Manager / Deputy Manager (VAT)

Al-Mostafa Group; United Kingdom; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading financial advisory firm in the United Kingdom is seeking an experienced VAT Consultant to provide advice on VAT-related issues and ensure compliance with regulations. The ideal candidate will have a strong background in VAT advisory, be knowledgeable about VAT legislation, and possess excellent reporting and analytical skills. This role offers a chance to work closely with VAT Authorities and support tax compliance efforts.

Qualifications

• Proven experience in VAT advisory and compliance.
• Knowledge of VAT regulations and legislation in the UK.
• Strong analytical and reporting skills.

Responsibilities

• Advise the company on VAT-related issues.
• Ensure compliance with VAT regulations.
• Prepare and submit monthly VAT Returns.
• Coordinate VAT audits with authorities.

Job description

Key Responsibilities

• Advise the company on VAT-related issues and provide strategic solutions to mitigate VAT liabilities.
• Ensure compliance with VAT & Supplementary Duty Act 2012, including timely submission of VAT returns and other required documentation.
• Prepare and submit monthly VAT Returns (Mushak-9.1) both online and manually to VAT Authorities.
• Ensure accuracy and completeness of VAT calculations and returns.
• Attend hearings with VAT Authorities, including the DC Appellate, Appellate Tribunal, and ADR for the finalization of assessments.
• Coordinate VAT audits with VAT Authorities, legal representatives, and internal teams.
• Calculate VDS on bills/invoices and deposit the amounts to the Government exchequer through treasury challans.
• Issue VAT TDS Certificates (Mushak-6.6) to vendors as required.
• Maintain VAT-related books and records, including Mushak Forms 4.3, 6.1, 6.2, 6.3, 6.5, and 6.10.
• Prepare VAT reconciliations, monitor VAT purchase and sales accounts, and ensure timely issuance of VAT invoices.
• Facilitate VAT refund applications and coordinate with the VAT Division & VAT Commissioner's Office.
• Ensure proper follow-up for refund claims.
• Generate reports as necessary and prepare documentation for VAT audits and authority requests.
• Monitor input-output VAT coefficients and ensure proper recording of input tax credits.
• Maintain liaison and contact with VAT Authorities, Custom Authorities, and the National Board of Revenue (NBR).
• Act as the key point of contact for all VAT-related matters.
• Perform other VAT-related tasks assigned by management.
• Support tax compliance and contribute to financial reporting as required.