Manager- VAT

Ismartu Technology Bd Ltd (ITBL); United Kingdom; On-site; GBP 40,000 - 55,000; Full time

Job summary

A technology company in the United Kingdom is seeking a VAT and Customs Manager to ensure compliance with local regulations and manage relevant activities. The ideal candidate will drive the VAT agenda, optimize efficiencies, and maintain accurate records. Expertise in VAT compliance and customs regulations is essential. This role aims to promote operational efficiency through digitization and automation.

Qualifications

• Strong understanding of local VAT & Customs regulations.
• Experience in factory fiscal compliance and inventory management.
• Ability to manage interactions with local VAT authorities.

Responsibilities

• Ensure compliance with VAT & Customs regulations.
• Manage VAT invoice and records
• Collaborate with stakeholders to fulfill NBR conditions.
• Identify VAT & Customs risks and develop internal controls.
• Oversee preparation of VAT payment provisions.

Skills

VAT compliance

Customs management

Risk management

Stakeholder collaboration

Job description

Ismartu Technology BD Limited is a subsidiary of Transsion Holdings, a company dedicated to becoming a leading provider of smart devices and mobile services in global emerging markets. Our portfolio includes popular smart brands such as TECNO, itel, Infinix etc.

This position is responsible for factory VAT & customs management to provide oversight and manage all factory VAT & Customs related activities, ensuring compliance, efficiency, and value creation within the organization. This role requires a proactive manager who can drive VAT agenda, oversee factory fiscal compliance with regulatory requirements, and support sustainable business growth by optimizing implementation of fiscal regulations.

Key Responsibilities:

• Ensure full compliance with all local VAT & Customs regulations along with all withholding at factory stage, and maintain up-to-date knowledge of evolving VAT & Customs laws
• Responsible for timely issuance of VAT invoice, maintaining VAT registers & records, and other mandatory commercial documents. Prepare and submission of monthly VAT return on time and error free
• Ensure fulfilling of NBR conditions requirement for the factory production and inventory management
• Collaborate closely with external stakeholders; local VAT offices
• Regular reconciliation of factory inventory position, and ensure physical inventory as per records and regulatory requirement
• Proactively identify and manage VAT & Customs risks; develop solutions and internal controls to safeguard reputational risks.
• Manage interactions with local VAT authorities, full proof support for overseeing audits, and VAT & Customs related investigations to ensure timely, accurate, and compliant responses
• Lead the development and implementation of the factory's VAT compliance to minimize liabilities, optimize VAT efficiencies, proactively identify VAT incentive opportunities. Coordinate with factory production and inventory management.
• Oversee the preparation of accurate VAT payment provisions and annexures both external and internal reports. Ensure that tax records and documentation comply with local requirements and company's global standards.
• Continuous lead to promote operational efficiency and compliance through digitization and automation across the tax function