Indirect Tax Accountant

Hays Taxation; Leeds; Hybrid; GBP 40,000 - 70,000; Full time

Job summary

An established industry player in the insurance sector is seeking an Indirect Tax Accountant to join their dynamic team. This role offers a unique opportunity to contribute significantly to the Indirect Tax function, managing VAT and IPT accounting processes while ensuring compliance with Making Tax Digital (MTD) legislation. You will work closely with offshore teams, providing guidance and oversight, and play a key role in enhancing efficiencies across departments. With a flexible working arrangement and a comprehensive benefits package, this position is perfect for professionals looking to make a meaningful impact in a collaborative environment.

Benefits

9% Employer Contributed Pension

Up to 10% Bonus

50% Off Insurance

Health and Dental Insurance

EV Car Scheme

25 Days Annual Leave

Buy as You Earn Share Scheme

Employee Discounts

Cashback Offers

Qualifications

• Recognised tax qualification required; strong indirect tax experience needed.
• Effective communication and relationship-building skills essential.

Responsibilities

• Manage VAT and IPT accounting processes, ensuring compliance with MTD legislation.
• Provide guidance to offshore teams and collaborate across departments.

Skills

Indirect Tax Experience

Communication Skills

Relationship Building

Understanding of UK VAT and IPT

Education

Chartered Institute of Taxation Qualification

Institute of Chartered Accountants in England & Wales Qualification

Tools

ERP Systems

Job description

Your new company
A leading organisation in the insurance sector is looking to recruit an Indirect Tax Accountant. The company prides itself on its modern, collaborative culture and offers an excellent benefits package. The role is based in Leeds and provides a flexible working arrangement, with the expectation of attending the office twice a week.
Your new role
This is an exciting opportunity to play a pivotal role in the Indirect Tax function, supporting the Head of Indirect Tax. You'll manage processes for VAT and IPT accounting, reconciliations, and returns while ensuring compliance with Making Tax Digital (MTD) legislation. The role will also see you provide guidance and oversight to offshore teams and collaborate across departments to ensure the accuracy of indirect tax data and filings.
As an Indirect Tax Accountant, you'll be responsible for:

• Consolidating and filing quarterly IPT returns to HMRC in line with statutory deadlines, ensuring liabilities are paid on time.
• Preparing and consolidating quarterly VAT returns to HMRC, overseeing timely payments.
• Producing VAT and IPT journals and ensuring accurate general ledger postings.
• Reviewing overseas transactions to ensure compliance with relevant tax authorities.
• Monitoring monthly balance sheet reconciliations prepared by the offshore Shared Service Centre (SSC) in India for VAT and IPT accounts.
• Providing ongoing support to the SSC for indirect tax queries, reconciliations, and returns.
• Reviewing invoicing rules and ERP system postings to ensure VAT and IPT accuracy.
• Ensuring compliance with Making Tax Digital guidance for all group entities.
• Delivering training and advisory sessions to business units on indirect tax matters.
• Collaborating with offshore teams to streamline processes and enhance efficiencies.

What you'll need to succeed

• A recognised tax qualification such as Chartered Institute of Taxation or Institute of Chartered Accountants in England & Wales (or equivalent).
• Strong indirect tax experience, with a solid understanding of UK VAT and IPT.
• Preferably, experience in the financial services industry.
• A strong grasp of processes, controls, and compliance requirements in an organisation.
• Effective communication and relationship-building skills, including with tax authorities and external advisers.
• The ability to work both independently and collaboratively within a team.

What you'll get in return

• 9% employer contributed pension
• Up to 10% bonus
• 50% off home, motor and pet insurance plus free travel insurance and Green Flag breakdown cover
• Additional optional Health and Dental insurance
• EV car scheme which allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax efficient way.
• 25 days annual leave
• Buy as you earn share scheme
• Employee discounts and cashback
• Plus many more!

What you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or contact William Loring on 0161 237 3388 or email.