Make sure you have a solid understanding of VAT regulations and compliance requirements in the UK. Be prepared to discuss specific examples from your past experience where you've successfully managed VAT-related tasks or resolved complex issues.
✨Showcase Your Advisory Skills
Since the role involves advising key stakeholders, think of instances where you've provided valuable tax advice. Highlight your ability to communicate complex tax matters clearly and how you've helped others understand their implications.
✨Demonstrate Team Collaboration
This position requires working closely with various teams. Prepare to share examples of how you've collaborated with finance teams, external advisors, or auditors in the past. Emphasise your teamwork skills and how you contribute to a positive working environment.
✨Be Ready for Technical Questions
Expect technical questions related to indirect tax compliance and reporting. Brush up on recent changes in VAT legislation and be ready to discuss how these might impact the company. Showing that you're up-to-date will demonstrate your commitment to the role.