Tax Accountant

Toyota Financial Services

Epsom

Hybrid

GBP 50,000 - 80,000

Full time

7 days ago

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Benefits offered by this job

Hybrid work pattern

Car schemes for Toyota & Lexus

Pension scheme

Annual leave 25 days

Private medical healthcare

Group income protection

Employee assistance program

Eye tests

Onsite gym & wellness initiatives

Learning & development opportunities

Discount schemes

Job summary

Toyota Financial Services UK is seeking a Tax & Finance Projects Accountant to join our Finance team, offering a fantastic opportunity to develop specialist tax expertise while contributing to a range of business-critical projects.

This role would suit an individual with tax experience who wants to broaden their knowledge in a dynamic and supportive environment, working with the Tax Manager to ensure compliance across UK subsidiaries and group entities.

Qualifications

Experience of VAT and VAT returns.
Understanding partial exemption requirements.
Knowledge of Corporation Tax and tax accounting.
Experience in corporate and deferred tax accounting.
Familiarity with Alphatax and tax compliance/advisory work.
Excel at intermediate/advanced level.

Responsibilities

Support Tax Manager on taxation for UK subsidiaries.
Produce IFRS Tax Accounts for current and deferred CT.
Prepare Corporation Tax numbers for UK reporting and CONETs to Japan.
Prepare and submit yearly CT Return to HMRC.
Liaise with external advisors for BEPS and transfer pricing.
Assist PSA, SAO compliance, and VAT returns.
Set up tax processes for new entities with Tax Manager.
Project/work in Conets and treasury accounting.
Maintain tax procedures and general duties as required.

Skills

VAT

Partial exemption

Corporation Tax

Tax accounting

Alphatax

Excel (Advanced)

Tools

Alphatax

Job description

This role would suit an individual who already has experience in tax and is looking to broaden their knowledge within a dynamic and supportive environment. Working closely with the Tax Manager, you'll gain exposure to a wide variety of tax matters and play an important role in ensuring compliance across several UK Toyota subsidiaries.

About the ‘Department’:

Financial Accounting are responsible for keeping an accurate record of TFSUK’s total financial accounts, including our assets, equity, expenses and income revenue. Within the team there are a number of different functions, such as financial reporting, Accounts Payable, payroll and tax.

What you’ll be doing:

To support the Tax Manager on matters involving taxation for certain UK subsidiaries.
Production of IFRS Tax Accounts covering both current and deferred Corporation Tax for the financial statements.
Preparation of Corporation Tax numbers for half-yearly/yearly reporting in CONETS to Japan.
Preparation using Alphatax and submission of yearly Corporation Tax Return to HMRC.
Liaison with external advisors to ensure compliance with increased international tax burdens, such as the BEPs initiative.
Assist the Tax Manager in ensuring transfer pricing compliance.
Monitor any Group Relief claims or surrenders and manage payment for losses from/to other entities in respect of these.
Production of quarterly VAT Returns to ensure VAT compliance.
Assist the Tax Manager in the preparation and submission of the PAYE Settlement Agreement (PSA) Claims and Incentive Scheme Reporting where necessary and ensuring any new areas are captured so that we maintain compliance in this area.
Maintain the Senior Accounting Officer (SAO) Compliance process.
Ensure tax procedures are maintained.
Setting up of tax processes for new entities with support from the Tax Manager

Project/Financial accounting

Assistance in Conets preparation
Treasury accounting cover
Project work

General

Ensure procedures are maintained

Any other appropriate duties as required by line manager.

Requirements

Key Experience & Skills:

Previous knowledge and understanding of VAT and preparing VAT returns.
Experience of partial exemption.
Working knowledge of Corporation Tax.
Previous experience of working in corporate and deferred tax accounting.
Experience of setting up tax affairs of acquisitions would be desirable.
Experience of working in a tax compliance or advisory role within a commercial environment, HMRC or in practice.
Proficiencies in using Microsoft Office software, including Excel at intermediate/advanced level.
Experience of using Alphatax and advantage

Attributes & Behaviours:

Good time management and organisational skills.
Strong written and verbal communication, including confidence in presenting.
Self-motivated and proactive worker.
Keen attention to detail.
Able to work effectively with all levels of staff and external partners.

Benefits

At Toyota Financial Services (TFS) it is more than just an externally bench-marked salary and bonus, we also offer:

Hybrid working pattern is 2 days in the office and 3 days from a location of your choice.
Access to attractive car schemes for you (& your family) for Toyota & Lexus cars
Excellent pension scheme (up to 6% employee contribution and 15% employer contribution).
Generous annual leave of 25 days which increases with service and holiday purchase option
Private Medical Healthcare (single, partner/spouse and dependent children) with Digital GP Service
Group Income Protection cover with Aviva including physical, mental, and financial wellbeing services
Employee Assistance Program
Eye tests
Onsite gym, Sports and Social Club, & flu jabs to keep you healthy
Wellbeing hour each month and many more initiatives throughout the year to encourage a healthy mind and body, and to raise awareness and celebrate diversity, equity and inclusion.
Dress for your day policy to make you feel comfortable at work
Eco HQ, free parking & restaurant
Two volunteering days per year
Reward gateway voucher discounts
Flexible working scheme and we welcome flexible working conversations at interview
Regular 121s with your manager, a personal development review (PReview) each quarter
A wide range of learning & development opportunities including Linked In Learning courses
£250 contribution towards you learning something new outside of work
Annual events (e.g. summer party, BBQ & Xmas party) including Countdown to Christmas events every December - it is so much fun!