VAT Accountant

INEOS; Grangemouth; On-site; GBP 38,000 - 52,000; Full time

Benefits offered by this job

34 days holiday

Discount platform

Private medical insurance

Pension scheme

On-site gym

Employee assistance programme

Maternity leave

Car and cycle to work

Career development

Job summary

INEOS in Grangemouth HQ is seeking a VAT Accountant to join the European Accounting Team on-site. You will analyse and prepare VAT returns, manage Intrastat and EC Sales List obligations, and liaise with external providers to ensure timely compliance across UK and international entities.

The role requires an HNC in Accounting or Business Management, strong Excel skills, experience with reconciliations, and a good understanding of UK VAT rules.

Qualifications

• HNC level in Accounting or Business Management.
• Excellent Excel experience.
• Experience in reconciliations.
• Strong numerical and analytical skills with attention to detail.

Responsibilities

• Analyse and prepare VAT returns on a monthly, bi-monthly or quarterly basis using SAP reports.
• Liaise with third-party service providers and send relevant spreadsheets, reports and copy invoices.
• Verify and code purchase invoices for VAT.
• Prepare VAT cash forecasts monthly and send to treasury.
• Prepare Intrastat returns and EC Sales List submissions.
• Check duty deferment statements align with HMRC payments and allocate costs appropriately.
• Identify and recommend areas for process improvement.
• Ensure procedures are maintained.

Skills

Excel expertise

Analytical ability

Attention to detail

Strong communication

Education

HNC in Accounting or Business Management

Tools

SAP

Job description

Title: VAT Accountant

Hours: 37.5 per week

Location: Grangemouth HQ

Salary: Dependent on skills, qualifications and experience

Contract type: Permanent

About Us

A truly global company, INEOS comprises of numerous businesses with sites in countries throughout the world. We also encompass a wide range of consumer brands and sports interests.

Grangemouth remains one of INEOS’ key sites in the UK and is home to world scale manufacturing plants – offering a unique environment in which to grow your skills, knowledge and competencies within the petrochemical sector.

We are engineering a strong future for our site, based on a highly skilled, experienced workforce and a portfolio of essential products that underpin a sustainable, low carbon future for all. We are entrepreneurial. We love to find new ways of doing things. Whether that’s through improving the energy efficiency of our plants, developing new ways of working or delivering on our net zero promises. And we’re proud to be doing this in Scotland.

We believe in offering our employees true autonomy and empowerment with a working environment that creates the opportunities for all of us to achieve our potential and to have a fulfilling professional career. We’re looking for committed and talented people to join our teams, to realise our ambitions and shape the future.

About Our Opportunity

We are currently looking for a VAT Accountant to join the European Accounting Team working on-site at our office in Grangemouth. The European Accounting Team provides transaction accounting services to a number of businesses based both in the UK and abroad.

Key Accountabilities

• Analyse and prepare VAT Returns on a monthly, bi-monthly or quarterly basis using the relevant SAP system reports.
• Liaise with third-party service providers and send relevant spreadsheets, reports and copy invoices to enable them to submit a return on our behalf to the relevant authorities in specific countries.
• Verify and VAT code purchase invoices.
• Clear and reconcile VAT general ledger account codes and investigate any anomalies accordingly.
• Prepare VAT cash forecast monthly and send to Cash Forecaster.
• Prepare payment request forms and send to treasury to ensure payable VAT returns are paid within the due date.
• Analyse and prepare Intrastat returns.
• Prepare an EC Sales List which is submitted to relevant EC country’s authorities on a quarterly basis.
• Check duty deferment statements match the payment taken on the 15th of every month by HMRC, liaise with Hydrocarbons Team leader to ensure duty costs are allocated correctly.
• Meridian VAT engine. Liaise with various contacts within the business to test and make changes to the Meridian table. Advise on the impact of a new business supply or a customer in a new territory and how it should be treated.
• Identify and recommend areas for process improvement.
• Ensure procedures are maintained.

About You

Required:

• Be educated to HNC level in Accounting or Business Management and have previous experience in a similar role.
• Have excellent experience of Excel.
• Have experience of preparing reconciliations.
• Have strong numerical and analytical skills and attention to detail.
• Pro-active and self-motivating attitude.
• Have excellent organisational skills.
• Excellent team player with very good communication and interpersonal skills.
• Ability to work to tight deadlines.
• A good understanding of UK VAT rules and regulations.
• Experience of preparation of Intrastat & VAT returns.

Desired:

• Previous knowledge of SAP or other ERP systems

What We Offer

• 34 days holiday (optional salary sacrifice to purchase up to 5 extra days)
• Benefits Platform – access to discounts on high street stores etc., Discounted Private Medical Insurance, Travel Insurance etc.
• Employee Referral Bonus Opportunity
• Scottish Widows Contributory Pension including employer contributions
• Free On-site Gym
• Employee Assistance Programme
• Enhanced Maternity Leave
• Salary Sacrifice Car and Cycle to Work Scheme
• Ongoing Career Development

As an equal opportunity employer, we encourage diversity and are committed to creating an inclusive environment for all employees. We encourage applicants from all protected characteristics and commit to providing any reasonable adjustments required during application, assessment and on-boarding stages.

Additional Information

If you were referred by a permanent member of staff that currently works at INEOS O&P UK Grangemouth please email [e-mail] confirming the position you applied for and the name of the employee that referred you. Please note the employee referral scheme is only applicable for permanent vacancies.