VAT Accountant

Ortenz & Co Limited; Greater London; On-site; GBP 35,000 - 50,000; Full time

Job summary

A dynamic accounting firm located in Greater London is seeking an experienced Accountant to manage client portfolios, prepare VAT returns, and ensure tax compliance. The ideal candidate will have a strong background in accounting and tax rules, practical experience with CIS and the Domestic Reverse Charge VAT, and excellent communication skills. This role requires the preparation of year-end accounts and corporation tax returns using advanced software, supporting clients with their financial queries. Join the firm to contribute to efficient delivery of accounting services.

Qualifications

• Strong knowledge of accounting and tax rules, with willingness to stay updated on legislation.
• Proven experience in accountancy practices and dealing with owner-managed businesses.
• Practical experience of CIS and VAT Domestic Reverse Charge.

Responsibilities

• Prepare and review VAT returns and maintain accurate bookkeeping records.
• Manage a client portfolio and provide guidance on VAT and CIS matters.
• Produce year-end accounts and corporation tax returns.

Skills

Strong knowledge of accounting and tax rules

Proven experience working within an accountancy practice

Strong VAT knowledge

Excellent communication skills

Education

Accountancy and/or tax qualification

Tools

VT Transaction+ software

IRIS Accountancy Suite

Job description

The Role

As an Accountant, you will take responsibility for preparing and reviewing VAT returns, maintaining accurate bookkeeping records, and ensuring full compliance with UK VAT, CIS, and tax regulations. You will manage a varied client portfolio, predominantly owner-managed businesses, providing guidance on VAT rules, CIS treatment, and other accounting matters. Your role involves producing year-end accounts, corporation tax returns, self-assessment tax returns, and supporting clients with day-to-day financial queries. You will ensure accurate reporting, effective workflow management, and contribute to the efficient delivery of our accounting and compliance services.

Key Responsibilities

The successful candidate will be responsible for:

• Performing bookkeeping for limited companies and sole traders using VT Transactions
• Preparing and submitting quarterly VAT returns for clients across sectors such as construction, retail, hospitality, manufacturing, IT, and others
• Entering purchase and sales invoices and reconciling supplier and customer ledgers
• Entering bank statements manually or via CSV imports and completing accurate bank reconciliations.
• Applying Domestic Reverse Charge VAT rules confidently
• Managing Construction Industry Scheme (CIS) processes, including CIS suffered, CIS deductions, and subcontractor payments
• Calculating CIS refund claims for limited companies and sole traders
• Preparing year-end accounts for VAT-registered and non-VAT-registered limited companies (preferably using IRIS Accountancy Suite)
• Preparing corporation tax returns (CT600) using IRIS Accountancy Suite, including correct treatment of allowable/disallowable expenses, capital allowances, marginal relief, and other SME tax rules
• Working effectively with incomplete or missing information when preparing VAT returns and accounts.
• Accurately recording wages, salaries, PAYE, NIC, and pension contributions
• Entering subcontractor payments, recording CIS deductions, and preparing workings for monthly CIS returns

Candidate requirement

• Strong knowledge of accounting and tax rules, with willingness to stay updated on legislation changes
• Proven experience working within an accountancy practice
• Experience dealing with owner-managed businesses
• Practical experience of CIS and VAT Domestic Reverse Charge
• Strong VAT knowledge with a proven track record of preparing and submitting VAT returns
• Bookkeeping experience using VT Transaction+ software
• Be the main point of contact for clients and/or colleagues
• Strong communication skills and able to build good relationship with the client and become direct point of contact for VAT

Qualifications

Holds a accountancy and/or tax qualification or qualified by experience (e.g. ATT/CTA/ACA/ACCA/CA)

For further information, please visit our website and to apply for this role use the “Apply” button below