Indirect Tax Accountant

TN United Kingdom; Leeds; On-site; GBP 35,000 - 55,000; Full time

Job summary

An established industry player is seeking an Indirect Tax Accountant to ensure compliance with UK VAT and IPT regulations. In this role, you will manage the filing of quarterly returns, oversee offshore teams, and provide training on indirect tax matters. Your expertise will help streamline processes and enhance efficiencies across departments. This position offers a dynamic work environment where your contributions will directly impact the accuracy of tax data and filings. Join a forward-thinking company that values collaboration and offers a comprehensive benefits package, including a generous pension plan and employee discounts.

Benefits

9% employer contributed pension

Up to 10% bonus

50% off home, motor and pet insurance

Free travel insurance

Green Flag breakdown cover

Additional optional Health and Dental insurance

EV car scheme

25 days annual leave

Buy as you earn share scheme

Employee discounts and cashback

Qualifications

• Recognized tax qualification required.
• Strong indirect tax experience with UK VAT and IPT knowledge.

Responsibilities

• Consolidate and file quarterly IPT and VAT returns to HMRC.
• Provide guidance to offshore teams on indirect tax matters.

Skills

Indirect Tax Experience

Communication Skills

Relationship Building

Compliance Knowledge

Education

Tax Qualification (Chartered Institute of Taxation or equivalent)

Tools

ERP Systems

Job description

Social network you want to login/join with:

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:

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

What you'll need to succeed

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

What you'll get in return

1. 9% employer contributed pension
2. Up to 10% bonus
3. 50% off home, motor and pet insurance plus free travel insurance and Green Flag breakdown cover
4. Additional optional Health and Dental insurance
5. EV car scheme which allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax efficient way.
6. 25 days annual leave
7. Buy as you earn share scheme
8. Employee discounts and cashback
9. Plus many more!