VAT Accounting Manager

HSBC Group; Birmingham; On-site; GBP 70,000 - 90,000; Full time

Benefits offered by this job

Private healthcare for UK-based staff

Enhanced maternity and adoption pay

Contributory pension scheme

Job summary

HSBC UK seeks a VAT Accounting Manager to strengthen controls and governance around VAT accounting processes within the VAT team. You will own VAT accounts, advise lines of business, and work with outsourced providers to enhance compliance.

As a trusted partner to our global businesses, you will develop standardised processes, manage escalations, and support new product reporting and UK e-invoicing initiatives in line with legal requirements.

Qualifications

• Experience with VAT accounting, reconciliations and VAT compliance processes.
• Experience developing and implementing standardised processes for others to follow.
• Effective stakeholder management including with senior individuals.
• Confident at managing issues and escalations.
• VAT advisory experience is helpful but not essential.

Responsibilities

• Establish best in class processes around transactional and consolidating VAT account reconciliations, reviews and ownership.
• Advise lines of business on VAT accounting best practices with VAT advisory colleagues.
• Support on enhancing VAT compliance processes, working with outsourced service providers.
• Manage escalation of VAT accounting issues if they arise.
• Own appropriate VAT accounts and perform ownership responsibilities under supervision of a VAT Senior Manager.
• Work on projects related to VAT accounting, new product reporting and UK e-invoicing, and support the UK VAT advisory team as required.

Skills

VAT accounting

Stakeholder management

Process improvement

Testing & controls

Job description

Tax effectively manages tax risk through strong control and governance and having a talented and engaged global tax team who lead with integrity.This is a newly created role within the VAT team to enhance controls and governance around VAT accounting processes.As an HSBC employee in the UK, you'll have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.

In this role, you will be responsible for:

• Establishing best in class processes around transactional and consolidating VAT account reconciliations, reviews and ownership, and ensuring implementation of these via direct support of individuals and periodic testing
• Advising lines of business on VAT accounting best practices, in conjunction with VAT advisory colleagues
• Supporting on enhancing VAT compliance processes, working with outsourced service providers
• Managing escalation of VAT accounting issues if any arise
• Owning appropriate VAT accounts (including performing ownership responsibilities under the supervision of a VAT Senior Manager)
• Working on other projects with interactions with VAT accounting - for example, new product reporting and UK e-invoicing - and supporting the UK VAT advisory team as required

To be successful in this role you should meet the following requirements:

• Experience with VAT accounting / reconciliations / VAT compliance processes, preferably within a business or organisation operating a partial exemption special method
• Experience developing and implementing standardised processes, for others to follow and apply in practice
• Effective stakeholder management including with senior individuals
• Confident at managing issues and escalations appropriately
• VAT advisory experience is helpful but not essential

Opening up a world of opportunity. Being open to different points of view is important for our business and the communities we serve. At HSBC, we're dedicated to creating diverse and inclusive workplaces. Our recruitment processes are accessible to everyone - no matter their gender, ethnicity, disability, religion, sexual orientation, or age. We take pride in being a Disability Confident Leader and will offer an interview to people with disabilities, long term conditions or neurodivergent candidates who meet the minimum criteria for the role.

We are currently seeking an individual to join the Tax team as VAT Accounting Manager. Tax has overall responsibility for the Group's worldwide tax affairs. As trusted partners of our global businesses and Functions, the Tax team adds value through general tax advice, the identification of key tax issues and the creation of workable and insightful solutions - in all cases, adhering to the spirit and letter of the law.